Canadian Prime Minister Justin Trudeau traveled to Florida to meet with President-elect Donald Trump, just days after Trump threatened to impose a 25% tariff on Canadian goods. The two leaders had an excellent conversation, with Trudeau mentioning that they discussed challenges they could work on together. Trump had previously announced plans for a blanket 25% tariff on Mexico and Canada, citing issues with drugs and illegal immigration. President Joe Biden criticized Trump’s announcement, calling it counterproductive. Canada sends about 75% of its exports to the U.S., with key industries like vehicles, dairy, paper products, and building supplies at risk of being affected by the proposed tariffs. Trump has previously expressed intentions to impose tariffs on China as well, which has raised concerns among economists who believe the costs would be passed on to consumers. The meeting between Trudeau and Trump comes at a crucial time for both countries, as they seek to address trade challenges and find common ground on key issues. Ultimately, both leaders will need to work together to navigate the complexities of international trade relations and ensure the prosperity of their respective countries.
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