The Unexpected Winner of Rising American Tariffs Is Mexico
Mexico, it seems, is unexpectedly thriving in the face of rising American tariffs, a situation that may surprise those who assumed the economic impact would be uniformly negative. Instead of being crippled by the trade barriers erected by the United States, Mexico is experiencing growth in its exports to the very country imposing those tariffs. It’s a bit like watching a chess game where a clever player uses their opponent’s moves to their own advantage, even though the moves were designed to hurt the player.
The explanation for this surprising twist lies in several key factors.… Continue reading
As trade talks between the US and Canada remain stalled, the US has clearly articulated its demands for the continuation of free trade under the USMCA. The US is seeking greater access for its dairy farmers in the Canadian market, alleging that the current supply-management system unfairly restricts their products. Additionally, the US wants Canada to revise its Online Streaming Act, which it believes discriminates against American tech and media firms. Lastly, the US is requesting that Canadian provinces reinstate the sale of American liquor, which was pulled in response to tariffs imposed by the US.
Read More
Building upon their strong economic partnership, Canada and Mexico have recently signed a significant agreement to bolster economic and security ties. This partnership is particularly crucial given the upcoming renegotiation of the USMCA trade agreement, which faces potential challenges. The accord focuses on expanding trade through diverse supply chains, increased port access, and joint ventures targeting Latin American and Asian markets, while also addressing critical security issues like opioid trafficking and migrant worker programs. With public consultation underway regarding the USMCA’s future, further meetings between Canadian and Mexican officials are anticipated to address various sectors like health and energy.
Read More
Prime Minister Mark Carney will meet with U.S. President Donald Trump at the White House next week, ahead of a review of their free trade agreement. The meeting comes as Canada seeks inclusion in Trump’s Golden Dome missile defense program and deals with Trump’s repeated suggestions of Canada becoming the 51st state. The leaders will discuss shared priorities in their economic and security relationship, with the USMCA trade pact up for review in 2026, despite existing sector-specific tariffs from the United States. While Canada accounts for a significant portion of U.S. exports, particularly in critical resources, tensions remain, highlighted by anti-American sentiment and a drop in Canadian travel to the U.S.
Read More
The U.S. Ambassador to Canada, Pete Hoekstra, stated that the White House initially aimed for a broader agreement with Canada, extending beyond the USMCA, and encompassing areas like defense and trade. While the U.S. hoped to negotiate a more comprehensive deal, this broader ambition seems unlikely to materialize at present. The ambassador also noted the U.S. is beginning public consultations on the USMCA as they determine what a revised deal would look like. Hoekstra acknowledged the economic impact of Canada’s actions against China, specifically the tariffs on Chinese EVs and steel, and indicated the U.S. appreciates Canada’s stance.
Read More
The Shopping Trends team has observed emerging consumer behaviors through affiliate links. They may earn a commission based on purchases made through these links. This team operates independently from CTV News journalists. More information about their operations can be found on their “About Us” page.
Read More
This article explores the consumer shopping habits of readers. It informs consumers of the possibility of earning a commission through the article’s links. The Shopping Trends team, which is separate from the CTV News journalists, is responsible for the content. The article also provides some information for the readers about the Shopping Trends team.
Read More
Canada will not rush into a new trade agreement with the U.S. or replace the USMCA with a less formal executive agreement, prioritizing stability and fair arrangements for its industries over speed. While eager to remove U.S. tariffs on Canadian goods, particularly impacting the auto, steel, and aluminum sectors, Canada seeks a robust, binding agreement rather than a hastily negotiated deal. Discussions on security and critical minerals will proceed separately from USMCA renegotiations, scheduled for 2026. Although the recent White House meeting yielded no immediate progress, Canada remains confident in its ability to navigate these complex trade relations.
Read More
New U.S. Customs and Border Protection guidance confirms zero tariffs on Canadian auto parts compliant with the Canada-U.S.-Mexico Agreement (CUSMA), offering relief to the North American auto industry. This exemption, however, excludes knock-down kits and parts compilations. The decision follows intense lobbying from automakers concerned about the economic impact of previously announced tariffs. President Trump’s administration also implemented a rebate program for automakers assembling vehicles in the U.S., further mitigating the effects of the tariffs.
Read More
Secretary of State Marco Rubio affirmed President Trump’s repeated assertions that Canada would be better off as a U.S. state, a stance stemming from trade disagreements. This follows Trump’s prior statements, both publicly and privately, suggesting annexation as a solution to perceived unfair trade practices by Canada. Rubio’s comments, made before Canada’s federal election, highlight the ongoing tension and its potential impact on future U.S.-Canada relations. The issue of annexation, while dismissed by Canadian leaders, has significantly influenced the Canadian election and could reshape the countries’ economic relationship.
Read More
Matt Underwood 
John Q. Hosedrinker