EconomyThe United States has levied 50% tariffs on some Canadian goods after the two longtime allies failed to reach a trade agreement. Both sides accuse the other of derailing talks that lasted several days.
EconomyThe United States has levied 50% tariffs on some Canadian goods after the two longtime allies failed to reach a trade agreement. Both sides accuse the other of derailing talks that lasted several days.
PoliticsCanadian senior political correspondent Maria Cheng explains that Donald Trump’s tariffs and threats to annex Canada have pushed support for an independent Quebec to its lowest level in decades.
EconomyUS-Canada trade talks collapsed late Friday, prompting 50% US tariffs on roughly $20 billion of Canadian goods. Prime Minister Mark Carney pledged dollar-for-dollar retaliation. Bloomberg contributors discuss how the dispute could deepen a lasting rupture between the allies while fueling tariff-driven inflation, higher Treasury yields and pressure from the US debt load of $40 trillion.
EconomyThe United States is imposing 50 percent tariffs on Canadian goods, while Prime Minister Mark Carney vows to match them. The measures also target goods covered by the US-Mexico-Canada trade agreement.
EconomyThe trade war between Washington and Ottawa has escalated again after the United States imposed 50% tariffs on some Canadian goods on Saturday. The measures came hours after Donald Trump said he had a good relationship with his Canadian counterpart and believed a deal was possible.
EconomyThe United States has imposed 50 percent tariffs on $20bn worth of Canadian goods. Jairo Yunis warns that the escalating trade war could drive up prices, endanger jobs and damage both economies.
EconomyA new wave of US tariffs on a broad range of Canadian goods took effect on Saturday after trade talks collapsed shortly before a Friday night deadline. Prime Minister Mark Carney said Canada would impose reciprocal tariffs on US goods “dollar for dollar”, calling last-minute changes to the proposed US terms unfair, uneconomic and damaging to confidence in any deal.
EconomyCanadian Prime Minister Mark Carney says Ottawa has suspended trade negotiations with Washington after the talks collapsed, clearing the way for new 50 percent US tariffs on Canadian goods. Carney says Canada will match the levies “dollar for dollar.” The tariffs target nearly $20bn in Canadian exports, including alcohol, furniture, clothing and sporting goods.
EconomyFriday again marks the deadline for Canada and the United States to finalize a deal meant to cushion Canada’s economy from the severe impact of 50 per cent American tariffs. After securing a three-day extension from the White House, Canadian officials are back in Washington trying to complete the agreement.
EconomyB.C. business owner Blaine Maryniuk says proposed U.S. tariffs could put West Coast Walls at risk of survival. The company makes wallpaper, stickers and decals, and with half its business coming from the U.S., Maryniuk says he cannot absorb the tariffs.
EconomyCanadians whose livelihoods depend on sectors covered by the ongoing US-Canada trade talks remain anxious. After absorbing 25% tariffs and billions of dollars in losses over the past year and a half, the automotive industry could still face devastating damage, with plants confronting annual losses in the nine-figure range even if proposed penalties are reduced.
EconomyCanadian and U.S. negotiators raced toward a midnight deadline on Friday to complete a high-stakes trade agreement. The deal could reduce threatened U.S. tariffs on Canadian steel and aluminum and return American alcohol to shelves in some provincial stores. Ralph Goodale discusses the talks, while CBC’s David Cochrane provides analysis.
EconomyThe United States and Canada face a midnight deadline before President Donald Trump’s planned 50% tariffs on $20 billion in Canadian imports take effect. The auto industry is a major obstacle in the talks and is already struggling with higher tariff costs, which could raise prices for consumers.
Politics10:02Conservative Leader Pierre Poilievre says Prime Minister Mark Carney should pursue tariff-free trade with the United States, as promised during the election campaign. Power & Politics asks Conservative critic Shuvaloy Majumdar whether that goal is realistic and what his party would do differently.
Economy“Balance of Power: Late Edition” examines the intersection of politics and global business as Canada moves closer to a trade deal with Trump. Guests include former Canadian International Trade Minister Mary Ng, former Trump national security adviser John Bolton and other analysts and communications and investment executives.
EconomyA 50% tariff on hundreds of Canadian exports took effect shortly after midnight after Canadian and U.S. negotiators failed to reach a deal.
EconomySarah Bianchi, a senior managing director at Evercore ISI and former deputy U.S. trade representative, discussed the approaching tariff deadline. She said Mexico would likely seek similar relief if the United States reaches a tariff deal with Canada.
EconomyFormer Canadian Deputy Prime Minister Chrystia Freeland says it is important for Canada to reach a trade deal with the United States. She argues that permanent tariffs on Canadian steel and aluminum would hurt the US, particularly car manufacturers in Detroit.
EconomyCanada-U.S. trade talks have reached a breaking point over alcohol. Prime Minister Mark Carney is urging premiers to put American liquor back on store shelves, while the program examines alcohol’s role as a bargaining chip, the complications created by provincial liquor boards and the forces behind the current tariff standoff.
EconomyCanadian minister responsible for U.S. trade ties Dominic LeBlanc is meeting U.S. Trade Representative Jamieson Greer in Washington, seeking to finalize a trade deal before new American tariffs take effect on August 22.
PoliticsAs the Canada-U.S. tariff deadline approaches, the prospects for a potential trade deal are coming into focus. Prime Minister Mark Carney may also face political difficulties persuading Canadians to accept it.
WorldBloomberg This Weekend examines rising US-Canada tensions, Treasury Secretary Scott Bessent’s turbulent week in the bond market, Iceland’s vote and the stark choices facing Ukraine. The program features discussions with lawmakers, business leaders and cultural figures.
OtherBloomberg This Weekend features conversations across news, politics, lifestyle and culture. The program highlights Treasury Secretary Scott Bessent’s role in a turbulent week for bonds, the rapidly narrowing US lead in artificial intelligence, and other discussions, including an interview with Hamid Karzai.
PoliticsP.E.I. Premier Rob Lantz says he is prepared to end the province’s ban on American alcohol if that helps secure a trade deal with the United States. Canada and the U.S. are meeting again to try to finalize an agreement before a new tariff deadline.