Tag #Us-Canada Trade

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bbc.com

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Jan 16, 04:09

Canada Weighs Energy Restrictions as Response to Potential US Tariffs

Days before potential 25% US tariffs on Canadian goods could take effect, Canadian Prime Minister Trudeau stated that "nothing is off the table" in terms of response, including potential energy export restrictions, despite internal disagreements within Canada about this strategy. Roughly 75% of Cana...

Canada Weighs Energy Restrictions as Response to Potential US Tariffs

Days before potential 25% US tariffs on Canadian goods could take effect, Canadian Prime Minister Trudeau stated that "nothing is off the table" in terms of response, including potential energy export restrictions, despite internal disagreements within Canada about this strategy. Roughly 75% of Cana...

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How does the internal disagreement within Canada regarding energy export restrictions affect its negotiating strategy with the US?

The potential 25% US tariffs on Canadian goods, primarily driven by Trump's desire to curb illegal immigration and drug smuggling, risk escalating into a trade war. Canada's response involves exploring counter-tariffs or energy export restrictions, highlighting a potential disruption of energy supplies to the US. This situation underscores the interdependence of the two economies and the significant economic stakes involved.

dw.com

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Jan 11, 01:07

Trump Threatens 25% Tariffs on Canadian Imports

President-elect Donald Trump threatens 25% tariffs on all Canadian imports, citing trade imbalances and alleged USMCA violations, despite the extensive and integrated US-Canada trade relationship, potentially causing significant economic disruption to both nations.

Trump Threatens 25% Tariffs on Canadian Imports

President-elect Donald Trump threatens 25% tariffs on all Canadian imports, citing trade imbalances and alleged USMCA violations, despite the extensive and integrated US-Canada trade relationship, potentially causing significant economic disruption to both nations.

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What are the immediate economic consequences of President-elect Trump's threatened 25% tariffs on Canadian imports?

President-elect Donald Trump threatens to impose 25% tariffs on all Canadian imports, escalating tensions despite the USMCA trade agreement. This action could significantly harm both countries' economies, impacting sectors like automotive and oil.

us.cnn.com

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Dec 13, 16:12

Canada Threatens Electricity Curtailment to Counter US Tariffs

Ontario's Premier Doug Ford threatened to cut off electricity exports to the US in response to President-elect Donald Trump's threatened tariffs, potentially affecting Michigan, New York, and Wisconsin, although experts believe the US has enough resources to absorb the loss and that the Canadian oil...

Canada Threatens Electricity Curtailment to Counter US Tariffs

Ontario's Premier Doug Ford threatened to cut off electricity exports to the US in response to President-elect Donald Trump's threatened tariffs, potentially affecting Michigan, New York, and Wisconsin, although experts believe the US has enough resources to absorb the loss and that the Canadian oil...

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Affordable and Clean Energy

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What alternative retaliatory measures could Canada employ, and how likely are they to be implemented?

Canada's retaliatory options extend beyond electricity; oil exports are a far more impactful lever. While the US has increased domestic oil production, impacting Midwest and Great Lakes refineries that rely heavily on Canadian imports could cause temporary fuel shortages and price increases. However, Alberta's premier has explicitly ruled out cutting oil exports, indicating a less aggressive stance than Ontario's.

theglobeandmail.com

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Jan 14, 16:12

Potential 55% Tariff on Canadian Lumber to Hike U.S. Prices

Canadian sawmills face potential U.S. tariffs adding 25 percent to the existing 14.4 percent duty on softwood lumber, prompting price increases for American customers; this follows a long-standing trade dispute, with the U.S. alleging unfair Canadian government subsidies.

Potential 55% Tariff on Canadian Lumber to Hike U.S. Prices

Canadian sawmills face potential U.S. tariffs adding 25 percent to the existing 14.4 percent duty on softwood lumber, prompting price increases for American customers; this follows a long-standing trade dispute, with the U.S. alleging unfair Canadian government subsidies.

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How does the history of the softwood lumber dispute between Canada and the U.S. contribute to the current situation?

The looming tariff increase stems from a long-standing softwood lumber dispute between Canada and the U.S., marked by countervailing and anti-dumping duties levied by the U.S. on Canadian lumber since 2017. Despite increased U.S. production and alternative suppliers, Canada remains the largest foreign supplier of softwood lumber to the U.S., highlighting the economic interdependence. These increased costs will likely impact the housing market and various construction projects across the U.S.

arabic.cnn.com

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Jan 11, 07:06

Canada Prepares Retaliatory Tariffs Against Potential US Import Tax

Canada is preparing retaliatory tariffs on US goods, including ceramics, steel, and energy products, if President Trump imposes a 25% import tax on Canadian goods, potentially escalating into a trade war affecting global consumer prices.

Canada Prepares Retaliatory Tariffs Against Potential US Import Tax

Canada is preparing retaliatory tariffs on US goods, including ceramics, steel, and energy products, if President Trump imposes a 25% import tax on Canadian goods, potentially escalating into a trade war affecting global consumer prices.

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Reduced Inequality

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What are the underlying causes of the trade tension between the US and Canada, and how might these affect the broader North American economy?

The potential trade war stems from President Trump's threat to impose a 25% tariff on Canadian goods unless Canada addresses his concerns about illegal drug flows. Canada's response involves a comprehensive list of US products, including ceramics, steel, furniture, and energy products, demonstrating a significant economic countermeasure.

Showing 85 to 89 of 89 results