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President Donald Trump agreed to stop the imposition of 25% tariffs in Canada and Mexico for 30 days, withdrawing the residents of North America of the edge of a potentially harmful commercial war.
After the last minute calls with Trump, the Canadian Prime Minister, Justin Trudeau, agreed to reinforce the border of his country with the United States to tighten the migration and flow of the mortal drug fentanil.
Previously, Trump reached an agreement with Mexican president Claudia Sheinbaum. She agreed to reinforce the northern border with troops. In return, the United States would limit the flow of weapons to Mexico.
But an American rate of 10% on Chinese imports must still be valid from 00:01 EST (05:00 GMT) on Tuesday.
Trump said he planned to talk to his Chinese counterpart soon. He described the import taxes of 10% as the “opening save” and said they could become “very, very substantial” if no agreement is reached.
The progress of Monday with Canada and Mexico came when they prepared retaliation tariffs on US assets.
After two telephone calls on Monday, Trump and Trudeau published on social networks that had reached a temporary agreement to ensure the border that would avoid tariffs for at least 30 days.
Both leaders portrayed the plan as a victory.
“As president, it is my responsibility to guarantee the safety of all Americans, and I am doing exactly that. I am very satisfied with this initial result,” Trump wrote in his social network social media site.
Trudeau said that Canada was implementing a border plan of $ 1.3 billion (£ 1 billion) that included almost 10,000 first -line workers and more resources to stop the Fentanyl flow, a synthetic drug 50 times stronger than heroin, Trump has cited as an important concern.
The prime minister also said that Canada would designate a “sizes of fentanil” and launch a joint strike force with the United States to combat crime, fentanyl and money laundering.
Much of the Border Security Plan had already been announced by Canada in December.
It includes better coordination with the application of the United States Law, an increase in information exchange, limit traffic on the border and the deployment of Black Hawk drones and helicopters for surveillance.
The news occurred only a few hours after Trump stopped a separate tariff on Mexican goods in exchange for this country to send 10,000 national guard troops to its border with the United States.
President Sheinbaum gave the news about X, writing that he had had a “good conversation with great respect for our relationship and sovereignty” with his US counterpart.
Trump described his telephone conversation with the Mexican leader as “very friendly.”
In 2019, the Government of Mexico agreed to send 15,000 soldiers to its northern border to avoid tariffs of the first Trump administration.
Trump has framed tariffs as a tool to grow the economy of the United States, protect jobs and increase tax revenues.
“Tariffs for us, no one can compete with us because we are the gold pot,” he said Monday afternoon.
“But if we don’t keep winning and we remain fine, we will not be the gold pot.”
Economists, however, have warned that Tit -for-OT tariffs could increase the prices of a wide range of products, including cars, wood, steel, food and alcohol.
The articles had already been removed from some shelves, and the stock markets staggered on Monday before recovering slightly with the announcement that the tariffs had been suspended.
Andrew Furey, Prime Minister of Newfoundland and Labrador, acknowledged that the 30 days had brought some relief, but warned the Canadians who still assumed a commercial war.
He told the BBC that he hoped to use “the quiet Canadian diplomatic approach to try to solve any future rate”, but warned against greater “chaotic” actions of the president of the United States.
“We have left the Canadians feeling a little confused by this attack by our closest friend, our biggest commercial partner, our ally, family,” Furey said.
The Prime Minister of Ontario, the most populous province in Canada, which represents about 38% of the country’s GDP, welcomed the pause and said it would suspend reprisal measures plans.
Prime Minister Doug Ford wrote in X: “They are not mistaken, Canada and Ontario continue to look at the threat of tariffs.
“Either tomorrow, in a month or year within … President Trump will continue to use the threat of tariffs to obtain what he wants.”
On Sunday, Trump indicated that the European Union of 27 nations would be its next goal for tariffs, without providing more details.
The US president suggested that Great Britain, who left the EU in 2020, could save many duties.