Trump spoke with Canadian prime minister Justin Trudeau by telephone for round 50 minutes on Wednesday and talks are persevering with between representatives, in response to the Globe and Mail.
However Leavitt stated on Wednesday that Trump “feels very strongly it will be very useful for the Canadian individuals to be the 51st state of the USA,” a comment unlikely to go down nicely with Canadian negotiators.
Trudeau stated after Trump moved forward with tariffs yesterday that the president wished to destroy the Canadian financial system to additional his oft-repeated purpose of annexing Canada.
The president took to Fact Social on Wednesday to mock Trudeau, doubling down on his controversial declare that Canada just isn’t doing sufficient to stem the circulation of fentanyl southwards and alleging the prime minister is utilizing the commerce disaster to remain in energy.
Canada’s five-year bond yields plunged as Trump’s tariff conflict sparked market turmoil. RBC and BMO predict deeper Financial institution of Canada fee cuts, with the benchmark fee presumably hitting 2% by July.https://t.co/sVA2QMzSyA
— Canadian Mortgage Skilled Journal (@CMPmagazine) March 5, 2025
The US launched 25% tariffs on all Canadian items getting into the nation and a ten% levy on Canadian power yesterday, sparking a wave of deliberate countermeasures from Ottawa.
