EU pauses for 30 days 25% tariffs to Canada in exchange for reinforcing the border

0
4


The Prime Minister of Canada, Justin Trudeau, revealed on Monday that after talking with the US president, Donald Trump, EU will suspend for 30 days the implementation of 25%tariffs, whose entry into force was scheduled for tomorrow.

In a message on social networks, Trudeau declared that Canada will appoint a “tsar” against the fentanil Joint force Canada-EU to combat organized crime, fentanyl and money laundering. ”

The Canadian leader, who described the conversation with Trump as “good” ).

“The proposed tariffs will be slow for at least 30 days while we work together,” Trudeau concluded.

The temporary suspension of tariffs occurs a few hours before the United States began the application of 10% taxes to Canadian oil and gas purchases and 25% to the rest of the imports.

Trudeau and Trump would talk again

Canada announced on Saturday that, in retaliation for tariffs, it would also apply from Tuesday 25% to 30,000 million dollars of US exports in the country.

The Canadian government had also scheduled to apply the same tariffs to another 125,000 million American imports as of February 25.

Trudeau and Trump held a conversation first hours today in which they agreed to re -talk at 15.00 local (20.00 GMT) to try to reach an agreement that suspended the tariffs.

Before the second call occurred, Trump also agreed with the president of Mexico, Claudia Sheinbaum, the suspension of the tariffs that EU was going to start applying to Mexican products as of Tuesday.

The US president decided to suspend tariffs to Mexico after the Mexican president promised to send 10,000 soldiers to the United States to combat drug trafficking and people.

With EFE information.

Follow business information and today in Forbes Mexico

Do you like to inform yourself for Google News? Follow our showcase to have the best stories


LEAVE A REPLY

Please enter your comment!
Please enter your name here