Daijiworld Media Network- Washington

Washington, Mar 7: In a strategic move, former US president Donald Trump announced a one-month delay on certain tariffs imposed on Mexico and Canada, citing ongoing trade negotiations. The decision comes as part of efforts to ease tensions with key North American partners while seeking favorable trade terms.

The tariffs, originally set to take effect immediately, have been deferred by 30 days, allowing time for further discussions between the three nations. Sources indicated that officials from Washington, Ottawa, and Mexico City are engaged in last-minute negotiations to address concerns surrounding trade imbalances and tariff exemptions.

The move signals a tactical shift in Trump’s trade approach, balancing his "America First" policy with diplomatic considerations. The delay is expected to provide breathing space for businesses reliant on cross-border trade, particularly in industries like automotive, agriculture, and manufacturing.

Economic analysts suggest that while the temporary suspension offers relief, uncertainty remains regarding the long-term trade policies between the US and its North American counterparts. Markets responded cautiously to the announcement, with investors closely monitoring the next steps in the trilateral trade discussions.