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Why Trump wants tariffs connected large importers
Canadian Prime Minister Justin Trudeau volition conscionable with President-elect Donald Trump Friday astatine Trump's Mar-a-Lago property successful Florida, Canada's CBC News reported. The gathering comes successful the aftermath of Trump's menace to enforce tariffs connected goods coming from Canada.
Trudeau volition dine with Trump astatine Mar-a-largo Friday night, according to elder sources who spoke to CBC News connected information they not beryllium named owed to the sensitivity of the trip. The sources said the gathering was pushed for by Canadian officials, the Canadian broadcaster said.
Trudeau's level landed astatine Palm Beach International Airport astatine astir 5:30 p.m. section time.
The gathering comes aft Trudeau earlier Friday cautioned that if Trump follows done connected this threat to enforce sweeping tariffs connected Canadian products, helium would beryllium raising prices for Americans and hurting American businesses.
Trump has threatened to enforce tariffs connected products from Canada and Mexico if the countries don't halt what helium called the travel of drugs and migrants crossed confederate and bluish borders. He said helium would enforce a 25% taxation connected each products entering the U.S. from Canada and Mexico as 1 of his archetypal enforcement orders.
"It is important to recognize that Donald Trump, erstwhile helium makes statements similar that, helium plans connected carrying them out. There's nary question astir it," Trudeau said to reporters successful Prince Edward Island successful Atlantic Canada.
"Our work is to constituent retired that helium would not conscionable beryllium harming Canadians, who enactment truthful good with the United States, but helium would really beryllium raising prices for American citizens arsenic good and hurting American manufacture and business," helium added.
Trudeau said Trump got elected due to the fact that helium promised to bring down the outgo of groceries but present he's talking astir adding 25% to the outgo of each kinds of products, including potatoes from Prince Edward Island.
Those tariffs could fundamentally stroke up the North American commercialized pact that Trump's squad negotiated during his archetypal term. Trudeau noted they were capable to successfully re-negotiate the deal, which helium calls a "win-win" for some countries.
"We tin enactment unneurotic arsenic we did previously," Trudeau said.
Trump made the tariff menace Monday portion railing against an influx of amerciable migrants, adjacent though the numbers astatine the Canadian borderline airy successful examination to the confederate border.
The U.S. Border Patrol made 56,530 arrests astatine the Mexican borderline successful October unsocial — and 23,721 arrests astatine the Canadian 1 betwixt October 2023 and September 2024.
Trump besides railed astir fentanyl from Mexico and Canada, adjacent though seizures from the Canadian borderline are fewer successful examination to the Mexican border. U.S. customs agents seized 43 pounds of fentanyl astatine the Canadian borderline past fiscal year, compared with 21,100 pounds astatine the Mexican border.
Canadian officials accidental lumping Canada successful with Mexico is unfair but they are acceptable to marque caller investments successful borderline security.
"We're going to enactment unneurotic to conscionable immoderate of the concerns," Trudeau said. "But yet it is done tons of existent constructive conversations with President Trump that I americium going to have, that volition support america moving guardant connected the close way for each Canadians."
Mexican President Claudia Sheinbaum said Thursday she is assured that a tariff warfare with the United States will beryllium averted. Trump posted connected societal media that helium had spoken with her and she had agreed to halt unauthorized migration crossed the borderline into the United States.
When Trump imposed higher tariffs during his archetypal word successful office, different countries responded with retaliatory tariffs of their own. Canada, for instance, announced billions of caller duties successful 2018 against the U.S. successful a tit-for-tat effect to caller taxes connected Canadian alloy and aluminum.
Canada is the apical export destination for 36 U.S. states. Nearly $2.7 cardinal worthy of goods and services transverse the borderline each day.
Canada is besides the largest overseas supplier of steel, aluminum and uranium to the U.S. and has 34 captious minerals and metals that the Pentagon is anxious for and investing successful for nationalist security.
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