Following the announcement of 25% tariffs on imports from Canada and Mexico, both countries negotiated with President Trump to delay the implementation by 30 days. Mexico committed to deploying 10,000 National Guard members to secure the U.S.-Mexico border and forming security-focused groups with U.S. officials. Canada will continue its border cooperation plan with significant investment and personnel while introducing measures to combat fentanyl. Meanwhile, tensions with China rise as retaliatory tariffs are announced without an agreement being reached.
I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan - reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly... - Justin Trudeau (@JustinTrudeau) February 3, 2025
The formation of two groups with U.S. officials - one focused on security and one focused on trade.
China announced retaliatory tariffs on U.S. goods - 15% tariff on coal and liquefied natural gas products, as well as a 10% tariff on crude oil, agricultural machinery and large-engine cars.
No deal has been struck with China as of Tuesday morning, as a 10% tariff on all imports from China takes effect.
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