Canada’s Minister of Finance, Dominic LeBlanc, joins The Weekend to weigh in on how the country is responding to Trump’s chaotic tariff plan.

Events of the last week, with the on-again, off-again tariffs, have made many Canadians nervous. Federal Finance Minister Dominic LeBlanc says he's been talking to the U.S. commerce secretary about what needs to happen to get rid of the tariff threat altogether and move forward.

Canada will delay a planned second wave of retaliatory tariffs on C$125 billion of U.S. products until April 2, Finance Minister Dominic LeBlanc said in a post on X on Thursday.

US President Donald Trump extended to Canada a waiver on the 25% tariffs he had given Mexico earlier Thursday until April 2, 2025. The Republican leader signed an executive order exempting goods compliant with the USMCA trade agreement and reducing the tariff on Canadian potash - which is used in fertilizer - to 10%.

Canada is ready to begin early talks on reviewing the North American free trade pact if the Trump administration wants to begin that process, Canadian Finance Minister Dominic LeBlanc said.

President Trump said Thursday that he postponed 25% tariffs on many goods from Canada and Mexico for a month, amid widespread fears of a broader trade war.

President Donald Trump has accused Canada of "ripping us off for years" on tariffs for lumber and dairy products. He threatened another round of tariffs after his administration briefly delayed USMCA-covered goods until April 2. Trudeau has accused Trump of attempting to create economic hardship in Canada with an ultimate goal to annex the country.

Starting just past midnight Tuesday, imports from Canada and Mexico are now taxed at 25%, with Canadian energy products getting tariffed at 10%.

Canadian Finance Minister Dominic LeBlanc says it would delay the implementation of retaliatory tariffs targeting about $87 billion of U.S. imports that were set to take effect in late March. “We continue to work for the removal of all tariffs,