While tariffs can end up hitting consumers in the pocket, there are other impacts on households. Import taxes can complicate trade for businesses that have cross-border supply. As well as the higher costs, the uncertainty created by the trade war could put off investment plans and stunt job creation. Saunders suggests the biggest impact on…
U.S. President Donald Trump (R) speaks as U.S. Secretary of Commerce Howard Lutnick looks on before signing an executive order to limit mail-in voting in the Oval Office of the White House on March 31, 2026 in Washington, DC. Alex Wong | Getty Images U.S. President Donald Trump‘s administration is reportedly considering new tariffs on…
The White House released a statement after Canada announced its counter-tariffs, saying that the US was prepared to offer Canada “the most preferential market access of any country on Earth” in recent trade talks. “Instead of partnership, Canada chose unreasonable demands, walk-backs, and flat-out rejection,” it said. In a series of Tuesday posts on Truth…
The U.S. imposed 50% tariffs on some Canadian products on Saturday after trade talks between the two countries fell apart on Friday. In response, Canada said it would impose its own retaliatory tariffs beginning on Sept. 8. Negotiators for both sides had been working on a deal all week, at times signaling that an agreement…
IE 11 is not supported. For an optimal experience visit our site on another browser. Good News: Grandson surprises grandparents during vow renewal for 60th anniversary 03:07 Serena Williams to play with Carlos Alcaraz in return to US Open 01:56 Now Playing U.S. and Canada trade war intensifies with new tariffs 02:02 UP NEXT Deadly…
Carney’s speech on Saturday was his first address to Canadians after he announced late on Friday night that a deal would not be reached, accusing the Americans of making “last-minute changes” that were “unfair” and “uneconomic”. US negotiators, meanwhile, accused Canada of making “new demands and walk backs” on terms which had been agreed earlier…
Trade talks with Canada collapsed late Friday night, setting in motion steep 50% tariffs on a wide swath of Canadian goods. The duties went into effect at the stroke of midnight. After weeks of talks, Canadian Prime Minister Mark Carney announced that while important progress had been made, “that progress has not been enough to…
A fresh wave of US tariffs on a wide array of Canadian goods came into effect on Saturday after a last-minute breakdown in trade talks. Announcing the suspension of negotiations shortly before the Friday night deadline, Canadian Prime Minister Mark Carney said he would impose reciprocal tariffs on US goods “dollar for dollar”. Carney said…
President Trump said Tuesday he has paused the 50% tariffs on a range of Canadian goods that were set to take effect Wednesday. “I have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day period, based on the fact that Canada and the U.S.A., subject to…
The Canadian government is racing to negotiate a deal with the Trump administration in order to avoid a fresh wave of U.S. tariffs set to hit many of its exports to the United States starting on Wednesday. However, after weeks of meetings, the prospects for a deal remained uncertain Monday, and Canadian broadcaster CBC reported…
