Trump backtracks and lifts tariffs on most Mexican goods for a month

It's possible many shippers will be cautious about new orders the first few days after tariffs are implemented to gauge if the tariffs are temporary,

said C.H. Robinson's Global Forwarding president, Mike Short

Dry freight Mexican shippers did not appear to react the same way except for produce shippers,

Croke said

There's clear evidence shippers north of the border were desperate to get loads into the U.S. before midnight on Monday this week,

said Dean Croke, principal analyst at DAT

We will not be backing down from our response tariffs until such a time as the unjustified American tariffs [on] Canadian goods are lifted,

he said

My expectation is the president will come to the agreement today, and hopefully we will announce this today, that U.S.M.C.A.-compliant goods will not have a tariff for the next month, until April 2,

Mr. Lutnick said

After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement. This Agreement is until April 2nd,

he said in a statement posted to his Truth Social platform

I did this as an accommodation, and out of respect for, President Sheinbaum. Our relationship has been a very good one, and we are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl. Thank you to President Sheinbaum for your hard work and cooperation!"

Trump said in a post on the social media website Truth Social

Canada has done an enormous amount, they’ve offered us an enormous amount of work on fentanyl and so is Mexico,

he said

Justin Trudeaucanada, Prime Minister

That aligns with some of the conversations that we have been having with administration officials, but I'm going to wait for an official agreement to talk about Canadian response and look at the details of it,

Trudeau said

So if you think about it this way, if you lived under Donald Trump's US-Mexico-Canada agreement, you will get a reprieve from these tariffs now. If you chose to go outside of that, you did so at your own risk, and today is when that reckoning comes,

he said

The movement of these products has been stopped with the hope that one day, one day soon... there will be an agreement to lift the tariffs on these goods,

Vazquez told Reuters

It's extremely concerning... I think our city, as well as the country, should look towards more market diversification,

he said

We are glad to see an American president take aggressive action on ending the free trade disaster that has dropped like a bomb on the working class,

the union said

This is a day where the United States stopped seeing trade as force for mutual benefit, and began seeing it as a tool of economic warfare,

said Edward Alden, a senior fellow at the Council on Foreign Relations

Justin Trudeaucanada, Prime Minister

A fight with Canada will have no winners,

Mr. Trudeau said

The political ramifications of it were probably as big or bigger than the economic ones,

he added

There is going to be significant disruption to regional economies,

he said

Tariffs are about making America rich again and making America great again, and it is happening and it will happen rather quickly,

he said

We’re sitting on a lot of a lot of projects that we can’t otherwise do as a result of just the threat of the tariff,

he said

Trump’s trade war will seriously hamper U.S.-Canada relations and severely upend North America’s highly integrated production and supply network, possibly with lasting impacts on both economies,

he said