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Trump says tariffs on Canada and Mexico ‘will go forward’

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Stock futures climb Tuesday night after Commerce’s Lutnick suggests a potential pact on tariffsCommerce Secretary Lutnick suggests Trump could compromise on Canada, Mexico dutiesS&P 500 wipes out Trump election bumpOntario cancels Starlink dealChina tariffs could weigh on soybean prices, Teucrium strategist saysCanadian oil industry needs to look beyond the U.S., trade group saysTrump will deliver joint address to Congress on TuesdayTrump’s tariffs could quickly hit North American auto productionTrump vows more tariffs on Canada after Trudeau’s retaliationHigher gas prices will hit the Northeast quickly due to Trump tariffsTrudeau says Trump is ‘appeasing’ Putin as he tariffs Canada: ‘Make that make sense’Trudeau dismisses Trump justifications for tariffs as ‘totally false’China’s retaliatory actions include blacklisting 15 U.S. companiesOntario will impose 25% tax on electricity exports to U.S.Canada’s Trudeau announces retaliatory tariffs on U.S. goods‘The return of the tariff man’ means auto stocks have more downside ahead, says BernsteinNew England governors warn tariffs will increase gasoline, home heating costsTrump falsely claims U.S. banks cannot do business in CanadaTrump says companies with U.S. manufacturing won’t have tariffsBest Buy CEO warns prices for consumers are ‘highly likely’ to rise‘It’s time to defend Mexico and its sovereignty,’ Sheinbaum saysLutnick says tariffs for now are targeted toward stopping drugsOil falls as Trump tariffs coincide with higher OPEC+ supplyTariffs on Mexico could hike produce prices ‘over the next couple of days,’ Target CEO saysMexico will announce retaliatory tariffs on Sunday, Sheinbaum saysWarren Buffett calls Trump’s tariffs a tax on goodsCanada’s retaliatory tariffs to start TuesdayMexico’s next move is unclearTrump to impose reciprocal tariffs next month with Europe in the crosshairsChina strikes back at U.S. with tariffs of its ownStocks take a hit amid concerns over tariffsTrump delivers tariffs, escalating a global trade fight

U.S. President Donald Trump delivers remarks during a joint press conference with French President Emmanuel Macron in the East Room at the White House on Feb. 24, 2025 in Washington, DC.

Tasos Katopodis | Getty Images

President Donald Trump said Monday that sweeping U.S. tariffs on imports from Canada and Mexico “will go forward” when a month-long delay on their implementation expires next week.

“The tariffs are going forward on time, on schedule,” Trump said when asked at a White House press conference if the postponed tariffs on the two U.S. trading partners would soon go back into effect.

The president claimed that the U.S. has “been taken advantage of” by foreign nations on “just about everything,” and reiterated his plan to impose so-called reciprocal tariffs.

“So the tariffs will go forward, yes, and we’re going to make up a lot of territory,” Trump said.

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