Most of Canada’s counter-tariffs on U.S. goods have now been lifted, marking a significant step toward easing trade tensions between the two countries. This encouraging progress follows months of intense negotiations aimed at restoring a smoother and more collaborative bilateral trade relationship
Canada’s counter-tariffs have rocked the very core of CUSMA, a U.S. envoy declared, accusing Ottawa of pulling the rug out from under the trade deal and stoking escalating tensions between the two countries
The steel union warns that removing counter-tariffs at this moment would be a risky gamble, especially amid rising fears that President Trump is weakening CUSMA. They stress that these protective measures are crucial to safeguarding the North American steel industry
Starting April 9, Canada will implement counter-tariffs on U.S.-made vehicles. This move targets a range of automobiles and auto parts, potentially raising prices for consumers and impacting trade relations between the two nations.
In response to recent U.S. tariffs, Canada has announced $29.8 billion in counter-tariffs targeting key American goods. This escalation in trade tensions underscores ongoing disputes and aims to protect Canadian industries amidst rising economic pressures.
