Trump keeps Canada guessing
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The Canada-United States tariffs spat is already costing Canadian families quite a bit in taxes, according to a new report.
U.S. President Donald Trump will accept nothing short of "completely open markets" to American goods in other countries, his commerce secretary said Tuesday, as uncertainty continues over whether Cana
General Motors is exposed to billions in costs from the trade war. The residents of Oshawa are already paying the price.
The rate will apply in addition to individual “reciprocal” tariffs targeting countries with which the US runs a trade deficit.
Canadian aluminium smelters have started diverting primary metal away from the United States in response to the ratcheting up of import tariffs, first to 25% in March and then to 50% in June.
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Canada’s retaliatory tariffs on US goods are partially offsetting weaker revenue from corporate and sales taxes as federal government expenditures continue to rise.
Time is running out for countries to reach an agreement to avoid Donald Trump's delayed tariffs.
Canada's retail sales shrank by 1.1% in May as consumers curtailed car purchases and spent less at supermarkets, convenience stores and on alcohol, data showed on Thursday.
As Canada and the U.S. now skirmish over Trump’s tariff threats and occasional bullying, the leaders’ rhetoric reflects a striking difference between their nations. Religion plays a far more subdued role in the public sphere in Canada than in its southern neighbor.
Canada’s counter-tariffs on American imports have already cost households and businesses $1.5 billion, a figure that is forecasted to balloon to $9 billion by next April, or almost $550 per household,