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 mentioned on Wednesday that Trump “feels very strongly it could be very useful for the Canadian individuals to be the 51st state of the US,” a comment unlikely to go down effectively with Canadian negotiators.
Trudeau mentioned after Trump moved forward with tariffs yesterday that the president wished to destroy the Canadian economic system to additional his oft-repeated goal of annexing Canada.
The president took to Reality Social on Wednesday to mock Trudeau, doubling down on his controversial declare that Canada is just not 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 battle sparked market turmoil. RBC and BMO predict deeper Financial institution of Canada charge cuts, with the benchmark charge 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 coming into the nation and a ten% levy on Canadian vitality yesterday, sparking a wave of deliberate countermeasures from Ottawa.