Canada exempt from Trump’s sweeping reciprocal tariffs, PM Carney meeting with cabinet
- Canada and Mexico will be exempt from a 10% tariff rate as stated by the White House.
- Prime Minister Mark Carney remarked that Donald Trump's tariff regime will 'fundamentally change the global trading system.'
- Ontario Premier Doug Ford described the signals from the White House as positive concerning Canada's case.
- Canada and the United States will start negotiations on a new economic and security relationship after the upcoming election.
116 Articles
116 Articles
Trump's reciprocal tariffs: Canada retaliates with 25% duties; a 'reluctant' move, says Carney
Trump has already imposed 25 per cent tariffs on Canadian steel and aluminum. According to Carney, more tariffs are likely coming—this time targeting pharmaceuticals, lumber, and semiconductors
Trump’s ‘Liberation Day’ announcement spares Canada from ‘reciprocal’ tariffs but imposes 25% automotive tariffs, maintains steel and aluminum levies
Trump’s announcement had an immediate impact on the Stellantis assembly plant in Windsor, which announced a two-week pause on operations.
'Slight sigh of relief' from Manitoba industries as Canada exempt from most new tariffs, but fears remain
Industry leaders in Manitoba are relieved Canada is spared from the new "retaliatory" tariffs the United States levelled Wednesday on dozens of countries, but it doesn't mean the country's economy will be left unscathed.
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