Murray Wood: Who's scary... and who's scary good?
Every Friday, Murray Wood takes a look at the week's news and decides who's hot... and who's not. This week, in a specia...
By Kelly Geraldine Malone in Washington
U.S. President Donald Trump says he’s pausing tariffs on most nations for 90 days — but it’s not clear whether there will be any impact on Canada.
Read More:
- Canada adds more retaliatory tariffs as Trump’s trade war hits the world
- Tariffs force closure of longtime Prince Albert hobby store
- Global Food, Fuel and Fertilizer Summit meets amid tariff situation
Trump announced both a pause and a lower 10 per cent “reciprocal” tariff in a post on social media this afternoon after days of market turmoil triggered by the president’s trade war with the world.
The president posted that China has shown a “lack of respect” and announced he’s increasing tariffs on Chinese imports to 125 per cent, effective immediately.
Canada was not directly targeted by Trump’s global tariffs but the country is being hit by U.S. automobile, steel and aluminum tariffs and still faces the ongoing threat of economywide fentanyl-related tariffs.
Ottawa added to its retaliatory measures today in response to the automobile duties by implementing similar tariffs on vehicles imported from the United States.
Unlike the American duties, Canada’s tariffs will not affect auto parts or Mexican vehicles and components.
This report by The Canadian Press was first published April 9, 2025.
