Canada, Trump
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Proposed 10% tariff on Canada appears to exclude goods compliant with the USMCA and follows U.S. probe into forced-labour imports
Canadian Prime Minister Mark Carney said vehicles assembled in Canada already meet the proposed threshold on average.
OTTAWA--Canada has formally asked the U.S. and Mexico that the present North American trade treaty be renewed for another 16 years, while pursuing talks on relief from hefty U.S. tariffs on steel, automobiles and aluminum.
Trump administration officials said they planned to impose levies of up to 12.5 percent on countries that failed to crack down on goods made with forced labor.
Ottawa, June 4 -- Canada will extend key tariff measures on steel and aluminium imports for another year, as the government seeks to protect domestic producers and workers from global trade distortions and excess manufacturing capacity.
President Donald Trump pledged to restore his tariff regime after setbacks in the Supreme Court and other legal challenges. Now, he’s doing it — but not in the blustery, fly-by-the-seat-of-his-pants,
The Canadian government announced on Wednesday its intention to extend key steel and aluminum tariff measures for an additional year to shield domestic industries from global trade distortions. The policy extension aims to counter non-market practices and prevent trade diversion from undermining local producers and workers.
1don MSN
Newly proposed US tariffs will have limited impact on Canada's economic outlook, economists say
The United States is proposing a new 10-per-cent tariff on Canada and other trading partners in an attempt to rebuild a tariff regime that was struck down by the U.S. Supreme Court earlier this year,