Canada and the U. S. are talking again. Why? Because Canada decided not to tax big U. S. tech companies. This tax was a big deal. It would have hit companies like Amazon, Google, and Meta. The tax was set to start soon, but Canada changed its mind. President Trump was not happy about the tax. He said it was unfair to the U. S. He even stopped all trade talks with Ca...
Canada and the United States are in a tense standoff over tariffs. The situation could get worse if both countries follow through on their threats. The conflict started when the US president announced new tariffs on cars and parts. This move upset Canada, which has enjoyed free trade with the US for a long time. The Canadian prime minister warned that his country wi...
U. S. President Donald Trump has hinted at imposing 25% tariffs on Canadian imports starting February 1. He made this announcement during the signing of executive orders at the White House. Trump blamed Canada, among other countries, for allowing a large number of people and the drug fentanyl to enter the U. S. This news comes after earlier reports suggested Trump wo...
Justin Trudeau, Canada's Prime Minister, cautioned that if Donald Trump follows through on his threat to impose tariffs on Canadian goods, American consumers and businesses could feel the pinch. Trump's plan is to add a 25% tax on all products coming from Canada and Mexico, aiming to stop the flow of drugs and migrants across the borders. Trudeau stressed that this m...
Canada's business world is buzzing with concern over the upcoming U.S. election. A recent report from the Canadian Chamber of Commerce warns that protectionist policies proposed by both presidential candidates could seriously damage the economies of both nations. This is due to the strong ties and interdependence between Canada and the U.S., making any tariffs partic...
As the Canada-US trade partnership teeters on the edge, the Business Council of Canada has sounded the alarm, urging Ottawa to revoke its digital services tax (DST) amidst growing concerns from the Biden administration. The Office of the US Trade Representative has requested dispute settlement consultations under the Canada-US-Mexico trade agreement, citing the DST a...