Canada, tariffs

U.S.-Canada trade deficit is highest in 20 years. Does it justify tariffs?
Canada typically sells more goods and services to the United States than it buys, an issue — or non-issue, according to economists — that dates back decades.
Trump team threatens two phases of tariffs on Canada
The U.S. is threatening a two-stage tariff plan in which Canada and Mexico could get hit with initial trade penalties within days then face broader penalties this spring. In summary it's: Maybe tariffs now, and maybe more tariffs later.
Canada Faces Trade Shock as Trump Tariffs Threaten CUSMA
New U.S. tariffs on Canadian exports threaten CUSMA, forcing Canada to rethink trade strategies amid rising protectionism.
How a trade war and U.S. tariffs could hit Canada’s housing market
Canadian homebuilders are bracing for the impact of a trade war if U.S. President Donald Trump pulls the trigger on Feb. 1 with a 25 per cent tariff on goods coming from Canada.
Carney Says Canada Can Use Electricity for Leverage If US Starts Trade War
Mark Carney, the former central banker who’s running to lead Canada, said the government should be open to curbing electricity exports to the US if it needs to retaliate against tariffs from the Trump administration.
Bank of Canada prepares for a trade war
The Bank of Canada has cut the overnight rate by 25bp to 3.0%. Cumulative easing now amounts to 200bp since June. The BoC has also announced an end to its quantitative tightening programme, which had been used to shrink its balance sheet. Instead, it will restart gradual asset purchases so its balance sheet stabilises as a proportion of GDP.
The lessons for Canada, Mexico, and China from Trump's 10-hour trade war against Colombia
A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump administration.
Bank of Canada readies for a trade war sparked by possible U.S. tariffs
The Bank of Canada just delivered a quarter-point interest-rate cut that lowers its policy rate to 3%, yet it may be in a bit of a conundrum due to the uncertainty around the timing, scope and duratio
Canadian PM hopeful lays out plan to fight Trump’s tariff threats ‘where it hurts’
Chrystia Freeland, the former finance minister who is running to replace Justin Trudeau as Canada's prime minister, says her country needs to release a “retaliation list” of goods the country would ta
Crisscross Oil Trade Complicates Trump’s Plans for Canada Tariffs
Today, reporter Robert Tuttle looks at the close integration of US-Canadian oil markets and what that means for Donald Trump’s tariff plans. Among US President Donald Trump’s flurry of threats during his first week in office was a vow to impose 25% tariffs on imports from Canada.
Canada prepares for a potential Trump tariff hit this week
If Donald Trump's latest date holds, tariffs are coming for Canada at the end of this week. Businesses are bracing. Canadians are worried. And federal and provincial governments are seized with trying to prevent what would be a huge economic blow.
Canada can dodge tariffs with swift border action, says Trump’s nominee for commerce secretary
U.S. tariffs against Canada could come in two steps, with the first blow coming as early as Saturday if Ottawa can't show it ...
Canada December wholesale trade most likely up 0.1% - Statscan flash estimate
Canadian wholesale trade most likely rose 0.1% in December from November, largely driven by higher sales in the motor vehicle ...
Wisconsin businesses back Trump's China tariffs, but worry about tariffs on Mexico, Canada
The Trump administration could soon implement tariffs on China, Canada and Mexico, impacting the U.S. and Wisconsin's top ...
Bank of Canada cuts key interest rate to 3% — but says it can’t fight a possible U.S. trade war
The Bank of Canada delivered a quarter-percentage-point cut to its key interest rate on Wednesday, emphasizing Trump’s tariff ...
Trade Uncertainty Weighing on Canadian Dollar, Investment Plans
There are signs in Canada uncertainty over trade and tariffs is weighing on consumer and business confidence and on investment intentions, and the threat of levies has contributed to the recent ...
Live updates: Bank of Canada cuts key interest rate by another 25 basis points, flags tariffs as ‘major source of uncertainty’
The Bank of Canada delivered a 25 basis point cut on Wednesday as inflation remains close to 2 per cent, but the central bank ...
Canada's premiers have wanted to scrap internal trade barriers for years. Why is it hard to do?
Why is it so hard to open up interprovincial trade? CBC's The House talks to experts and former officials about Canada's new ...