<h1>US Delays 25% Tariffs on Canadian and Mexican Imports Until April 2; Exemption for USMCA-Compliant Goods</h1> US Commerce Secretary announced that the US will likely delay imposing 25% tariffs on most products and services from Canada and Mexico for a month, expanding an exemption initially granted to autos. This delay will cover USMCA-compliant goods and services, affecting over half of US imports from these countries. The reprieve is set until April 2, after which reciprocal tariffs may be enforced. However, if Canada and Mexico do not curb fentanyl shipments to the US, the tariffs could be reinstated. The announcement has temporarily calmed financial markets, which have been unsettled by fluctuating tariff threats.