Us-canada

'Hostile act': Trump warns EU with tariffs over Canada's associate status

The EU has proposed making Canada its first associate member, prompting Trump to warn of 'very heavy tariffs' if he sees the move as a 'hostile act' by Europe

Is Canada joining the EU? The story behind its 'associate member' plan

The EU wants Canada to become its first 'associate member', paving the way for closer economic and defence ties, but the proposed status has no established legal framework yet

Trump's 51st-state push drives Canada closer to the European Union

The invitation by the EU for Canada to become an "associate member" is a sign of Trump's brand of diplomacy, which often involves threatening America's closest friends

Carney pitches Canada to global investors as Trump tries to pull investment

US President Donald Trump wants factories and investment moving south to the United States. Canadian Prime Minister Mark Carney is betting he can make billions flow north. About 300 CEOs and senior executives from some of the world's biggest investment firms will descend on the Four Seasons in Yorkville, a tony Toronto enclave of high-end restaurants and designer boutiques, for Carney's Canada Investment Summit this week. The investors collectively manage more than $120 trillion in assets, underscoring the scale of capital Carney hopes to tap as Canada tries to attract billions in new investment and reduce its economic dependence on the United States. "Canada is about so much more than being next to the United States," Carney said. "We have what the world wants." Carney pointed to Canada's vast energy and critical-mineral resources, its highly educated workforce and trade agreements that give businesses based in Canada access to roughly 1.5 billion consumers around the world. He s

US-Canada trade war escalates: A look at which goods face new tariffs

The US and Canada have stepped up their trade war, with both sides imposing new tariffs and curbs on goods amid a breakdown in negotiations

US widens Canada trade war with import bans, new tariffs on key products

President Donald Trump had earlier hinted at the move in response to bans on US alcohol products by several Canadian provinces

US bans Canadian dairy, alcohol and motorcycles as trade war escalates

The United States is banning dairy products, most alcoholic beverages and motorcycles from Canada, the White House said on Tuesday, as the trade war between the two nations escalates. The ban will take effect in three weeks and comes after Canada imposed retaliatory tariffs on USD 20 billion in US imports earlier Tuesday. US President Donald Trump on Tuesday moved to shut Canadian products out of large, long-term US government contracts as Canada's retaliatory tariffs took effect and Prime Minister Mark Carney vowed to speed efforts to reduce the country's dependence on the United States. Trump directed the US General Services Administration to declare Canadian products ineligible for those contracts until Canada allows "full and fair reciprocity" for American products. Earlier on Tuesday, Carney said Canada's strategy was about becoming more independent. "It's about ensuring that no country can hold us hostage. And that we can live how we want to live." Canada is exploring ties w

Canada's retaliatory tariffs on US goods take effect as trade talks stall

The counter-tariffs cover $20 billion of US goods, with duties ranging from 15% to 50% across products from steel and furniture to clothing and electronics

Trump says Canada's Bombardier must build jets in US or lose market access

Canada is set to introduce a wave of counter-tariffs against the US on Tuesday

Trump floats renaming Lake Ontario to 'Lake America' amid trade war

The water body serves as a natural border separating the province of Ontario from New York state and forms part of the five Great Lakes of North America

Trump admin weighs more trade penalties against Canada after retaliation

Trump and Carney were close to a possible deal, but talks broke down late Friday, and 50% tariffs on about $20 billion in Canadian goods came into effect just after midnight

Canada to announce retaliatory tariffs against US as trade fight escalates

Canada will announce retaliatory tariffs against the United States on Tuesday, an official familiar with the plans told The Associated Press, escalating a trade fight that has sharply worsened since negotiations with the Trump administration collapsed. The official spoke on condition of anonymity because they were not authorised to discuss the plans publicly. Prime Minister Mark Carney said Monday that Canada may need to move away from matching US tariffs dollar for dollar and instead use more targeted retaliation aimed at protecting Canadian workers and businesses. President Donald Trump escalated the dispute again Monday, telling Canadian leaders to "fall in line" or face consequences "far WORSE" than tariffs already imposed and threatening new 50 per cent tariffs on Canadian vehicles, auto parts and steel. Carney accused Washington of trying to subordinate Canada and said US trade demands had confirmed Canada's fears that the United States was seeking to dismantle major Canadian

US-Canada trade flux may give India an edge in Ottawa negotiations

After the talks collapsed on Saturday, the US has imposed 50% tariff on $20 billion Canadian goods and Ottawa has vowed it would impose "dollar-for-dollar" retaliatory tariffs from September 8

