US EditionCarney had no advance notice of U.S. tariff hike, official says
Canada signals willingness to continue talks after U.S. imposed 10% tariff triggered by Ontario ad, despite halted negotiations and no prior notice to Prime Minister Carney.
- On Saturday, U.S. President Donald Trump announced an additional 10 per cent tariff on Canada, and a senior government official says Canadian Prime Minister Mark Carney had no advance notice.
- The Ontario government ran an anti-tariff ad featuring former U.S. President Ronald Reagan in U.S. markets during the World Series as part of the $75-million campaign launched earlier this month, and the province said it would remove the ad on Monday.
- Tariff data show Canada faces a base rate of 35% with exemptions under USMCA, plus sector-specific rates of 50% on steel and aluminum and 25% on most foreign autos with partial exemptions.
- Ottawa says it stands ready to resume negotiations and maintain dialogue, a stance reflected by Prime Minister Mark Carney and Trade Minister Dominic LeBlanc after talks were halted Thursday.
- Carney is in Asia to diversify trade and aims to double exports to non-US markets over the next decade after weeks of negotiations, including an Oct. 7 White House visit, with both sides making headway in recent weeks.
14 Articles
14 Articles
Carney pushes back on provinces spoiling for a fight with Trump
(Bloomberg) — Canadian Prime Minister Mark Carney’s government appeared to distance itself from the Ontario premier’s interventions on trade following US President Donald Trump’s decision to increase tariffs because of an Ontario government television ad.
Canada ‘Stands Ready’ to Continue Trade Talks With US, Carney Says as Trump Raises Tariffs
Prime Minister Mark Carney reiterated that Canada is ready to resume trade talks with the United States following an Oct. 25 announcement by U.S. President Donald Trump that he will raise tariffs on Canadian goods by 10 percent, “over and above what they are paying now.” Speaking to reporters in Kuala Lumpur, Malaysia, where he attended the 47th Association of Southeast Asian Nations (ASEAN) Summit on Oct. 26, Carney said his team is “ready to w…
Explained: How Mark Carney is trying to reassure Canadians after Trump’s tariff threats
Canada's Prime Minister Mark Carney is projecting calm after US President Donald Trump imposed a 10% tariff hike on Canadian imports, triggered by a provincial ad. Carney aims to reassure Canadians and signal to the US that Ottawa won't be bullied, while emphasizing trade diversification ...
Carney Gives Muted Response to Trump's Pledge to Hike Tariffs
(Bloomberg) — Canadian Prime Minister Mark Carney offered a terse response to President Donald Trump’s promise to further hike tariffs on Canadian goods, saying just that his government is prepared to resume trade talks with the US at any time.
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