Tag: Tariffs

  • Jet Ban Dropped

    The president tells a Kansas rally he no longer plans to bar Bombardier from the American market, and the reason he gives is the one Canadian exporters have been making for a year: the Canadian company is also an American employer MONTREAL, Oct. 21, 2026 President Donald Trump has abandoned his threat to bar Bombardier…

  • PBO Trims GDP

    Canada’s budget watchdog cuts its growth forecast, puts the five-year cost of the tariff war at 1.4 per cent of output and as many as 185,000 jobs, and warns that Ottawa will miss one of its own fiscal anchors OTTAWA, Oct. 21, 2026 Canada’s Parliamentary Budget Officer has cut her growth forecast for this year…

  • Tariff Lawsuit

    A New Jersey cheese importer asks the U.S. Court of International Trade to void the 50 per cent Section 338 duties on Canadian goods, opening the first direct legal test of a statute that had sat unused since the Depression NEW YORK, Oct. 21, 2026 A New Jersey food importer has asked a U.S. federal…

  • PBO Cuts Growth

    Canada’s budget watchdog trims its growth forecast for 2026 and 2027, puts a permanent 1.4 per cent hole in real GDP down to the tariff war, and projects a $63.3 billion deficit as counter-tariffs work their way through the economy OTTAWA, October 20, 2026. Canada’s Parliamentary Budget Officer lowered his economic growth projections for this…

  • Tariff Waiver

    Trump activated and immediately suspended the Graham Act’s 100 percent secondary tariffs and 500 percent Russia duties. The statutory deadline passed Oct. 18 with no country designated. WASHINGTON, Oct. 20, 2026 The largest tariff authority Congress has handed a president in decades took legal effect and was switched off in the same document, and as…

  • China Warns UK

    Beijing threatens “firm countermeasures” as Downing Street refuses to rule out tariffs on Chinese electric vehicles, the entry price Brussels is attaching to British participation in the EU’s Industrial Accelerator Act LONDON, 20 October 2026. China has warned the United Kingdom that it will retaliate if London follows Brussels in restricting imports of Chinese-built electric…

  • Tariff Toll

    Canada’s Parliamentary Budget Officer puts a number on the trade war, estimating that measures introduced since June alone have lifted the average United States tariff on Canadian goods from 5.3 to 7.7 per cent, and that the cumulative damage will leave real GDP 1.4 per cent smaller after five years. OTTAWA, October 20, 2026 Canada’s…

  • Russia Oil Duty

    A statutory deadline for secondary tariffs of up to 100 percent on the largest buyers of Russian energy falls this week, and with days to go Washington has produced neither the congressional justification the law requires nor a public waiver explaining why it will not act. By the US Trade Desk | Peacock Tariff Consulting…

  • Surplus Shock

    China’s nine-month trade surplus hits $938 billion after a 36.3% September export surge, and the trade-defence response is now being drafted in Brussels, New Delhi, Mexico City and Brasilia rather than in Washington BEIJING, October 14, 2026: China’s General Administration of Customs reported on October 13 that exports rose 36.3% year on year in September,…

  • Steel Job Cuts

    Stelco layoffs took effect on Sunday in defiance of an Ottawa ultimatum, turning a Hamilton idling decision into the first real test of whether Investment Canada Act commitments survive a tariff war HAMILTON, Ontario, October 12, 2026 The first wave of layoffs at Stelco’s Hamilton Works took effect on Sunday, October 11, despite a federal…