Trump, trade accords
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Carney, Canada and trade negotiations
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Recent pacts with Britain, Europe and Japan mean that autos exported from those countries and regions face lower U.S. tariffs than Canadian vehicles do.
Politicians and industry leaders have long pushed to remove barriers to interprovincial trade. Trump’s tariffs are giving the effort new momentum.
Under the United States-Mexico-Canada free trade pact (USMCA), which the Trump administration has confirmed remains in place, Canada and Mexico can export chocolate to the U.S. tariff-free no matter where they sourced their inputs of cocoa - a tropical crop that does not grow in the United States.
As U.S. President Donald Trump's threat to increase tariffs on non-CUSMA-compliant Canadian goods on Aug. 1 looms, Republican Sen. Kevin Cramer tells Power & Politics he's 'encouraging' Trump to 'extend the deadline if a deal isn't made' with Canada by Friday.
President Donald Trump arrived in Scotland on Friday to visit both his Turnberry and Aberdeen golf properties.
The Trump administration has softened its stance toward China, allowing the sale of AI chips and cancelling meetings with top Taiwanese officials.
Companies, consumers and foreign countries have been paying close attention to President Donald Trump’s aggressive policy of placing tariffs on foreign goods. Soon, the courts will weigh in on whether Trump has the power to levy those tariffs in the first place — a high-stakes legal battle that will either affirm a key pillar of Trump’s economic policy or cut it off at the knees.
President Donald Trump will make his trade deal decisions this week even as separate negotiations with China and the European Union continue, U.S. Commerce chief Howard Lutnick said on Tuesday ahead of Trump's self-imposed Aug.