There will be no tariffs against Canada… for now.
Prime Minister Justin Trudeau announced that the 25 per cent tariffs slated to be levied against this country on Tuesday will be put on hold for another 30 days, after what’s being reported as a “good” call with U.S President Donald Trump on Monday afternoon.
The threat of tariffs against Canada was initially brought forward by President Trump for a rotating number of reasons, including what he claims was a deluge of fentanyl crossing the border into the U.S, as well as feeling mistreated because U.S banks can’t operate in Canada with impunity.
Trudeau has noted Canada will move forward with a $1.3 million border plan, a fentanyl czar and 24/7 eyes on the border.
Trump also backed down with his threats against tariffs in Mexico on Monday, after the president of that country agreed to tighten up border security between the two nations.Â
