Canada will keep its trade retaliation in place until the U.S. lifts its own tariffs and commits to free trade, said Mark Carney, who will succeed Justin Trudeau as Canada’s prime minister.
March 11, 2025tariffs News Updates
Carney: Canada to Keep Tariffs Until US Commits to Free Trade
Trump Mulls Steel Tariff Hike After Ontario Halts Energy Charge
President Donald Trump said he was re-evaluating plans to double steel and aluminum tariffs on Canada to 50% after Ontario said it would suspend a 25% surcharge on electricity sent to the U.S.
March 11, 2025Surge in Canadian Crude Signals Tariff Worry Is Waning
Concern about U.S. President Donald Trump’s threats to impose tariffs on U.S. imports of Canadian oil is waning as the duties’ start date keeps getting pushed back.
March 10, 2025Ontario Slaps 25% Tax Increase on Electricity Exports to US
Ontario’s premier announced that effective March 10 it is charging 25% more for electricity to 1.5 million Americans in response to U.S. President Donald Trump’s trade war.
March 10, 2025Canada’s New Leader: Tariffs Remain Until US Shows ‘Respect’
Canada will keep in place its retaliatory tariffs against U.S.-made products as long as President Donald Trump persists with a trade war, said Mark Carney.
March 10, 2025Trump Downplays Business Concerns About Tariff Uncertainty
President Donald Trump is dismissing business concerns over the uncertainty caused by his tariffs and the prospect of higher prices, and isn’t ruling out the possibility of a recession.
March 9, 2025Chassis Producers Seek Tariffs on Mexican, Asian Peers
U.S.-based manufacturers of intermodal chassis are once again challenging overseas chassis makers over allegations of unfair business practices.
March 9, 2025Trump Says He May Hit Canada With Dairy, Lumber Tariffs Soon
President Donald Trump said he may implement reciprocal tariffs on Canadian lumber and dairy products as soon as March 7, threatening again to disrupt cross-border trade.
March 7, 2025Canadian Crude Wins Reprieve From Trump’s Tariffs
Crude is among the beneficiaries of President Donald Trump’s one-month reprieve on tariffs for some imports from Canada and Mexico, a boost to oil industry leaders.
March 7, 2025Border States Fear Impact From Tariffs on Canada and Mexico
Political leaders representing states that border Canada and Mexico are sounding the alarm about how tariffs between those countries and the U.S. will impact their local economies.
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