Canada Agrees to Immediate Talks With Trump as Tariff Pause Extends

Canadian Prime Minister Justin Trudeau has reversed his stance on the trade dispute and consented to begin negotiations "right away" for a new deal, marking a win for those advocatingconciliation. Donald Trump .

The president declared a 90-day halt on all new 'retaliatory' tariff measures , marking a significant turnaround that led to one of the largest stock market rallies in history.

He did not spare China , however, instead slapping Beijing With one more cycle of import duties.

Carney, who has maintained what his predecessors started Justin Trudeau 's hostility since assuming leadership, which Trump has mentioned before. like the potential '51st state,' commended Trump for the action.

"The temporary halt on mutual tariff increases declared by President Trump is a relief for the worldwide economy," he stated in a social media update.

The head of the Liberal Party stated that both he and Trump will start talks on establishing a fresh economic and security partnership right after the federal election.

On March 23, Carney dissolved Parliament and scheduled a sudden general election for April 28, where he is expected to emerge victorious.

He stated that although Canada intends to engage in talks with the U.S., Trump’s indication of negotiating with multiple other nations suggests that his country must also respond in kind by doing the same.

'In that context, Canada It must also keep strengthening its bonds with trading partners who align with our principles, encompassing the unrestricted flow of products, services, and concepts," he penned.

reached out to the White House for a statement.

In March, Carney delivered his inaugural address as the soon-to-be prime minister, and he didn't waste any time in targeting Trump.

Trump twice imposed uniform tariffs on Canada prior to his latest halt.

Carney stated that he would maintain the retaliatory tariffs on the United States until the Americans demonstrate respect for them.

'He's attacking Canadian families, workers, and businesses and we cannot let him succeed and we won't,' he told voters at the Liberal Party convention.

'Whether in trade or in hockey, Canada will emerge victorious.'

Ex-Prime Minister Justin Trudeau contends that Trump aims to damage Canada's economy to compel changes from them. join the United States .

It is currently a Commonwealth country, meaning it has an independent prime minister and Parliament but King Charles is its head of state.

A different theory suggests that Trump might be displeased due to the unsuccessful Trump hotel ventures in Toronto and Vancouver, and he could be looking for retaliation.

Some believe it’s his contentious relationship with Trudeau that fueled his wish to annex the country. Trump has consistently referred to the ex-PM as Governor Trudeau.

Trump also argues Canadians would benefit from lower taxes and safe boundaries as an element of the United States' strategy

"To be frank, Canada functions effectively as a single state. ... Even without its current structure, it would still stand out as an extraordinary nation," Trump stated at the Oval Office on March 13.

From a visual standpoint, if you examine a map, they created an arbitrary line slicing directly through it, separating Canada from the United States—a completely man-made border," Trump went on, seemingly alluding to a 1908 agreement that established the borderline between the two countries. "This was decided ages past, numerous decades back, and doesn’t really make much sense.

'It is perfectly wonderful as a beloved and esteemed nation.'

Trump had to retract his extensive tariff proposals due to a significant downturn in the bond market, which posed potential risks for an economic collapse.

Alongside triggering chaos in the stock exchange Trump’s extensive tariff proposals triggered a significant sell-off in U.S. government bonds, an event rivaling the magnitude observed during the peak of the COVID-19 crisis.

Experts suggest that it was this, instead of just the 'art of negotiation' This led the White House to retreat from its plans for tariffs.

On Wednesday, the President declared a 90-day halt on all new 'mutual' tariff measures , marking a significant turnaround that led to one of the largest stock market surges ever recorded.

Nevertheless, he did not hold back from targeting China, imposing additional rounds of import duties on Beijing.

The intense sell-off in the bond market reached its peak late Tuesday and continued into Wednesday.

The 10-year Treasury yield rose past 4.51 percent during the night, whereas the 30-year Treasury yield reached a peak of 5.02 percent on Tuesday evening. CNBC reported.

U.S. government bonds have historically been regarded as among the globe’s most secure investments, serving as a refuge for capital during periods of market turbulence.

However, this abrupt decline served as one of the most evident indicators that investors might be starting to doubt the security they once relied upon — highlighting the significant impact that President Trump’s tariff proposals had on the world’s largest economy.

Treasury Secretary Scott Bessent maintained that the choice to postpone the tariffs was guided by "the president's strategy" instead of the dramatic increase in bond yields.

"He and I discussed extensively on Sunday, and this has been his approach from the beginning," he informed journalists gathered outside the White House on Wednesday.

However, Trump mentioned that he was carefully monitoring the bond market as he made the decision to halt actions. "The bond market looks great at this moment," Trump stated to reporters.

'Last night, I noticed some folks starting to feel nauseous.'

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