US, Canada fall deeper into trade war with new tariffs as talks collapse

The United States and Canada, historic allies along an undefended border, fell deeper into a trade war Saturday marked by angry recriminations and new tariffs that are expected to raise prices for products in both countries. Each side blamed the other for the collapse of negotiations in Washington late Friday, leading the US to impose 50 per cent tariffs on USD 20 billion worth of Canadian goods and Canada setting September 8 as the start of its retaliatory penalties. President Donald Trump's import taxes will hit about 5 per cent of what Canada ships to the United States every year, ranging from hockey sticks to tongue depressors. Prime Minister Carney said Ottawa would respond with targeted tariff protection for industries exposed to the new US duties, including some steel products. He also mentioned the dairy, appliance, agricultural equipment, pulp and paper and electronics sectors. No further talks were planned. Whatever the eventual outcome, a loss of trust seems one of the ..

US hits Canadian goods with 50% tariffs, Mark Carney vows to retaliate

The US tariffs kicked in Saturday on hundreds of items the US buys from Canada, such as plywood, liquor, electrical equipment and hockey gear, totaling around $20 billion

US set to impose 50% tariffs on Canadian goods as trade negotiations fail

The United States was set to impose 50% tariffs on $20 billion worth of Canadian products early Saturday after last-ditch negotiations failed to resolve the latest strain in already tense relations between the historic allies. President Donald Trump's import taxes will hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors. But the political impact will likely be even bigger than the economic fallout. Canada has threatened to retaliate against any new tariffs with levies of its own, aggravating a trade fight between countries that sold each other $880 billion worth of goods and services last year. The tariffs were initially supposed to kick in at 12:01 a.m. Wednesday. But Trump extended the deadline for three days to allow talks to continue, but the two countries still could not reach an agreement in time.

Trump says Canada trade deal moving forward, announces talks on Mexico pact

Trump said the proposed agreement with Canada would focus on protecting American farmers, who he said had been affected by previous trade arrangements

Canadian provincial leader calls Trump a 'bad person' amid trade talks

The premier of a Canadian province launched a blistering attack on US President Donald Trump on Thursday, calling him a "bad person" and "not to be trusted" and urging Canada to keep fighting rather than rush to make concessions in trade talks with Washington. Manitoba Premier Wab Kinew said Canada has leverage in the talks even as his province weighs restoring US alcohol sales at Prime Minister Mark Carney's urging to help secure a deal that would avert threatened 50 per cent US tariffs. "Everybody knows the American president by now, he's erratic, he's irresponsible, and he's not to be trusted. And this is the person that we were supposed to make a deal with, and we're going to make additional concessions for it. That's why I say you can't make a good deal with a bad person, because who's to say it's not going to be undone?" Kinew said. Dominic LeBlanc, the federal minister responsible for Canada-US trade, said Thursday the two countries were close to finalizing an agreement after

Trump says US, Canada have trade deal, but key terms remain unclear

Canada has dodged President Donald Trump's threat of 50 -per cent tariffs - at least for now. Trump went on social media late Tuesday to say he was pausing for three days the taxes on USD 20 billion worth of Canadian imports less than two hours before they were set to go into effect. Speaking to reporters at the White House Wednesday, Trump said that talks with Canada yielded a "very fair deal for both" sides. "Our farmers are going to be thrilled, our manufacturers are going to be thrilled," Trump said in an impromptu gaggle during a tour of South Lawn construction. Trump also noted that the agreement is all subject to the "finalization of documents." For now, the tariffs have been postponed until 12:01 am Saturday. Dominic LeBlanc, the minister responsible for Canada-US trade, returned to Ottawa on Wednesday to meet Canadian Prime Minister Mark Carney, who was also set to chair Cabinet and a virtual meeting with provincial and territorial leaders. Trump's tariff threat would hit

US, Canada reach deal to delay 50% tariffs on Canadian imports: Trump

President Donald Trump said Tuesday he was delaying the 50 per cent US tariffs on USD 20 billion worth of Canadian imports after the two countries reached a last-minute deal hours before the sanctions were to go into effect. The announcement, which Trump made on his social media platform, buys time for more negotiations and avoids, for now, another strain in already tense relations between the historic allies. "I have paused the 50 per cent Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day period, based on the fact that Canada and the USA., subject to the finalization of documents, have a DEAL!" Trump posted on Truth Social less than two hours before the 12.01 am. Wednesday deadline. Trump's import taxes would have hit about 5 per cent of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors. But the political impact would likely have been bigger than the economic one. Canada had .