Trade war: Trump pauses Canada tariffs after talks with Trudeau

It's one of the things that we're going to have to live with, these swings back and forth,

said Keith Lerner, co-chief investment officer at Truist Advisory Services in Atlanta

Unlike with the first Trump administration, there’s no longer an element of surprise; Mexican authorities are ready to negotiate and collaborate with the US,

Dhawan said

Markets were a little complacent in wanting to believe that some of the threats wouldn't be carried through,

said Mark Dowding, BlueBay chief investment officer at RBC Global Asset Management

So we're going to delay this for a month, which just leaves the tariff gun loaded but not fired,

said Art Hogan, chief market strategist at B. Riley Wealth in Boston

They don't have a playbook where they can react so quickly to all these changes in policy implementation,

said Olivier d’Assier, head of applied research for Asia Pacific at investment consultant Simcorp

Nearly 10,000 frontline personnel are and will be working on protecting the border,

he said

As President, it is my responsibility to ensure the safety of ALL Americans, and I am doing just that,

Trump wrote on Truth Social after putting tariffs on hold for 30 days to see how the “deals” he forged with Canada and Mexico play out

Karoline Leavittwhite House press secretary

Canada is bending the knee, just like Mexico,

White House press secretary Karoline Leavitt told CNN

Lawrence Summersformer US Treasury Secretary

Canada is our friend, Canada is not an important source of illegal immigrants, Canada is not an important source of illegal drugs,

said Summers, who served former Democratic President Bill Clinton

Canada is an important market for American products, Canada is a crucial co-producer with American automobile companies that enable North America to compete with Asia and Europe,

he said

Doug Fordontario Premier

Make no mistake, Canada and Ontario continue to stare down the threat of tariffs,

Ontario Premier Doug Ford said

Competent white men must be in charge if you want things to work,

is reportedly set for a top role at the state department

Justin Trudeauprime Minister

I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan -- reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly 10,000 frontline personnel are and will be working on protecting the border."

Canadian PM Trudeau confirmed the details of the plan in a post on X, stating

It will definitely happen with the European Union. I can tell you that because they've really taken advantage of us,

Trump told reporters on Sunday

The debate today in the room was about the principle, first of all, be prepared. And I can only say we are prepared,

she told a news conference

Am I going to impose tariffs on the European Union? Do you want the truthful answer or should I give you a political answer? Absolutely, absolutely,

he told reporters in the Oval Office

When targeted unfairly or arbitrarily, the European Union will respond firmly,

von der Leyen said following an informal gathering of EU leaders in Brussels

Amy Klobucharsenator

We don’t always quote Sen. McConnell on a Democratic call, but I will. He said it will be paid for by American consumers. Slapping these taxes on families while planning more massive tax cuts for billionaires and corporations is not how you strengthen our economy,

Klobuchar added

Chuck Schumersenate Minority Leader

Luckily for the American people, Trump has backed off his tariffs,

Schumer said on a press call on Monday afternoon

Canada has agreed to ensure we have a secure Northern Border, and to finally end the deadly scourge of drugs like Fentanyl,

Trump said in a post on social media platform Truth Social