Washington:
US President Donald Trump said Monday that tariffs he unveiled on Canada and Mexico are moving forward as planned, addressing reporters after meeting with French counterpart Emmanuel Macron, who urged for “fair competition” in trade.
The two leaders’ talks, which were focused on the conflict in Ukraine, come as Trump has threatened allies and adversaries alike with steep tariffs, sparking a flurry of negotiations.
Shortly after taking office, Trump announced duties of up to 25 percent on Canadian and Mexican imports, citing illegal immigration and the flow of deadly fentanyl.
But he issued a last-minute halt to the levies for a month as talks continued.
The pause ends next Tuesday, and all eyes are on whether the North American neighbors can come to deals to avert their implementation — which would snarl supply chains in key sectors such as auto manufacturing.
“The tariffs are going forward on time, on schedule,” Trump told a press conference Monday.
On top of the levies, Trump reiterated that Washington is seeking “reciprocity” with other countries.
He added: “If somebody charges us, we charge them.”
Meanwhile, Macron called on Trump for “fair competition” and more reciprocal investments, noting that the American and European economies are deeply intertwined.
(Except for the headline, this story has not been edited by The Hindkesharistaff and is published from a syndicated feed.)