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OTTAWA —Prime Minister Justin Trudeau is scheduled to speak with U.S. President Donald Trump for a second time Monday, as Mexico and the U.S. were able to secure a deal delaying the imposition of 25 per cent tariffs for at least a month.
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Mexico’s President Claudia Sheinbaum issued a statement this morning saying they had reached an agreement following a conversation she had with Trump earlier in the day.
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In a Truth Social post, Trump said Mexico agreed to put 10,000 of its soldiers at the border to address his concerns over the flow of migrants and the deadly drug fentanyl into the U.S.
Whether Canada and the U.S. can find a similar to way to avoid Trump slapping 25 per cent tariffs on Canadian imports and 10 per cent on energy resources, which he signed into effect on Saturday. The tariffs are set to take effect Tuesday.
Prime Minister’s Office spokesperson Simon Lafortune confirmed Trudeau and Trump spoke Monday morning about trade and the border. He also confirmed they were set to speak again by phone later in the day.
It marked first time the leaders had spoken since the president’s inauguration on Jan. 20. Starting Tuesday at 12:01 a.m. U.S. tariffs of 25 per cent on Canadian goods and 10 per cent on Canadian energy, as well as Canada’s first wave of retaliatory tariffs kick in, formally launching both countries into a massive trade war.
On the eve of that incoming trade war, Trump launched a new gripe against Canada by questioning why American banks aren’t allowed more access to its northern neighbour’s market.
In a Truth Social post Monday morning, he wrote: “Canada doesn’t even allow U.S. Banks to open or do business there. What’s that all about?”
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More to come
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