Canada’s retaliation this week against President Trump’s tariffs was met with more American tariffs and a closed U.S. border on some Canadian products.
Category: Aluminum
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Canada’s Retaliatory Tariffs Set to Take Effect as Trump Threatens to Escalate
The New York Times – On the Runway:New Canadian levies of up to 50 percent are expected to begin Tuesday, even as Washington warns of a new round of American tariffs.
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Canada Fires Back in Trade War Against Trump With Up to 50% Tariffs
The New York Times – On the Runway:Canada said the higher levies, on items from aluminum foil to dishwashers to fish, would help protect workers, producers and manufacturers harmed by new Trump tariffs.
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How U.S.-Canada Tariff Negotiations Turned Into an All-Out Trade War
The New York Times – On the Runway:Detailed accounts of the final hours of the negotiations show that, while the United States offered Canada what it said was the best deal of any country, what Canada had to give up in exchange was seen as unthinkable.
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U.S.-Canada Trade War: What to Know About Tariffs and the Negotiations
The New York Times – On the Runway:Canada suspended trade negotiations, triggering President Trump’s 50 percent tariffs on a range of Canadian goods. Mark Carney said he would retaliate “dollar for dollar.”
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What to Know About the U.S.-Mexico-Canada Agreement Talks
The New York Times – Business:July 1 could be the beginning of the end for a trade pact President Trump has long criticized — or the start of a path to its renewal.
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Ford Reports Higher Profit Thanks Partly to Tariff Refund
The New York Times – Business:Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that were later struck down by the Supreme Court.
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Trump Revamps Metal and Pharmaceutical Tariffs
The New York Times – Business:The administration announced new levies and made changes to existing tariffs for industries that have proved influential on the president’s trade policy.
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Iran War’s Latest Economic Toll: Oil at $115 a Barrel
The New York Times – Business:Economists and investors are increasingly pricing in a slowdown, or even a global recession, if the fighting drags on.