President Donald Trump plans to speak with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum after announcing tariffs on Canada, Mexico, and China. The tariffs, set to take effect Tuesday (February 4), include a 25% duty on all imports from Mexico and most Canadian goods, with a 10% tariff on Chinese imports. Trump said the tariffs aim to combat the flow of fentanyl and illegal immigration into the U.S.
After a conversation with Sheinbaum, Trump agreed to pause the tariffs on Mexico for one month. Sheinbaum committed to deploying 10,000 Mexican soldiers to the U.S.-Mexico border to curb drug trafficking, particularly fentanyl. The two countries will continue negotiations on security and trade issues.
Trudeau plans to impose retaliatory tariffs on U.S. goods, and Ontario Premier Doug Ford announced a ban on American products in response to the tariffs. Trump is scheduled to speak with Trudeau again this afternoon.
The tariffs have sparked concerns about a potential trade war, with financial markets reacting negatively. AP News reports that Trump has also threatened additional tariffs on the European Union. The situation remains fluid as negotiations continue.
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