Tag: Canada

How Trump’s Tariffs Could Wreak Havoc on North America’s Auto Supply Chains
Before a car is assembled, its parts may take multiple trips between the U.S., Mexico and Canada Ford CEO Jim Farley warned at a recent investor conference in New York that levying steep tariffs on imported goods “would blow a hole in the U.S. industry that we’ve never seen.” RELATED: Donald Trump and Panama: A […]
April 13, 2025

Canada and the U.S. Prepare to Negotiate a New Trade Agreement
Ministers from both countries are in talks to ensure ‘constructive negotiations’ between Carney and Trump. On Thursday, Canadian Prime Minister Mark Carney revealed that his administration is in talks with U.S. Secretary of Commerce Howard Lutnick to prepare for trade negotiations with Donald Trump following the Canadian elections on April 28. RELATED: Canada’s Countermeasures Against […]
April 10, 2025

Canada’s Countermeasures Against Auto Imports From U.S. To Take Effect on Wednesday
FM Champagne said his country would continue to respond forcefully to all unwarranted and unreasonable U.S. tariffs. On Tuesday, Canadian Finance Minister François-Philippe Champagne confirmed that Canada’s new countermeasures announced last week in response to the U.S. tariffs on the Canadian auto industry will come into force at 12:01 a.m. EDT on Wednesday, April 9. […]
April 9, 2025

The U.S.-Anchored Global Trade System is Over: Canada
PM Carney will respond to Trump’s protectionism with specific countermeasures. On Thursday, Canadian Prime Minister Mark Carney stated that the trade measures adopted by President Donald Trump have irreversibly fractured the global economy. RELATED: Keys to Trump’s Trade War: Deadlines, Products, and Affected Countries “The U.S.-anchored global trade system, on which Canada has depended since […]
April 3, 2025

Sheinbaum and Carney Pledge to Keep the Mexico-Canada Trade Relationship
She also reaffirmed her commitment to strengthening her country through the implementation of the ‘Mexico Plan.’ On Tuesday, Mexican President Claudia Sheinbaum and Canadian Prime Minister Mark Carney agreed on the need to maintain trade ties between Canada and Mexico amid the problems caused by the imposition of tariffs by U.S. President Donald Trump. RELATED: […]
April 2, 2025

Mexican President Sheinbaum Willing to Speak With Canadian PM Carney
She seeks to strengthen ties between their countries amid trade tensions sparked by Trump’s tariff threats. On Tuesday, Mexican President Claudia Sheinbaum said she has a pending call with Canadian Prime Minister Mark Carney to strengthen relations between both nations. RELATED: Canada Calls Early Election to Take on Trump Previously, she congratulated Carney on his […]
March 25, 2025

Canada Calls Early Election to Take on Trump
The latest polls showed that the Liberals are leading with the potential to win the majority seats of the parliament. On Sunday, Canadian Prime Minister Mark Carney called an early election on April 28, pledging to counter U.S. President Donald Trump’s tariff impositions and annexation threats. RELATED: Venezuela Rejects Canada’s Sanctions, Accuses Ottawa of Acting […]
March 24, 2025

Canadian Government Calls for Snap Elections on April 28
Canadian Prime Minister Mark Carney requested this Sunday that the country’s Governor General, who serves as head of state, Mary Simon, dissolve Parliament and hold early elections on April 28. RELATED: Mark Carney Sworn in as Canada’s Prime Minister Carney, who became prime minister on March 14 after Justin Trudeau’s resignation, has decided to bring […]
March 23, 2025

Venezuela Rejects Canada’s Sanctions, Accuses Ottawa of Acting as a “51st U.S. State”
Venezuela’s Bolivarian government condemns Canada’s sanctions, accusing Ottawa of losing sovereignty and acting as a tool of U.S. interests. Read more about the escalating diplomatic tensions. Related: ALBA-TCP Rejects Canada’s Interference in Venezuelan Affairs The Bolivarian authorities in Caracas have issued a statement vehemently rejecting the sanctions imposed by Canada against Venezuelan officials. In the […]
March 21, 2025

U.S. To Impose 50% Tariffs on Canadian Steel and Aluminum
‘The only thing that makes sense is for Canada to become our cherished fifty-first state’, Trump said. On Tuesday, U.S. President Donald Trump announced that Canadian steel and aluminum would be subject to a 50% tariff starting Wednesday, March 12. RELATED: Trump Creates a Strategic Cryptocurrency Reserve for the United States This trade measure would […]