Tag #North American Trade

forbes.com
🌐 85% Global Worthiness
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US Tariffs on Canada and Mexico Paused, but Economic Damage Looms

A month-long pause on 25% tariffs on Canadian and Mexican goods is in effect, but their potential re-implementation in March threatens to harm vital US relationships and raise prices significantly, contrary to the current trend of nearshoring to strengthen regional ties.

Progress

60% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 90% Global Worthiness
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Trump's Tariffs on Canada Spark Retaliation

President Trump imposed 25% tariffs on Canadian and Mexican goods and 10% on Chinese goods on Saturday, prompting Canada to announce retaliatory tariffs on $107 billion USD worth of US goods; the Canadian Ambassador to the U.S. expressed disappointment and perplexity.

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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CPKC Reports Strong Q4 2024 Results, Remains Confident Amidst Tariff Threats

CPKC, a North American railway, reported strong Q4 2024 financial results, with a 3% revenue increase to $3.9 billion and a 16% annual increase to $14.5 billion, despite President Trump's tariff threats.

Progress

40% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 85% Global Worthiness
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Trump's Threats Against Canada: Economic Warfare and Political Chaos

Canadian officials denounce U.S. President-elect Donald Trump's repeated suggestion that Canada become the 51st state, viewing it as an attempt to undermine their country's economy and create chaos; Trump's threat of economic force against Canada, a crucial trading partner providing the U.S. with 60...

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52% Bias Score

Peace, Justice, and Strong Institutions
bbc.com
🌐 85% Global Worthiness
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Trudeau Meets Trump Amidst Threatened US Tariffs on Canadian Goods

Canadian Prime Minister Justin Trudeau met with Donald Trump in Florida on December 1, 2024, to discuss Trump's threatened 25% tariff on Canadian goods, a move prompted by Trump's announcement earlier this week and aiming to prevent significant economic harm to Canada and the US.

Progress

52% Bias Score

forbes.com
🌐 75% Global Worthiness
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Canada Retaliates Against US Tariffs, Removing American Alcohol

In response to President Trump's 25% tariffs on Canadian and Mexican goods, Canada's Ontario province and others will remove approximately \$965 million worth of American alcohol products from government-run stores and halt wholesale sales to businesses, impacting 3,600 U.S. products.

Progress

40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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US Tariffs on Mexico and Canada: Potential Economic Impacts

The White House announced tariffs on imports from Mexico and Canada, potentially starting February 4th, causing uncertainty about their economic effects, with the Mexican peso expected to depreciate and US consumers facing higher prices.

Progress

32% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Tariffs: Canada's Response and Potential Economic Adaptation

Facing President Trump's threatened tariffs, Canada has responded with denial, accommodation, education, and retaliation, preparing for potential economic adaptation if free trade ends; this could reverse decades of economic integration.

Progress

56% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Canadian Exporters Hedge Against US Tariff Threat

Facing potential 25% US tariffs, Canadian exporters are increasing US inventory shipments and covering tariff costs for clients, mirroring 2018 responses to steel and aluminum tariffs, while also planning longer-term strategies like increased US production and market diversification.

Progress

32% Bias Score

Decent Work and Economic Growth