Tag #Us-Canada Trade

Showing 1 to 12 of 89 results

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Canada to Lift Most Retaliatory Tariffs on US Goods

Canada will lift most retaliatory tariffs on US goods from September 1st, aiming to lower consumer prices, although a "buy Canada" movement might limit the impact; countertariffs on steel, aluminum, and autos remain.

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theglobeandmail.com
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Carney Shifts U.S. Tariff Strategy: A Calculated Risk?

Canadian Prime Minister Mark Carney's initial rapid response to U.S. tariffs has transitioned to a more deliberate strategy, prioritizing favorable terms over speed, despite missed deadlines and increased U.S. tariffs. This approach considers the economic pressures on the U.S. and the potential to d...

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theglobeandmail.com
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US Aluminum Tariffs Cripple Canadian SMEs, Prompting Urgent Call for Government Aid

The US imposed aluminum tariffs on Canadian goods, significantly impacting 1,700+ Quebec SMEs employing almost 30,000 people, prompting AluQuébec to urge the Canadian government for immediate financial aid, including subsidies and forgivable loans, due to the inability of these SMEs to redirect prod...

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dailymail.co.uk
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Canada's Palestine Recognition Threatens U.S. Trade Deal

Canada's Prime Minister announced that Canada will recognize Palestine as a state in September 2025, potentially derailing trade talks with the U.S. which has threatened to impose a 35% tariff on Canadian goods if an agreement is not reached by August 1. The decision follows similar moves by the UK.

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theglobeandmail.com
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Trump's Informal Canada Trade Talks Yield Canadian Concessions

President Trump is conducting informal trade talks with Canada, prioritizing a swift deal on autos, steel, and aluminum, unlike the formal USMCA process of his first term, resulting in significant Canadian concessions despite uncertainties about reciprocal benefits and potential future tariffs.

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theglobeandmail.com
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US Aluminum Tariffs Cost Alcoa $115 Million, Spark Investment Concerns

Alcoa Corp.'s second-quarter earnings were negatively impacted by US tariffs on Canadian aluminum imports; the company lost US$115 million, leading to investment concerns and lobbying for a Canadian carve-out; the US heavily relies on Canadian aluminum imports.

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dailymail.co.uk
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Canada Removes Most Retaliatory Tariffs on US Goods

Canada removed most retaliatory tariffs on US goods on September 1st, aiming to reset trade talks and lower prices for American consumers, following a phone call between Prime Minister Carney and President Trump, but maintaining tariffs on steel, aluminum, and autos.

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cbsnews.com
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Canada to Continue U.S. Trade Talks Despite Increased Tariffs

On Sunday, Canadian Trade Minister Dominic LeBlanc stated that Canada will continue trade negotiations with the U.S. despite President Trump's announcement of increased tariffs on Canadian goods, totaling $412 billion in 2024, citing concerns over immigration and fentanyl trafficking; Canada counter...

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theguardian.com
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Trump Increases Tariffs on Canadian Goods to 35%

President Trump signed an executive order increasing tariffs on Canadian goods imported into the United States from 25% to 35%, effective August 2nd, citing Canada's insufficient response to the fentanyl crisis as justification, despite Canada's claims of minimal fentanyl originating from within its...

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fr.euronews.com
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Trump Threatens Canada with Tariffs Over Palestinian State Recognition

US President Donald Trump threatened 35% tariffs on Canadian goods due to Canada's recognition of a Palestinian state, starting August 1, 2024, escalating trade tensions and highlighting the intersection of international relations and trade policy amidst the Gaza humanitarian crisis.

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theglobeandmail.com
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Trump Threatens Unilateral Tariffs on Canada

President Trump threatened to unilaterally impose higher tariffs on Canada by August 1st if a new trade deal isn't reached, escalating existing tariffs on steel, aluminum, and autos; Canada refuses to accept an unfavorable agreement.

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abcnews.go.com
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Trump Imposes Tariffs on Canada, Dow Jones Falls

President Trump imposed 35% tariffs on Canadian goods, effective August 1st, citing insufficient action against fentanyl and trade barriers, causing market instability and raising tensions during ongoing trade negotiations.

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Showing 1 to 12 of 89 results