Top Results For: steel and aluminum tariffs

U.S. President Donald Trump on Monday signed a proclamation amending his Section 232 national security tariffs on some aluminum, steel and copper imports, the White House said.

Finance Canada says a remission program that pays back Canadian tariffs on U.S. steel and aluminum, and steel tariff rate quotas on some countries, will be extended to next summer.

U.S. President Donald Trump's sweeping 50 per cent tariffs are set to hit in 10 days and would be imposed on the vast majority of Canadian goods.

Canada-U.S. Trade Minister Dominic LeBlanc is in Washington, D.C., along with Canada’s chief trade negotiator Janice Charette as new U.S. tariffs loom.

Around two in five Canadian exporters said they currently export a product to the U.S. that would fall under the scope of the new incoming tariffs, a new survey said on Wednesday.

Whether Canada should use energy exports as leverage in trade talks with the Trump administration has become a point of disagreement between Canada’s premiers.

The U.S. has previously said the proposed tariffs are in response to retaliatory measures and warned they must be lifted before a deal will be reached. 

Conservative leader Pierre Poilievre says any new U.S. trade deal must remove softwood lumber tariffs. Negotiations in Washington are nearing the Aug. 19 deadine for an agreement.

As tariffs continue to bite into the Canadian economy, a recent survey found the majority of large and mid-sized businesses have adjusted prices because of those additional costs.

Industry insiders say companies are opting to wait and see as the clock ticks down on U.S. President Donald Trump's latest tariff deadline.

The distance on a potential deal comes after a week of negotiations in Washington between Canadian and U.S. officials, labelled by multiple sources as constructive.

Canada’s approach for a trade deal with the United States includes 'comprehensive' discussions on all sectors, not just on a few specific sectors, Prime Minister Mark Carney said.

The new tariff will take effect in 30 days and will apply to goods covered by the Canada-U.S.-Mexico Agreement on free trade, an administration official said.

Last month, the Trump administration proposed that tariffs of 10 per cent or more be imposed on products from dozens of major trading partners after a probe into forced labour.

'He [Trump] keeps talking about how the world takes advantage of the U.S., so rather than presenting himself as the bully, he's the defender.'

Alberta Premier Danielle Smith said Carney is treating the tariff threat with the urgency it deserves, noting the countdown to Aug. 19 when the duties are set to take effect.

Canada's economy was in a trade surplus for the third straight month in May and exports were up for the fourth month, Statistics Canada reported Tuesday.

Canada "remains committed to working closely with the United States to eradicate forced labour from global supply chains," a written submission reads.

CUSMA remains in place unless one of the partners gives six months' notice that it is pulling out. Canada and Mexico both have indicated they want to keep the deal in place.

The Canadian government says uncertainty remains over next steps after the Trump administration decided to require annual reviews of the Canada-United States-Mexico Agreement.