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25.08.26 - 05:30
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Honey to hockey sticks: Trump′s 50% tariff net catches 550+ Canadian goods (Times of India)
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The United States has enacted a substantial 50% tariff on a wide range of Canadian goods, affecting more than 550 products, including common consumer items. In response, Canada intends to implement retaliatory measures that match the U.S. tariffs. This trade dispute continues to escalate further, with threats of additional tariffs on automotive products, indicating a growing conflict with severe economic implications for both nations....
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24.08.26 - 21:54
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Trump Vows to Double Canadian Auto Tariffs, Escalating Fight (Bloomberg)
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Bloomberg's Melissa Shin said that negotiators in both Canada and the United States understand how important the auto sector is both countries as President Trump vowed to double existing tariffs on the Canadian auto industry. Shin said that the broader tariffs stand to impact an estimated 90,000 jobs and disproportionately small businesses that may not see as much government support. (Source: Bloomberg)...
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24.08.26 - 21:01
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What to know about US-Canada trade war impacts (The Hill)
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The burgeoning trade war between the U.S. and Canada will impact a slew of products that businesses in both countries import from one another. After trade talks between Trump administration officials and their Canadian counterparts broke down late last week, President Trump's 50 percent levies on $20 billion worth of goods imported from America's northern......
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24.08.26 - 21:00
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Trump announces new 50% tariff on Canadian cars, trucks and steel (The Guardian)
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Move is latest deterioration in trade relations between two neighbors with historically strong economic tiesDonald Trump announced a new 50% tariff on automobiles and crucial raw materials from Canada, the latest deterioration in trade relations between the two neighbors with historically strong economic ties.Trump said that the increased tariffs would start 1 January 2027 on all cars, trucks, automobile parts and steel. He also derided the nation's tariffs on American farmers, writing on social media that Canada has been “ripping off” the US “for years”. Continue reading......
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24.08.26 - 20:30
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Mark Carney says Canada can′t accept US trade deal that would weaken French language (The Guardian)
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Prime minister praised for rejecting US trade proposal as Trump shows little interest in retreating from disputeAre you a Canadian boycotting US products? We'd like to hear from youMark Carney said on Monday that while American negotiators saw the French language in Canada as an “irritant … in Quebec, these are rights,” days after receiving widespread praise from political leaders for rejecting a US trade proposal that many perceived as weakening the country's Francophone culture.The prime minister's remarks came hours after the US president, Donald Trump, showed little interest in retreating from the spat, posting on social media that Canada had been “ripping off the United States of America for years” and threatening a swath of new, economically devastating tariffs on cars and trucks. Continue reading......
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