Trump, Canada and Tariffs
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The South China Morning Post reported on Sunday that "Beijing and Washington are expected to extend their tariff truce by another three months at trade talks in Stockholm beginning on Monday." Also on Sunday,
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Explícame on MSNTrump ever closer to imposing 35% tariffs on CanadaWith talks at a standstill, a new U.S. tariff threat raises economic tensions as Canada faces a potential 35% penalty outside key trade protections.
A three-day meeting in response to President Trump’s looming tariff threat underscored differences between the leaders of Canada’s provinces and territories.
Top American steel producers are charging more for their products due to tariffs, which economists say is a natural effect that squeezes buyers and that Canada should avoid.
For the hundreds of Canadian steelworkers who lost their jobs this year amid President Donald Trump’s trade war, talk of reaching a trade deal between Canada and the U.S. is coming too little, too late.
President Trump on Thursday threatened to impose 35% tariffs on goods from Canada starting next month, hiking import duties on one of the U.S.'s largest trading partners.
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Trump recently said he will impose a 35% tariff on Canada, the latest salvo in his on-again, off-again trade war with the U.S. ally and top trade partner.
Canada's retail sales shrank by 1.1% in May as consumers curtailed car purchases and spent less at supermarkets, convenience stores and on alcohol, data showed on Thursday.