Jan. 18—"I don't think there's been a crisis like this since the War of 1812" If President-elect Donald J. Trump sticks to his plan, Canada could be slapped with a 25% import tax on all goods it sends to the United States come Monday.
U.S. president-elect Donald Trump's pledge to hit Canada and Mexico with 25 per cent across-the-board tariffs has sent shockwaves through America's closest neighbours — but it's likely just a first step in his plan to rattle a critical trilateral trade pact.
After nearly a decade in power, Canadian Prime Minister Justin Trudeau finally bowed to a chorus of criticism that had become too loud to ignore, announcing his resignation on Monday. Among the loudest critics was one of his most loyal and longest-serving deputies.
Imposing tariffs on Canadian exports would hurt the Canadian economy, but also the American economy, by causing a new inflationary surge and increasing costs for American companies and the
Canada’s ambassador to Washington said Monday that Canada is prepared to buy more from the United States, in response to President-elect Donald Trump’s concerns about the US-Canada trade deficit.
Trump continues to erroneously cast the U.S. trade ... % tariff free. And that tariff level is as a result of the USMCA,” Hillman said, referring to the United States-Mexico-Canada Agreement.
Former finance minister Chrystia Freeland is billing herself as the best person to lead Canada's fight against Donald Trump.
Freeland becomes one of the highest-profile candidates in the leadership contest, joining contenders including former Bank of Canada governor Mark Carney.
President-elect Trump recently remarked Canada should be the “51st state” of the United States. Along with comments about annexing Greenland and the Panama Canal, it’s not clear if he is serious or saying off-handed things for political effect.
Trump has threatened to impose tariffs on all Canadian products unless Canada curbs what he claims is a flow of migrants and drugs into the U.S.
OUTGOING Canadian Prime Minister Justin Trudeau announced Thursday the formation of a Canada-US relations council to support the federal government as it deals