Trump, Canada and Tariff
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The prime minister pledges to diversify its trading partners away from the US and prioritise the use of Canadian steel.
Part of Carney’s success can be attributed to Donald Trump’s victory in the U.S. last year. After Trump talked of imposing high tariffs on Canada, and mused about making the country a 51st U.S. state,
President Trump said Treasury Secretary Scott Bessent is not his first choice to succeed Federal Reserve Chairman Jerome Powell, whose term ends next May. “Well, he’s not, because I like the job he’s doing,
President Donald Trump has finally found a way to like arming Ukraine: ask European allies to donate their weapons, and sell them American replacements.
Mining giant Rio Tinto Group said US tariffs on its Canada-made aluminum generated gross costs of more than $300 million in the first half, in another sign of how President Donald Trump’s trade agenda is shaking up metals supply chains.
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President Trump has taken an unconventional approach to trade negotiations by sending form letters to foreign leaders.
Border and tariff tensions with World Cup co-hosts Canada and Mexico make for potential strains in fielding the world’s premier sports event.