President-elect Donald Trump on Saturday threatened 100 per cent tariffs against a bloc of nine nations if they act to undermine the U.S. dollar. His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Turkey, Azerbaijan and…
Canada failed to cultivate new trade corridors that could have helped to mitigate the potential impact of Donald Trump’s tariff threats ahead of his return to the White House, experts tell Global News. The U.S. president-elect lobbed the first salvo of his incoming administration’s efforts to reshape North American trade this week, promising to levy…
Descrease article font size Increase article font size As Canada prepares for the threat of tariffs once Donald Trump takes office, the question remains on if the federal government would issue retaliatory tariffs like they did during the previous trade spat between the two countries. In 2018, Trump imposed a 25-per cent tariff on steel and…
Business and political leaders in Canada say there will be pain if Donald Trump follows through on his pledge to impose a 25 per cent tariff on all Canadian goods, but they note the hurt will happen in his country as well. The president-elect posted to Truth Social on Monday he will sign an executive…
By Kelly Geraldine Malone The Canadian Press Posted November 25, 2024 7:51 pm Updated November 25, 2024 8:33 pm 1 min read Descrease article font size Increase article font size Donald Trump says he will sign an executive order imposing a 25 per cent tariff on all products arriving in the United States from Canada…
