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Trump's new tariffs target about 5 per cent of Canada's exports to U.S.: economists
The duties cover about 5% of Canada’s exports to the United States, economists said, and exclude USMCA exemptions.
- On Monday, President Donald Trump signed executive orders imposing 50% tariffs on a range of Canadian goods, including wine and cement, effective Aug. 19 with no USMCA exemptions.
- The White House justified the tariffs by citing Canada's supply-managed dairy industry, provincial bans on U.S. alcohol, and auto quotas as discriminatory treatment warranting retaliation.
- BMO senior economist Robert Kavcic estimates roughly $28-billion in annual Canadian exports to the United States face new tariffs, though oil, gas, and fish remain excluded.
- The United States opted not to renew the USMCA earlier this month, triggering a decade-long period of annual reviews that will reshape North American trade dynamics.
- Diplomatic friction remains elevated with few signs of progress; President Trump also complained about Canadian forest fire smoke to Prime Minister Mark Carney at Sunday's World Cup final in New Jersey.
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48 Articles
48 Articles
Trump seeking trade leverage over Canada with new targeted tariffs: analysts
OTTAWA — U.S. President Donald Trump's latest escalation of his tariff campaign against Canada is narrowly focused and appears designed to give the United States more leverage in upcoming trade talks, some analysts argued on Tuesday.
St Catharines Standard+2 Reposted by 2 other sources
Trump’s new tariffs crack open CUSMA’s shield, experts and business leaders warn
New U.S. tariffs target just five per cent of Canadian exports, but experts warn they set a dangerous precedent by undermining CUSMA's trade protections and investor confidence.
·Welland, Canada
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TVA NouvellesReposted by 
24 heures
24 heuresThe new rates announced target a multitude of products, but it is probably those on alcohol and milk that would hurt the most.
·Montreal, Canada
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Coverage Details
Total News Sources48
Leaning Left19Leaning Right5Center12Last UpdatedBias Distribution53% Left
Bias Distribution
- 53% of the sources lean Left
53% Left
L 53%
C 33%
14%
Factuality
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