Ottawa: US President Donald Trump’s proposed tariffs on Canada could trigger an unexpected crisis in America, leading to panic-buying seen at the beginning of the coronavirus pandemic. The Trump administration’s plan to almost double duties on Canadian softwood lumber could disrupt the supply chain for something nobody wants to be caught without– toilet paper. Trump … Read more
Washington, DC: US President Donald Trump’s long-threatened tariffs against Canada and Mexico went into effect Tuesday, putting global markets on edge and setting up costly retaliations by America’s northern allies. Starting past midnight, imports from Canada and Mexico are now to be taxed at 25 per cent, with Canadian energy products subject to 10 per … Read more
Washington, DC: As US President Donald Trump’s tariff hike for Mexico, Canada, and China kicks in on Tuesday, Ottawa and Beijing are already ready with countermeasures aimed at safeguarding their rights and interests. Canada will slap tariffs on US imports beginning Tuesday in response to levies pledged by America, Prime Minister Justin Trudeau said on … Read more
New Delhi: Stock markets across the globe sank after US President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Trump’s comments made on Monday struck fears of a trade war in North America and sent financial markets reeling. The US stocks tumbled sharply in late afternoon trading, … Read more
Washington, DC: US tariffs on Canada and Mexico will go into effect on Tuesday (March 4), as originally planned, but President Donald Trump would determine whether to stick with the original 25 per cent level, America’s commerce secretary, Howard Lutnick, said on Sunday. “There are going to be tariffs on Tuesday on Mexico and Canada. … Read more
Washington: US tariffs on Canada will be paused for 30 days, Prime Minister Justin Trudeau said Monday after a call with President Donald Trump in which Trudeau pledged stronger border measures to stop crossings of migrants and illicit drugs. “I just had a good call with President Trump,” Trudeau said on X, adding that Canada … Read more