HomeEnterpriseCanada PM Trudeau visits Florida to satisfy with Trump amid tariff menace...

Canada PM Trudeau visits Florida to satisfy with Trump amid tariff menace By Reuters

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WEST PALM BEACH, Florida (Reuters) -Canadian Prime Minister Justin Trudeau visited Donald Trump’s Florida resort on Friday to satisfy with the U.S. President-elect, days after Trump threatened to slap tariffs on Canadian imports over border-related considerations.

Trudeau, whose public itinerary didn’t record a scheduled go to to Florida, was seen leaving a lodge in West Palm Seashore, Florida, to go to Trump’s Mar-a-Lago resort, in response to a Reuters witness.

Trudeau’s workplace and Trump’s representatives didn’t instantly responded to requests for remark.

Trump threatened on Monday to impose a 25% tariff on imports from Canada and Mexico till the international locations clamped down on medicine, notably fentanyl, and migrants crossing their borders with the U.S.

Officers from Mexico, Canada and China, together with main trade teams, have warned that the hefty tariffs threatened by Trump would hurt the economies of all international locations concerned, trigger inflation to spike and injury job markets.

Any hit to the Canadian financial system would add to Trudeau’s woes at a time when his recognition has sunk partly because of a slowing financial system and a surge in the price of residing over the previous few years. Polls present Trudeau’s Liberals would lose to the opposition Conservative social gathering in an election that should be held by late October 2025.

Trudeau this week pledged to remain united in opposition to Trump’s tariff menace and referred to as a gathering with the premiers of all 10 Canadian provinces to debate U.S. relations.

Canada is the world’s fourth-largest oil producer and sixth-largest producer. The overwhelming majority of its 4 million barrels per day of crude exports go to the U.S.

Trump’s plan doesn’t exempt from the commerce penalties, two sources acquainted with the plan informed Reuters on Tuesday.

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