Move follows backlash from financial markets
President Trump has delayed tariffs on goods imported from Mexico and some from Canada for at least four weeks, just days after the charges were introduced.
The move follows a backlash from US firms and financial markets who fear it the new tariff regime is self-defeating.
On Thursday, Trump announced that Mexico and Canada won’t be required to pay tariffs on any goods that fall under the US-Mexico-Canada Agreement on trade until 2 April. The White House said that 62 per cent of Canadian imports would still be subject to 25 per cent tariffs because they were not compliant with the trade deal.
