Tag: Retaliatory Tariffs
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Brazil activates its Economic Reciprocity Law for the first time, opening a formal Camex procedure that could lead to countermeasures against 25 percent US tariffs even as Brasilia insists the door to negotiation remains open. BRASILIA, August 16, 2026 Brazil set in motion the most consequential trade defense mechanism in its modern history on Thursday,…
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The United States trade representative says Canada must scrap its retaliatory measures, starting with provincial bans on American alcohol, to avoid new 50 percent tariffs, while sources say Washington is offering no meaningful relief on softwood lumber WASHINGTON, August 16, 2026 The price of peace, as Washington defines it, came into sharp focus this weekend.…
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Washington’s settlement offer excludes softwood lumber relief and demands the immediate return of American alcohol to provincial shelves, sources say, leaving the two sides far apart days before new tariffs bite By Peacock Tariff Consulting Trade Desk | OTTAWA, August 15, 2026 The shape of a possible Canada-United States trade deal came into focus Friday,…
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Quebec convened emergency sector meetings, Ontario refused to restock American whisky, and federal ministers briefed their provincial counterparts as a 50 per cent tariff deadline exposed the seams in Canada’s negotiating coalition. MONTREAL, Aug. 14, 2026 Quebec Premier Christine Fréchette spent Thursday in a Montreal boardroom with the province’s leading economic stakeholders, working through a…
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Carney rules out energy export curbs as a retaliation tool, narrowing Ottawa’s counter-tariff options with three weeks left before Washington’s 50 per cent Section 338 duties hit roughly $20 billion in Canadian goods RED DEER, Alta., July 30, 2026 – Prime Minister Mark Carney has taken Canada’s single largest source of economic leverage over the…
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Washington finalizes sweeping Section 301 duties on roughly 3,000 Brazilian products as Brasilia shelves immediate retaliation, promises a WTO challenge and readies a domestic support package WASHINGTON, July 18, 2026. The United States this week finalized a 25 percent tariff on a broad range of Brazilian goods, capping a yearlong Section 301 investigation and opening…
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Brasília activates its Economic Reciprocity Law and prepares a fresh WTO challenge after Washington confirms 25 percent Section 301 duties on most Brazilian goods from July 22. BRASILIA, July 16, 2026: Brazil answered Washington’s newly confirmed 25 percent tariff on most of its exports with a two-track counteroffensive on Thursday, formally opening the procedures to…