by Timothy Edward, Local Journalism Initiative reporter

Two days after the U.S. imposed 25% tariffs on Canada, Trump has paused tariffs on all Canadian goods that comply with the CUSMA free trade treaty, until April 2. CUSMA doesn’t cover goods such as dairy, lumber or alcohol, and MSNBC is reporting that 62% of American imports from Canada don’t fall under CUSMA.

The U.S. is also reducing the levy on potash to 10%, while tariffs on Canadian steel and aluminium, which go into effect next week, will not be modified.

Finance Minister Dominic LeBlanc shared the federal government response to Trump’s latest move, announcing on Twitter that Canada will suspend the second round of retaliatory tariffs (on $125-billion of U.S. goods) until April 2. The first round of retaliatory tariffs, on $30-billion in goods, went into effect on Tuesday.