Tag #Us-Canada Trade

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theglobeandmail.com

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Mar 12, 16:13

Trump's Partial Tariffs on Canadian Steel and Aluminum Take Effect

Some of Donald Trump's threatened tariffs on Canadian aluminum and steel took effect today, causing job losses at Algoma Steel, while Ontario Premier Doug Ford's retaliatory electricity levy was quickly rescinded following negotiations with the U.S. Secretary of Commerce.

Trump's Partial Tariffs on Canadian Steel and Aluminum Take Effect

Some of Donald Trump's threatened tariffs on Canadian aluminum and steel took effect today, causing job losses at Algoma Steel, while Ontario Premier Doug Ford's retaliatory electricity levy was quickly rescinded following negotiations with the U.S. Secretary of Commerce.

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What were the immediate consequences of Donald Trump's threatened tariffs on Canadian steel and aluminum?

Donald Trump's threatened tariffs on Canadian aluminum and steel partially took effect today, with Algoma Steel already laying off 20 employees as a result. The Ontario Premier Doug Ford initially imposed a 25% levy on electricity exports to the U.S., but quickly rescinded it following a phone call with U.S. Secretary of Commerce Howard Lutnick.

us.cnn.com

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Mar 12, 04:10

Ford's High-Stakes Trade War with Trump

Ontario Premier Doug Ford, leveraging his prominent US media appearances, directly confronts Donald Trump's protectionist trade policies, citing the substantial economic interdependence between Ontario and the US, and threatening retaliatory measures to protect Canadian interests.

Ford's High-Stakes Trade War with Trump

Ontario Premier Doug Ford, leveraging his prominent US media appearances, directly confronts Donald Trump's protectionist trade policies, citing the substantial economic interdependence between Ontario and the US, and threatening retaliatory measures to protect Canadian interests.

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How has Doug Ford's political background and style influenced his response to Trump's trade policies?

Ford's approach, while initially perceived as mirroring Trump's brash style, has evolved into bipartisan cooperation, enhancing his popularity. His strong stance against tariffs highlights the deep economic integration between Ontario and the US, making trade disputes highly consequential for both.

welt.de

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Mar 12, 01:11

Ontario Averts Trade War with U.S. by Suspending Electricity Surcharge

Ontario suspended a 25% electricity export surcharge to the U.S. after President Trump threatened additional tariffs on Canadian steel and aluminum, escalating a trade dispute; a meeting between officials is planned for March 13th to discuss the USMCA.

Ontario Averts Trade War with U.S. by Suspending Electricity Surcharge

Ontario suspended a 25% electricity export surcharge to the U.S. after President Trump threatened additional tariffs on Canadian steel and aluminum, escalating a trade dispute; a meeting between officials is planned for March 13th to discuss the USMCA.

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Reduced Inequality

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What immediate impact did Ontario's decision to suspend electricity surcharges have on the trade conflict with the U.S.?

Ontario has suspended a 25% surcharge on electricity exports to Michigan, New York, and Minnesota, following a trade dispute with the U.S. The U.S. had threatened retaliatory tariffs on Canadian steel and aluminum imports. This de-escalation avoids the imposition of an additional 25% tariff on top of existing 25% tariffs, preventing a total 50% tariff.

edition.cnn.com

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Mar 10, 10:10

Canada's New Prime Minister: A Banker's Approach to Trade and Climate

Mark Carney, a former governor of the Bank of Canada and the Bank of England, was elected leader of Canada's Liberal Party on Sunday, setting the stage for his upcoming premiership. His extensive experience in navigating global financial crises and his advocacy for climate action are central to his ...

Canada's New Prime Minister: A Banker's Approach to Trade and Climate

Mark Carney, a former governor of the Bank of Canada and the Bank of England, was elected leader of Canada's Liberal Party on Sunday, setting the stage for his upcoming premiership. His extensive experience in navigating global financial crises and his advocacy for climate action are central to his ...

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What are the potential implications of Carney's climate change advocacy for Canada's economic policy and international relations?

