Billionaires urge Trump to rethink tariffs on Canada, Mexico

President Donald Trump has postponed imposing tariffs on Canada for at least 30 days after a discussion with Prime Minister Justin Trudeau, who has committed to enhancing border security. This temporary measure raises long-term concerns about Canada's reliance on the U.S. amid fears of authoritarianism in American politics, prompting calls for Canada to diversify its trade relationships. Economic analysts assert that the U.S. trade deficit with Canada, primarily driven by energy imports, is a complex issue, emphasizing the benefits of trade. In response to the tariffs, Canadian leaders and business executives have expressed concerns about potential retaliatory measures that could harm economic ties between the two countries. The United Steelworkers Union has also urged Trump to reconsider the tariffs, highlighting the risks to industries and workers on both sides of the border. The situation reflects broader challenges in international trade relations and the implications of U.S. policies on Canada.