In the hours before Canadian Prime Minister Justin Trudeau announced a 30-day pause on US President Donald Trump’s threatened 25% tariff on Canadian goods, the co-founder of one of Canada’s largest auto parts manufacturers was bewildered.

European stocks trimmed earlier declines after Mexican President Claudia Sheinbaum said tariffs imposed by the US would be delayed for one month after a conversation with Donald Trump.

President Donald Trump's move to impose or threaten massive tariffs against China, Mexico, Canada and the European Union affect about $2 trillion worth of U.S. imports and have the potential to disrupt business for major Cincinnati companies that rely on foreign goods or that sell goods overseas.

U.S. President Donald Trump slapped Canada and Mexico with duties of 25% and China with a 10% levy on Saturday, calling the measures necessary to combat illegal immigration and the drug trade. Canada and Mexico immediately vowed retaliatory measures,

President Donald Trump’s will-he-or-won’t-he tariff drama is fraying nerves across the energy industry — even after Mexico and Canada persuaded him to hit the pause button today. His threats to impose steep levies on those countries plus China — the three major suppliers to the U.