Eric Ham: Donald Trump’s latest trade salvo raises the stakes for Canada
CANADA, JUL 14 – President Trump targets transshipping loopholes with 35% tariffs on Canadian imports, risking job losses and economic disruption on both sides, officials warn.
- President Donald Trump announced plans to impose a 50% tariff on all copper imports starting August 1, affecting Canada and others.
- This tariff threat comes amid on-again-off-again U.S.-Canada trade talks and a broader escalation including a 35% tariff increase on Canadian goods by August 1.
- Trump's intensified focus on transshipping targets goods rerouted to bypass tariffs, a practice impacting significant portions of imports with substantial Chinese content.
- Trade lawyer Ted Murphy noted China's Commerce Ministry warned of “resolute countermeasures” in response to perceived supply chain exclusion, reflecting broader international tension.
- These tariff measures deepen uncertainty for businesses and consumers, raising concerns about economic damage and complicating prospects for reaching lasting trade agreements.
11 Articles
11 Articles
Trump's Tariff Tactics: The Art of the Deal or Dealbreaker?
President Trump intensifies his trade tactics by threatening increased tariffs on goods from several countries, including Canada and Brazil. His actions highlight unpredictability, trading volatility for perceived strength. Many nations, facing these shifts, are considering alternative economic alliances, potentially diminishing U.S. trade influence.
Eric Ham: Donald Trump’s latest trade salvo raises the stakes for Canada
U.S. President Donald Trump continues to weaponize import duties, bullying nations to agree to hastily enacted trade deals that fall woefully short of addressing even the most basic tenets of his perceived gripes, writes Washington political analyst Eric Ham in his column for CTVNews.ca
Protected: Restoring Canada Special SeriesPart VIII: The Trump Tariffs and Canada’s History as a Trading Nation
Prime Minister Mark Carney recently declared that, “Canada is the most European of non-European countries.” With Chile, Argentina and Australia (among many others) likely to object to such a characterization, Peter Shawn Taylor’s counterclaim that Canada is the “most U.S. of all non-U.S. countries” seems a much safer bet, given the centuries of shared history, geography, culture and trade. In this latest installment of C2C Journal’s Restoring Ca…
Canada implements interim reciprocal procurement to protect Canadian businesses from unfair trade practices - Caribbean News Global
GATINEAU, Canada – As Canada’s new government negotiates a new economic and security partnership with the United States, it is also taking action to protect Canadian workers and businesses from unfair trade practices. On Monday, Joël Lightbound, minister of government transformation, public works and procurement announced that the government has implemented a new Interim Policy on Reciprocal Procurement. Under this new policy, suppliers from cou…
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