A trade war with our neighbors to the south averted for the time being, but we're far from out of the woods with Canada or China.
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00:00A trade war with our neighbors to the south, averted for the time being, but we're far
00:06from out of the woods with Canada or China.
00:09President Trump announcing on social media that his administration would delay the 25
00:13percent tariff on Mexico after President Claudia Scheinbaum agreed to send 10,000 troops to
00:19the border.
00:21Trump says the soldiers will be specifically designated to stop the flow of fentanyl and
00:25illegal migrants into our country, end quote.
00:29The 25 percent tariff with our neighbors to the north, however, not going away.
00:34President Trump expected to speak with Canadian Prime Minister Justin Trudeau before those
00:38tariffs take effect, saying Sunday they have to balance out their trade and stop the flow
00:44of illegal immigrants and fentanyl.
00:47Trudeau promised counter 25 percent tariffs on $100 billion worth of U.S. goods, while
00:53Ontario promised to pull all American alcohol from the shelves in government-run liquor
01:00stores.
01:01China, meanwhile, promising, quote, necessary countermeasures for its 10 percent tariffs,
01:07but not getting into specifics.
01:10Stay tuned.