Updated story 2:00 PM
There will be no tariffs against Canada… for now.
This after Prime Minister Justin Trudeau announced that the 25 per cent tariffs that were slated to be levied against this country on Tuesday would be put on hold for another 30 days.
Trudeau stated Canada is implementing its $1.3-billion plan to strengthen the border and appointing a “fentanyl czar.”
The news comes after what’s being reported as a “good” call between U.S President Donald Trump and Trudeau on Monday afternoon.
The threat of tariffs against Canada was initially brought forward by President Trump for a rotating number of reasons; including what he claims is a deluge of fentanyl crossing the border into the United States.
Trump also backed down with his threats against Tariffs in Mexico on Monday, after the president of that country agreed to tighten up border security between the two nations.
Original Story 9:38 AM
Leaders of all political stripes are urging us to “buy Canadian”, or at least “don’t buy American,” as U-S tariffs are set to go into effect tomorrow (Tuesday).
President Donald Trump will impose 25 per cent penalties on all Canadian imports except energy.
Electricity, natural gas, and oil will only suffer a ten per cent surcharge.
The federal government plans to retaliate with immediate tariffs on 30-billion dollars worth of American imports, everything from clothing to orange juice to chicken.
Another 125-billion dollars will be subject to tariffs in three weeks, including automobiles, fruits, and vegetables.
Prime Minister Justin Trudeau is asking us to check the labels when we go shopping…..and ensure it says it’s Canadian-made.
Several provinces are also taking action.
BC Premier David Eby said the government will be pulling all liquor from Republican-governed states off the shelves.
In addition, U.S. Trump is pausing implementation of tariffs on Mexican imports for a month.
That development follows a discussion between Trump and Mexican president Claudia Sheinbaum.
She confirms it, adding that her country will fortify its border with ten-thousand national guard troops. The move is intended to block drugs, especially fentanyl, from crossing into the United States.
Trump says during the month-long pause, talks will continue towards a permanent deal.
– with files from Vista Radio newswire
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