tariffs News Updates

Government, Business

Carney: Canada to Keep Tariffs Until US Commits to Free Trade

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, 2025
Government, Business

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, 2025
Government, Business, Fuel

Surge 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, 2025
Government, Business

Ontario 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, 2025
Government, Business

Canada’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, 2025
Government, Business

Trump 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, 2025
Government, Business, Equipment

Chassis 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, 2025
Government, Business

Trump 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, 2025
Government, Business, Fuel

Canadian 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, 2025
Government, Business

Border 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.

March 6, 2025