tariffs on canadian goods

Canada's economy unexpectedly contracted by 0.1% in the first quarter, marking two consecutive quarters of decline and sparking debate over a technical recession. Prolonged U.S. tariff uncertainty and geopolitical headwinds have impacted business investment and driven up domestic prices, though some economists dispute the recession label due to a lack of widespread weakness.

President Donald Trump has threatened to increase tariffs on canadian goods after Prime Minister Justin Trudeau announced 25% duties on US products. Trudeau emphasized Canada as a close ally but issued retaliatory tariffs totaling $155 billion in response to what he described as an unjustified trade war initiated by the US.

Canadian prime minister Mark Carney launched a "Buy Canadian" policy, prioritizing domestic sourcing for national projects. This move follows a threat from US President Donald Trump to impose 100% tariffs on canadian goods if Ottawa proceeds with trade deals with China, escalating trade tensions.

Canadian Prime Minister Justin Trudeau urged citizens to support domestic products in response to US President Donald Trump's tariffs on canadian goods. Trudeau highlighted the negative impacts of these tariffs and stressed the importance of unity between the two nations. Provincial leaders and the public also expressed strong opposition to the US decision.

Donald Trump announced a 25% tariff on Canadian goods. He used his Truth Social platform to declare the tariff. Trump cited illegal immigration and drug trafficking as reasons. NDP leader Jagmeet Singh urged Trudeau to fight back. Singh stressed the importance of protecting Canadian jobs. Trump also proposed tariffs on Mexico and China.

Canada delays retaliatory tariffs on $125B of American goods to April 2, Canadian finance minister announced after US President Donald Trump decided to suspend tariffs on Canadian and Mexican imports under CUSMA. Despite the halt, 62% of Canadian exports, primarily energy-related, and half of Mexican imports still face reduced tariffs.

Canadian premiers urged Prime Minister Trudeau to strongly counter US President-elect Trump's threatened tariffs. They proposed retaliatory measures, including halting energy exports, citing US reliance on Canadian goods. Trump's tariffs, expected soon after his inauguration, are conditional on addressing drug and immigration concerns. The US imported hundreds of billions of dollars worth of goods from Canada in recent years.

Canada will eliminate tariffs on American goods covered by USMCA starting September 1. This follows a call between Prime Minister Mark Carney and US President Donald Trump. Both countries are intensifying discussions on a broader trade deal. Canada will retain tariffs on steel, aluminum, and autos. The USMCA is scheduled for review in 2026.

Canada's Prime Minister is open to resuming trade talks with the US, despite recent tariff hikes. This comes after President Trump halted negotiations following a controversial advertisement. Canada plans to continue diplomatic efforts and will also discuss global trade with China's President. The ongoing tariffs are significantly impacting Canadian industries.

Ontario Premier Doug Ford is maintaining the province's ban on American alcohol until the US removes tariffs on canadian goods or a new trade deal is reached. This decision contrasts with Prime Minister Carney's move to lift some retaliatory tariffs. Ford emphasizes protecting Ontario's steelworkers by matching US tariffs, while the alcohol ban has boosted domestic sales.

Canadian Prime Minister Justin Trudeau announced retaliatory tariffs on US goods in response to President Trump's levies on Canadian and Mexican imports set to go into effect Tuesday. Canada will impose 25% tariffs on C$155 billion worth of US goods, beginning with C$30 billion immediately and the remaining C$125 billion after 21 days.

Canada's prime minister Mark Carney denies plans for a free trade deal with China. This comes after US President Donald Trump threatened tariffs on canadian goods. Carney affirmed Canada's commitment to the CUSMA agreement, which restricts such deals with non-market economies without prior notice. Carney said recent engagements with China focused on resolving existing tariff disputes, not broader trade pacts.

Canadian Prime Minister Justin Trudeau stated that President-elect Donald Trump’s talk of annexing Canada is a distraction from his proposed tariffs on Canadian imports. Trudeau warned that such tariffs would increase prices for American consumers and reiterated that Canada would impose countermeasures. He also emphasized the harm that mutual tariffs could cause to both countries' economies.

Trudeau’s comments came amid escalating tensions with US President-elect Donald Trump, who has frequently targeted the Canadian Prime Minister with jibes and taunts. In his latest social media post, Trump referred to Trudeau as the “Governor of the Great State of Canada,” revisiting his earlier joke that Canada could become the 51st state of the United States. The comment, originally made during a dinner at Mar-a-Lago, resurfaced as Trump doubled down, suggesting that statehood might be Canada’s best option to survive the potential devastation of his proposed 25% tariffs on canadian goods.

Brown-Forman CEO Lawson Whiting criticises Canadian provinces for removing US alcohol from store shelves in response to Trump's tariffs, calling the retaliation disproportionate and worse than a tariff. The Liquor Control Board of Ontario's decision to halt US alcohol sales nearly impacts a billion dollars annually.

US President-elect Donald Trump suggested to Canadian Prime Minister Justin Trudeau that Canada become the 51st state if it cannot resolve trade and immigration issues. This proposal came during a meeting at Mar-a-Lago, where Trump threatened a 25% tariff on Canadian goods, emphasizing expectations for significant changes by January 20.