US President Donald Trump has said he will follow through with his threat to hit imports from Canada and Mexico with 25% border taxes, known as tariffs, on 1 February. But he added that a decision about whether this would include oil from those countries had not yet been made.
TORONTO — Roughly $900 billion in annual trade between Canada and the United States — and, with it, traditionally chummy bilateral ties — is on the brink of upheaval, with President Donald Trump threatening to impose sweeping tariffs on Canada as early as this weekend.
President Donald Trump has threatened universal duties and said they'll raise money, but he is also using tariff threats as diplomatic leverage.
Donald Trump proposed a 25 percent tariff on goods from Canada and Mexico, with Chinese tariffs on the table, too.
Trump term, Google searches for “move to Canada” spiked. Eight years ago, some Americans followed through, packing their bags and heading north.
We don’t need the products that they have. We have all the oil that you need. We have all the trees you need,” he said.
With a decision on oil imminent, the U.S. President repeated his three reasons for imposing tariffs: illegal migration, fentanyl smuggling across the border and imbalances on trade
President Donald Trump has threatened universal duties and said they'll raise money, but he is also using tariff threats as diplomatic leverage.
The world's second-largest car parts maker is not unduly worried about U.S. President Donald Trump's looming tariffs on Mexico and Canada, and may seek to manage increased costs by raising prices, a top executive at Japan's Denso said on Friday.
President Donald Trump's 2024 campaign promise to impose steep tariffs on imports -- including those coming from close U.S. allies -- has some of his fellow Republicans in Congress worried about its potential hit to their home-state economies.