President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.
Tariffs on Canada will hurt American businesses, American families, American farmers, and the overall American economy, said Mary Ng, Canada Minister of International Trade. Ng went on CNBC to speak about the proposed 25% tariffs on Canada,
Canada is reportedly weighing retaliatory tariffs if US President-elect Donald Trump follows through on his promise to impose a 25 percent levy on all Canadian goods.
Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are confident Canada can avoid the 25% tariffs President Donald Trump says he will impose on Canada and Mexico on Feb.
The Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, today concluded a 2-day visit to the states of New
Here's how notable Canadian politicians and groups are reacting to Donald Trump’s inauguration as president of the United States Monday. While Trump initially promised to impose damaging tariffs on Canada on his first day in office,
While U.S. President Donald Trump's team indicated Monday he wouldn't hit Canada with damaging tariffs on his inauguration day, Canadian politicians and business groups are warning that tariffs could still be on the horizon.
“Donald Trump is, as always, a skilled negotiator, and will do what he can to keep his negotiating partners a little bit off balance,” Trudeau said. “We’ve been here before. During President Trump’s first term in office, he announced challenges to our trading relationship that we were able to work through.”
The February date comes after Trump officials, speaking anonymously, suggested to reporters that the Republican president would only sign a memorandum telling federal agencies to study trade issues, including alleged unfair trade and currency practices by Canada,
Federal government sources have said if Trump sets the tariffs at 25%, Canada’s response would be to impose counter-tariffs worth roughly $37 billion, and possibly follow up with another $110 billion in tariffs. If the duties are lower, Canada’s tariff response would be more modest.
President Donald Trump said that he plans to enact across-the-board tariffs of as much as 25 per cent on Canada and Mexico by Feb. 1, reiterating his contention that the U.S.’s two immediate neighbours are allowing the flow of migrants and drugs into the country.
MONTEBELLO, QUE. — Prime Minister Justin Trudeau said Tuesday that “everything is on the table” in response to U.S. President Donald Trump’s renewed threat to impose 25 per cent tariffs on all Canadian goods.