EconomyCanadian and U.S. officials are working to finalize an agreement before a new midnight deadline, seeking to avert fresh U.S. tariffs on nearly $30 billion worth of Canadian goods.
EconomyCanadian and U.S. officials are working to finalize an agreement before a new midnight deadline, seeking to avert fresh U.S. tariffs on nearly $30 billion worth of Canadian goods.
PoliticsA Canadian provincial premier sharply criticized U.S. President Donald Trump on Thursday, calling him a “bad person” who is “not to be trusted.” The premier urged Canada to keep fighting instead of rushing to offer concessions in trade negotiations with Washington.
EconomyKentucky distiller Thomas Bard says the removal of U.S. alcohol from Canadian shelves has hurt businesses like his. He hopes to re-enter the Canadian market but questions how consumers will respond after months of political tensions.
EconomyThere is no guarantee that every Canadian province will return American alcohol to store shelves as part of the trade agreement. Even if they do, it remains uncertain whether Canadians will want to buy liquor from the United States. Donald Trump has called the provincial boycotts “discriminatory” and cited them when announcing new tariffs on Canada.
EconomyCanada-U.S. Trade Minister Dominic LeBlanc returned to Washington, D.C., to meet his American counterpart in an effort to finalize a deal and avoid 50 per cent tariffs on many Canadian goods. The prime minister has asked premiers to put American liquor back on provincial store shelves to help secure an agreement, but liquor and lumber remain hurdles.
PoliticsPrime Minister Mark Carney spoke with Canada’s premiers Wednesday about a possible trade deal with the United States. Manitoba Premier Wab Kinew said, “I think we should fight,” while Nova Scotia Premier Tim Houston said he was “content” with the negotiations, though he called the prospect of no deal “scary” for the country.
EconomyCanada’s top negotiators are back in Washington, where LeBlanc says a tariff deal is “very close” after a three-hour meeting. With new tariffs set to begin soon, the negotiations are under pressure to secure an agreement.
PoliticsAfter discussing ongoing trade negotiations with Prime Minister Mark Carney, Manitoba Premier Wab Kinew said the province has not decided to return U.S. alcohol to store shelves. He said that could change if the prime minister strongly recommended a deal and Manitoba agreed to restore sales.
EconomyA tentative US-Canada trade agreement would reduce tariffs on some Canadian steel and aluminum exports to 25% and cut duties on Canadian autos to 15%, according to people familiar with the matter. Tariffs on non-US auto content would also fall from 25% to 15%, while metals tariffs would generally be halved.
EconomyAngus MacKinnon, a dairy farmer in Coaticook, Que., says American dairy’s larger scale and lower production costs could threaten Canadian farmers’ livelihoods if a trade deal allows more U.S. products into Canada.
EconomyCanadian and U.S. officials are working to finalize an agreement that would avert new U.S. tariffs on nearly $30 billion worth of Canadian goods.
EconomyBusinesses and industries across Canada are awaiting details of the tentative deal with the United States, which postpones 50% tariffs until at least Aug. 22. The limited information disclosed so far has left some industry leaders worried about what Canada may have to give up.
EconomyCanada has reached a tentative trade deal with the United States, avoiding additional 50 per cent tariffs until at least Aug. 22. Details of possible concessions by both sides are emerging. Evidence is also growing of foreign efforts to influence Alberta’s upcoming referendum, which will ask whether to begin the legal process for a future binding vote on separation.
PoliticsAfter U.S. President Donald Trump announced a supposed trade deal on social media Tuesday night, Prime Minister Mark Carney met with his cabinet and Canada’s first ministers on Wednesday. Little is known about the talks or what concessions Canada may have made to secure a three-day extension before tariffs take effect.
PoliticsU.S. President Donald Trump and Prime Minister Mark Carney say the two countries have reached a tentative deal. Quebec Premier Christine Fréchette is reserving judgment on the negotiations’ outcome until she receives all the details.
EconomyU.S. President Donald Trump has called off planned 50 per cent tariffs on Canada until Friday while the two sides finalize a trade deal. A former Trump trade adviser discusses what the president may be seeking in the agreement.
EconomyA recent Nanos Research poll found that 69 per cent of Canadians would continue boycotting American alcohol even if it became available again in Canadian stores.
EconomyPresident Trump said he may reduce tariffs on Canada to levels applied to other countries, following reports that the US plans to halve duties on Canadian steel and aluminum exports. He said he currently has a “very nice relationship” with Canadian leaders as the two sides work toward a trade deal.
EconomyBloomberg’s early edition of Balance of Power examines US-Canada trade negotiations and Trump’s pause on 50% tariffs against Canada, with analysts and former officials discussing the talks.
EconomyAs Canadian Trade Minister Dominic LeBlanc met U.S. Trade Representative Jamieson Greer in Washington on Wednesday, Prime Minister Mark Carney said negotiations had made “significant progress.” President Donald Trump said “a very good deal” was on the table, but neither offered details about what had been negotiated.
EconomyPresident Donald Trump said the United States and Canada reached a trade agreement after he spoke with Prime Minister Mark Carney. He called it fair to both sides and said threatened 50% tariffs on Canadian goods were paused for three days while documents are finalized. The deal would remove Canadian tariffs affecting U.S. farmers, while the U.S. would lower some tariffs.
EconomyPresident Donald Trump postponed a planned 50% tariff on a broad range of Canadian goods that was due to begin at midnight and could have affected about $20 billion in imports. He said he had reached an unfinished deal with Prime Minister Mark Carney after their talks, claiming it would benefit both countries.
PoliticsPresident Donald Trump said Wednesday that the United States had reached a trade agreement with Canada, claiming Canadian representatives provided “the points we had to have.” He made the remarks while speaking with Bloomberg Television’s Tyler Kendall at the White House.
PoliticsConservative Party Leader Pierre Poilievre said he was “relieved” that Donald Trump had paused a punitive new 50 per cent tariff on Canadian goods. He said he was awaiting the deal’s details and argued that tariffs on Canada’s auto, lumber, aluminum or steel sectors would be unacceptable.