Trudeau meets Trump to talk trade amid tariFF threat
Dec 01, 2024
New York [US], December 1: Canadian Prime Minister Justin Trudeau met with US
President-elect Donald Trump at the US president-elect's Mar-a-Lago estate in Florida
on Friday.
The meeting came days after Trump said he would slap a 25% tariFF on imports from
Canada and Mexico, until both countries clamped down on drugs, particularly fentanyl,
and illegal migrants crossing their borders with the US.
Trump's threat sparked worries in Canada, whose economy is deeply intertwined with
that of the US.
Over three-quarters of Canadian exports, worth $423 billion (€400 billion), went to the
United States last year. And about 2 million Canadian jobs are dependent on trade.
Economists say imposing hefty tariFFs would harm the economies of all countries
involved.
Tricky time for Trudeau
The threat of US tariFFs comes at a time when Canada's economy is already slowing.
That, coupled with the rising cost of living, has already hit Trudeau's popularity.
A general election must be held in the country by late October 2025 and polls show the
premier's party is lagging behind the opposition Conservative party.
Trudeau this week pledged to stay united against Trump's tariFFs threat.
He called a meeting with the premiers of all 10 Canadian provinces to discuss US
relations.
While some say Trump's tariFF threat is just a bargaining tactic, Trudeau rejected those
views.
"It is important to understand that Donald Trump, when he makes statements like that,
he plans on carrying them out. There's no question about it," Trudeau said.
Source: Times of Oman
