canada trade - Search News

Trump, Canada

TORONTO — Roughly $900 billion in annual trade between Canada and the United States — and with it, traditionally chummy bilateral ties — is on the brink of upheaval, with President Donald Trump threatening to impose sweeping tariffs on Canada as early as this weekend.

The New York Times · 8h

Trump Calls Canada a Big Player in the Fentanyl Trade. Is It?

President Trump has threatened to impose tariffs on Canada over drug trafficking, equating it with Mexico. U.S. government reports do not support the claim.

Retail Insider · 1d

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.

Bank of Canada cuts rates

Yahoo Finance · 21h

Bank of Canada cuts rates as it warns trade war 'would badly hurt economic activity in Canada'

“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher cost of imported goods will put direct upward pressure on inflation,” Bank of Canada Governor Tiff Macklem said in a prepared opening statement on Wednesday.

Global News · 21h

Bank of Canada cuts key rate with ‘trade war storm’ on horizon

The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.

Reuters on MSN · 1d

Bank of Canada cuts rates, says tariff war could be very damaging

The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage.

2don MSN

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 ...

18h

Trump commerce nominee says Canada, Mexico can avoid tariffs, vows stronger China tech curbs

President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can ...

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 ...

CBC.ca5d

Canada's premiers have wanted to scrap internal trade barriers for years. Why is it hard to do?

As the premiers discuss the threat of U.S. tariffs, many are saying they need to strengthen trade between provinces. (Sean Kilpatrick/The Canadian Press) Canada's premiers and federal officials ...

27m

Canada’s electric vehicle industry is facing existential threats — here’s how it can still flourish

Adding to these international headwinds are three other obstacles within the EV industry: high costs, limited battery range and sparse battery charging infrastructure. These concerns continue to ...