Ottawa Moves to Protect Canadian Economy as U.S. Tariff Dispute Escalates Canada has announced a C$7.5 billion package of new and enhanced measures to support businesses and workers affected by escalating trade tensions with the United States. Industry Minister Mélanie Joly said the measures are designed to provide businesses with faster and more flexible access […]
U.S. Vice President JD Vance has sharply criticized Canada’s trade policies, accusing Ottawa of imposing unfair barriers on American goods and calling for a more balanced trading relationship as tensions between the two countries intensify. Speaking in Maine on Monday, Vance said Canada and China have among the world’s most problematic trade policies. He specifically […]
U.S. President Donald Trump has temporarily paused the implementation of new 50% tariffs on selected Canadian imports, giving Washington and Ottawa three additional days to finalize a preliminary trade agreement and avoid another escalation in bilateral trade tensions. The tariffs, which were scheduled to take effect on Wednesday, would have affected about $20 billion worth […]
The administration of U.S. President Donald Trump has formally declined to extend the United States-Mexico-Canada Agreement (USMCA) in its current form, triggering a new phase of annual reviews and opening the possibility that the landmark North American trade pact could expire in 2036 if significant revisions are not agreed upon. The decision marks a dramatic […]
The Mexican government has announced that it will raise tariffs on cars imported from China to 50%, as part of a sweeping trade measure intended to protect local industries and respond to concerns raised by the United States. The Economy Ministry said the tariff increases which also affect steel, textiles, and electronics will apply to […]