On Thursday, President Donald Trump posted on social media that Canada would be subjected to an additional 35% tariff rate on products not already subjected to sectoral tariffs. The reason cited for the new tariffs was Canada’s own retaliatory tariffs, which it issued on March 12 in response to earlier levies imposed by the U.S. …
President Donald Trump reignited America’s on-again, off-again trade war with Canada on Thursday in a catty letter to Prime Minister Mark Carney. Trump threatened to impose a 35 percent tariff on Canadian goods beginning Aug. 1 unless Canada decides to build or manufacture its products in the U.S. The letter to Carney was part of…
(Reuters) -A new oil pipeline to the British Columbia coast is highly likely to be included on a list of projects deemed to be of national importance to the Canadian government, Prime Minister Mark Carney told the Calgary Herald newspaper in an interview published on Sunday. “I would think given the scale of the economic…
TORONTO (AP) — Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms. U.S. President Donald Trump said Friday that he was suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called…
WASHINGTON (AP) — President Donald Trump said Friday that he’s suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called “a direct and blatant attack on our country.” Trump, in a post on his social media network, said Canada had just informed the U.S. that it…
President Donald Trump announced that the United States is terminating all trade discussions with Canada in response to a new Canadian tax targeting American technology firms. “We have just been informed that Canada, a very difficult Country to TRADE with… has just announced that they are putting a Digital Services Tax on our American Technology…
President Trump says the U.S. may be close to announcing new tariff agreements as his administration faces pressure to strike deals with major trade partners before a 90-day pause on reciprocal tariffs ends on July 9. Since announcing a bevy of tariffs from the Rose Garden in early April, President Trump and his team have been in…
Canadian Prime Minister Mark Carney is meeting with President Trump at the White House Tuesday for the first time since taking office in March and pledging to stand firm against the U.S. president. U.S.-Canada relations have been strained by Mr. Trump’s tariffs and his comments about making Canada the 51st state. Carney said in his victory…
New tariffs for auto parts kick in, Trump to meet newly-elected Canadian PM Mark Carney – CBS News Watch CBS News President Trump is insisting the economy is fine as new tariffs on imported auto parts took effect this weekend. Meanwhile, the president will meet face to face at the White House Tuesday with Canadian…
Things are getting awkward for the Federal Reserve. With their eye on inflation, officials are inclined to hold rates steady when they meet in Washington on Tuesday and Wednesday. But fears of a slowdown are mounting, and President Donald Trump and some of his deputies keep hammering the central bank for an interest-rate cut. Caught…