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A US ban covering about $967 million of Canadian imports is now in force, targeting many alcoholic drinks, selected dairy-related products and large motorcycles. The measure marks another escalation in the US-Canada trade conflict and raises new questions over the future of USMCA.
European Commission President Ursula von der Leyen has proposed opening the door for Canada to become the EU’s first “associate member,” but the status does not yet legally exist and has not been approved by the bloc’s 27 governments. Mark Carney welcomed the ambition in Strasbourg as Donald Trump w
Canada has imposed new retaliatory tariffs of up to 50% on U.S. goods after trade negotiations with the Trump administration collapsed, escalating the Canada-US trade war.
The US-Canada trade dispute has entered a dangerous new phase. After Washington imposed 50% tariffs on roughly $20 billion of Canadian goods, Canada announced dollar-for-dollar retaliation beginning September 8.
