“In addition, Canada is making new commitments to appoint a Fentanyl Czar, we will list cartels as terrorists, ensure 24/7 eyes on the border, launch a Canada-US Joint Strike Force to combat organised crime, fentanyl and money laundering. I have also signed a new intelligence directive on organised crime and fentanyl and we will be backing it with $200 million,” Trudeau added.
The National Council of Textile Organizations (NCTO) and the US Chamber of Commerce have applauded President Trump’s pause on penalty tariffs on Mexico and Canada.
“We are grateful that President Trump has reached an agreement with both Mexico and Canada to pause the planned 25 per cent penalty tariffs on their imports for one month while all parties continue to negotiate a deal to address his administration’s serious concerns. We fully support the President’s efforts to resolve issues related to migration and fentanyl poisoning as quickly as possible so that we can ensure a normalised trading relationship with Mexico and Canada,” NCTO President and CEO Kim Glas said in a statement.
John Murphy, Senior Vice President and Head of International at the U.S. Chamber of Commerce, said “It is good news that the US has avoided an imminent trade war with Canada and Mexico, our two most important trading partners, and that the American people are spared the immediate economic harm that tariffs would inflict. The Chamber and our members will be fully engaged to ensure this 30-day pause becomes a permanent lifting of the threat of tariffs and a trade war. We will continue to work with the administration and Congress on solutions to secure our border, stop the flow of illicit drugs into America, and to support a growing economy and reduced inflation for all Americans.”
Fibre2Fashion News Desk (RKS)