For seven days, companies in countries all over the globe scrambling to find somewhere to build products that avoided U.S. President Donald Trump's reciprocal tariffs were looking at Windsor-Essex.

Carney said the 90-day pause, and Trump’s pledge to negotiate new trading arrangements with dozens of countries, “will likely result in a fundamental restructuring of the global trading system.”

In a sudden about-face on Wednesday, Donald Trump announced a 90-day pause of many of his hefty “Liberation Day” tariffs on America’s trading partners, following days of tumult on Wall Street and growing expectations that Trump’s trade war would trigger economic catastrophe.