Honda, the tariffs
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Tariffs will be 'higher' if no deal with China, Trump says
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Canadian Prime Minister Mark Carney unveiled his new cabinet at Rideau Hall in Ottawa on Tuesday, saying that the team will have a “primary focus” on the country’s economy after a whirlwind election catalyzed by tariffs and annexation threats from the United States.
Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty.
The Canadian Press on MSN10h
Canada-U.S. talks will focus on lifting Trump tariffs: Canadian envoyAmbassador to the United States Kirsten Hillman said Monday that initial negotiations with Trump's team will focus on lifting tariffs.
This week marked an important milestone in the state of trade between the United States and Canada. Since February, the United States and Canada have entered into a series of trade measures and countermeasures,
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Canada's unemployment rate rose to 6.9% in April, the highest since November, as U.S. tariffs started to hit Canada's export-dependent economy in earnest, data showed on Friday.
“I’m not sure they’ll be totally removed,” Hoekstra said in an interview on Global TV’s The West Block Sunday when asked about the 25% tariff US President Donald Trump placed on most Canadian goods in March, citing concerns about fentanyl entering the US.
But the ducks are no longer flying off the shelves. Since President Trump launched tariff wars on countries, including Canada and China, and began insisting Canada will be the 51st state ...
The Trump administration’s tariffs on US imports and Canada’s retaliatory actions have major implications for Canadian companies and their commercial transactions. Counsel should understand the resulting contract issues and the potential use of contract clauses or other avenues that may provide relief for affected companies.
President Trump seems to think not. The industries he constantly mentions when he pushes his case, including autos, energy and lumber, beg to differ.