President-elect Trump boasts a "productive meeting" with Canada's Prime Minister Justin Trudeau after earlier threatening tariffs on the country, China and Mexico. Why it matters: Trump earlier promised to implement tariffs immediately, triggering fears of inflation and a trade war.

Canadian Prime Minister Justin Trudeau returned home Saturday after his meeting with Donald Trump without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner.

Canadian Prime Minister Justin Trudeau is in Florida to meet with Donald Trump just days after the president-elect threatened to impose a 25% tariff on Canadian goods.