Canada and Trump's Trade Tensions
Canada and Trump's Trade Tensions
The trade tensions between the United States and Canada have been at an all-time high as President Trump has been threatening to impose tariffs on Canadian goods. However, in a recent development, the president has extended the trade deadline to August 1, giving both countries more time to negotiate a deal. This decision comes after the president sent a letter to Prime Minister Justin Trudeau, stating that he is willing to pause any new tariff threats for the time being. This move is seen as a positive step in de-escalating the ongoing trade dispute between the two countries.
The Impact on Businesses
This pause in new tariff threats brings some relief to businesses that have been affected by the uncertainty in trade policies. Many businesses in the US and Canada rely on the free flow of goods between the two countries, and any disruptions could have a significant impact on their operations. The extension of the trade deadline gives
