Trump describes his assembly with the Prime Minister of Canada to speak about tariffs as “very productive” | USA Elections | EUROtoday

The president-elect of the United States, Donald Trump, described this Saturday as “very productive” the assembly he held on Friday night time with the Prime Minister of Canada, Justin Trudeau, and by which they mentioned points associated to the border and different subjects resembling commerce, vitality and the Arctic. Trudeau flew to Florida on Friday and had dinner with Trump at his Mar-a-Lago residence, 4 days after the Republican threatened to impose 25% tariffs on Canadian and Mexican imports if each nations didn’t cease the movement of immigrants and of drug trafficking throughout their respective borders.

“We discussed many important issues that will require both countries to work together to address, such as the fentanyl and drug crisis that has decimated so many lives as a result of illegal immigration. And fair trade agreements that do not endanger American workers, as well as the enormous US trade deficit,” Trump summarized in a publish on his social community, Truth Social. “Trudeau has committed to working with us to end this terrible devastation of American families,” he added, alluding to the ravages of the dependancy disaster within the United States.

Trump’s announcement on Monday raised fears of a commerce conflict between the United States and two of its largest buying and selling companions—the primary being China, which he threatened with a ten% tax—a battle that, if it broke out, would blow up the USMCA (USMCA), the commerce settlement that the three nations negotiated in Trump’s first time period to exchange the Free Trade Agreement, signed within the late Nineteen Eighties, and which exempts trafficking from taxation of merchandise. The menace of tariffs might be the beginning sign for the renegotiation of that settlement.

Trudeau, who spoke by telephone with Trump at first of the week in a dialog that he described as “good,” is probably the most keen on avoiding a dispute on the eve of the elections to be held subsequent yr in Canada. On Wednesday, Trump additionally had a phone dialog concerning the matter with the president of Mexico, Claudia Sheinbaum.

Trudeau’s workplace didn’t instantly reply to a Reuters request for touch upon his Friday assembly with Trump. On Friday, he stated at a press convention in Canada hours earlier than flying to Florida that he was taking very significantly the potential of the United States making use of these tariffs when Trump takes workplace on January 20. “Donald Trump, when he makes statements like that, he plans to carry them out.”

In one other message on Truth Social, Trump requested the so-called BRICS nations to decide to not creating a brand new forex or supporting one other as an alternative of the US greenback. “If those countries do so they will face “100% tariffs,” Trump threatened.

The intergovernmental group of rising economies referred to as BRICS, an acronym for the 5 founding members of the membership (Brazil, Russia, India, China and South Africa), has expanded with the addition of Iran, Egypt, Ethiopia and the United Arab Emirates. “We demand that these countries commit to not creating a new BRICS currency, or supporting any other currency to replace the mighty US dollar, or they will face 100% tariffs, and say goodbye to selling into the wonderful US economy,” he wrote. Trump.