Amid the tariff war between the Washington and Ottawa, US President Donald Trump and Canadian Prime Minister Justin Trudeau held a nearly 50-minute phone call on Wednesday, where they discussed fentanyl smuggling and trade.

In the latest development, US President Donald Trump on Thursday has suspended the 25% tariffs he imposed this week on most goods from Canada and Mexico, amid widespread fears of the economic fallout from a broader trade war.

More fentanyl has been seized at or near border since the launch of Operation Deterrence than was seized at the entire Canadian border last year. While 43 pounds was seized going from Canada to the United States last year,

U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau spoke for about 50 minutes on Wednesday and discussed fentanyl smuggling and trade, said a Canadian source directly familiar with the conversation.

The removals come after Trump imposed a 25 per cent tariff on nearly all imports from Canada and Mexico, arguing the move was necessary to curb fentanyl shipments into the US

Trump put 25% tariffs on goods from Canada and Mexico on Tuesday. Markets tanked. And by Thursday, he had decided to broadly lift them.

Trump sows confusion by suggesting tariffs have been pushed back to April 2, but his Secretary of Commerce says March 4 date still in effect

U.S. President Donald Trump has vowed to levy tariffs on Canadian and Mexican goods on March 4 unless border issues resolved to his satisfaction

WASHINGTON, March 6 (Reuters) – President Donald Trump on Thursday exempted goods from both Canada and Mexico under a North American trade pact for a month from the 25% tariffs that he had imposed earlier this week, the latest twist in fast-shifting trade policy that has whipsawed financial markets and business leaders.

Investors and business leaders are looking for any signs that political leaders will walk back recent tariff hikes.

Mexican and Canadian officials are increasingly frustrated by tariff negotiations with the Trump administration, with a lack of clarity over exactly what the U.S. wants making any resolution seem impossible,