Canadian Prime Minister Justin Trudeau is set to announce his decision to step down as leader of the Liberal Party on Monday while remaining as prime minister until a new leader is selected, according to a source close to the PM speaking to CNN.
The announcement is expected during a news conference scheduled for 10:45 a.m. ET on Monday.
Trudeau, who has led the Liberal Party for 11 years and served as prime minister for nine, faces mounting challenges, including trade tensions with former U.S. President Donald Trump, the resignation of key political allies, and declining public approval ratings. His decision to resign is likely to be seen as a strategic move to exit on his terms ahead of an anticipated general election later this year, where his chances of winning were increasingly uncertain.
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