President Donald Trump has announced a temporary postponement of tariffs on numerous imports from Canada and Mexico, just two days after their implementation. This decision comes amid significant stock market declines and widespread concerns about potential economic repercussions. The tariffs, initially set at 25% on various goods, have been deferred until April 2, offering a reprieve to industries such as automotive manufacturing that heavily rely on cross-border supply chains. Despite this delay, Canada has maintained its initial retaliatory tariffs against the U.S., targeting products like orange juice, peanut butter, and motorcycles. The ongoing trade tensions have raised concerns about potential disruptions to the economies of both nations.