Mark Carney
The US and Canada could pull back from an all-out trade war. It’s not clear that they will
WASHINGTON | The U.S. and Canada have ramped up their trade war, hitting each other with steep new tit-for-tat tariffs. Despite the bravado coming from both sides of the border, though, analysts suspect the longtime allies will eventually strike a deal to end a conflict neither really wants. The prospects for compromise looked bleak Tuesday, […]
Carney warned about economic coercion. Now Trump is testing the Canadian prime minister
TORONTO | Mark Carney drew international attention as Canada’s prime minister by warning that middle powers must resist economic coercion by more powerful countries. Now President Donald Trump is putting that warning to the test with sweeping new tariffs that could show how much economic pain Canada can absorb. Tensions escalated late Friday when Canada […]
Trump says US and Canada have reached last-minute deal to delay 50% US tariffs on Canadian imports
WASHINGTON | President Donald Trump said Tuesday he was delaying the 50% U.S. tariffs on $20 billion worth of Canadian imports after the two countries reached a last-minute deal less than two hours before the sanctions were to go into effect. The announcement, which Trump made on his social media platform, buys time for more […]
US and Canada hold last-minute talks to stop Trump’s 50% tariffs
WASHINGTON | The U.S. and Canada are negotiating in an effort to reach a truce on tariffs before a 12:01 a.m. Wednesday deadline set by U.S. President Donald Trump. If no deal is reached, Trump has threatened to impose 50% tariffs on $20 billion worth of Canadian products, ranging from hockey sticks to tongue depressors. […]
US tariff hikes linked to claims of foreign forced labor dismay and anger trading partners
BANGKOK | U.S. President Donald Trump’s latest set of tariff hikes drew objections Friday from America’s trading partners including China and Japan, with Australia’s trade minister slamming them as “completely unjustified.” The administration announced extra tariffs of 10% to 12.5% on 60 economies late Thursday, saying the countries had failed to adequately enforce a ban […]
Trump imposes 50% tariffs on Canadian goods, citing disputes over autos, alcohol and cheese
WASHINGTON | President Donald Trump on Monday imposed 50% tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products. The move could unleash a new wave of economic chaos, with risks of higher inflation and further fraying of relations between two nations that had been closely woven […]
Ahead of G7, Carney softens tone toward Trump with trade talks at stake
PARIS | Canadian Prime Minister Mark Carney became a symbol of middle power resistance after a celebrated speech earlier this year, but he is expected to be more muted in his criticism of U.S. President Donald Trump at an upcoming summit in Europe. Carney’s speech at the World Economic Forum in Davos, Switzerland, helped make […]