There will be no tariffs against Canada, at least for now.
This after Prime Minister Justin Trudeau announced the 25 per cent tariffs that were slated to be levied against this country on Tuesday will be put on hold for another 30 days after what’s being reported as a “good” call with U.S President Donald Trump on Monday afternoon.
The threat of tariffs against Canada was initially brought forward by President Trump for a rotating number of reasons, including what he claims was a deluge of fentanyl crossing the border into the U.S, as well as feeling mistreated because U.S banks can’t operate in Canada with impunity.
According to Trudeau, the border will be enforced with new choppers, technology, personnel and more. Commitments will also be made to appoint a “Fentanyl Czar”, list cartels as terrorists, launch a Canada- U.S. Joint Strike Force to combat organized crime.
Earlier today, Trump also backed down with his threats against tariffs in Mexico. He says tariffs won’t be put on Mexican imports for another month, following a chat with Mexican president Claudia Sheinbaum. She says her country will fortify its border with ten-thousand national guard troops, and the US will work to prevent the trafficking of high-powered weapons to Mexico.
I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly…
— Justin Trudeau (@JustinTrudeau) February 3, 2025
