Breaking news! 🇺🇸 U.S. President Donald Trump has decided to hit the pause button on the tariffs imposed on Canada and Mexico for the next 30 days. This strategic move is aimed at assessing whether a final economic deal can be struck with Canada.
\"Canada has agreed to ensure we have a secure Northern Border and to finally end the deadly scourge of drugs like fentanyl,\" Trump shared on Truth Social. This pause gives both nations a chance to negotiate and strengthen their economic ties without the immediate pressure of tariffs.
Over in Canada, Prime Minister Justin Trudeau announced a positive update on X (formerly Twitter). \"I just had a good call with President Trump,\" Trudeau said. \"Proposed tariffs will be paused for at least 30 days while we work together.\" 🇨🇦
Trudeau didn't stop there. He detailed Canada's $1.3 billion border plan, which includes new helicopters, advanced technology, and nearly 10,000 frontline personnel working to protect the border from the flow of fentanyl. 🚁💉
\"In addition, Canada is making new commitments to appoint a fentanyl czar, list cartels as terrorists, and launch a Canada-U.S. Joint Strike Force to combat organized crime,\" Trudeau continued, highlighting the collaborative efforts to tackle these critical issues.
President Trump expressed his satisfaction with the ongoing talks, stating he is \"very pleased with this initial outcome\" and is optimistic about reaching a comprehensive agreement within the 30-day window.
This development comes after Trump signed executive orders last Saturday imposing a 25% tariff on imports from Canada and Mexico and a 10% increase on imports from China, sparking widespread debate and immediate retaliations. 🇨🇳↗️
Earlier on Monday, Trump also mentioned a friendly conversation with Mexican President Claudia Sheinbaum, leading to an immediate one-month pause on the anticipated tariffs while negotiations continue. 🇲🇽🤝
Reference(s):
cgtn.com