Canadian Prime Minister Justin Trudeau traveled to Florida to meet with U.S. President Donald Trump after he threatened to impose a 25% tariff on Canadian goods. Pictures posted on social media showed Trump and Trudeau having dinner together. The two leaders had a conversation about the challenges they could work on together, although it is unclear if they discussed tariffs specifically. Trump had previously announced his intention to impose tariffs on Mexico and Canada in an effort to address issues with drugs and illegal immigration. President Joe Biden criticized Trump’s announcement, calling it counterproductive. Canada is a major supplier of goods to the U.S., with nearly 30% of trade volumes coming from Canada and Mexico. The potential tariffs could impact Canadian exports such as vehicles, dairy, paper products, and building supplies. Trump has frequently spoken about implementing tariffs, particularly on China, but some economists argue that these tariffs could ultimately harm consumers.
Photo credit
www.nbcnews.com