Tag: Trade War
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The U.S. president used a holiday-weekend social media post to brand Canada “one of the worst abusers” on trade and urge Canadian manufacturers to relocate south, hardening positions one week before Ottawa’s dollar-for-dollar counter-tariffs take effect on September 8. OTTAWA, September 1, 2026 – Any hope that the Labour Day weekend might cool the fastest-moving…
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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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Washington prepares a 7.5 percent overcapacity tariff on Chinese goods, a move calibrated to reach, but not breach, the 20 percent cap Beijing says it was promised ahead of the September 24 Xi-Trump summit WASHINGTON, August 25, 2026. The Trump administration is preparing to impose an additional 7.5 percent tariff on Chinese goods under its…
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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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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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An 80-minute phone call between Presidents Lula and Trump revives stalled negotiations over the 25 percent Section 301 tariff and the 12.5 percent forced-labor duty squeezing Brazilian exports to the United States WASHINGTON, Aug. 23, 2026 The United States and Brazil agreed on Friday to restart negotiations over the tariffs Washington imposed on Brazilian goods…
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Carney suspends negotiations and pledges dollar-for-dollar retaliation as Washington’s 50 per cent Section 338 duties hit roughly $28 billion of Canadian exports OTTAWA, August 22, 2026 At 12:01 a.m. Eastern time on Saturday, the most consequential escalation in the Canada-United States trade conflict since early 2025 took legal effect. An additional 50 per cent ad…
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Beijing orders Chinese firms not to cooperate with Brussels over the JD.com bid for Germany’s Ceconomy, the second blocking order in four months and a direct challenge to the EU’s Foreign Subsidies Regulation BRUSSELS, 20 August 2026 China has forbidden its companies and citizens from assisting a European Union investigation into JD.com’s proposed acquisition of…
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China’s August 5 countermeasure package, spanning entity blacklistings, drone export curbs and a first-ever foreign trade national security probe into imported printers, is rippling far beyond Washington and into Asia-Pacific and European supply chains. BEIJING, August 10, 2026 China’s Ministry of Commerce unleashed a coordinated cluster of trade countermeasures on August 5, and five days…