Canada Sees Long Trade War With US

Canada sees little hope of resuming US trade talks before the midterms and is preparing to ride out the rest of President Donald Trump’s term, according to people familiar with the matter. The US implemented a new 50% tax on imports of hundreds of Canadian items including furniture, plastics, plywood and electrical equipment on Saturday. Bloomberg's Jon Herskovitz reports. (Source: Bloomberg)

Canadian dollar dips after US-Canada talks collapse into trade war; oil prices fall ahead of US sanctions on Iran – business live

Washington imposes 50% tariffs on Canadian goods including fishing rods and hockey sticks, while Canada retaliates with levies on US steel and electronics Good morning, and welcome to our rolling coverage of the global economy, the financial markets, the eurozone and business. The Canadian dollar fell after the country’s trade talks with the US collapsed on Friday and Washington imposed 50% tariffs on $20bn of Canadian goods, prompting Canada to retaliate. There’s already been a market reacti...

By Julia Kollewe

Canadian business leaders brace for lost deals after trade talks crumble, 50% U.S. tariffs take effect

Canadian businesses and industry leaders are bracing for the full effects of fresh 50 per cent U.S. tariffs, crossing their fingers that domestic support will come quickly, after trade talks between the two countries fell apart.

US warns Canada not to think it can win ‘devastating’ trade war

The Trump administration on Sunday warned that Canada would be “foolish” to think it could win a trade war with the United States, predicting a “devastating” impact on its northern neighbour. Negotiations between Washington and Ottawa broke down late Friday, putting into force new 50 per cent US tariffs impacting about US$20 billion worth of Canadian goods, or 5.5 per cent of Canadian exports to the US. Canada in retaliation said it would match US tariffs, with new levies notably targeting th...

By Agence France-Presse

Canada-U.S. trade talks collapsed over disputed deal terms, Carney’s envoy says

Mark Wiseman, Canada’s ambassador to the U.S., said there was no one issue that led talks to end without an agreement

By Bloomberg News

Canada’s Prime Minister Vows to Fight Back Against Trump’s Tariffs

Canadian PM Carney on US tariffs: 'We’re going to hit back'

Carney warned about economic coercion. Now Trump is testing the Canadian prime minister

Did Canada Just Sign Its Own Economic Death Warrant?

Did Canada Just Sign Its Own Economic Death Warrant? Canadian Prime Minister and WEF globalist Mark Carney has been a disaster for Canada since he entered office.  There were many critics who believed the Trudeau regime could not be topped in terms of self destructive behavior, but one could easily argue that Carney is far more dangerous and far more devious. This week the Canadian government abandoned a nearly finalized trade deal with the US in the final hour of talks, leaving...

By Tyler Durden