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Category: Trade (Page 16 of 19)

Trump’s bullying of Canada is failing, again.

August 23, 2026 /

Canadian Prime Minister Mark Carney has much more political permission to accept pain from a U.S.-Canadian trade war than Trump does.

Against Canada, Trump is fighting a trade war that very few Americans support, under leadership that most Americans reject, to achieve results that virtually all Americans would dismiss as pointless if not crazy, writes David Frum in The Atlantic.

Against Trump, Canadians are fighting a trade war that the great majority support, under leadership that commands broad assent, to defend their independence and self-respect. That’s a war that even the weaker side can win, especially if it needs to hold on only a few months longer to survive.

U.S. importers will pay higher import taxes due to Trump’s trade war with Canada

August 23, 2026 /

Since President Trump has returned to office, the United States and Canada have repeatedly come close to an all-out trade war — only for Mr. Trump to dial back some of his harshest attacks against one of America’s closest allies.

But that period of relative calm came to an end on Saturday, as new 50% tariffs from Washington took effect, drawing a pointed threat from Canada to respond in kind. The resulting clash left the two North American neighbours barrelling toward a dangerous tit-for-tat escalation, one that may yet inflict real harm on the U.S. economy.

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Using time as a weapon

August 22, 2026 /

Paul Musgrave: The funny thing is that Prime Minister Mark Carney of Canada has much the same incentives, despite the obvious differences between Canada and Iran.

Carney is elected, but has years left to run on his mandate, so there’s little time pressure on him compared to Trump’s own foolish self-imposed deadlines. And although the U.S. aggression against Iran has been bloody and that against Canada “merely” economic (although with threats of much worse!), Carney has seen, just as Tehran has, that Trump is mercurial and difficult to sustain an agreement with.

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Maritime premiers voice solidarity in response to new U.S. 50% tariffs

August 22, 2026 /

In an interview with CBC News on Saturday, Nova Scotia Premier Tim Houston said he stands with with Prime Minister Mark Carney in pursuing fair trade for Canada. He said the U.S. is no longer a reliable partner and that Canadians should bridge their divisions to work together.

Houston said the new reality should drive Nova Scotia and Canada toward self-reliance to stay strong, saying the province must develop its own energy and natural resources while seeking new markets.

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Prime Minister Mark Carney: The Americans ‘asked too much and offered too little’

August 22, 2026 /

“We were not prepared to compromise Canada’s sovereignty or undermine our key industries.

“We were not prepared to compromise on the protection of the French language and our culture.

“To our American colleagues, let’s be clear: for my government and for Canada, these issues were never on the table, even though the United States tried until the very last minute.

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NWT ‘stands with Team Canada’ over trade deal collapse

August 22, 2026 /

In a Saturday afternoon statement, NWT Premier RJ Simpson said Prime Minister Mark Carney was “right to hold the line for a fair agreement rather than accept a deal at any cost,” adding the territory “stands with the Prime Minister and with Team Canada” on a coordinated response that defends Canadian interests, Cabin Radio reports.

“We are advancing projects like the Mackenzie Valley Highway, the Arctic Economic and Security Corridor and the Taltson Hydro Expansion, while advancing critical mineral development and other resources Canada and our allies need,” the premier wrote.

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Canadian Steel Producers Association respond to U.S. tariff escalation

August 22, 2026 /

Today’s newest tariffs are a concerning escalation from the Trump Administration. Canada and the United States have enjoyed more than thirty years of fully integrated trade and the Canadian and U.S. steel industries have benefited from that relationship. The breakdown in negotiations is regrettable.

The current circumstances present uncertainty and distinct challenges for Canada’s steel producers, but no deal is better than a bad deal, and we maintain our confidence in Canada’s negotiating team and their tireless work to land an arrangement that is beneficial to Canadian steel and the Canadian economy.

Read the whole statement from the Canadian Steel Producers Association (CSPA).

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