Thirteen Canadian premiers visited Washington, D.C. on February 12 to meet with U.S. lawmakers, seeking to prevent President Trump’s tariffs on steel and aluminum imports, which threaten industries reliant on these materials.
On Wednesday, February 12, thirteen Canadian premiers traveled to Washington, D.C., to meet with U.S. senators and members of Congress in an effort to block President Donald Trump's decision to impose tariffs on steel and aluminum imports. The move followed Trump’s surprising announcement on March 10 that tariffs would be applied starting March 12. The decision sparked backlash from Canada, Mexico, the European Union, and others, while Japan and Australia sought exemptions.
The news sent shockwaves through industries dependent on steel and aluminum, forcing businesses to scramble for solutions to mitigate the expected increase in costs.
Trump had already implemented a 10% tariff on Chinese goods, effective February 4, with China quickly retaliating. Additionally, he postponed a 25% tariff on Mexico and Canada for a month, allowing time for negotiations over U.S. border security and measures to combat fentanyl trafficking.
While some U.S. workers supported the tariffs, many manufacturing companies expressed deep concern. They warned that the tariff hike would have a ripple effect across supply chains, impacting businesses that depend on these essential materials.
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Canadian Prime Minister Mark Carney says it’s unlikely his government can strike a tariff-free trade deal with the U.S.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
U.S. President Donald Trump announced on Thursday that the United States will impose a 35% tariff on Canadian imports starting 1 August, increasing the previous rate of 25%. He also revealed plans to introduce blanket tariffs of 15% to 20% on most other trade partners.
Four men, including active military personnel, have been arrested in Canada charged with allegedly "planning to create anti-government militia" and "forcibly take possession of land" in the province of Quebec.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
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