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Canada among Trump's ‘friendly’ countries — for now — as next tariff deadline looms

In March 2025, uncertainty loomed due to an upcoming U.S. Tariff deadline amid a trade war initiated by then U.S. President Donald Trump, who pledged sweeping duties on imports from across the globe, including Canada.
This situation was aggravated by existing issues with heavy-duty parts supply and lessons learned during the COVID-19 pandemic, as well as reciprocal tariffs between America and Canada that were expected to impact vehicle parts supply and pricing.
The evolving tariff threats had already chilled investment and frozen hiring decisions, leading some companies to cancel new product launches and TFI International, the country's biggest trucking company, to withhold financial forecasts.
According to Matthew Holmes, head of public policy at the Canadian Chamber of Commerce, companies experienced a surge in business before the tariff, followed by a sharp decline after it hit, while Goldy Hyder, CEO of the Business Council of Canada, stated, "Nobody knows what the heck is going on."
Economists and the Bank of Canada predicted a potential recession if sweeping tariffs took effect, although negotiations for a new economic and security relationship were announced, offering some hope for stability, with vehicles containing 50% U.S.-made parts potentially exempt from tariffs.

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windsornewstoday.ca

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Lean Left

Is Canada experiencing a U.S. destabillization campaign?

One might forgive Canadians if they wonder if the Americans have engaged in a destabilization program against their closest allies and purported best friends.

1 month ago·Kemptville, Canada

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Toronto Sun

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Canada among Trump’s ‘friendly’ countries — for now — as tariff deadline looms

MONTREAL -- Uncertainty reigns ahead of a looming U.S. tariff deadline next week, with businesses stuck in a holding pattern that has halted capital investment, hiring and financial forecasts at some firms amid a trade war where the next steps -- and even who counts as a friend -- remain foggy.

1 month ago·Toronto, Canada

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