The federal government unexpectedly removed more counter-tariffs on American goods than originally stated, according to an order-in-council. This decision seemingly contradicts the prime minister’s earlier statements, which suggested counter-tariffs would be limited to goods not covered under the Canada-U.S.-Mexico Agreement (CUSMA). However, the official notice indicates that, excluding steel, aluminum, and auto industries, all Canadian retaliatory tariffs have been eliminated, even for non-CUSMA compliant products. Experts suggest this shift may be a strategic move to facilitate trade talks with the United States and streamline bureaucratic processes, despite criticism of the approach from some political figures.
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Prime Minister Mark Carney and Mexican President Claudia Sheinbaum have solidified their countries’ relationship through a new strategic partnership, aiming to deepen ties amidst the uncertainty of a potential second Trump presidency in the U.S. This agreement encompasses developing trade and security relationships, infrastructure investment, and joint efforts on climate and conservation initiatives. Both leaders emphasized the importance of the Canada-U.S.-Mexico Agreement (CUSMA), with Carney stating Canada’s commitment to working with both partners. Further, the two leaders discussed the upcoming CUSMA review next year.
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U.S. Ambassador to Canada Pete Hoekstra expressed disappointment regarding the anti-American sentiment he perceives in Canada, particularly among politicians. Hoekstra noted that rhetoric, such as describing trade disputes as “wars,” is unhelpful. He defended President Trump’s tariff agenda by suggesting Canada’s relative position has improved and is optimistic about reaching a trade deal. Hoekstra welcomed the removal of retaliatory tariffs on U.S. goods, seeing it as a positive step, but warns that boycotts will still taint feedback from American businesses in upcoming consultations regarding the CUSMA review.
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This compilation meticulously catalogs every state, territory, and district within the United States, including the District of Columbia, along with a comprehensive list of U.S. Armed Forces locations globally. It also incorporates several international locations, specifically those in Canada and various U.S. territories. The final element of this list is its inclusion of Zip Codes.
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Prime Minister Mark Carney announced that Canada will remove all tariffs on U.S. goods covered by the Canada-U.S.-Mexico Agreement (CUSMA) by September 1st. While maintaining tariffs on steel, aluminum, and autos, the move aims to address ongoing trade issues with the U.S. and preserve existing advantages for Canadian workers. The decision follows a conversation with U.S. President Donald Trump, who indicated discussions would intensify to address trade challenges in strategic sectors. The announcement has elicited mixed reactions, with some welcoming the move, while others, including the Conservative Leader, have criticized it as a concession.
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In response to new US tariffs on various imported goods, Canada has implemented reciprocal 25% tariffs on select US automobile imports and parts. These retaliatory measures, announced by Finance Minister Champagne, target vehicles and components non-compliant with the CUSMA agreement or containing non-Canadian/Mexican content. The action follows President Trump’s imposition of global tariffs and ongoing trade disputes with Canada. This tit-for-tat escalation comes amidst heightened tensions between the two North American neighbours.
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Canada is poised to impose a 25% tariff on US-made automobiles that fail to comply with the Canada-United States-Mexico Agreement (CUSMA), a move reportedly announced by a Canadian official. This action stems from ongoing trade disagreements and underscores the complexities of international trade relations. The specific details regarding which vehicles will be affected remain somewhat murky, leading to considerable speculation and discussion.
The situation highlights the intricate nature of automotive manufacturing, where components often originate from numerous countries, making simple categorization challenging. A significant factor determining whether a vehicle is subject to the tariff is the proportion of North American-made parts, particularly those manufactured by workers earning a minimum wage of $16 USD per hour, and the usage of North American steel.… Continue reading
President Trump temporarily suspended 25% tariffs on CUSMA-compliant goods from Canada and Mexico until April 2nd, but intends to impose tariffs on steel and aluminum on March 12th, and “reciprocal” tariffs on April 2nd. This reprieve, however, excludes roughly 62% of Canadian imports not compliant with the free trade agreement. Despite the postponement, Canada maintains retaliatory tariffs and Prime Minister Trudeau affirmed that Canada will not back down until the U.S. tariffs are lifted. The ongoing trade dispute has prompted criticism and concerns about economic volatility.
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Prime Minister Trudeau responded to President Trump’s imposition of 25% tariffs on Canadian goods, characterizing the action as a “dumb” attempt to collapse the Canadian economy for annexation purposes. Canada retaliated with tariffs on $30 billion of American goods, with an additional $125 billion slated for levies in three weeks, alongside further non-tariff measures. Trudeau refuted Trump’s justification of the tariffs, citing the flow of fentanyl as a pretext violating the CUSMA agreement. Provincial premiers also announced retaliatory actions, underscoring the widespread condemnation of Trump’s trade war.
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Facing 25% U.S. tariffs on steel and aluminum, Canada now confronts the potential for 50-100% tariffs on Canadian-made cars, a move President Trump justified by claiming Canada “stole” the auto industry. This follows the removal of auto tariffs under the Auto Pact (1965) and NAFTA (1994), replaced by CUSMA in 2018. Trump’s action aims to bolster the U.S. steel and aluminum sectors, while Canadian officials are working to mitigate the damaging effects of these tariffs. The deeply integrated automotive sectors of both countries are at risk.
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John Q. Hosedrinker 
Matt Underwood