37 h. ago Trump’s tariff ‘chaos’ keeps auto sector ‘on hold,’ union says

U.S. President Donald Trump won't raise incoming steel and aluminum tariffs from 25 per cent to 50 per cent, but other planned tariffs in April are still fuelling uncertainty.

Economics

5 d. ago Trump’s temporary pause on some tariffs brings little relief to Canada

WASHINGTON — U.S. President Donald Trump’s stiff duties have been temporarily paused on some Canadian products, bringing little relief as the tariff threat continues to hang over America’s closest neighbour. Trump signed an executive order Thursday delaying tariffs on goods that meet the rules of origin requirements under the Canada-U.S.-Mexico Agreement, and lowering levies on […]

Economics

6 d. ago USMCA compliant goods now safe from Trump but U.S. tariffs remain on Canada

USMCA compliant goods will no longer be subject to U.S. tariffs on Canada after President Donald Trump issued a pause today that will take effect until at least April 2, 2025. For those unfamiliar with the acronym, USMCA is the trade agreement that exists between the United States, Mexico and Canada. It took effect back in 2020 and replaced what was previously known as the North American Free Trade Agreement (NAFTA). The agreement was formed to provide more opportunities for trade between the three countries and, according to the United States government website, provide mutual benefits for "North American workers, farmers, ranchers, and businesses."Today's update means that the United States will no longer place 25 per cent tariffs on many Canadian goods entering the country. The U.S. will not be pausing the 10 per cent tariffs on Canadian oil and other energy that is not covered under the USMCA. Canadian potash will also be subject to 10 per cent tariffs.T...

Economics

6 d. ago What it means that U.S. tariffs don't apply to USMCA compliant goods from Canada

USMCA compliant goods will no longer be subject to U.S. tariffs on Canada after President Donald Trump issued a pause until at least April 2, 2025. For those unfamiliar with the acronym, USMCA is the U.S. term for the trade agreement that exists between the United States, Mexico and Canada. It took effect back in 2020 and replaced what was previously known as the North American Free Trade Agreement (NAFTA). The agreement was formed to provide more opportunities for trade between the three countries and, according to the United States government website, provide mutual benefits for "North American workers, farmers, ranchers, and businesses."The pause means that the United States will no longer place 25 per cent tariffs on many Canadian goods entering the country. The U.S. will not be pausing the 10 per cent tariffs on Canadian oil and other energy that is not covered under the USMCA. Canadian potash will also be subject to 10 per cent tariffs.The USMCA d...

Economics

6 d. ago ‘Pissed off’: B.C. plans toll on U.S. trucks travelling to Alaska amid trade war

Eby made the announcement Thursday in Victoria, as news broke that Trump was, once again, pausing 25-per cent tariffs on Canadian goods for another month. 

Economics

6 d. ago Trump pauses tariffs on Mexican goods for month, Canada could be next

U.S. President Donald Trump took another shot at Justin Trudeau Thursday then hit the pause button on some tariffs he earlier imposed on Canadian goods. Trump rattled the prime minister’s cage with a post on Truth Social, saying Trudeau was doing a “terrible job” and accused him, — again — of using the growing trade […]

Economics

6 d. ago Doug Ford tells CNN Ontario will still retaliate to Trump's tariff 'mess' despite pause

Donald Trump is set to announce on Thursday a one-month pause on some of the tariffs he has imposed on Canada, but Ontario Premier Doug Ford remains steadfast that the province will fight on despite the pause.Ford, who has been making the rounds on U.S. network news since tariffs were first announced in February, appeared again on CNN on Thursday to discuss the temporary pause.A clip of the interview with CNN anchor Wolf Blitzer was shared by Ford on X, where the premier described the situation as a "mess" and urged Trump to "get to the table to land a deal that creates jobs and grows our economies on both sides of the border." Ford's post stressed that until such a deal is reached, "we won't relent."President Trump has created a mess. Here’s the solution: drop the threat of tariffs completely and let’s get to the table to land a deal that creates jobs and grows our economies on both sides of the border. Until then, we won’t relent. pic.twitter.com/b...

Economics

6 d. ago Trump pausing tariffs on Canadian goods under CUSMA until April 2

'I can confirm that we will continue to be in a trade war that was launched by the United States for the foreseeable future,' Trudeau said

Economics

2 w. ago Trump says U.S. will delay tariffs on Canada for at least another month

U.S. President Donald Trump announced today that tariffs against Canada will be delayed until early April.The tariffs were originally going to go into effect in February. They were then delayed by 30 days and were to kick in next week. This is the third delay.During a cabinet meeting at the White House, Trump responded to a reporter's question about whether he would continue the pause on tariffs against Canada and Mexico.Trump confirmed that he was not going to stop the tariffs due to the U.S. having "lost millions of people due to fentanyl."However, he seemingly pushed back the start date of enacting the tariffs on Canada until the spring.Trump appears to suggest tariffs on Canada have been pushed back to April 2nd (not April 1st because he's superstitious).He also adds that fentanyl is apparently once again his top issue for talks with Canada. pic.twitter.com/IIFRCFmoSX— Courtney Theriault (@cspotweet) February 26, 2025"I have to tell you that, you know, on April 2 — I...

Economics