The decision comes after Commerce Secretary Howard Lutnick said that tariffs on both Mexico and Canada would "likely" be delayed.

Mexican President Claudia Sheinbaum thanked her U.S. counterpart Donald Trump for an "excellent and respectful" call on Thursday, promising that her government would work on security and migration as Washington temporarily eased tariffs.

Canada will enact a 25 percent tariff on energy flowing into parts of the U.S. on Monday, Ontario Premier Doug Ford said, as U.S. President Donald Trump plows on with his trade war with America's top trading partners.

In another reversal, Trump postponed for a month new tariffs on imports from Canada and Mexico that fall under the three nations' free trade deal.

President Donald Trump has postponed 25% tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war.

President Donald Trump said his trade disputes with Mexico and Canada would be good for the 2026 World Cup co-hosted with those two nations as he signed an executive order to create a task force to assist in organizing the tournament.

Donald Trump has declared that "tension is a good thing" amid the ongoing trade war with Canada and Mexico, with the next FIFA World Cup set to be hosted in the United States

President Donald Trump signs an order postponing tariffs for one month on certain Mexican and Canadian goods that fall under an existing free-trade agreement.

The country’s worsening relations with its largest trading partners will heighten the stakes in next year’s World Cup, Trump suggested.