Democrats grill Trump ambassador nominees for Canada, Mexico amid trade battles
The Democratic senator said he grilled candidates for Canadian and Mexican presidential candidates to the Senate's Foreign Relations Committee, which heard the administration's new trade policy on Thursday, affecting US relations with allies. Noting that her hometown state in New Hampshire has the highest percentage of Canadian-Americans than any other state in the United States, […]
Canada announces retaliatory tariffs on nearly C$30bn worth of US imports | Trump tariffs
Canada announced retaliatory tariffs on US imports worth around $30 billion after the tariffs on US tariffs and aluminum imports came into effect Wednesday. The Canadian government has said it will follow a “dollar-by-dollar” approach and will follow a 25% tariff on US import duties, including steel, computers and sports goods. Donald Trump first announced […]
Lutnick: Canada becoming US state 'best way' to merge economies
Commerce Secretary Howard Luttonick said Wednesday that Canada's becoming a US state was the “best way” to integrate the economies of both countries. “The best way to really blend Canada and the US economy, the president said, is for Canada to become our 51st state. If they want to merge it, that's how you make […]
Learning From Canada Mistakes, UK & Oz Won’t Confront Trump on Tariffs
The UK and Australia seem to be trying to avoid repeating the mistakes of President Donald Trump's fellow American allies. Canada and the European Union have been on a militant path, but have also decided to match Trump's tariffs (as they see, they decide to win a victory over America. The area around Australia, Canada, […]
Bank of Canada cuts benchmark interest rate by 25 bps, as Trump ratchets up tariffs – Yahoo Canada Finance
A new Canadian bank survey shows households and businesses hope that trade tensions with the US will lead to higher prices, lower job security, slower sales, and more cautious spending. The Canadian central bank says the investigation was conducted between January 29th and February 28th, reflecting a widespread US tariff of 25% and the threat […]
Canada hits US with 25% tariffs on $20.6B worth of steel, aluminum
Canada announced retaliation measures on Wednesday, opposing Trump administration's tariffs on steel and aluminum. New taxes worth $20.6 billion Our imports. Finance Minister Dominique LeBlanc declared that the Canadian government is responding with a “dollar dollar” approach and introduced a 25% tariff that will be effective at 12:01am on Thursday. “These tariffs target $8.8 billion […]
BREAKING: Trump slaps additional tariffs on Canada
President Donald Trump announced the new tariffs on Canada in a social media post over the targeting of U.S. ‘electricity. source
Canada announces $21B in new US tariffs as trade war heats up
O'Leary Ventures Chairman Kevin O'Leary analyzes President Donald Trump's tariff fight against Canada in “Varney & Co.” #foxbusiness #varney Canada announced an additional $21 billion tariff on the US on Wednesday after President Donald Trump's new 25% tariffs on steel and aluminum came into effect. Canada is the largest foreign supplier of steel and aluminum […]
Canada will level $20B in tariffs in response to Trump moves on steel, aluminum
Canada is expected to impose $20.7 billion in retaliatory tariffs after President Trump decided to enforce 25% tariffs on steel and aluminum, which came into effect Wednesday. Associated Press A senior Canadian government official said he spoke about the anonymity status and confirmed the move on Wednesday as he was not permitted to speak before […]
Trump administration briefing: education department to be halved as Trump walks back Canada tariffs | Trump administration
The U.S. Department of Education is planning to fire almost half of its workforce, the department announced. The 1,300-person layoffs were announced by the department on Tuesday, and described by Education Secretary Linda McMahon as “an important step in restoring the greatness of the US education system.” In a post on X, McMahon stated: [reduction […]