President Joe Biden criticized President-elect Donald Trump’s plan to implement 25% tariffs on Canada and Mexico, calling it “counterproductive” and potentially damaging to important relationships. Biden made these comments during a Thanksgiving visit to a fire station in Nantucket, Massachusetts. Trump announced in a post on Truth Social that he would impose tariffs on Mexico and Canada to address issues like illegal drugs and immigration. Some economists have raised concerns that these tariffs could lead to increased costs for consumers. Additionally, Trump claimed to have had a productive conversation with Mexican President Claudia Sheinbaum, who disputed his account by stating that Mexico’s position is not to close borders but to build bridges. Canadian Prime Minister Justin Trudeau also emphasized the importance of trade with the U.S. in a post, focusing on Canadian jobs and maintaining a strong partnership with the United States. Despite Trump’s plans for tariffs, it is unclear how these actions will affect international relations and trade dynamics moving forward.
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