In a recent development, U.S. President Donald Trump announced a temporary pause on tariffs imposed on Canada and Mexico. The 30-day suspension aims to facilitate the structuring of a final economic agreement with Canada, addressing key issues such as border security and the fight against fentanyl trafficking.
Trump stated on Truth Social that the tariffs on Canada, initially set at 25 percent on all imports and 10 percent on energy products, will be paused to evaluate the potential for a comprehensive economic deal. \"Canada has agreed to ensure we have a secure Northern Border and to finally end the deadly scourge of drugs like fentanyl,\" Trump remarked.
Canadian Prime Minister Justin Trudeau echoed the positive sentiment, highlighting Canada's commitment to strengthen border security. Trudeau detailed Canada's $1.3 billion border plan, which includes the deployment of new helicopters, advanced technology, and additional personnel. He emphasized the allocation of nearly 10,000 frontline workers dedicated to protecting the border from illicit activities.
Furthermore, Trudeau announced several new initiatives, including the appointment of a fentanyl czar, the designation of cartels as terrorist organizations, and the establishment of 24/7 surveillance at the border. Canada is also set to launch a Joint Strike Force with the United States to combat organized crime, fentanyl trafficking, and money laundering, supported by a $200 million intelligence directive.
Trump expressed satisfaction with these initial outcomes, indicating that the pause on tariffs would provide ample time for further negotiations. The original tariff orders, which included a 10-percent increase on Chinese imports, had sparked widespread opposition and retaliatory measures from Canada, including a 25-percent tariff on $107 billion worth of American goods.
In addition to the developments with Canada, Trump held a constructive discussion with Mexican President Claudia Sheinbaum. Both leaders agreed to immediately pause the anticipated tariffs on Mexican imports for one month, allowing continued dialogue toward resolving trade issues.
This temporary suspension of tariffs marks a significant step in U.S.-Canada-Mexico trade relations, with both sides showing a willingness to collaborate on economic and security challenges.
Reference(s):
cgtn.com
