OTTAWA--U.S. Commerce Secretary Howard Lutnick has warned that Canada's national sales tax will be subject to retaliation, adding to the list of tariffs the Trump administration is seeking to impose on its northern neighbor and major trading partner.
President Donald Trump will enforce tariffs on Tuesday against Canada and Mexico, but at what percentage, he has yet to decide, according to Commerce Secretary Howard Lutnick.
President Donald Trump has postponed 25% tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war.
Since Trump returned to office, Navarro has also been on the frontlines defending Trump’s tariffs against Mexico and Canada. He also has denied a report from the Financial Times that says he was pushing to cut Canada out of the Five Eyes, which is an intelligence group between Canada, the U.S., New Zealand, Australia and U.K.
U.S. President Donald Trump has imposed tariffs on imports from Canada and Mexico including a 25 per cent across-the-board levy, with a lower 10 per cent charge on Canadian energy, triggering a continental trade war.
U.S. Commerce Secretary Howard Lutnick on Thursday said the one-month reprieve on hefty tariffs on goods imported from Mexico and Canada that has been granted to automotive products is likely to be extended to all products that comply with the U.
The U.S. Commerce Secretary told Fox News that both Canada and Mexico have ’done a very reasonable job’ in securing their shared borders with the U.S. and suggested the overall tariff applied could be
A senior Canadian government official says Prime Minister Justin Trudeau is not willing to lift Canada’s retaliatory tariffs if Trump leaves any tariffs on Canada.
(Updates with Trump exempting all Mexico goods until April 2; adds Lutnick and Trudeau remarks paragraphs 11-15) March 6 (Reuters) -
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 reduce potash levies to 10 per cent.
OTTAWA--U.S. Commerce Secretary Howard Lutnick has warned that Canada's national sales tax will be subject to retaliation, adding to the list of tariffs the Trump administration is seeking to ...
OTTAWA--U.S. Commerce Secretary Howard Lutnick has warned that Canada's national sales tax will be subject to retaliation, adding to the list of tariffs the Trump administration is seeking to ...