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Trump spoke with Canadian prime minister Justin Trudeau by telephone for round 50 minutes on Wednesday and talks are persevering with between representatives, in line with the Globe and Mail.
However Leavitt mentioned on Wednesday that Trump “feels very strongly it could be very helpful for the Canadian individuals to be the 51st state of the US,” a comment unlikely to go down properly with Canadian negotiators.
Trudeau mentioned after Trump moved forward with tariffs yesterday that the president needed to destroy the Canadian economic system to additional his oft-repeated purpose of annexing Canada.
The president took to Reality Social on Wednesday to mock Trudeau, doubling down on his controversial declare that Canada shouldn’t be doing sufficient to stem the stream 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 warfare sparked market turmoil. RBC and BMO predict deeper Financial institution of Canada fee cuts, with the benchmark fee probably 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 power yesterday, sparking a wave of deliberate countermeasures from Ottawa.
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