Following President Trump’s threats to increase steel and aluminum tariffs on Canada to 50%, Ontario Premier Doug Ford suggested on Tuesday that they are caving, announcing that he reached an agreement with the U.S. commerce secretary to halt the 25% tax on power imports into the U.S.
Read More Canada Drops 25% Electricity Tariff Following Trump’s Retaliation ThreatsTag: canada
Trump Imposes Additional 25% Tariff On Canadian Steel And Aluminum In Retaliation For Ontario’s Electricity Tariff
President Donald Trump announced that he has ordered an additional 25% on Canadian steel and aluminum imports Tuesday after the neighboring country charged Americans 25% more for electricity in three border states.
Read More Trump Imposes Additional 25% Tariff On Canadian Steel And Aluminum In Retaliation For Ontario’s Electricity TariffMark Carney Chosen As Liberal Leader, Set To Succeed Trudeau As Canada’s Next PM
Former Bank of Canada Governor Mark Carney will become the next Prime Minister in the U.S.’ neighboring country after winning the Liberal leadership race on Sunday night.
Read More Mark Carney Chosen As Liberal Leader, Set To Succeed Trudeau As Canada’s Next PMNasdaq falls over 3% to six-month low on growth concerns
The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
Read More Nasdaq falls over 3% to six-month low on growth concernsTrump Pauses Tariffs On Canada And Mexico, Pressures For Action On Migrants And Fentanyl
On Thursday, President Donald Trump signed executive actions that pause tariffs for one month on imports that are subject to the United States-Mexico-Canada Agreement (USMCA).
Read More Trump Pauses Tariffs On Canada And Mexico, Pressures For Action On Migrants And FentanylLeavitt Announces Exemption On Tariffs For Auto Imports From Mexico And Canada
As President Donald Trump’s 25% tariffs on Mexico and Canada are now in effect, Press Secretary Karoline Leavitt revealed that Trump has approved a one-month exemption on auto imports.
Read More Leavitt Announces Exemption On Tariffs For Auto Imports From Mexico And Canada