Trump and Trudeau speak and plan to do so again before tariffs start on Tuesday

President Donald Trump announced new tariffs on Canada, Mexico, and China starting Tuesday, citing trade imbalances and drug trafficking concerns. Canada and Mexico plan retaliatory tariffs, while financial markets brace for potential disruptions. Trump criticized Canada’s trade policies and linked tariffs to immigration and fentanyl smuggling. The US imposed a 25 per cent tariff on Mexico and Canada, with an additional 10 per cent on Canadian energy and Chinese imports tied to fentanyl production.

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