Canada has postponed retaliatory tariffs on $125 billion worth of American goods until April 2, as per the announcement made by the Canadian finance minister. This decision comes after US President Donald Trump opted to suspend tariffs on Canadian and Mexican imports under the Canada-United States-Mexico Agreement (CUSMA). However, despite this temporary suspension, 62% of Canadian exports, mainly energy-related products, and half of Mexican imports are still subject to lower tariffs. The delay in imposing retaliatory tariffs reflects the ongoing trade tensions between Canada and the US, as both countries navigate complex trade negotiations. The move aims to provide some breathing room for further discussions and potential resolutions to the trade disputes. Stay tuned for more updates on the evolving trade relations between these North American nations.