Tuesday, March 17, 2026 | 09:11 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Page 17 - Canada

China imposes retaliatory tariffs on import of Canadian farm, food products

China on Saturday announced retaliatory tariffs on some Canadian farm and food imports, after Canada imposed duties in October on Chinese-made electric vehicles and steel and aluminum products. The new duties become effective March 20, according to a statement by the Customs Tariff Commission of the State Council. Additional 100% tariffs will be imposed on Canadian rapeseed oil, oil cakes and peas, and additional 25% tariffs will apply to pork and aquatic products. The tariffs add to global trade tensions already high, with rounds of tariff announcements by the United States, China, Canada and Mexico. The duties come in retaliation for Ottawa imposing tariffs against Chinese imports in October, including a 100% surtax on all Chinese-made EVs and 25% on steel and aluminum imports. Despite China's repeated opposition and dissuasion, Canada has taken unilateral restrictive measures on electric vehicles, steel, aluminum and other products imported from China without investigation, ...

China imposes retaliatory tariffs on import of Canadian farm, food products
Updated On : 08 Mar 2025 | 11:14 AM IST

Bourbon goes off shelves in US as Canada fights Trump's tariff threats

Canadian pizzeria Gram's Pizza has decided to boycott US-made products after Trump slapped 25 per cent tariffs on Canada and threatened to annex the country and make it the 51st state of the US

Bourbon goes off shelves in US as Canada fights Trump's tariff threats
Updated On : 07 Mar 2025 | 6:45 PM IST

Donald Trump changes course, delays some tariffs on Mexico and Canada

President Donald Trump on Thursday postponed 25 per cent tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war. The White House insists its tariffs are about stopping the smuggling of fentanyl, but the taxes proposed by Trump have caused a gaping wound in the decades-old North American trade partnership. Trump's tariff plans have also caused the stock market to sink and alarmed U.S. consumers. In addition to his claims about fentanyl, Trump has insisted that the tariffs could be resolved by fixing the trade deficit and he emphasised while speaking in the Oval Office that he still plans to impose reciprocal tariffs starting on April 2. Most of the tariffs go on April the second, Trump said before signing the orders. Right now, we have some temporary ones and small ones, relatively small, although it's a lot of money having to do with Mexico and Canada. Trump said he was not looking to exten

Donald Trump changes course, delays some tariffs on Mexico and Canada
Updated On : 07 Mar 2025 | 6:40 AM IST

Canada will be in trade war with US for 'foreseeable future', says Trudeau

Donald Trump launched a new trade war by imposing tariffs against Washington's three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China

Canada will be in trade war with US for 'foreseeable future', says Trudeau
Updated On : 06 Mar 2025 | 9:48 PM IST

Trump's tariffs put Starlink's future in Canada in uncertain waters

Starlink flies more than 7,000 satellites in low-Earth orbit (LEO) serving some 5 million subscribers, and Canada is the company's largest market outside of the US

Trump's tariffs put Starlink's future in Canada in uncertain waters
Updated On : 06 Mar 2025 | 7:24 PM IST

Trump considers exempting some agri products from Canada, Mexico tariffs

Lawmakers from states with strong agriculture interests have pleaded with the administration to carve out tariff exemptions for fertilizers and other products that are critical for growing US crops

Trump considers exempting some agri products from Canada, Mexico tariffs
Updated On : 06 Mar 2025 | 7:43 AM IST

Trump slams Trudeau for using tariffs, fentanyl crisis to stay in power

The US President said he highlighted the loss of lives due to fentanyl, which came through the Borders of Canada and Mexico

Trump slams Trudeau for using tariffs, fentanyl crisis to stay in power
Updated On : 06 Mar 2025 | 6:49 AM IST

Trump exempts Mexico, Canada auto imports from new tariffs for a month

The announcement comes after Trump spoke with leaders of the big 3 automakers, Ford, General Motors, and Stellantis on Wednesday

