Us-canada

Canada rebuilds trade ties with Asia to counter Trump's tariff plan

In the past three months, Carney has signed a trade deal with Indonesia, moved to boost Canada's gas exports to Asia, and shortlisted a Korean firm for a submarine contract worth tens of billions

Trump adds 10% import tax on Canada for not pulling anti-tariff ad sooner

President Donald Trump said on Saturday that he plans to hike tariffs on imports of Canadian goods by an extra 10 per cent because of an anti-tariff television ad aired by the province of Ontario. The ad used the words of former President Ronald Reagan to criticize U.S. tariffs, angering Trump who said he would end trade talks with Canada. Ontario Premier Doug Ford said he would pull the ad after the weekend, and it ran Friday night during the first game of the World Series. Their Advertisement was to be taken down, IMMEDIATELY, but they let it run last night during the World Series, knowing that it was a FRAUD, Trump said in a post on his Truth Social platform as he flew aboard Air Force One to Malaysia. "Because of their serious misrepresentation of the facts, and hostile act, I am increasing the Tariff on Canada by 10% over and above what they are paying now. It was not immediately clear when the 10% hike would come into effect, nor whether it would apply to all Canadian ...

Trump not planning to meet Carney amid ongoing spat over Canada trade ad

Shortly before departing, Trump called the commercial "dishonest" and panned the decision to keep airing it during US broadcasts of the World Series

Trump's no. 1 Canadian enemy: Doug Ford embraces his role as antagonist

Ford said the ad will be paused from Monday to allow trade talks to resume but will still air over the weekend during the first two World Series games in Toronto

Trump terminates trade talks with Canada after TV ad protests US tariffs

The announcement came after Canadian Prime Minister Mark Carney said he aims to double his country's exports to countries outside the US because of the threat posed by Trump's tariffs

Canada aims to double non-US exports in a decade amid Trump tariff impact

Prime Minister Mark Carney set a goal for Canada to double its non-US exports in the next decade, saying American tariffs are causing a chill in investment. Carney, who will release his government's budget on Nov 4, said Wednesday many of Canada's former strengths based on close ties to America have become vulnerabilities. The jobs of workers in our industries most affected by US tariffs autos, steel, lumber are under threat. Our businesses are holding back investments, restrained by the pall of uncertainty that is hanging over all of us, Carney said. US President Donald Trump has been threatening Canada's economy and sovereignty with tariffs, most offensively by claiming Canada could be the 51st state. Carney reiterated in an evening address to Canadians that the decades-long process of an ever-closer economic relationship between the Canadian and US economies is now over. "The US has fundamentally changed its approach to trade, raising its tariffs to levels last seen during

Canada's PM discusses reviving contentious Keystone XL pipeline with Trump

Canadian Prime Minister Mark Carney raised the prospect of reviving the contentious Keystone XL pipeline project with US President Donald Trump during his White House visit this week, a government official familiar with the matter said Wednesday. A Canadian company pulled the plug on it four years ago after the Canadian government failed to persuade then-President Joe Biden to reverse his cancellation of its permit on the day he took office. It was to transport crude from the oil sand fields of western Canada to Steele City, Nebraska. Trump previously revived the long-delayed project during his first term after it had stalled under the Obama administration. It would have moved up to 830,000 barrels (35 million gallons) of crude daily, connecting in Nebraska to other pipelines that feed oil refineries on the US Gulf Coast. The Canadian government official said Trump was receptive to the idea when it was talked about during their White House meeting Wednesday. The official said Carney

Carney calls Trump 'transformative' prez for 'stopping' India-Pak conflict

Mark Carney has now joined the list of leaders who have praised Trump's efforts in bringing 'peace' between India and Pakistan

India hit with 50% tariffs: How countries are reacting to Trump's trade war

India slammed Trump's 50% tariff as unjustified; Canada, Brazil, and China also face new US trade actions, prompting strong backlash, WTO threats, and fresh retaliation

Key exemption allows most Canadian, Mexican goods to enter US tariff-free

US President Donald Trump raised the tariffs on Canadian goods to 35 per cent last week, but a key exemption for Canada and Mexico shields the vast majority of goods from the punishing duties. Goods that comply with the 2020 United States-Mexico-Canada Agreement trade pact that Trump negotiated during his first term are excluded from the tariffs. Here is a look at Trump's tariffs on the two countries and their exemptions: Most Canadian exports reaching the US duty free Canada's central bank says 100 per cent of energy exports and 95 per cent of other exports are USMCA compliant. The Royal Bank estimated that almost 90 per cent of Canadian exports appear to have accessed the US market duty free in April. Canadian Prime Minister Mark Carney said the commitment of the United States to the core of USMCA, reaffirmed again last week, means the US average tariff rate on Canadian goods remains one of its lowest, and over 85 per cent of Canada-US trade continues to be tariff free. "Canada

Trump orders trade tariffs on 68 nations: Who has a deal and who doesn't

Donald Trump signs order imposing tariffs on 68 countries and EU from August 7; while some nations secured last-minute trade deals, many - including India and Canada - face steep new duties

Trump likely to impose 10-15% tariff rates for more than 150 countries

In an interview with Real America's Voice on Wednesday, Trump said that his administration has not yet decided on the rate yet, adding that it would probably be 10 or 15 per cent

Trump imposes 35% tariff on Canadian imports to US, effective August 1

Trump imposes 35% tariff on Canadian imports from August 1, warns of escalation if Ottawa retaliates; move part of broader push for blanket tariffs on multiple trade partners

Canadian PM Carney responds to Trump's fentanyl claim for new tariff rates

In a letter sent to the Canadian Prime Minister, US President Donald Trump said the tariffs were in response to the alleged trade barriers and retaliatory actions

Donald Trump floats 15 or 20% blanket tariffs on most trading partners

Dismissing concerns about the negative impact of tariff hike on stock markets, Trump said he believed the tariffs had been well-received and said the stock market had reached a new high that day

Nissan suspends US production of three vehicle models sold in Canada

Nissan said its top-selling vehicles in Canada, such as the Versa, Sentra and Rogue, were all sourced from either Mexico or Japan, accounting for 80 per cent of its Canadian sales

Canada will scrap tax that prompted Trump to suspend trade talks

The government said on Sunday night that it would cancel its tax on American technology companies, handing a victory to the Trump administration

Canada resumes trade talks with US following suspension of tech tax plan

Canada withdraws digital tax on US tech firms, prompting resumption of trade talks with Washington; Mark Carney, Donald Trump aim to meet July 21 deadline set during G7 Summit in Kananaskis

Pakistani man extradited to US for plotting attack at Jewish centre in NYC

Muhammad Shahzeb Khan allegedly conspired to carry out a mass shooting at a Brooklyn Jewish centre on the Hamas attack anniversary, in support of Islamic State

Canada to hit Nato spending target early, reduce reliance on US: PM Carney

Canada will meet NATO's military spending guideline by early next year and diversify defence spending away from the United States, Prime Minister Mark Carney said Monday, asserting that Washington no longer plays a predominant role on the world stage. The announcement means Canada will achieve NATO's spending target of 2 per cent of gross domestic product five years earlier than previously planned. Our military infrastructure and equipment have aged, hindering our military preparedness," Carney said. Only one of our four submarines is seaworthy. Less than half of our maritime fleet and land vehicles are operational. More broadly, we are too reliant on the United States. According to NATO figures, Canada was estimated to be spending 1.33 per cent of GDP on its military budget in 2023, below the 2 per cent target that NATO countries have set for themselves. Canada previously said it was on track to meet NATO's target by the end of the decade. Our goal is to protect Canadians, not to