U.S. President Donald Trump has pledged to place 25% tariffs on imports from Mexico and Canada from Feb. 1 if the two countries are not judged to be doing enough to stop the flow of fentanyl into the United States.
President Trump has threatened to impose tariffs on Canada over drug trafficking, equating it with Mexico. U.S. government reports do not support the claim.
Manitoba Premier Wab Kinew said Wednesday he still hopes Canada can avoid United States tariffs, but the country will have to respond strongly if U.S. President Donald Trump follows through on a threat to slap a 25 per cent charge on Canadian goods.
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage.
Canada's federal government has assured Alberta that it will not bear a disproportionate burden of any retaliatory tariffs imposed in response to potential US import levies.
The majority of Canada’s oil exports, largely produced in Alberta, go to the United States. And Alberta Premier Danielle Smith has flatly refused to entertain the option of cutting off that supply to American refineries if Trump slaps a 25-per-cent tariff on all Canadian goods, including gas and oil.
The Icebreaker Collaboration Effort, or ICE Pact, between the United States, Canada and Finland is meant to pool new ship construction.
United States President Donald J. Trump’s barrage of anti-immigrant policies has garnered worldwide attention, but Canada is taking a dark turn of its own.
President Trump’s likening of America’s northern neighbor to Mexico fails to compute.
ABOARD AIR FORCE ONE — President Donald Trump hasn’t been shy about sharing his thoughts since taking office, and he added a 20-minute Q&A with reporters aboard Air Force One to the mix. He held forth on everything from the color of the presidential plane to the fate of TikTok, Greenland and Canada.
The worst part about making Canada the 51st state would be absorbing its government-run, single-payer healthcare system.