Trump exempts Mexico, Canada auto imports from new tariffs for a month
Updated On : 06 Mar 2025 | 12:33 AM IST

Businesses rush to deal with Trump's tariffs on Canada, China, Mexico

A Minnesota farmer worries about the price of fertilizer. A San Diego entrepreneur deals with an unexpected cost increase of remodelling a restaurant. A Midwestern sheet metal fabricator bemoans the prospect of higher aluminum prices. Businesses knew that Trump's import taxes -- tariffs -- on America's biggest trading partners were scheduled to take effect Tuesday. But many of them assumed they'd get a reprieve. After all, the unpredictable president had delayed the tariffs on Canada and Mexico for 30 days right before they were originally supposed to kick in on February 4. No such luck this time. At midnight Tuesday, the United States imposed 25 per cent tariffs on goods from Canada and Mexico, starting a trade war with its closest neighbours and allies. Trump also doubled his 10 per cent levies on Chinese imports in a series of moves that took US tariffs to the highest level since the 1940s. Canadian energy was shown some mercy, getting taxed at a lower 10 per cent. The three .

Businesses rush to deal with Trump's tariffs on Canada, China, Mexico
Updated On : 05 Mar 2025 | 11:44 AM IST

Amid trade war, Trump warns Canada of reciprocal tariff by like amount

Trump's remark came after Canadian Prime Minister Justin Trudeau said on Tuesday that Canada will be implementing 25 per cent tariffs against $155 billion worth of American products

Amid trade war, Trump warns Canada of reciprocal tariff by like amount
Updated On : 05 Mar 2025 | 8:52 AM IST

Trump's trade war draws swift retaliation from Mexico, Canada, and China

President Donald Trump launched a trade war Tuesday against America's three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin as the U.S. faced the threat of rekindled inflation and paralyzing uncertainty for business. Just after midnight, Trump imposed 25% taxes, or tariffs, on Mexican and Canadian imports, though he limited the levy to 10% on Canadian energy. Trump also doubled the tariff he slapped last month on Chinese products to 20%. Beijing retaliated with tariffs of up to 15% on a wide array of U.S. farm exports. It also expanded the number of U.S. companies subject to export controls and other restrictions by about two dozen. Canadian Prime Minister Justin Trudeau said his country would plaster tariffs on more than $100 billion of American goods over the course of 21 days. Today the United States launched a trade war against Canada, their closest partner and ally, their closest friend. At the

Trump's trade war draws swift retaliation from Mexico, Canada, and China
Updated On : 05 Mar 2025 | 7:08 AM IST

'Dumb thing to do': Trudeau's message to 'smart guy' Trump on US tariffs

Drawing a contrast between the US's approach to Canada and its stance on Russia, Trudeau remarked: 'Make that make sense'

'Dumb thing to do': Trudeau's message to 'smart guy' Trump on US tariffs
Updated On : 04 Mar 2025 | 10:23 PM IST

Tariffs on China, Mexico and Canada may boost Indian exports to US: Experts

Imposition of high tariffs on China, Mexico, and Canada by the US is expected to help Indian exporters in increasing their shipments to the American market, experts say. They added that sectors which can be benefited include agriculture, engineering, machine tools, garments, textiles, chemicals, and leather. India was the fourth-largest gainer when the US imposed higher duties on Chinese goods during US President Donald Trump's first tenure. The Trump administration is imposing 25 per cent tariffs on Mexico and Canada and it will take effect on Tuesday. The US has also doubled the tariff on all Chinese imports to 20 per cent. "This can help Indian exporters in sectors such as agriculture, engineering, machine tools, garments, textiles, chemicals, and leather," President-designate of Federation of Indian Export Organisations (FIEO) S C Ralhan said. The tariffs would affect exports from China, Mexico and Canada to the US as they would push prices of their goods in the American marke

