Canada, Trump
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A three-day meeting in response to President Trump’s looming tariff threat underscored differences between the leaders of Canada’s provinces and territories.
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WFFF Burlington on MSNVermont’s maple syrup industry on edge as U.S. and Canada trade deadline approachesProducers in the maple syrup industry are worried about how tariffs on Canadian equipment will affect production costs.
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.
Meanwhile, export trends are likely to be erratic: a short-term surge in shipments as firms race to beat new tariffs, followed by potential declines if trade barriers persist. Canada's strategic pivot to the Indo-Pacific, however, offers hope for exporters seeking new markets beyond the U.S.
A slew of countries will face steep levies, including a 50% tariff on imports from Brazil and a 30% tariff on the European Union.
President Donald Trump arrived in Scotland on Friday to visit both his Turnberry and Aberdeen golf properties.
The Canadian prime minister said he was still negotiating in advance of a 1 August trade deadline set by Donald Trump.
Brown-Forman, the maker of Jack Daniels, Woodford Reserve and Old Forester, is one of the leading exporters of U.S. spirits globally.