Trudeau and Trump hold productive talks on trade and tariffs in Florida

Canadian Prime Minister Justin Trudeau met with U.S. President-elect Donald Trump in Florida on November 29, 2024. Trudeau described the conversation as "excellent," focusing on trade, border issues, and energy. Trump plans to impose 25% tariffs on Canadian and Mexican imports starting in January. He aims to address illegal drug trafficking and immigration through these tariffs. Concerns about a potential trade war have increased, with Mexico's Claudia Sheinbaum warning of possible retaliation. Economists predict that the tariffs could raise costs for U.S. consumers.