Tag: canada
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Canada announces ‘dollar-for-dollar’ retaliatory tariffs on US as high as 50%
The latest escalation in an ongoing trade war between the US and Canada will see new levies on goods from steel to furniture, fresh tuna and makeup.
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Threat of all-out trade war between US and Canada looms
Canada is set to announce its response to Washington’s new trade tariffs, with retaliatory tariffs of its own. Both sides are blaming the other for the end of trade negotiations. And neither appear to be backing down.
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Canada announces retaliatory tariffs on US goods
Canada’s government said it would impose tariffs on some 700 US goods as of next month, amid the latest trade spat between Donald Trump and Mark Carney.
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Canada announces US$20 billion retaliatory tariffs on US goods, unveils support measures
The counter-tariffs take effect from Sep 8 and will impose duties ranging from 15 per cent to 50 per cent across 700 US products.
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Trump floats renaming Lake Ontario as ‘Lake America’ as trade war with Canada escalates
Ontario is Canada’s most populous province and is home to the country’s auto industry.
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Canada poised to retaliate against Trump tariffs: ‘We’re not waiting by the phone’
Canadian trade negotiators left the U.S. last week after failing to clinch a trade deal that would stop President Donald Trump’s new tariffs from taking effect.
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Canada set to announce retaliatory tariffs on US goods
Tariffs of 50% on Canadian goods came into effect after trade talks collapsed. US President Trump has warned Ottawa to “fall in line,” but Canadian Prime Minister Mark Carney has refused to accept a “bad deal.”
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CNBC Daily Open: China in the crosshairs, Bitcoin is back and Dragon Ball Z diplomacy
New sanctions against Iran could stoke tensions between the U.S. and China, while risk appetite for Bitcoin returns.
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Canada to announce response to Trump’s new tariffs
After rejecting what he called a “bad deal”, Canadian Prime Minister Mark Carney announced retaliatory tariffs effective on Sep 8.
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CNBC Daily Open: Washington escalates on two fronts; Nvidia earnings in focus
Markets are bracing for more tests this week, including Nvidia’s earnings, an inflation reading, and the Fed’s Jackson Hole symposium.
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