Top Results For: Donald Trump Tariffs

Canadian grocery giant Metro says a fifth of its suppliers are starting to raising prices as a direct result of tariffs and counter-tariffs, and customers could start paying more.

U.S. President Donald Trump’s deadline passed without a deal. Now, Canada must manage the uncertainty of being on the outside as America makes deals or frameworks with others.

The move would likely raise the cost of electronics, autos, household appliances and other goods deemed essential for the digital age.

Even as Trump talks about America becoming rich because of his import tax hikes, federal spending keeps outpacing the revenues collected by the U.S. government.

Foreign Affairs Minister Anita Anand and Finance Minister François-Philippe Champagne are scheduled to meet with Mexican President Claudia Sheinbaum on their two-day visit.

'Yes we are having discussions with the Americans but Canadians want us to focus here at home,' Carney said after U.S. President Donald Trump raised tariffs around the world.

So far, Trump has imposed a 35 per cent tariff on all non-free trade Canadian goods, a 50 per cent levy on Canadian steel, aluminum and copper, and is threatening to bring in more.

Foreign Affairs Minister Anita Anand and Finance Minister François-Philippe Champagne met with Mexican President Claudia Sheinbaum, who managed to avoid higher U.S. tariffs.

Prime Minister Mark Carney said the federal government would continue to negotiate with the U.S. while also working on building Canada's economy.

Prime Minister Mark Carney said the federal government is 'disappointed' by the 35 per cent tariff, but said it's committed to CUSMA.

U.S. President Donald Trump said in a post that Canada recognizing Palestinian statehood would make it 'very hard' to make a trade deal with Canada.

Trump’s statement comes a day after he announced a trade deal with the EU, which would see a 15 per cent tariff imposed on most European goods being exported to the U.S.

As the U.S. increases tariffs on most Canadian goods that are non-CUSMA compliant from 25 per cent to 35 per cent, experts say consumers may lean more towards 'Buying Canadian.'

French Prime Minister Francois Bayrou took to social media to criticize the deal, which would see an across the board 15 per cent tariff on most goods from Europe.

The Prime Minister's Office says in Mark Carney's itinerary that he will be announcing new measures to lower costs for Canadians, though does not provide more information.

Shortly before Friday deadline for new tariffs beginning, Trump said he would enter into a 90-day negotiating period with Mexico, one of the nation's largest trading partners.

The White House said Trump was raising the tariff rate because Canada "has failed to cooperate in curbing the ongoing flood of fentanyl" and imposed retaliatory tariffs.

Trump said the U.S. has not 'had a lot of luck' with Canada during negotiations on a new trade and security deal, suggesting the two countries may end up with no new agreement.

The largest drops in home prices will be in Ontario and British Columbia, which are both home to some of Canada’s most expensive housing markets.

Canadian trips to the U.S. fell by almost 32 per cent in May, according to Statistics Canada, which was the fifth straight monthly decline amid the trade war.