By David Lawder, Andrea Shalal and Jarrett Renshaw WASHINGTON (Reuters) -President Donald Trump did not immediately impose tariffs on Monday as previously promised but said he was thinking about imposing 25% duties on imports from Canada and Mexico on Feb.

Canadian leaders expressed relief that sweeping tariffs were not applied to Canadian products on the first day of Donald Trump’s presidency and that he did not mention America’s major trading partner

U.S. President Donald Trump on Monday said he was thinking of imposing 25% tariffs on imports from Canada and Mexico because they were allowing many people to cross the border as well as fentanyl.

Donald Trump sparked a bout of tumult in financial markets hours after his inauguration as he threatened to hit Mexico and Canada with big tariffs. Speaking in the Oval Office late on Monday, Trump said he could enact tariffs of 25 per cent against both countries as soon as February 1,

After US President Donald Trump declined to impose tariffs on his first day back in power, officials in the Canadian government expressed caution, saying the fight against US protectionism is far from over.

Canadian officials and business leaders seemed relieved earlier Monday when it became clear the Trump administration wasn't going to impose 25% tariffs on Canadian goods on day 1 of its term, but anxiety returned after President Trump said from the Oval Office that the U.

U.S. President Donald Trump will not impose his promised tariffs on Canada, Mexico or China on his first day in office, according to multiple U.S. reports, giving this country something of a reprieve,