Business groups, economists and even some Republicans cautioned that new tariffs on goods from Canada, Mexico and China could undercut U.S. industry and the economy.
Category: Trudeau, Justin
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Trade War Heats Up After Trump Orders Tariffs and Canada Retaliates
Amid warnings of price increases, Canada moved quickly to retaliate, China said it had planned countermeasures, and Mexico said it would soon unveil its response.
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Here’s What to Know About Trump’s Tariffs
More than a third of the goods and services imported to or bought from the United States are linked to Canada, Mexico and China. Tariffs could lead to higher prices for consumers.
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Trump’s Tariff Threat Stokes Anxiety in Canada’s Auto-Industry Hub
The president-elect’s vow to impose 25 percent duties on Canadian imports could ravage Canada’s auto industry and decimate Windsor, a city deeply tied to the U.S.
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For Canada, Trade Tumult From Trump’s Return Has Begun
While the president-elect says he will impose a 25 percent tariff on everything Canada exports, Trudeau remains confident about forestalling that outcome.
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Trump’s Tariff Threat Pits Canada Against Mexico
The president-elect’s opening salvo in trade and border talks with the United States’ neighbors is casting a harsh light on the North American alliance.
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Trump’s Tariff Threat Roils Global Markets
The dollar gained and investors sold off stocks after the president-elect promised to levy new restrictions on the United States’ biggest trade partners.
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The Big Number: 100 Percent
The Canadian government will impose a new tariff on electric vehicles made in China, further escalating trade tensions between Western countries and China.
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Canada Will Impose 100% Tariffs on Chinese Electric Vehicles
The new tariffs announced by Prime Minister Justin Trudeau will match levies imposed by President Biden and could further strain relations between Canada and China.
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Canada’s Freight Railroads Halt Operations Amid Labor Dispute
The shutdown could disrupt trade with the United States and other countries, as well as causing serious economic consequences within Canada.
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Canada Lands Volkswagen Battery Plant With Billions in Subsidies
Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.