Carney's financial expertise is directly relevant to Canada's current economic challenges, particularly the escalating trade war with the U.S. His past successes in managing economic crises, coupled with his outspoken criticism of the Trump administration's tariffs, suggest a proactive approach to trade disputes.

nbcnews.com

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Mar 8, 07:07

Trump's Tariffs Spark Canadian Backlash

President Trump's 25% tariffs on most Canadian imports, coupled with threats to impose further tariffs on lumber and dairy, have prompted widespread anger and retaliatory actions in Canada, including boycotts of American goods, government aid packages for businesses, and threats to cut off electrici...

Trump's Tariffs Spark Canadian Backlash

President Trump's 25% tariffs on most Canadian imports, coupled with threats to impose further tariffs on lumber and dairy, have prompted widespread anger and retaliatory actions in Canada, including boycotts of American goods, government aid packages for businesses, and threats to cut off electrici...

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What are the immediate economic and political consequences of President Trump's tariffs on Canadian goods?

President Trump's 25% tariffs on Canadian goods have sparked outrage and retaliatory measures. Canadians are boycotting American products, promoting "Buy Canadian" initiatives, and government programs are providing $5 billion in aid to businesses to navigate the trade dispute. This has led to increased national unity and a shift in consumer behavior.

cnn.com

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Mar 6, 16:10

Trump Tariffs Cripple Canadian Steel Fabricator

President Trump's 25% tariff on Canadian goods has devastated AI Industries, a Canadian steel fabricator, jeopardizing 100 jobs and prompting retaliatory tariffs from Canada, impacting both economies and consumer costs.

Trump Tariffs Cripple Canadian Steel Fabricator

President Trump's 25% tariff on Canadian goods has devastated AI Industries, a Canadian steel fabricator, jeopardizing 100 jobs and prompting retaliatory tariffs from Canada, impacting both economies and consumer costs.

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How are retaliatory tariffs imposed by Canada impacting American businesses and consumers?

The trade war between the US and Canada, triggered by Trump's tariffs, exemplifies the interconnectedness of North American economies. The ripple effect includes job losses in Canada, increased prices for consumers in both countries, and a shift in purchasing patterns towards non-US alternatives. This demonstrates how protectionist policies can harm both the imposing country and its trading partners.

theglobeandmail.com

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Mar 12, 04:10

Canada Rejects Partial Tariff Exemptions, Demands Full Trade Agreement Restoration

Canadian Energy Minister Jonathan Wilkinson opposes partial tariff exemptions from the U.S., demanding a return to the original trade agreement due to significant economic damage caused by President Trump's threatened tariffs, resulting in retaliatory measures and potential trade diversification by ...

Canada Rejects Partial Tariff Exemptions, Demands Full Trade Agreement Restoration

Canadian Energy Minister Jonathan Wilkinson opposes partial tariff exemptions from the U.S., demanding a return to the original trade agreement due to significant economic damage caused by President Trump's threatened tariffs, resulting in retaliatory measures and potential trade diversification by ...

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What retaliatory measures has Canada taken in response to the threatened U.S. tariffs, and what is their potential impact on the U.S. economy?

The dispute centers on President Trump's threatened tariffs on various Canadian industries. Wilkinson points to a US\$4 trillion loss in stock market value and rising inflation as consequences. Canada has retaliated with countertariffs on US$30 billion worth of goods, impacting sectors like Florida orange juice and Kentucky bourbon.

dw.com

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Mar 12, 01:11

Trump Imposes 50% Tariff on Canadian Steel and Aluminum

President Trump imposed a 50 percent tariff on Canadian steel and aluminum on March 11th, retaliating against Ontario's 25 percent electricity surcharge to US northern states, impacting 1.5 million homes and businesses, costing them $400,000 daily and threatening further tariffs on automobiles.

Trump Imposes 50% Tariff on Canadian Steel and Aluminum

President Trump imposed a 50 percent tariff on Canadian steel and aluminum on March 11th, retaliating against Ontario's 25 percent electricity surcharge to US northern states, impacting 1.5 million homes and businesses, costing them $400,000 daily and threatening further tariffs on automobiles.

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How did Ontario's electricity surcharge trigger President Trump's tariff increase, and what are the underlying factors driving this trade dispute?

Trump's action is a direct response to Ontario's electricity surcharge, framing it as an "anti-American" move. He demands the immediate repeal of Canadian dairy tariffs, which he claims range from 250 to 390 percent, and threatens further tariffs on Canadian automobiles.

theglobeandmail.com

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Mar 10, 07:10

Carney Elected: Confronting Trump's Trade War

Mark Carney, elected as Canada's new Liberal Party leader, faces an immediate challenge: navigating escalating trade tensions with the U.S. as Donald Trump threatens 25% tariffs on Canadian steel, aluminum, and other imports. Carney plans to confront Trump directly, retaliate with counter-tariffs, a...

