Trump, Canada and Mexico
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When President Donald Trump introduced his “Liberation Day” tariffs in April, many economists predicted Americans would soon experience massive price increases. While inflation has ticked up in the eight months that passed,
U.S. Chamber of Commerce senior vice-president Neil Herrington accused Canada of failing to properly uphold free trade in dairy, health care and digital trade. Mexico, he argued, has fallen short of its obligations in agriculture, energy, government procurement and other areas.
A wave of companies are petitioning for exemptions from the Trump administration’s high levies on foreign-made goods, saying they are hurting business and raising prices.
The White House has declined to say whether the tariff is still planned, but a US official said the administration has held off on raising duties — which could have pushed tariffs on Canadian goods to 45% — choosing instead to use the threat as leverage ahead of future talks,
Companies challenging President Donald Trump’s global tariff policies include some headquartered in the Pacific Northwest.
Pete Hoekstra once testified that “the market should dictate the price of steel, not the government.” But he now champions the Trump trade policies that are being linked to job losses in his former Michigan district.
The president announced in late October he was increasing duties on Canadian goods in response to Ontario's anti-tariff TV ad.
A crucial hearing in Washington into the future of Canada’s three-way trade deal with the U.S. and Mexico kicked off Wednesday with U.S. agriculture, business and policy groups urging the Trump administration not to scrap the agreement.