The on-again-off-again trade war between Canada and the USA is off again, for the next 30 days. The new peace agreement in a nutshell: Trudeau agreed to do what he has already announced he would do at some point, while Trump agreed to give him a 30-day deadline to do it.
Trump gives Canada a 30-day pause on 25% tariff threat | Western Standard | Jen Hodgson:
February 3 - In a last-minute deal, Trump has dropped his proposed tariffs on Canadian goods, and Justin Trudeau has dropped his retaliatory tariffs on American products - for 30 days. President Donald Trump and Prime Minister Justin Trudeau apparently had a positive call this afternoon — which culminated in a one-month delay on Trump’s tariff threat. Trump has vowed to impose 25% tariffs on Canadian and Mexican goods due to weak border security....
"Monday night, ... Trudeau ... posted an announcement to social media outlining Canada’s $1.3 billion border plan.... '"Proposed tariffs will be paused for at least 30 days while we work together,' wrote Trudeau."
Read more: https://www.westernstandard.news/news/breaking-trump-gives-canada-a-30-day-pause-on-25-tariff-threat/61853
Trump tariffs on Canada ‘paused’ for 30 days after border commitments | Global News | Sean Boynton:
February 3, 2025 - "Trudeau added Canada will invest another $200 million to back 'a new intelligence directive on organized crime and fentanyl,' appoint a 'fentanyl czar,' list drug cartels as terrorist organizations, and launch a new Canada-U.S. joint strike force to combat fentanyl, organized crime and money laundering....
The deal Trudeau announced ... also includes several border security measures the federal government has already committed to, and that Canadian officials have spent weeks detailing to Trump administration officials and U.S. lawmakers in Washington.... Both Canada and Mexico agreed to deploy roughly 10,000 additional personnel to their respective borders with the U.S. as part of the deals that suspended Trump’s tariffs. Trudeau said Canada’s personnel 'are and will be' in place."
Read more: https://globalnews.ca/news/10995552/tariffs-trudeau-trump-call-canada-us/
Musk Starlink deal with Ontario government back on hours after threat to rip it up | Global News | Aaron D'Andrea & Isaac Callan:
February 3, 2025 - Ontario Progressive Conservative Party Leader Doug Ford has put his short-lived promise to cancel a $100 million contract with Elon Musk’s Starlink on ice after U.S. President Donald Trump suspended his tariff threat. In a Monday morning statement, Ford had said the Ontario government would be “ripping up” a contract signed to provide high-speed internet to northern and rural communities.... Late on Monday, however, cancelling the Starlink deal was paused....
"Ford’s team said Ontario’s retaliatory measures would also be rolled back.... American alcohol will also no longer be removed from the shelves of Ontario’s liquor stores. The Starlink contract would still be cancelled, and booze removed, if tariffs do come into effect, according to the PCs."
Read more: https://globalnews.ca/news/10995669/doug-ford-elon-musk-starlink/
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