Canada, Trade Deal
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MiBolsilloColombia on MSN4d
U.S. confirms threat of 35% tariff on Canada with deadline just two weeks away
The U.S. will impose a 35% tariff on Canadian goods in two weeks, citing trade imbalances and fentanyl concerns—prompting economic uncertainty on both sides.
After long insisting that Canada could avoid Trump tariffs through talks, Mark Carney now says that is unlikely for any nation.
U.S. President Donald Trump indicated that a trade deal with Canada might not be achievable, hinting at the possibility of imposing a unilateral tariff. This statement comes as Trump expressed dissatisfaction with the progress of bilateral negotiations,
Commerce Secretary Howard Lutnick reminded us of an important but little-discussed part of trade negotiations with Canada and Mexico -- "virtually 75%" of trade between the U.S. and its two neighbors is "already tariff free" because of the USMCA agreement.
Soy Aire on MSN18d
The tariff war between the US and Canada continues
The trade relationship between the United States and Canada, historically robust, faces challenges due to aggressive tariff policies. The USMCA has not fully shielded Canada from U.S. tariffs, leading to reciprocal measures and legal battles.
Multiple states bordering Canada could feel the greatest impact of a 35 percent tariff on Canadian products starting August 1.
President Sheinbaum and Canada PM Carney have agreed to strengthen Mexico-Canada trade relations in light of US tariff threats.
Bloomberg on MSN15d
Trump’s 35% tariff bulldozer on Canada tests Carney’s strategy of avoiding conflict
The letter reiterated Trump’s complaints about dairy quotas, fentanyl and the U.S. trade deficit, which is mostly fueled by American refineries’ thirst for Canadian oil. His social media post caused the Canadian dollar to immediately tumble, indicating the market wasn’t expecting this escalation.
POLITICS. Trump threatens 35% tariff for Canada amid flurry of letters threatening hikes Trump said he would set rates of U.S. tariffs through letters rather than wait for trade agreements with ...
Canadian Prime Minister Mark Carney says Canada will keep working toward a new trade framework with the despite U.S. President Trump saying he'll raise taxes on many imported goods to 35%.
Canadian Prime Minister Mark Carney says Canada will keep working toward a new trade framework with the despite U.S. President Trump saying he'll raise taxes on many imported goods to 35%.
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