President Trump Says Tariffs on Canada and Mexico “Going Forward” as Planned

On Monday, President Donald Trump said during a press conference that his tariffs on Canada and Mexico are starting next month, ending a monthlong suspension, The Associated Press reported (2-24-25).

Despite talks the Trump administration has held with Canadian and Mexican officials, Trump signaled that he would end the 30-day suspension of tariffs that were initially set to take effect in February. Trump plans to tax imports from Mexico at 25% as well as most goods from Canada, with energy products such as Canadian oil and electricity being tariffed at a lower 10%.

“We’re on time with the tariffs, and it seems like that’s moving along very rapidly,” Trump said.

While answering a specific question about the taxes to be charged on America’s two largest trading partners, the president also stressed more broadly that his intended “reciprocal” tariffs were on schedule to begin as soon as April.

“The tariffs are going forward on time, on schedule,” Trump said.