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ARTICLE · 06 FEBRUARY 2025

New Tariffs On Mexico And Canada Delayed By One Month

Kelley Drye & Warren LLP
Kelley Drye & Warren LLP
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Kelley Drye & Warren LLP

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Today, President Trump reached separate agreements with the leaders of Mexico and Canada to delay implementation of tariffs announced over the weekend and originally...

GlobalInternational Law

Today, President Trump reached separate agreements with the leaders of Mexico and Canada to delay implementation of tariffs announced over the weekend and originally set to take effect at 12:01 a.m. tomorrow (February 4). In both instances, the leaders agreed to delay implementation of the tariffs – and retaliatory measures – for at least a one month period.

The delays followed additional border security commitments by Mexico and Canada. In a Truth Social post, President Trump announced that Mexico would "immediately" supply 10,000 soldiers to the U.S.-Mexico border "specifically designed to stop the flow of fentanyl and illegal migrants." Separately, in a post announcing the 30-day delay for the Canadian tariffs, Prime Minister Trudeau said his government would take additional measures related to border security and illicit fentanyl.

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