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No talks scheduled as Canada's counter-tariffs against U.S. set to take effect at 12:01 a.m.
Canada is targeting about 700 U.S. goods with duties of 15% to 50% as Ottawa answers Trump’s latest tariffs, officials said.
- On Tuesday, Canada will implement retaliatory tariffs on $27.6 billion of U.S. goods, ranging from 15% to 50%, in response to President Donald Trump's earlier Section 338 duties on Canadian exports.
- Negotiations stalled on August 21 after Prime Minister Mark Carney paused trade talks with the U.S., prompting Trump's 50% tariffs on nearly $28 billion of Canadian goods under Section 338 of the Tariff Act of 1930.
- University of Calgary economist Trevor Tombe estimates the combined U.S. and Canadian tariffs put 87,000 Canadian jobs at risk, while Canada's levies specifically target products mirroring U.S. items at rates of 15%, 25%, and 50%.
- Commerce Secretary Howard Lutnick accused Carney of seeking 'political leverage,' while Treasury Secretary Scott Bessent compared Canada to a 'little yippy dog' on Fox News; no new meetings are scheduled to resume talks.
- Trump threatened to raise auto and auto-parts tariffs to 50% effective January 1, a move analysts warn could escalate the trade war and inflict significant economic pain on both nations.
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The damaging impact the U.S.-Canada trade war could have on B.C. businesses | Daily Hive | Business & Tech
B.C. businesses are bracing for the latest escalation in the U.S.-Canada trade dispute. Yesterday, Canada’s counter-tariffs officially took effect on $27.6 billion worth of U.S. imports, in response to the U.S.’s tariffs on $27.6 billion in Canadians goods on Aug. 22. The U.S.’s targeted tariffs on Canadian products will directly impact B.C. businesses in the softwood lumber industry and could result in the loss of thousands of jobs, but the Can…
·Vancouver, Canada
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US-Canada Tariff War: Amid trade tensions between the US and Canada, a series of tariff attacks have begun. Canada has imposed tariffs of up to 50% on hundreds of US goods, following Trump's announcement of additional tariffs at the end of September.
Coverage Details
Total News Sources137
Leaning Left33Leaning Right20Center24Last UpdatedBias Distribution43% Left
Bias Distribution
- 43% of the sources lean Left
43% Left
L 43%
C 31%
R 26%
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