Trump, Canada and Tariff
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Alcoa Corp., the largest US aluminum producer, said tariffs on imports from Canada cost it $115 million in the second quarter, showing how US President Donald Trump’s trade agenda has affected the industry.
The prime minister pledges to diversify its trading partners away from the US and prioritise the use of Canadian steel.
Trump’s tariffs have raked in a record $64 billion, but few countries are fighting back. Canada and China tried—then backed off. The rest? Mostly waiting to see what happens before the August 1 deadline.
Colorado has created a new task force with a focus on understanding the impacts of the Trump administration’s tariffs. Created in partnership with the Office of Economic Development and International Trade and other state agencies,
President Trump on Wednesday said he would be sending letters to over 150 countries as he plans a barrage of duties to take effect Aug. 1, including levies on pharmaceutical imports and semiconductors.
Canada’s steel industry fears that Chinese steel facing steep tariffs in the United States will be sent north and overwhelm the Canadian market.
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Trump Tariffs Likely Unavoidable For Canada, Says Prime Minister Mark CarneyCanadian Prime Minister Mark Carney reportedly said on Tuesday that it may not be possible for Canada to avoid U.S. tariffs. “There is not a lot of evidence right, with regards to negotiations, of any country or jurisdiction,
Tariff policies are changing so rapidly that it can be hard to keep up. Here are all of President Donald Trump's proposed, scheduled and implemented tariffs.
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