After the president-elect threatened to impose levies on American goods, Canadian Prime Minister Justin Trudeau and Donald Trump met at his Mar-a-Lago hotel on Friday.
If the movement of medicines and refugees across the northern and southern edges continues, Trump has suggested imposing a 25 % tax on all products entering the country from Canada and Mexico. One of his second executive orders would be the taxes.
According to a source with knowledge of the situation, Trudeau and Trump are dining together during his attend. Trudeau stated to writers on Prince Edward Island in Atlantic Canada earlier on Friday that he would speak to Trump to resolve the issue.
” We’re going to work together to meet some of the fears”, Trudeau said. However, I will be able to continue on the right foot for all People by having a lot of real constructive conversations with President Trump.
About 80 % of Canada’s fuel and 40 % of its oil are exported to the U. S. Trudeau suggested that tariffs could cause a great problem to U. S. customers.
Trudeau claimed that “he would not only harm Indians who collaborate so well with the United States.” ” He]would ] actually be raising prices for American citizens as well, and hurting American industry and businesses”.
Trudeau said it is important to consider Trump’s risk really, explaining that” when he makes remarks like that, he plans on carrying them out”.
Trump made the threat to both Canada and Mexico, which probably does cause problems with the United States-Mexico-Canada business deal. The North American Free Trade Agreement, which would become the USMCA, was negotiated by the first Trump presidency.
Claudia Sheinbaum, president of Mexico, has threatened to impose punitive taxes while Trudeau and Trump are trying to reach a deal.
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She emphasized the need for cooperation and mutual knowledge in a letter to Trump that read “nothing can be done about drug use” through risks or tariffs.
In 2026, the trade agreement will be renegotiated, but analysts predict a renewal might occur sooner because Trump is already willing to impose tariffs.
