Trudeau responds to Trump’s tariff threat with urgent call on trade relations
Canadian Prime Minister Justin Trudeau quickly called President-elect Donald Trump after Trump threatened to impose a 25 percent tariff on goods from Canada and Mexico. This threat was linked to immigration issues at the U.S. border. During their conversation, Trudeau emphasized the strong economic ties between Canada and the U.S. The Canadian government later issued a statement highlighting Canada's role in U.S. energy supply and its importance to the U.S. economy. Trump's tariff announcement caused significant drops in the currencies of Canada and Mexico, while the U.S. dollar strengthened. Mexican officials have indicated they may respond with their own tariffs, but they have not yet commented on Trump's latest threats.