A recent announcement has made waves in the global market. The United States has decided to hike up the tariffs on steel and aluminum imports from Canada by an additional 25%. This move brings the total duties to a whopping 50%. This decision comes as a response to Ontario's recent 25% tax on ele
A recent phone call between former U. S. President Donald Trump and outgoing Canadian Prime Minister Justin Trudeau has sparked some controversy. The conversation, which took place on Wednesday, was centered around tariffs and the fentanyl crisis. Trump, known for his strong stance on trade and bord
Canada has been in a whirlwind of trade policy chaos. The U. S. has been playing a game of tariff ping-pong. One moment, tariffs are on; the next, they're off. This back-and-forth has left businesses scrambling, markets uncertain, and governments frustrated. Canadian manufacturers had to rush to rev
Mark Carney, a former central banker, is set to become Canada's next prime minister. He won the Liberal Party election with a whopping 86% of the vote. This victory comes after Justin Trudeau, the long-serving prime minister, stepped down in January. Trudeau's departure followed a significant drop i
The United States has decided to hold off on imposing tariffs on cars from Mexico and Canada. This delay, lasting for a month, was announced by the White House. The decision was made after discussions with major auto dealers. These dealers include Stellantis, Ford, and General Motors. The goal is to
Farmers and meat producers across the U. S. are in for a rough ride. New tariffs on Mexico, Canada, and China are set to hit their profits hard. These tariffs could cost them billions if they stay in place. Consumers might see higher prices for produce and ground beef soon. However, some impacts mig
Trump is set to give his first speech to Congress in his new term. This is a big deal because it's his chance to share his plans and get Congress on board. He's got a lot to talk about, from his promises to lower prices to his recent moves on Ukraine and trade. Trump's speech will be a mix of his u
The United States is gearing up to impose significant tariffs on its neighbors to the north and south. This move could spark a major trade conflict. President Trump announced that there's no more room for negotiations to prevent these tariffs from taking effect. Starting Tuesday, a 25% tariff will b
Prime Minister Justin Trudeau is set to have a chat with King Charles III in London. The topic? President Donald Trump's recent threats to make Canada the 51st state. This meeting has sparked a lot of talk about Canada's independence and sovereignty. The King has faced criticism for not spe
The US President has decided to look into whether foreign lumber is being sold too cheaply in the US. This could lead to new taxes or limits on imports. Canada is the main target, as it sends a lot of lumber to the US. The US has already put taxes on Canadian lumber, but this new move could make thi
