Some steelmakers in Canada and Mexico are telling customers that they are refusing new orders to the US on concerns that President Donald Trump soon will reimpose duties.
Americans buy $900 billion a year in food, cars, TVs, toys, appliances and other goods from Mexico and Canada. The cost of these products could rise if President Trump carries out his threat to apply 25% tariffs.
Trump plans 25% tariffs on Canada, Mexico. What will it mean for Iowa's economy, farmers? Last time it left a $2 billion dent
During his first term in office, President Donald Trump oversaw the renegotiation of a continent-wide trade deal that he hailed as "the fairest, most
As U.S. President Donald Trump mulls imposing 25% duties on imports from Canada and Mexico on Feb. 1, focus has shifted to the sectors likely to bear the brunt of the tariffs. About 28%, or about $844 billion,
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.
President Trump opted against deploying a blanket tariff against U.S. trading partners, but kept the heat on Canada and Mexico.
North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.
President Trump's tariffs on imports from Mexico, Canada, and China are set to affect Texas industries, with significant economic impacts forecasted.
“This is a gift from the gods,” Ian Lee, an associate professor at Carleton University’s Sprott School of Business, said in a recent interview with the Financial Post’s Larysa Harapyn. “We cannot wait to be slaughtered by these tariffs, which will be destructive beyond all imagination to our economy.”
The Trudeau government and regional leaders have put into place a retaliation strategy that's ready to go as leaders call for a national buy-Canadian response to President Donald Trump's tariff plans.