Tag: Canada-US Trade
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President Trump pledges to raise tariffs on Canadian cars, trucks, auto parts, and steel to 50 percent on January 1, an escalation that American automakers, steel consumers, and editorial boards warn will land hardest on the United States itself WASHINGTON, August 25, 2026. President Donald Trump on Monday pledged to raise United States tariffs on…
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Four federal ministers unveil the September 8 counter-tariff schedule and a support package of loans and benefits, as provinces threaten energy and mineral leverage and small business groups question whether relief reaches the firms that need it OTTAWA, August 25, 2026 Four members of Prime Minister Mark Carney’s cabinet appeared together in Ottawa on Tuesday…
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Trump doubles the tariff on Canadian vehicles, parts and trucks to 50 per cent effective January 1, 2027, extending the rate to steel and setting up a decisive year for a sector that employs roughly one in ten Ontario manufacturing workers WINDSOR, Ontario, August 25, 2026 President Donald Trump announced on Monday that the United…
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Canada readies $20 billion in dollar-for-dollar counter-tariffs on US steel, dairy and farm equipment for September 8, leaving the North American trade pact and US exporters exposed WASHINGTON, Aug. 24, 2026 By the US Trade Desk, Peacock Tariff Consulting American exporters woke up Monday to a countdown clock. Canada will impose roughly $20 billion in…
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A four million tonne steel quota at 25 per cent, aluminum halved, autos cut to 15 per cent and lumber left dangling. Inside the metals and vehicles package Ottawa had all but signed, and the reasons Canadian industry told the Prime Minister to walk away from it. TORONTO, AUGUST 24, 2026 For about 72 hours…
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Washington switches on 50 per cent Section 338 duties on roughly US$20 billion of Canadian goods after three days of talks collapse. Ottawa promises a matching strike on September 8, and for the first time in the CUSMA era a valid certificate of origin buys an importer nothing. OTTAWA, AUGUST 24, 2026 The United States…
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Ottawa will match Washington’s new duties dollar for dollar from September 8, targeting American steel, dairy, appliances, farm equipment, pulp and paper and electronics. Canadian importers have roughly two weeks to prepare. OTTAWA, August 23, 2026 – Prime Minister Mark Carney has given Canadian industry a date and a target list. Beginning September 8, the…
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Roughly 90,000 jobs, two to three tenths of a point off growth, and an average tariff that jumped almost two points overnight. What the numbers say about the August rupture, why British Columbia and Ontario absorb the worst of it, and what a Canadian exporter should do in the next 30 days. OTTAWA, AUGUST 24,…
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Carney has asked premiers to return American alcohol to liquor store shelves and stop excluding the United States from procurement, dismantling the retaliation that Washington converted into a legal finding of discrimination CHARLOTTETOWN, August 20, 2026 Prime Minister Mark Carney used a virtual first ministers meeting on Wednesday to ask every province and territory to…
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Negotiators have sketched a tentative arrangement cutting Section 232 steel and aluminium duties to 25 per cent and auto tariffs to 15 per cent, but derivative products, exclusions and aluminium traceability remain unresolved WASHINGTON, August 20, 2026 The most commercially significant element of the emerging Canada-United States trade arrangement is not the 50 per cent…