Alberta Premier Danielle Smith has rejected calls to restrict or tax the province’s oil and natural gas exports to the United States, warning that using energy as a weapon in the escalating Canada-U.S. trade dispute could cause severe economic damage to Alberta and other Canadian provinces. Smith made the comments on Wednesday as tensions between […]
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. 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 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 […]
U.S. President Donald Trump has announced a 90-day extension of the tariff truce with China, pushing the deadline to November 10, in an effort to ease tensions and allow space for renewed trade negotiations between the world’s two largest economies. The move comes amid growing concern over the escalating U.S.–China trade dispute, which recently saw […]
The White House has confirmed a sweeping escalation in its trade dispute with China, raising total tariffs on Chinese imports to a staggering 145%. The move includes the implementation of a new 125% tariff on a wide array of Chinese goods from consumer electronics and solar panels to automotive parts and machinery. This latest tariff […]
Canadian Prime Minister Justin Trudeau has strongly criticized U.S. President Donald Trump’s decision to impose new tariffs on Canadian imports, calling it “a very dumb thing to do.” The comments came shortly after Trump launched a trade war against Canada and Mexico, which has sent shockwaves through North American trade relations. Trudeau, addressing the media […]
Japanese Prime Minister Shigeru Ishiba expressed cautious optimism following his first White House summit with U.S. President Donald Trump, suggesting that Japan could avoid higher tariffs despite ongoing tensions in global trade. Speaking to the media after the meeting, Ishiba emphasized that Trump recognized the significant investments Japan has made in the U.S., particularly in […]
Canada has officially entered a trade war with the United States, imposing retaliatory tariffs on a wide range of American goods. In a bold move, Prime Minister Justin Trudeau announced tariffs of 25% on U.S. products, impacting 155 billion Canadian dollars worth of goods. This decision marks a significant escalation in the ongoing trade tensions […]