Canadian Prime Minister [Justin Trudeau](https://www.businessinsider.com/justin-trudeau-stepping-down-party-leader-prime-minister-canada-2025-1) has declared that the United States' intentions to impose a 25% tariff on Canadian goods will be postponed for at least 30 days. This announcement arrives shortly after President [Donald Trump](https://www.businessinsider.com/donald-trump) secured a similar deal with Mexico, providing a temporary reprieve in escalating trade tensions across North America. Trudeau shared on X, 'Proposed tariffs will be paused for at least 30 days while we work together.' The conversation between Trudeau and Trump was reportedly productive, according to the White House, with Trump noting it 'went very well.' This strategic pause not only aims to address economic concerns but also connects to broader discussions on combatting drug trafficking, particularly fentanyl. In his statement, Trudeau elaborated on a new $1.3 billion border security initiative, signaling Canada's commitment to enhancing cooperation with U.S. authorities to reinforce border controls and reduce drug flow. Trudeau's efforts come after outlining potential retaliatory tariffs exceeding $100 billion, highlighting the risks Canadian exports face should negotiations fail. This is a developing story, and it remains crucial for both countries to navigate these discussions with care to avert long-term economic impacts.