Deadline looms as Trump's 50 per cent tariffs set to take effect
Eighty per cent of Manitoba honey is exported, and beekeepers warn a 50% tariff could leave them with a surplus if U.S. sales stall.
- On Wednesday, the Trump administration's 50 per cent tariffs on Canadian imports take effect, following United States claims of "discriminatory" measures after provinces boycotted American alcohol.
- Citing "discriminatory" provincial boycotts of American alcohol, the United States escalated trade friction that now threatens Canadian exporters. Industry leaders warn prolonged tariffs could raise prices, echoing past softwood lumber disputes.
- Managing partner Luke Shaheen of Crazy Ape Extreme Equipment reports new customs paperwork creates an "administrative burden." "It's taxing on our entire team," Shaheen said, noting the company will pivot to other markets if tariffs persist.
- Manitoba beekeepers like Mark Friesen warn of a market "glut" if exports to the United States stop. Hannigan, who sells 25 per cent of product to the United States, noted competition from India and Vietnam undermines Canadian access.
- CEO Carl Neggers noted forest products have historically faced lobbying by United States lumber associations. Despite winning three court challenges against countervailing tariffs, the industry remains embargoed, suggesting exporters face a difficult road ahead.
13 Articles
13 Articles
Trump’s 50% tariffs on $28B in Canadian goods set to take effect
U.S. President Donald Trump's latest tariff threat on $28 billion worth of Canadian goods is set to take effect just after midnight. A spokesperson from the Prime Minister's Office confirmed Prime Minister Mark Carney spoke to Trump by phone Monday afternoon, but did not share any other details. At an event in St. John's Monday before that call took place, Carney said in French that the federal government has a plan that "will cover all eventual…
The U.S. and Canada are holding last-minute negotiations to block Trump’s 50% tariffs
The U.S. and Canada are negotiating in an effort to reach a truce on tariffs before a 12:01 a.m. Wednesday deadline set by U.S. President Donald Trump.If no deal is reached, Trump has threatened to impose 50% tariffs on $20 billion worth of Canadian products, ranging from hockey sticks to tongue depressors.“We are negotiating,” Canadian Prime Minister Mark Carney told reporters Monday, speaking in French. “The negotiations are very intense and d…
There are less than 24 hours left before the deadline set by US President Donald Trump for the imposition of new tariffs.
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