'We Will Not Back Down': Trudeau Announces Steep Canadian Tariffs to Retaliate Against Trump
5 Articles
5 Articles
Trump’s 50 percent tariff bombshell sparks cross-border chaos, industry panic, and fears of a new trade war with Canada
President Trump's decision to double tariffs on steel and aluminum imports has sparked concerns in Canada, with warnings of mass disruption to supply chains. The Canadian Steel Producers Association urges immediate retaliatory measures to protect domestic markets. Workers in both countries face uncertainty as a potential trade war looms, impacting livelihoods and communities dependent on steel production.
Local businesses say effects of U.S. tariffs not as big as expected
Back in early March, businesses were bracing for the impact of tariffs coming from the United States, concerned about the impact they would have on the Canadian economy. But today, local business are saying the impacts of the tariffs have…
Update: U.S. House Tax Bill Impacting Canadian Businesses
On July 4, 2025, President Trump signed the “One Big Beautiful Bill” into law (review original article). Of particular note for Canadian stakeholders is the exclusion of Section 899, also known as the “revenge tax.” This provision targeted residents of countries with discriminatory tax policies—such as Canada’s former Digital Services Tax (DST)—and threatened to disrupt existing treaty benefits and preferred withholding rates. After sustained op…
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