The United States may not reach a negotiated trade deal with Canada, U.S. President Donald Trump said on Friday.
Category: Blog
With just a week to go until U.S. President Donald Trump’s threatened date for boosting tariffs on some Canadian exports to 35 per cent, Canada’s top trade negotiators are downplaying the likelihood of reaching a deal by that deadline.
The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.
Japan trade deal sparks hope for U.S. investors, and frustration for automakers who face higher tariffs on Mexico and Canada imports.
New data from the Canadian Food Inspection Agency and a CBC News investigation suggest ongoing problems with country-of-origin signage in Canadian grocery stores. CBC also found questionable Canadian branding in some stores.
From accommodations to flights, many Canadians may be noticing higher prices for domestic travel this season. And that’s likely because of increased demand, say industry experts who note more Canadians are opting for summer trips at home instead of travelling to the U.S.
Canadian exporters across a wide range of industries have a way to escape U.S. President Donald Trump’s blanket tariffs. That escape hatch is compliance with the Canada-U.S.-Mexico Agreement (CUSMA), the three-way free trade deal signed by Trump back in 2018.
The prospect of Canada reaching a trade deal with the United States by the Aug. 1 deadline appears uncertain, with Prime Minister Mark Carney insisting his government will only sign new agreement if there is one worth signing.
U.S. Commerce Secretary Howard Lutnick dismissed the question of whether U.S. free trade with Canada is dead, calling the notion “silly” because a substantial amount of Canadian goods enter the U.S. tariff-free under the North American free trade deal. But he also said tariffs are here to stay, at least for now
The British Columbia billionaire seeking to acquire dozens of former Hudson’s Bay leases held a job fair in Toronto this weekend, despite not yet leasing the retail spaces in the city.