Prime Minister Justin Trudeau spoke to U.S. President Donald Trump early Monday morning about the forthcoming trade war, which has the potential to inflict economic pain on workers and businesses on both sides of the border. They are expected to speak again later today.
Trump says he will speak again to the prime minister at 3 p.m. ET
Prime Minister Justin Trudeau spoke to U.S. President Donald Trump early Monday morning about the forthcoming trade war that has the potential to inflict economic pain on workers and businesses on both sides of the border — and they are expected to speak again later today.
The Prime Minister’s Office and the White House did not immediately release a readout of what was said on the call, but in a social media post, Trump chastised Canada for not allowing U.S. banks to “open or do business there.”
A number of American banks do business in Canada with large lending and commercial and investment banking operations, among other functions, on this side of the 49th parallel.
Trump said the trade standoff is “also a DRUG WAR, and hundreds of thousands of people have died in the U.S. from drugs pouring through the Borders of Mexico and Canada.”
American government data that shows comparatively little amounts of fentanyl — the drug Trump has said he’s most concerned about — has been seized at the northern border in recent years.
Despite the apparent standoff over these issues, Trump said he will speak to Trudeau again at 3 p.m.Â
Trudeau is set to meet with the Council on Canada-U.S. Relations later today to discuss the pending trade war and the tariffs that are set to take effect Tuesday.