State of economywide tariffs on Canada unclear as Trump’s global trade war escalates
- US President Donald Trump is set to announce new tariffs affecting global trading partners on April 2, impacting cost and trade dynamics immediately after the announcement.
- Mr Trump's tariff plans aim to equalize US and foreign tariffs while generating uncertainty among businesses and investors prior to the announcement.
- In response to Trump's tariffs, trading partners, including Canada and Mexico, have vowed to retaliate, raising concerns over potential price increases and economic impacts.
- Economic analysts warn that the proposed tariffs could significantly increase household costs in the US and disrupt global trade, with predicted negative effects across various industries.
28 Articles
28 Articles
Sweeping reciprocal tariffs from Trump, however impact on Canada unclear. Follow live updates.
Saying 'our country has been looted, pillaged, raped, plundered' by other nations, U.S. President Donald Trump announced sweeping new tariffs in his announcement on so-called 'Liberation Day' Wednesday. However it was not immediately clear how Canada was impacted.
'Significant political rift': Trump faces possible defeat in first tariff test
President Donald Trump’s midnight rant attacking four top Republican Senators appeared to reveal the President’s first big tariff test—on “Liberation Day” Wednesday, the day he is unveiling what is expected to be a highly unpopular global tariffs package—is off course, and may ultimately fail.Democrats have proposed legislation to block Trump’s tariffs on Canada, one of America’s largest and oldest trading and military partners, by declaring Tru…
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