Trudeau meets Trump to talk trade amid tariff threat

by | Nov 30, 2024 | Family | 0 comments

The Canadian premier has jetted off to Trump’s Florida home to try to get the president-elect’s ear. Trump’s proposed tariffs are likely to have a significant impact on Canada’s economy.

Canadian Prime Minister Justin Trudeau met with US President-elect Donald Trump at the latter’s Mar-a-Lago resort in Florida on Friday. The meeting occurred days after Trump announced he would levy a 25% tariff on imports from Canada and Mexico, until both nations clamped down on drugs, particularly fentanyl, and illegal migrants crossing their borders with the US. Trump’s threat has raised concerns in Canada, whose economy is closely linked to that of the United States. Last year, the United States received more than three-quarters of all Canadian exports, totaling $423 billion (€400 billion). And about two million Canadian jobs are dependent on trade.

Economists say imposing hefty tariffs would harm the economies of all countries involved.

https://p.dw.com/p/4nb4a BusinessCanada Trudeau meets Trump to talk trade amid tariff threat 1 hour ago1 hour ago The Canadian premier has jetted off to Trump’s Florida home to try and get the president-elect’s ear. Canada’s economy would likely suffer a great deal from Trump’s plan on Canadian Prime Minister Justin Trudeau Trudeau this week pledged to stay united against Trump’s tariffs threatImage: Blair Gable/REUTERS Advertisement Canadian Prime Minister Justin Trudeau met with US President-elect Donald Trump at the latter’s Mar-a-Lago resort in Florida on Friday. The meeting occurred days after Trump announced he would levy a 25% tariff on imports from Canada and Mexico, until both nations clamped down on drugs, particularly fentanyl, and illegal migrants crossing their borders with the US. Trump’s threat sparked .He scheduled a meeting with the premiers of all ten Canadian provinces to discuss US relations. While some argue that Trump’s tariff threat is only a negotiation tool, Trudeau dismissed that notion. “It is crucial to recognize that when Donald Trump makes promises like that, he intends to carry them out. There’s no doubt about it,” Trudeau declared.

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