The United States stops the customs tariff for Canada, Mexico for 30 days after Trump talks to Justin Trudeau and Claudia Shinbom
On Monday, US President Donald Trump agreed to stop the planned definitions on Mexico and Canada for 30 days. The decision comes when the two countries took steps to address its concerns about border security and drug smuggling.
The stopping follows the days of uncertainty that sparked fears of a Trade war In North America. Such a conflict can slow economic growth, increase prices and tense major trade relations.
“I am very happy with this initial result, and the definitions announced on Saturday will be stopped for 30 days to see if a final economic deal with Canada can be organized or not. Equity for everyone!” Will be stopped on Saturday.
Canadian Prime Minister Justin Trudeau stressed that the temporary suspension of X, saying that Canada will take several measures, including the appointment of the Vintanel Caesar, the appointment of Mexican Cartets as terrorist organizations, and the launch of a joint working group with the United States to combat organized crime, fentanel, and money laundry.
Avoid trade war? Well, now
Mexico also reached a similar understanding with the United States. Temporary suspension provides time for negotiations on drug smuggling and illegal immigration. Meanwhile, the tariffs are still 10 percent on Chinese imports in place, as Trump is expected to talk to Chinese President Xi Jinping soon.
While the immediate danger to the trade war has eased, the uncertainty remains. Trump can re -display the customs tariff, and it is also preparing to announce the customs tariff for imports from the European Union.
On Saturday, Trump had directed 25 percent on goods from Mexico and Canada and a 10 percent separate team on Canadian oil, natural gas and electricity. Although he had previously referred to these procedures, they are still leaving investors, companies and legislators.
Analysts have suggested that definitions can slow economic growth, reduce income, and increase prices. However, Trump defended them as necessary to treat illegal immigration, drug smuggling, and what he deems unfair treatment for the United States
Trump and Mexican President Claudia Shinbum announced that he stopped after Trump called a “very friendly conversation.”
He added: “I look forward to participating in these negotiations, with President Shinbom, and we are trying to achieve a” deal “between the two countries.
