Canadian leaders expressed relief that broad tariffs were not applied to Canadian products on the first day of Donald Trump’s presidency.

President Donald Trump isn’t expected to carry through on his threat to impose sweeping tariffs on the first day of his presidency, a move that economists have warned could lead to higher prices for Americans and hurt U.

President Trump said Monday evening from the White House that he is aiming to place 25% tariffs on imports from Canada and Mexico on Feb. 1. Trump made the comment even as he plans to direct federal agencies to analyze federal trade practices and policies with China and North American allies.

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

Trump in response to a reporter’s question said the administration was considering imposing tariffs of 25% on imports from Mexico and Canada as soon as Feb. 1. The moves, if implemented, would kickstart a long-expected trade war between the three countries.