U.S. President-elect Donald Trump stated on Saturday he mentioned the border, commerce and power in a “very productive” assembly with visiting Canadian Prime Minister Justin Trudeau amid rising fears of a commerce warfare and potential steep tariffs he just lately pledged for.
Trudeau paid an unannounced go to to Florida on Friday night and had dinner with Trump at his Mar-a-Lago residence, days after Republican Trump pledged to impose 25% tariffs on Canadian and Mexican imports after being sworn in as president in January.
That pledge has raised fears of a commerce warfare between the U.S. and two of its greatest buying and selling companions.
Mexico President Claudia Sheinbaum warned this week that Trump’s tariff plan would have dire penalties for each international locations and steered potential retaliation.
Trump desires to make use of tariffs as a software to get Mexico and Canada to assist stem the movement of unlawful medicine into the U.S., significantly the lethal opioid fentanyl, and likewise migrants crossing illegally into the U.S.
“We discussed many important topics that will require both Countries to work together to address, like the Fentanyl and Drug Crisis that has decimated so many lives as a result of Illegal Immigration, Fair Trade Deals that do not jeopardize American Workers, and the massive Trade Deficit the U.S. has with Canada,” Trump stated in a submit on Truth Social.
“Trudeau has committed to work with us to end this terrible devastation of U.S. Families,” he added.
In a submit on social media X on Saturday, Trudeau stated he appeared ahead to the 2 working collectively.
“Thanks for dinner last night, President Trump. I look forward to the work we can do together again,” Trudeau stated.
The prime minister’s workplace didn’t reply to a request for remark in regards to the assembly.
A Canadian authorities official, talking on the situation of anonymity, instructed Reuters that it was a optimistic, wide-ranging dinner that lasted three hours.
On Friday, Trudeau stated at a news convention in Canada he was taking the potential tariffs severely.
“Donald Trump, when he makes statements like that, he plans on carrying them out,” he stated.
Many economists have warned Trump’s plan to impose tariffs on imports will improve prices for U.S. customers.
Trump has stated tariffs on buying and selling companions will assist defend U.S. producers and enhance home job progress.
In a separate submit, Trump known as on the so-called BRICS international locations to decide to not creating a brand new forex or supporting one other forex over the U.S. greenback.
If these international locations achieve this, they may face “100% tariffs,” Trump stated.
BRICS refers back to the unique members of the intergovernmental group of economies: Brazil, Russia, India, China, and South Africa.
It additionally contains Iran, Egypt, Ethiopia and the United Arab Emirates (UAE).
“We require a commitment from these Countries that they will neither create a new BRICS Currency nor back any other Currency to replace the mighty U.S. Dollar, or they will face 100% Tariffs and should expect to say goodbye to selling into the wonderful U.S. Economy,” Trump wrote.
Source: www.dailysabah.com