Canada Plans Tariff Retaliation if Trump Escalates Trade War
Canada imported $320 billion in U.S. goods in the first 11 months of 2024, nearly equaling the European Union’s $341 billion. A U.S. 25% tariff could reduce Canada’s GDP by up to 3.8%, with retaliatory tariffs amplifying the impact to as much as 5.
Wolfgang Alschner, an associate professor in international economic law at the University of Ottawa, said the current ...
Canada’s trade surplus with the US widened as did its deficit with the rest of the world, underscoring the major role its ...
Canada recorded a ninth consecutive monthly trade deficit in November, albeit smaller than expected, as exports rose faster ...
China says it’s willing to deepen economic relations with Canada as this country’s trading relationship with the United ...
U.S. President-elect Donald Trump has justified his threat of 25 per cent tariffs on Canada by pointing to the U.S. trade deficit. Top Canadian economists have a response to that: it’s all because ...
U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information ...
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