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One trade war down, two to go — maybe more. U.S. President Donald Trump has dialled back his tariffs against Canada after rattling the economy from the markets, to factories, to the borders. But that was this week’s battle. There’s another one next week when his steel and aluminum tariffs take …
Read More »Could Canada put tolls on Alaska truck travel if trade war reignites?
When B.C. Premier David Eby ordered U.S. alcohol off of shelves and started diverting critical minerals meant for the United States last weekend, there was one threat he didn’t follow through on: making it harder for products destined for Alaska to travel through B.C. But his office says the idea …
Read More »Trump’s trade pick gets an earful on Canada tariffs
There’s an old cliché that if you want a friend in Washington, get a dog. Alliances here shift with the political winds. The good news for Canada is there’s fresh evidence that, right now, it has allies on tariffs. People are voicing horror at the threat to slap them across …
Read More »Raptors fans latest to boo American national anthem as trade war heats up
Fans at Scotiabank Arena loudly booed during the American national anthem before the Toronto Raptors hosted the Los Angeles Clippers on Sunday. They then switched to loud cheers when “O Canada” began. Fans of the NBA’s lone Canadian franchise booed the anthem after similar reactions broke out Saturday night at …
Read More »Trudeau, Trump spoke this morning — will speak again this afternoon on eve of trade war
Prime Minister Justin Trudeau spoke to U.S. President Donald Trump early Monday morning about the forthcoming trade war that has the potential to inflict economic pain on workers and businesses on both sides of the border — and they are expected to speak again later today. The Prime Minister’s Office …
Read More »This isn’t just a trade spat. North America changed today
Tariffs now linger like an executioner’s blade over Canada’s economy. And U.S. President Donald Trump says he’s dropping the axe Tuesday. If Trump proceeds with his plan, he will not simply upend the economy, but the broader Canada-U.S. relationship built over multiple generations. The president announced he’s moving ahead early next week …
Read More »Trump tariffs hit markets on Monday in early reaction to Canada-U.S. trade war
U.S. stocks sank and the Canadian dollar fell further in early trading on Monday morning against the backdrop of a brewing North American trade war, then rebounded mid-morning after Mexican President Claudia Sheinbaum announced that U.S. tariffs against her country would be delayed by one month. President Donald Trump announced on Saturday that extensive …
Read More »Heated words about sovereignty and U.S. trade? Sounds a lot like 1988
Donald Trump’s repeated musings about Canada becoming part of the United States have — unsurprisingly — raised hackles in Ottawa. “There isn’t a snowball’s chance in hell,” shot back Prime Minister Justin Trudeau, while the Finance Minister Dominic Le Blanc noted, “The joke is over.” Opposition leaders are similarly irked, with Conservative Pierre Poilievre asserting “Canada will never be …
Read More »What would a trade war actually look like?
Donald Trump is threatening steep tariffs on all goods entering the U.S. from Canada, Mexico and China. They’ll be in place until the countries stop the flow of migrants and drugs illegally entering the U.S., Trump said. Mexico and China have threatened to respond in kind. Businesses, economists and policymakers are trying …
Read More »Jamieson Greer is Donald Trump’s pick for U.S. trade rep in coming administration
U.S. president-elect Donald Trump on Tuesday chose trade lawyer Jamieson Greer as his new U.S. trade representative, elevating a key veteran of his first-term trade war against China to execute a sweeping tariff agenda that promises to upend global trade. “Jamieson will focus the Office of the U.S. Trade Representative on reining in …
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