Tag

Trade Policy

All articles tagged with #trade policy

politics22 hours ago•8 min saved

Vance nails Canada over 250% dairy tariffs on Maine farmers, demands a fair trade deal

Vice President JD Vance told a Brewers, Maine audience that Canada treats Chinese goods more fairly than Maine dairy products, denounced stalled US–Canada trade talks, and warned that Maine farmers could face a 250% tariff on dairy exports to Canada. He urged Ottawa to stop taking advantage of the U.S. and sign a fair deal, while signaling readiness to use tariffs if necessary and highlighting Canada’s high over-quota dairy rates as an example of unequal trade.

via Fox News|

#canada #dairy-tariffs #jd-vance

business1 day ago•3 min saved

Trump raises the stakes with 50% tariffs on Canadian autos and metals

President Trump threatened 50% tariffs on Canadian-made cars, trucks, auto parts and steel to take effect Jan. 1, 2027, prompting Canada to vow retaliation; the moves come amid tensions over USMCA terms, with questions about exemptions and potential disruption to the deeply integrated North American auto supply chain and consumers.

via NBC News|

#automotive #business #canada

markets1 day ago•28 min saved

Markets wobble as US-Canada trade spat escalates with new tariffs

Stock futures were little changed as U.S.-Canada trade tensions escalated, with new tariffs on Canadian goods taking effect and Canada pledging retaliation, signaling a broader tariff war. Energy prices slipped while bitcoin and gold rose amid rising Treasury yields, and investors looked ahead to Nvidia’s earnings for AI-sector signals and potential Fed guidance at Jackson Hole.

via MarketWatch|

#canada-us-relations #futures #markets

politics2 days ago•23 min saved

Pence warns US-Canada tariff fight could hit affordability, urges negotiation

Former Vice President Mike Pence warned on CNN that the U.S.–Canada tariff dispute could hurt the economy and consumer affordability, urging negotiation rather than confrontation as tariffs on Canadian goods took effect after talks collapsed, with Canadian Prime Minister Mark Carney vowing to match the measures dollar for dollar.

via The Washington Post|

#economy #mike-pence-politician #politics

economic-policy3 days ago•18 min saved

Tariffs on Canada Take Effect as U.S.-Canada Talks Collapse

The United States has imposed 50% tariffs on Canada after trade talks failed to avert the measures, and Canada said it would match the tariffs dollar-for-dollar, escalating tensions as the new duties take effect.

via The Washington Post|

#canada #economic-policy #international-trade

politics-and-government7 days ago•20 min saved

US Sets 50% Tariffs on Canadian Goods as Midnight Deadline Looms

The White House plans to impose 50% tariffs on a range of Canadian goods at midnight unless talks between President Trump and Canadian Prime Minister Mark Carney avert them; the duties target autos, alcohol, and dairy and would apply to about 5% of US imports from Canada, with potential implications for USMCA renegotiations and supply chains, though some expect a limited delay if a deal emerges.

via Yahoo Finance|

#economy #politics-and-government #tariffs

economic-policy9 days ago•21 min saved

US-Canada near deal to avert 50% tariffs on hockey sticks and wine

The United States and Canada are close to a deal to avert punitive 50 percent tariffs on Canadian goods such as hockey sticks, wine and cement, with possible concessions on energy and defense in exchange for shelving new tariffs—an outcome that could bolster efforts to renegotiate the North American trade deal fromTrump’s first term.

via The Washington Post|

#canada #economic-policy #tariffs

world11 days ago•6 min saved

White House flags China-led tariff evasion scheme fueling billions in losses

A White House report, The Great Transshipment Scam, accuses China of leading a global scheme that routes goods through intermediary countries to dodge tariffs, costing the U.S. up to $26B a year in tariff revenue (with estimates from $19B–$26B) and valuing avoided transshipments at roughly $34.2B–$303B annually; more than 40 countries are flagged as high risk, retroactive tariffs can apply for misreported origins, and CBP says it is using AI to detect transshipment ahead of Xi Jinping’s Washington visit.

via Fox News|

#china #tariffs #trade-policy

administration11 days ago•41 min saved

US accuses 40+ countries of helping China dodge tariffs via global transshipment network

The White House released a report accusing more than 40 countries of routing Chinese goods through third countries to evade U.S. tariffs, a practice the administration says has cost the United States billions in lost revenue; a Commerce Department analysis estimates about $28 billion in tariff revenue was lost last year due to transshipments, and Washington is pursuing an AI system to detect such evasion ahead of President Xi Jinping's U.S. visit.

via The Hill|

#administration #china #tariffs

business18 days ago•19 min saved

Tariff refunds hit $100B as corporations cash in, consumers largely left out

The Trump administration has refunded about $100 billion in tariffs after a Supreme Court ruling found the tariffs illegal, with large refunds going to companies like Apple, Ford, and Amazon, while most individuals are unlikely to receive refunds; the Tax Foundation estimates U.S. households paid about $1,000 more in tariffs in 2025.

via The Washington Post|

#business #consumer-prices #donald-trump

world21 days ago•28 min saved

Trump’s threats lose bite as the world shrugs

Trump’s bombast once sent markets into turmoil and drew dozens of governments into negotiations, but now global leaders—strained by court orders, congressional limits, and restrained by Iran—appear unfazed. Analysts say his diplomatic clout has waned while tensions with Iran and European powers persist, signaling a muted era for his foreign-policy threats.

via The Washington Post|

#diplomacy #donald-trump #europe

politics21 days ago•6 min saved

Blue states move to block Trump’s new tariffs tied to forced-labor claims

A coalition of 25 Democratic-led states filed suit in the U.S. Court of International Trade to block the administration’s latest 10%–12.5% tariffs on goods from about 60 economies, arguing the use of forced-labor as a pretext for an illegal tariff scheme and noting ongoing legal challenges to related measures as the White House defends its authority.

via Politico|

#forced-labor #lawsuit #politics

business-and-economy21 days ago•2 min saved

States sue over Trump’s new global tariffs, alleging overreach and pretext

A group of 25 Democratic-led states filed a lawsuit in the U.S. Court of International Trade challenging the Trump administration’s new double-digit tariffs on about 60 trading partners, arguing the levies use a forced-labor pretext to reimpose tariffs previously ruled illegal by the Supreme Court. The White House defends the measures as a legal response to unfair practices, while critics say the authority under IEEPA/Section 301 does not justify the new tariffs, which followed expired temporary tariffs and affect a broad swath of imports.

via Al Jazeera|

#business-and-economy #forced-labor #ieepa

business26 days ago•7 min saved

Texas Bets on a Renegotiated North American Trade Amid Tariff Uncertainty

Texas faces investment slowdowns as USMCA renewal stalls and new tariffs on Mexican and Canadian goods inject uncertainty into manufacturing, trade, and jobs along the border, with firms delaying projects and weighing costs and supply-chain implications.

via Houston Public Media|

#business #manufacturing #tariffs

world28 days ago•21 min saved

Canadians curb U.S. tourism as tariffs and '51st state' talk weigh on travel

Canadian visits to the United States fell about 25% in 2025 (29.1 million trips, down from 39 million in 2024) as Trump’s tariff policies and the idea of Canada becoming the '51st state' dampened travel sentiment; Canadian travel spending in the U.S. dropped roughly $2.3 billion while spending overseas rose about $2.5 billion, yet the U.S. remained the top foreign destination and Asia/Europe trips grew while domestic U.S. travel offset some declines.

via The Washington Post|

#canada-nation #donald-trump #tariffs