Canadian Prime Minister Justin Trudeau and United States President Donald Trump spoke for 50 minutes today, Trudeau's office announced today, CNN reported.
The conversation was "constructive" and it could happen that the two leaders speak again today, the statement added.
Two days ago, Trump imposed tariffs on imported goods from the US's three largest trading partners - Mexico, Canada and China. The tariffs for Mexico and Canada are 25 percent, except for Canadian energy, which is hit by a XNUMX percent tariff. Trudeau strongly condemned Trump's decision, and Canada imposed retaliatory tariffs. This began a tariff war between the two neighboring, until now very close countries. US stock markets reacted negatively to these developments, and US consumers were gripped by fear of rising prices.
US Commerce Secretary Howard Lutnick announced today the possibility of lifting some tariffs, as a sign of a softening of the US government's stance, and told Bloomberg that Trump is planning an announcement about this this afternoon, likely an announcement of the waiver of tariffs on the auto industry.
However, Canadian Finance Minister Dominique Le Blanc said that his country's government is not interested in anything other than the complete abolition of tariffs.
One official, who asked not to be named, indicated in a statement to the AP that Trudeau shares Le Blanc's position - that he is not ready to lift retaliatory tariffs on U.S. goods unless Trump lifts all tariffs on Canadian goods.
DON'T MISS IT
Bonus video:
