Canada, tariffs
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New 50% tariffs on Canadian goods are scheduled to take effect at midnight
New tariffs on Canadian goods are set to take effect at midnight tonight unless ongoing talks between President Trump and Canadian Prime Minister Mark Carney and their teams yield a path to averting the new duties.
Canada is seeking a deal to dodge further economic pain at the hands of the Trump administration on midnight Tuesday. But at what cost?
New 50% tariffs on Canadian goods are set to kick in Wednesday — and economists warn American consumers could feel it at the store. Here's what you need to know. đŸ‘‡
Consumers in Canada will likely feel the impact of new tariffs, experts warn, as cost increases for goods crossing the border ripple through the economy.
Canada is facing a fresh volley of US tariffs on $20bn worth of goods — and its top brass are pulling out all the stops to avert it. The nation faces a deadline tomorrow to stop or reduce 50 per cent tariffs on exports ranging from hockey sticks to liquor, a tall task amid strain between the bordering North American countries.
The new levies come after the Supreme Court struck down most of the Administration’s previous tariffs.
Prime Minister Mark Carney spoke over the phone with Donald Trump on Monday ahead of the U.S. president’s tariff deadline.