Carney Elected: Confronting Trump's Trade War

Mark Carney, elected as Canada's new Liberal Party leader, faces an immediate challenge: navigating escalating trade tensions with the U.S. as Donald Trump threatens 25% tariffs on Canadian steel, aluminum, and other imports. Carney plans to confront Trump directly, retaliate with counter-tariffs, a...

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How does Carney's plan to diversify trade and energy markets address the systemic risks posed by the Trump administration's trade policies?

Carney's election is a direct response to Trump's escalating trade war against Canada. His strategy involves a calm, measured approach to negotiations while simultaneously preparing retaliatory tariffs to maximize impact on the U.S. economy and minimizing domestic effects. He also plans to diversify trade partnerships beyond the U.S.

abcnews.go.com

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Mar 9, 22:10

Canadian Seafood Tariffs Threaten U.S. Oyster Market

The fluctuating 25% tariffs on Canadian seafood imports, temporarily suspended but potentially returning, threaten Philadelphia seafood retailer Fishtown Seafood's oyster supply and pricing, reflecting broader U.S. market vulnerability to trade policy.

Canadian Seafood Tariffs Threaten U.S. Oyster Market

The fluctuating 25% tariffs on Canadian seafood imports, temporarily suspended but potentially returning, threaten Philadelphia seafood retailer Fishtown Seafood's oyster supply and pricing, reflecting broader U.S. market vulnerability to trade policy.

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Responsible Consumption and Production

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What is the immediate impact of the fluctuating tariffs on U.S. seafood businesses, specifically those relying on Canadian oyster imports?

Fishtown Seafood, a Philadelphia-based seafood retailer, relies heavily on Canadian oysters (60-70% of its stock). Recent 25% tariffs, though temporarily suspended, threaten price increases and reduced oyster variety. The owner, Bryan Szeliga, absorbed initial tariff costs but anticipates future price hikes and menu adjustments.

theglobeandmail.com

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Mar 7, 22:09

Trump Threatens Tariffs on Canadian Lumber and Dairy

President Trump threatened immediate tariffs on Canadian lumber and dairy products due to long-standing trade disputes, prompting Canada to announce a $5-billion support package for businesses and workers impacted by the tariffs.

Trump Threatens Tariffs on Canadian Lumber and Dairy

President Trump threatened immediate tariffs on Canadian lumber and dairy products due to long-standing trade disputes, prompting Canada to announce a $5-billion support package for businesses and workers impacted by the tariffs.

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What are the immediate economic consequences of President Trump's threatened tariffs on Canadian lumber and dairy products?

President Trump threatened to impose tariffs on Canadian lumber and dairy products, citing longstanding trade grievances. He stated that the U.S. could impose levies immediately or wait until the beginning of the week. These actions follow previous White House announcements of reciprocal tariffs for countries hindering U.S. trade.

hu.euronews.com

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Mar 4, 13:12

Trump Criticizes Zelenskyy, Imposes Tariffs on Canada and Mexico

Donald Trump criticized Ukrainian President Volodymyr Zelenskyy for refusing to negotiate with Russia, announced $100 billion in TSMC investment, and imposed 25% tariffs on Canadian and Mexican imports to combat fentanyl trafficking and illegal immigration, escalating trade tensions.

Trump Criticizes Zelenskyy, Imposes Tariffs on Canada and Mexico

Donald Trump criticized Ukrainian President Volodymyr Zelenskyy for refusing to negotiate with Russia, announced $100 billion in TSMC investment, and imposed 25% tariffs on Canadian and Mexican imports to combat fentanyl trafficking and illegal immigration, escalating trade tensions.

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of Trump's criticism of Zelenskyy's refusal to negotiate with Russia?

Donald Trump criticized Ukrainian President Volodymyr Zelenskyy for refusing negotiations with Russia, suggesting a peace deal is achievable if Zelenskyy complies. Trump's comments follow a White House press conference announcing a $100 billion TSMC investment and come amid strained relations between the two leaders.

Showing 37 to 48 of 89 results