25% Tariffs on Mexican, Canadian Goods to Raise Prices
US President Trump's 25% tariffs on Mexican and Canadian imports will increase costs for consumers, affecting goods from produce to vehicles.
Category : International Trade
U.S. Spirits Exports to Canada Drop 63% in Trade War
American spirits exports to Canada fell 63% in 2025 as most provinces banned U.S. booze in retaliation for tariffs, according to industry testimony.
U.S. Anticipates $35.5B in Tariff Refunds by May 11
The U.S. expects to issue $35.5 billion in tariff refunds as of May 11, impacting trade relations and businesses awaiting reimbursements.
Canada Invests $2M in Philippines-U.S.-Japan Economic Hub
Canada commits $2 million to a trilateral economic initiative with the Philippines, U.S., and Japan, aiming to boost regional trade and investment ties.
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Canada Targets Free Trade Pacts with Philippines, ASEAN This Year
Canada aims to finalize free trade agreements with the Philippines and ASEAN this year, seeking to diversify trade amid geopolitical shifts. Minister Maninder Sidhu also announced joining the Luzon Economic Corridor.
Trump, Xi De-escalate Trade War, Summit Challenges Loom
President Trump and President Xi have dialed down the trade war, but significant challenges remain ahead of their upcoming summit in China.
China April Exports Jump 14.1% Before Trump-Xi Summit
China reports a 14.1% year-over-year increase in April exports, signaling economic strength ahead of a critical summit between President Trump and President Xi.
Trump's 90-Day Trade Deal Challenge: Markets Skeptical
President Trump's 90-day pause on reciprocal tariffs sets a tight deadline for complex trade deals with dozens of countries, but financial markets remain doubtful.
US Officials Report Progress in China Trade Talks
Top US officials emerged from China trade talks in Geneva, touting 'substantial progress' and a potential deal. The discussions signal a thaw in trade tensions.
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US Trade Chief Confident Trump Will Win Tariff Appeal
U.S. Trade Representative Jamieson Greer says the Trump administration will likely succeed in appealing a court ruling against temporary tariffs, citing strong legal grounds.
Quebec Rep: Canada Must Counter U.S. Stalling Perception
Quebec trade envoy Louise Blais warns that Washington believes Canada is slow-walking trade talks, urging Ottawa to act quickly to maintain goodwill and keep negotiations on track.
Canada must speed up trade talks to counter US perception
Quebec's CUSMA envoy Louise Blais warns that Washington believes Canada is stalling trade talks, eroding goodwill. She urges faster action but rejects unilateral concessions.
Trump Gives EU July 4 Deadline for Trade Deal or Tariffs
President Trump sets July 4 deadline for EU to ratify trade deal, threatening higher tariffs if not finalized. Ursula von der Leyen reports good progress.
Trump's Tariff Pause Expires: Confusion Looms
As Trump's reciprocal tariff pause expires, businesses face uncertainty. Markets react, and global trade tensions escalate.
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Canada Faces Major Backlog in Tariff Relief Requests
Finance Canada is struggling with a large backlog of tariff relief requests, according to internal documents. The delays are raising concerns among businesses.
US trade tensions may persist: ex-Canada negotiator
Former chief trade negotiator Steve Verheul says Canada and the U.S. remain far apart on trade, with the July CUSMA review likely to pass without major progress.
Ban on U.S. liquor drops Canadian imports sharply
Canada's ban on U.S. liquor has led to a significant decline in imports, impacting trade relations and domestic markets.
G7 Trade Talks on Critical Minerals Amid Tariff Rift
G7 leaders discuss critical mineral supply chains as U.S.-EU tariff disputes challenge unity. Canada hosts summit with focus on trade and security.
EU Demands U.S. Respect Tariff Pact, Warns of Retaliation
The EU urges the U.S. to honor their tariff agreement as Trump threatens higher duties on European cars, with potential retaliation looming.
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First Trump Tariff Refunds Begin May 12: Customs Agency
Canada's customs agency announces first refunds of Trump-era tariffs starting May 12, 2026, providing relief to affected businesses and consumers.
Brent Crude Hits $120 on Iran Tensions, Stocks Mixed
Oil prices surge past $120 per barrel amid Middle East conflict fears, while global stocks show mixed results. Markets react to geopolitical tensions.
Why the Americans Are Coming Hard for Supply Management
As CUSMA renegotiation looms, U.S. officials target Canada's supply management system, with bipartisan support for dismantling dairy protections.
Can Carney Reduce Canada's U.S. Trade Dependence?
A new Fraser Institute report finds that despite decades of efforts, Canada has failed to significantly diversify trade away from the U.S., with nearly 80% of exports still going south.
Waterloo MPP Calls for KidsAbility Audit
Waterloo MPP demands an audit of KidsAbility after concerns over funding and transparency. The call follows recent financial scrutiny of the organization serving children with special needs.
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UAE Leaves OPEC: Impact on Global Oil Markets
The United Arab Emirates has announced its departure from OPEC, a significant blow to the oil cartel. Experts analyze how this exit could affect global oil prices and market dynamics.
Quebec Appoints Louise Blais as CUSMA Review Envoy
Quebec names former diplomat Louise Blais as envoy to the CUSMA review, aiming to protect provincial interests in trade renegotiations with the US and Mexico.
Fraser Institute: Carney's export target unachievable
A new Fraser Institute study suggests PM Mark Carney's goal to double non-US exports to $600B annually in 10 years is aspirational, citing limited past success.
Carney: Some U.S. tariff relief deals are worthless
Prime Minister Mark Carney says countries rushing into tariff deals with the U.S. got worthless agreements, as Canada holds out for a better deal.
EU, US sign critical minerals deal to counter China
The European Union and the United States signed a critical minerals agreement to reduce reliance on China, focusing on supply chain diversification and joint standards.
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EU, US Sign Critical Minerals Deal to Counter China Reliance
The EU and US have signed a critical minerals agreement aimed at diversifying supply chains and reducing dependence on China for key resources used in technology and defense.
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