US EditionTrudeau announces summit Friday to address U.S. tariff conflict
- Prime Minister Justin Trudeau has called an economic summit to address concerns over U.S. tariffs on Canadian imports and to explore trade diversification.
- The proposed 25% tariff on Canadian imports has been temporarily suspended for 30 days as negotiations continue.
- Suncor Energy is positioned to handle potential tariffs due to its production strategy, which includes refining within Canada.
- Bank of Canada Governor Tiff Macklem has expressed concerns that the threat of tariffs can impact economic behavior, affecting investments and spending.
48 Articles
48 Articles
Canada's economic crossroads: navigating the turbulence of U.S. tariff threats
In the intricate web of global trade, few relationships are as deeply intertwined as that between Canada and the United States. With approximately 77% of Canadian exports destined for its southern neighbor, any tremor in U.S. trade policy sends ripples acr...
Justin Trudeau to host Canada-U.S. summit amid threat of Trump tariffs
OTTAWA — Prime Minister Justin Trudeau will host a Canada-U.S. economic summit in Toronto on Friday, days after United States President Donald Trump said he would hold off on his threatened tariffs against Canada for a month.
Trudeau to host last minute Canada-U.S. summit amid threat of Trump tariffs
The Prime Minister's Office says the event will assemble Canadian trade and business leaders, along with organized labour, to discuss strategies to grow the economy, break down internal trade barriers and diversify exports.
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