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Trump pauses Canada tariffs after talks with PM Trudeau
Hindustan Times West UP
|February 05, 2025
Canada will increase its spending on emergency border measures to a total of CA$1.5 billion (approximately US$1.036 billion), appoint a border czar and declare drug cartels as terror organisations, as part of a package to earn a temporary 30-day reprieve from the tariffs threatened by US President Donald Trump.
TORONTO:
The announcement in this regard was made by Canadian Prime Minister Justin Trudeau on Monday, after he had two telephonic conversations with Trump on Monday, hours before the 25% tariffs went into force. Canada had announced a CA$1.3 billion (about US$898 million) border plan to stem illegal immigration to the United States and the flow of the deadly drug fentanyl.
Those measures came into force after Trump's original threat in this regard soon after he was elected President in November.
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