U.S.-imposed tariffs may be delayed until March 1: reports

Reports are coming out of Washington that the White House is going to delay the implementation of tariffs on Canadian and Mexican goods heading into the United States until March 1.

Reuters is reporting that it will include a process for the federal governments of both countries to seek specific exemptions.

In its exclusive, Reuters admits “the tariff situation remained fluid on Friday and no decision is final until Trump makes a public announcement.”

“The sources, who asked not to be named because they are not authorized to speak publicly on the matter, said they did not have details on a final tariff rate, but noted Trump has consistently said that he plans to impose a 25% tariff on imports from the two countries on Saturday,” Reuters shared.

The news agency also shared that an administration official stated that U.S. President Donald Trump was “reviewing tariff plans.” While it could include exemptions, those would be “few and far between,” the official said.

White House Press Secretary Karoline Leavitt will hold a briefing at 1 p.m. EST Friday where more information may be revealed.