Tariffs on China, Mexico and Canada may boost Indian exports to US: Experts
Updated On : 04 Mar 2025 | 8:49 PM IST

Mexico to impose tariffs on US, joining China and Canada in trade war

Mexico President Claudia Sheinbaum said Tuesday that Mexico will respond to 25% tariffs imposed by the United States with its own retaliatory tariffs on US goods. Sheinbaum said she will announce the products Mexico will target on Sunday in a public event in Mexico City's central plaza, perhaps indicating Mexico still hopes to de-escalate the trade war set off by US President Donald Trump. Unlike China and Canada, Mexico decided to wait until Sunday, though the country has said since January that it had a plan ready for precisely this scenario. Canada said it would slap tariffs on more than $100 billion of American goods over the course of 21 days. Sheinbaum said Tuesday that there is no reason for penalties on some of the largest trading partners for the US. There is no motive or reason, nor justification that supports this decision that will affect our people and our nations, she said. The tariffs that had been threatened by President Donald Trump's against Canada and Mexico we

Mexico to impose tariffs on US, joining China and Canada in trade war
Updated On : 04 Mar 2025 | 8:28 PM IST

Canada, China's tariffs on US, Maharashtra minister resigns, Stock market update & more #newsinamin

US tariffs on imports from Mexico, Canada, and China took effect today, prompting countermeasures. Canada imposed a 25% levy on 30 billion Canadian dollars in US exports.

Icon YoutubeCanada, China's tariffs on US, Maharashtra minister resigns, Stock market update & more #newsinamin
Updated On : 04 Mar 2025 | 7:00 PM IST

Trade wars erupt as Trump hits Canada, Mexico, and China with steep tariffs

The tariffs on Mexican and Canadian products could have much deeper repercussions for a highly integrated North American economy

Trade wars erupt as Trump hits Canada, Mexico, and China with steep tariffs
Updated On : 04 Mar 2025 | 5:43 PM IST

US-Canada tariff history: The 2018 trade dispute, retaliation, and fallout

From a steel standoff in 2018 to a lumber feud spanning decades, here's how US-Canada tariff battles have shaped trade relations over the years

US-Canada tariff history: The 2018 trade dispute, retaliation, and fallout
Updated On : 04 Mar 2025 | 5:43 PM IST

Canadian govt retaliates, puts tariffs on $107 billion of US products

Canada will not let this unjustified decision go unanswered, Prime Minister Justin Trudeau said in a statement

Canadian govt retaliates, puts tariffs on $107 billion of US products
Updated On : 04 Mar 2025 | 5:40 PM IST

No room left for Canada, Mexico to avert US tariffs on imports: Trump

When asked about the possibility of a deal, Trump confirmed that "tariffs are all set and are going to effect" on March 4 as planned

No room left for Canada, Mexico to avert US tariffs on imports: Trump
Updated On : 04 Mar 2025 | 6:53 AM IST

Trudeau to bring up US' threat to annex Canada in meeting with King Charles

Canadian Prime Minister Justin Trudeau will meet with King Charles III, the country's head of state, on Monday where he will discuss US President Donald Trump's threats to make Canada the 51st state. The king has come under criticism in Canada for being silent about Trump's threats to annex Canada. Trudeau said in London on Sunday he will discuss matters of importance to Canadians with Charles and said "nothing seems more important to Canadians right now than standing up for our sovereignty and our independence as a nation. Charles is the head of state in Canada, which is a member of the British Commonwealth of former colonies. Overall, the antiroyal movement in Canada is small, but the silence of the monarch on Trump's threats have spurred talk in recent days. Former Alberta Premier Jason Kenney said for Canadians disappointed that King Charles has not commented on Trump's threats he can only act on the advice of Canada's prime minister. The Government of Canada should ask the H

Trudeau to bring up US' threat to annex Canada in meeting with King Charles
Updated On : 03 Mar 2025 | 8:46 AM IST