Canadians are watching their finances for any impacts as President Donald Trump takes back the reins of government in the United States.
But one of the biggest economic threats of Trump’s second term — a pledge to impose blanket tariffs on goods entering the U.S. from Canada and other trade partners — appears to have been put off.
Those tariffs will not be implemented on Trump’s first day in office, as the president once floated, as first reported by the Wall Street Journal. Instead, he will reportedly issue a memo calling for a broad review of U.S. trade with a focus on China, Canada and Mexico that could see tariffs put in place at a later date.
Even with a brief reprieve from threatened tariffs, the ripple effects of Trump’s second presidency are already being felt north of the border.
Story continues below advertisement
Here’s what Canadians should be watching to plan their finances as Trump returns to the White …