Canada’s Trudeau Arrives in Florida for Meeting With Trump

Canadian Prime Minister Justin Trudeau is gathering with President-elect Donald Trump connected Friday, according to radical acquainted with their plans, arsenic the incoming US person threatens to instrumentality caller tariffs connected neighboring countries unless they halt the travel of amerciable drugs and undocumented migrants crossed borders.

Author of the article:

Bloomberg News

Josh Wingrove and Brian Platt

Published Nov 29, 2024  •  Last updated 28 minutes ago  •  3 infinitesimal read

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(Bloomberg) — Canadian Prime Minister Justin Trudeau is gathering with President-elect Donald Trump connected Friday, according to radical acquainted with their plans, arsenic the incoming US person threatens to instrumentality caller tariffs connected neighboring countries unless they halt the travel of amerciable drugs and undocumented migrants crossed borders.

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Trudeau landed successful West Palm Beach, Florida, connected Friday evening, radical acquainted with the plans said, speaking connected information of anonymity to stock details connected the meeting.

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Trump earlier this week vowed to deed Canada and Mexico arsenic good arsenic China with further tariffs, casting the levies arsenic indispensable to unafraid US borders, a apical interest of voters successful November’s statesmanlike election. The president-elect said helium would enforce further 10% tariffs connected goods from China and 25% tariffs connected each products from Mexico and Canada if they failed to act.

Trump’s archetypal circumstantial menace to curb planetary commercialized flows since his predetermination has roiled markets. Trump’s threats, which helium made connected his Truth Social network, sent the Canadian dollar falling. That evening, Trudeau contacted the president-elect successful a telephone telephone to sermon borderline information and trade, according to a authorities authoritative with cognition of the matter.

The Canadian premier curate noted that the fig of migrants who transverse the country’s borderline into the US is minuscule compared to those who marque their mode from Mexico, said the official, who spoke connected information of anonymity. Canadian officials successful caller days person besides been speedy to importune that they are moving intimately with the US to combat the travel of fentanyl — a deadly synthetic opioid that has sparked a nationalist wellness situation successful the US. 

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The measurement of fentanyl seized astatine the Mexican borderline since the opening of 2022 is astir 1,000 times greater than what has been captured astatine the Canadian border, according to US Customs and Border Protection data. 

Earlier: Trump’s Opening Salvo connected Tariffs Revisits First-Term Playbook

Still, Trudeau is nether unit astatine location to measurement up borderline information and defence spending to assuage Trump’s concerns. Ontario’s Doug Ford, the person of Canada’s astir populous province, said aft a gathering of the premiers and premier curate that helium has been pushing Trudeau for months to amusement that Canada volition enactment to code US economical and information worries.

Trudeau volition beryllium the archetypal Group of Seven person to person a face-to-face gathering with Trump since the US election. 

“The symbolism of Trudeau going down to Palm Beach connected bended genu to accidental ‘Please don’t’ is very, precise powerful,” said Fen Hampson, prof of planetary affairs astatine Carleton University successful Ottawa.

“The stakes are enormously precocious and Trudeau has to present connected this,” Hampson said. “Otherwise, it’s going to beryllium seen by Canadians arsenic a failed mission, due to the fact that we each cognize wherefore he’s going down determination and it’s not to baste the turkey for Trump.” 

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Canada and the US person 1 of the world’s largest bilateral trading relationships, worthy much than $900 cardinal a year, and it’s the largest outer supplier of crude lipid to the US, pumping millions of barrels a time to refineries successful the midwest and elsewhere. Economists spot Mexico and Canada taking the biggest economical deed if Trump follows done connected his pledge for wide tariffs against US imports.

Trump has made tariffs a centerpiece of his economical agenda, vowing to usage them crossed the committee against some US allies and adversaries to extract concessions and unit businesses to reshore manufacturing jobs. Mainstream economists person warned that the levies endanger to rise prices for consumers, would neglect to rise the gross helium is predicting and are poised to trim oregon redirect commercialized flows.

Tariffs connected Mexico and Canada besides endanger to reignite a commercialized feud from Trump’s archetypal word successful office, erstwhile helium forced the renegotiation of the North American Free Trade Agreement. The rebranded commercialized pact, dubbed the United States-Mexico-Canada Agreement, allows for duty-free commercialized crossed a wide scope of sectors, portion changing the regulations for a assortment of industries including car manufacturing. 

—With assistance from Derek Decloet, Randy Thanthong-Knight, Thomas Seal and Laura Dhillon Kane.

(Updates with remark from planetary affairs adept successful ninth paragraph)

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