In a last-minute move US President Donald Trump has suspended high tariffs on Canada and Mexico following widespread market frustration. The announcement, made on Thursday, gives battersies [sic] temporary rebate from the trade measures introduced early this previous week.
Trump’s massive 25% tariffs on imports from China, America’s largest trading partner, and from the EU, America’s second-largest trading partner, went into effect on March 4, resulting in a stock market slide and concerns from economists about inflation and an economic slowdown. Notwithstanding disavowing assertions that his decision was because of market volatility, Trump chose to halt certain tariffs imposed under a regional trade deal.
The administration also cut tariffs on Canadian potash, a factor in manufacture of fertilizer, citing deficiency at home. The tariff stay in effect will persist until April 2, matching another suspended tariff for U.S. automakers shipping components from Mexico and Canada. 
Trump said that the pause would help US carmakers but singled out for a deeper probe at the beginning of next month. Liaisons avec Mexico restent stables, dans les relations avec le Canada, c’en est une montée des tensions, avec premier ministre Justin Trudeau déclarant que Ottawa retiendra son position rétaliante jusqu’à ce que tous les droits de douane soient levés.
Economists see Trumps rollback of tariffs as a nod to economic realities – that protectionism can break up supply chains and ultimately penalize consumers. But unease remains as companies await more trade policies that are still up in the works to be introduced in April.
