U.S. trade policy faces fresh scrutiny as updates detail President Trump’s evolving tariff maneuvers. One report outlines a fallback option that would reduce tariffs on Canada to 12% if a fentanyl-based justification fails, while a morning update underscores the fluctuations in tariff policy. The developments highlight shifting trade measures against a backdrop of broader economic and political pressures.
Carney met Thursday morning with provincial and territorial leaders about Canada's response
Ontario Premier Doug Ford is relieved Canada avoided Trump’s new reciprocal tariffs but remains concerned about the auto sector, as outdated economywide duties on Canada and Mexico still affect the region.
Trump’s administration is levying sweeping tariffs worldwide—from polar regions and tropical islands to a former British penal colony—disrupting markets and baffling local leaders.
Prime Minister Mark Carney is meeting with Canada's premiers today to discuss U.S. President Donald Trump's latest tariffs.
Prime Minister Mark Carney said Donald Trump's tariff regime will "fundamentally change the global trading system" after the U.S. president exempted Canada from his so-called "liberation day" tariff list unveiled on Wednesday.
Canadian small business owners are cutting jobs and scaling back operations due to new tariffs and economic uncertainty. The CFIB reports that nine percent of owners issued layoff notices amid the unstable market conditions.
The resolution passed the same day Trump imposed reciprocal tariffs to roll back what he views as 'unfair trade practices'
Get live news and analysis on how Trump's tariffs affect Canada and the world
The U.S. administration may opt to reduce tariffs on Canada to the 12% level
Also in today’s edition: The election campaign and a Hudson’s Bay pitch
The post Need to Know: Trump’s ‘Liberation Day’ marks the end of the global free trade era appeared first on The Hub.
15 stories from sources in 49.1 hour(s) #politics #elections #parliament #federal #provincial #senate #economy #finance #trade #us-relations #global-trade #labour #employment #business #environment #tariffs #autosector #Carney #singh #poilievre #conservatives #ndp #ontario
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