The proposed American tariffs on Canadian goods are paused for 30 days, the Canadian Prime Minister Justin Trudeau said. Pause comes after a Similar delay on the proposed tariffs on Mexican goods.
“I just had a good call with President Trump,” Trudeau said to an X post 3. February, the day before Trump Tariff Plan He was set into effect.
In exchange, Canada increases its efforts to combat trade and organized crime on American-Canadian borders with a new security plan of $ 1.3 billion, states the Prime Minister.
The plan includes strengthening the boundary with new helicopters, technology and 10,000 front workers focused on the border insurance.
As part of the initiative, Canada will also name “Fentanil Carar”, run a Canad-American articulated power, and denote drugs as terrorist organizations. The country also performs 200 million dollars to combat Fentanil and organized crime.
Earlier on Monday, Trump also postpone tariffs on Mexico to March. On Sunday 2. February, Trudeau announced tariffs on $ 155 billion US goodssignaling the beginning of a Tense trade condition.
The proposed tariffs looked to set up 25% import tax from Mexico and Canada, and 10% import tax from China. Canadian exports of crude oil are set to taxes to 10% due to significant relying in the US at the Canadian energy source.
2025-02-03 22:45:00
