President Donald Trump delays new tariffs on Canadian and Mexican goods for 30 days. Image: Politico.
(The Post News)– President Donald Trump holds off imposing 25% tariffs on Canada and Mexico for 30 days. This decision by the United States president delays the arising trade war with his North American neighbours.
President Trump and Canadian Prime Minister Justin Trudeau have agreed to reinforce the Canadian border in collaboration with the United States to mitigate migration and the flow of the deadly drug fentanyl. Both leaders portrayed the plan as a win when they announced their temporary agreement on their social media platforms. Trump stated that as president, he is responsible for the safety of “all Americans,” while also expressing that he is happy with the outcome.
Trudeau, on the other hand, said Canada was implementing a $1.3bn border plan to halt the flow of fentanyl, which Trump has cited as a major concern. He further said that the U.S. and Canada would form a combined strike team and designate a “fentanyl czar” to fight money laundering, fentanyl, and crime.
Additionally, Trump also made amends with Mexican President Claudia Sheinbaum. The state leaders made a deal to reinforce the northern border with troops; in return, the U.S. would limit the flow of guns into Mexico.
President Sheinbaum broke the news on X, stating that she had a “good conversation with great respect for our relationship and sovereignty” with her United States counterpart. Meanwhile, Trump described his phone conversation with the Mexican leader as “very friendly.”
The U.S. tariff, however, of 10% on Chinese imports has come into effect after the deadline of 00:01 EST (07:01 SAST) on Tuesday passed. Shortly after, Beijing announced the implementation of retaliatory tariffs on various American products, including 15% on coal and liquefied natural gas and 10% on crude oil and agricultural machinery.
Trump earlier said he planned to speak on the phone to his Chinese counterpart soon. Trump, who had previously mentioned that he was willing to have a phone call conversation with the Chinese president, described the 10% import taxes as the “opening salvo. He also stated that if no agreement is reached with China, the export taxes could become “very, very substantial.”