Trump, Canada and tariff
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Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington imposing a minimum 10 per cent global tariff, 50 per cent levies on steel and aluminium, and 25 per cent on autos.
Alcoa Corp., the largest US aluminum producer, said tariffs on imports from Canada cost it $115 million in the second quarter, showing how US President Donald Trump’s trade agenda has affected the industry.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
After long insisting that Canada could avoid Trump tariffs through talks, Mark Carney now says that is unlikely for any nation.
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Stocktwits on MSNTrump Tariffs Likely Unavoidable For Canada, Says Prime Minister Mark CarneyCanadian Prime Minister Mark Carney reportedly said on Tuesday that it may not be possible for Canada to avoid U.S. tariffs. “There is not a lot of evidence right, with regards to negotiations, of any country or jurisdiction,
As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and businesses in limbo.
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Daily Voice on MSNProduce Aisle Staple Faces Steep Price Hike Under Trump's Latest TariffThe move comes as the Commerce Department officially withdrew from a longtime trade agreement governing imported tomatoes on Monday, July 14.The tariff is slightly lower than the 21% duty floated by Trump officials in April,
From cattle to cotton to crude, Texas trade contributed a cool $850 billion to the U.S. economy in 2024, according to the Federal Reserve Bank of Dallas. What's more, Texas, the nation’s top exporter,