Trump Threatens Higher Tariffs on Canada
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Canada, Unemployment
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Canada is seeking to finalise a free trade deal with Southeast Asian nations as part of a push to expand into new markets, its top diplomat said, responding to the hefty tariffs imposed on it by the United States,
Canada is expected to resume trade talks with the U.S. after the Canadian government said late Sunday it was rescinding a digital services tax on American tech companies.
President Donald Trump announced a new set of duties on Canadian goods that were not covered by existing sectoral tariffs.
Canada's trade deficit in May narrowed after a record-breaking deficit in April as total exports rose and imports fell even as the impact of U.S. tariffs dented shipments south of the border, data showed on Thursday.
U.S. trade and security deal less than two weeks away, both sides will aim for a "long-term” deal, one former White House trade official told Global News. Brian Janotivz, former White House Economic Counsel and former official with the U.
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WASHINGTON (AP) — The Trump administration is stepping up pressure on trading partners to quickly make new deals before a Wednesday deadline, with plans for the United States to start sending letters Monday warning countries that higher tariffs could kick in Aug. 1.
The Canadian dollar edged higher against its U.S. counterpart on Thursday but the move was modest as the greenback notched broad-based gains and after new U.S. trade tariffs cast doubt about prospects of a trade deal this month between Canada and the United States.