Trump uses 1930s trade law to escalate tariff fight with Canada
President Trump has widened a trade dispute with Canada by invoking a U.S.
President Trump has widened a trade dispute with Canada by invoking a U.S.
The US government has been raising import taxes on goods from Canada and India, then offering to lower them in exchange for concessions unrelated to trade.
Canada has published a detailed list of new tariffs on $20 billion of American goods, including steel, dairy, fish, furniture and cosmetics, matching tariffs the United States already placed on Canadian goods.
US President Donald Trump says he will double tariffs, taxes on imported goods, on Canadian-made cars and parts to 50%, and add new tariffs on Canada starting January 2027, after trade talks in Washington collapsed and Canadian negotiators walked out.
Canadian Prime Minister Mark Carney said Canada is now 'at war' with the United States over trade, after talks between the two countries broke down.
The US and Canada had said a trade deal was nearly done, but talks broke down at the last minute.
Canada's trade minister Dominic LeBlanc says the country is close to a new trade agreement with the United States.
The US and Canada have been in stalled trade talks, with Washington threatening to raise tariffs (taxes on imported goods) on Canadian products to 50%.
Trade talks between Canada and the United States remain stalled after Washington threatened tariffs of up to 50%.
Trade talks between the United States and Canada have stalled, and Washington is threatening tariffs of up to 50% on Canadian goods.
Washington's new tariff wall has moved the story from complaint to counter-move, with Canada threatening its 'full range' of retaliation and allies from Brussels to Canberra contesting the reasoning itself.
Trump's new tariffs of up to 12.5% on 60 countries replace levies expiring Friday, recast as a crackdown on forced-labour imports after the Supreme Court struck down his earlier measures.