Trump’s tariffs
Carney welcomes U.S. court decision striking down parts of Trump’s tariffs agenda
Prime Minister Mark Carney said Thursday he welcomed a U.S. court decision that struck down parts of Donald Trump’s tariffs regime, with judges saying the president overstepped his constitutional authority by imposing sweeping levies on global goods. That decision was later “stayed” — or paused — by an appellate court “until further notice” while it considers other legal arguments from the Trump administration, keeping the tariffs in effect for now. Before that decision, Carney said the lower court’s findings were “consistent with Canada’s long-standing position” that Trump’s tariffs are “unlawful as well as unjustified.” But Carney warned that theRead more
Trump’s tariffs would crush Canada’s economy. Why some industry leaders are calling his bluff
Donald Trump’s threat of a 25 per cent tariff on imported goods would have a devastating impact on Canada’s economy. But some Canadian workers, industry leaders and economists aren’t convinced they’ll actually be implemented. In a social media post Trump made Monday evening, the proposed tariffs were framed as a warning to the U.S.’s primary trading partners that “they will pay a very big price,” unless both Canada and Mexico take aggressive action to tighten border security. But analysts and those working in impacted industries say the mutually beneficial nature of the Canada-U.S. trade relationship, worthRead more