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Outcome of Trump's tariff threat on Canada by June 2024
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Resolution / Starting Odds
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Official U.S. government announcements or reputable news outlets
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Trudeau Pledges Border Security as Trump Threatens Tariffs on Canada, Mexico
Dec 2, 2024, 07:39 PM
Canadian Prime Minister Justin Trudeau has pledged to increase border security measures, including deploying helicopters, following a meeting with U.S. President-elect Donald Trump. The meeting, described as 'very productive,' comes amid escalating tensions over Trump's threats to impose significant tariffs on Canadian and Mexican goods. Reports indicate that Canada made these promises in an effort to persuade Trump to reconsider the tariff threats. The proposed tariffs have sparked concerns across industries, including shipping and logistics, which warn of potential disruptions. Trump's tariff proposals are also causing divisions between Canada and Mexico, with Mexican President Claudia Sheinbaum emphasizing the need for respect in bilateral relations.
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