Ottawa: Canadian Finance Minister Dominic LeBlanc has said that Canada will halt the second wave of tariffs on US goods until April 2. “The United States has agreed to suspend tariffs on CUSMA (Canada-US-Mexico Agreement)-compliant exports from Canada until April 2,
Canada is ready to begin early talks on reviewing the North American free trade pact if the Trump administration wants to begin that process, Canadian Finance Minister Dominic LeBlanc said.
Finance Minister Dominic LeBlanc said Ottawa will suspend a second wave of retaliatory tariffs after U.S. President Donald Trump signed an executive order Thursday to pause some new duties on Canada and Mexico and reduce potash levies to 10 per cent.
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Canada's first phase of retaliatory tariffs on $30 billion in US goods began Tuesday, responding to Trump's 25% levies on most Canadian imports.
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Inquirer on MSNCanada to hold off most tariffs on US after Trump pauses leviesOttawa, Canada - Canada will hold off imposing counter-tariffs on $125 billion in US goods, Finance Minister Dominic LeBlanc said Thursday, after US President Donald Trump agreed to suspend
Measures include better access to EI and billions of dollars in funding to help businesses impacted by tariffs
Markets have been in turmoil since Trump followed through on Mar. 4 on his threat to impose a sweeping 25 per cent tariff on goods from Canada and Mexico, with a lower 10 per cent charge on Canadian energy.
Canada’s Liberal Party looked set Sunday to choose a former central banker and political novice as its next leader, replacing Prime Minister Justin Trudeau as it confronts threats from US President Donald Trump.
"The United States has agreed to suspend tariffs on CUSMA (Canada-U.S.-Mexico Agreement)-compliant exports from Canada until April 2nd," LeBlanc said in his social media account shortly after U.S. President Donald Trump announced the tariff delay.
Canada’s ruling class, furious at the disruption of its eight-decade-long partnership with American imperialism, has responded by promoting vile Canadian nationalism to keep the working class divided and conceal its drive to make workers pay for the capitalist crisis.
Escalating trade tensions and new tariffs could impact the crucial flow of electricity from Canada to the U.S., affecting millions of American homes.
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