Canada Offers Trade Concessions to Avert Trump's 50% Tariffs
Ottawa seeks a deal with the Trump administration to avoid massive export duties as a two-week deadline for threatened tariffs looms.
Read the full storyPresident Trump criticized Canada over spreading wildfire smoke, threatening to add pollution costs to existing tariffs. On July 20, he signed three proclamations imposing additional 50% tariffs on various Canadian imports in response to alleged trade discrimination against the U.S. The administration is utilizing an untested legal provision to apply these duties, reigniting a major trade clash between the two nations.
Ottawa seeks a deal with the Trump administration to avoid massive export duties as a two-week deadline for threatened tariffs looms.
Read the full storyPresident Trump utilizes the 1930 Smoot-Hawley Act to counter alleged Canadian discrimination against the U.S. auto industry despite legal uncertainty.
The White House targets dairy and plywood with new 50% tariffs while exempting energy and potash sectors.
PM Mark Carney asserts Canada will defend its interests following US threats to impose massive tariffs on key industrial sectors.
The US administration utilizes an untested legal provision to apply heavy duties on Canadian goods citing trade discrimination and environmental concerns.
President Trump signed three proclamations imposing 50% tariffs on Canadian goods, citing trade discrimination and utilizing an untested legal provision.
The U.S. President proposes adding environmental costs to existing tariffs as wildfire smoke from Canada impacts American states.