Canada still studying Trump's latest trade attack: Carney
Carney said the new U.S. measures are relatively modest and that retaliation will depend on whether it protects Canadian companies and workers.
- On Thursday in Banff, Canadian Prime Minister Mark Carney indicated Canada may hold off on further retaliation against President Donald Trump's latest trade measures, calling them "relatively modest" compared to earlier actions.
- Washington escalated the trade dispute Tuesday by banning Canadian motorcycles and alcohol, following an August impasse where Trump imposed 50% tariffs on nearly $28 billion in goods, straining the partnership.
- Ministers gathering at a cabinet retreat in Banff are prioritizing domestic procurement to reduce reliance on the United States, including a ban on U.S. goods for contracts over $5 million starting October 1.
- Ontario Premier Doug Ford adopted a confrontational tone Thursday, hoping voters punish Republicans in midterm elections while announcing expanded provincial support programs for affected industries.
- Scotiabank economist Derek Holt suggests the measures appear to be an attempt to "save face" rather than major escalation, while Carney maintains regular contact with the president regarding global developments despite tensions.
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79 Articles
In answer to Trump’s trade war, Carney advances Canada’s own imperialist agenda
At the centre of Carney’s “pivot” away from the Trump-led US is the push to intensify worker exploitation and forge closer ties with the European imperialist powers, as they rapidly rearm to pursue war on Russia.
Working people have no interest in backing their rulers’ trade wars
MONTREAL — “When the acrimonious trade talks between Washington and Ottawa broke down Aug. 21, Prime Minister Mark Carney proclaimed: ‘We are at war.’ It wasn’t entirely an exaggeration,” Steve Penner, the organizer of the Communist League in Canada, told…
Industries point to gains, leverage under Trump's Canadian tariffs
President Trump's tariffs on Canada are creating clear winners and uneasy allies, with steel and lumber producers embracing the protection while alcohol and dairy groups see the levies as a bargaining chip to push Ottawa to the negotiating table.
Carney: Latest Trump trade moves ‘relatively modest’
Canadian Prime Minister Mark Carney said Thursday President Trump’s latest round of tariffs is “relatively modest” compared to the United States’ past moves. When talking with reporters at a cabinet retreat in Banff, Alberta, Carney was asked if Canada was going to retaliate to added U.S. tariffs. Carney said that this government was analyzing the…
On Tuesday, Donald Trump took his next move in the trade war between the United States and Canada.
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