President Donald Trump's tariffs on Mexico and Canada could take effect next month, with consumers likely to see prices rise for several types of products if they move forward.

President Donald Trump has temporarily suspended stiff new tariffs on Canada and Mexico, easing the fears of homebuilders who had warned the measures could raise the cost of key building materials used in home construction.

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.

Canadian Prime Minister Justin Trudeau said Monday in a social media post that the United States had agreed to pause threatened tariffs for “at least 30 days.” The announcement followed two phone calls with President Donald Trump on Monday and came after the United States and Mexico reached a similar agreement.

Trump on Saturday had directed that 25% tariffs on most imports from the two American partners — and 10% on Canadian energy products — go into effect at midnight Tuesday.

Jamieson Greer, President Donald Trump’s nominee to be United States trade representative, defended the use of tariffs against Mexico and Canada in his confirmation hearing on Thursday. Greer, who would play a key role in executing Trump’s trade policy,