Canadian Prime Minister Mark Carney announced that starting at 12:01 EDT on Wednesday, Canada will enforce a 25% tariff on certain US-made vehicles that fail to meet the requirements of the Canada-United States-Mexico Agreement (CUSMA) trade deal. “At 12:01 EDT (0400 GMT) tonight, Canada’s counter-tariffs will come into force,” Mark Carney said on his X…
US President Donald Trump on Wednesday spoke to Justin Trudeau about his punishing 25 per cent tariffs on the neighbouring country and claimed that the Canadian Prime Minister was trying to use the escalating trade war to stay in power. Trump also said that Canada’s efforts to stem the flow of fentanyl, a deadly opioid,…
It’s official—President Trump has signed a sweeping tariff order, impacting the United States’ top three trading partners: Canada, China, and Mexico. While this may seem like just another political move, the implications go far beyond trade. Tariffs influence the cost of everyday essentials, meaning American consumers could soon be paying more for groceries, fuel, and…
Can’t handle aggressive US tariffs? Become a part of the United States. This was President-elect Donald Trump’s offer to Canadian Prime Minister Justin Trudeau as the duo dined at the Republican leader’s golf estate last week, Fox News reported. The suggestion, though made in jest, invited a “nervous” laugh from Trudeau, sources told Fox News….