Finance Minister Dominic LeBlanc sent a video describing Canada's border security efforts to the man U.S. President Donald Trump has chosen to oversee his tariff agenda — part of Canada's pitch to avoid devastating duties that could come as soon as Saturday.
President Donald Trump has stated his intention to impose 25% tariffs on all goods coming from Canada and Mexico as soon as February 1st, 2025.
President Donald Trump said Monday he planned to put a 25% tariff on imports from Canada and Mexico by Feb. 1, but held off on previous pledges of across-the-board tariffs and even higher ones on China.
Amidst a flurry of executive orders President Trump promised he would sign on day one, he said the much-awaited tariffs would come in February.
Tariffs of 25 percent could hit goods from Mexico and Canada entering the U.S. as soon as next month, Donald Trump announced on Monday while signing executive orders, signaling the beginning of a potential trade war that could have major effects on the U.S. economy.
President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports.
Earlier in the day, cabinet ministers were careful not to declare victory after Trump was sworn into office without mentioning Canada at all, and with no sign of the punishing tariffs he's been threatening since the November election.
President Donald Trump said he planned to impose previously threatened tariffs of as much as 25 percent on Mexico and Canada by Feb. 1, reiterating his contention that America’s two immediate neighbors are letting undocumented migrants and drugs flood into the country.
Mexico, Canada and China are leading sources for goods imported ... work to ensure it is ready to respond to any US actions. Canada's finance minister Dominic Leblanc added that it would be a mistake for Washington to proceed with tariffs.
President Donald Trump’s plans for tariffs on Canada and Mexico, two nations vital for U.S. energy and auto imports, threaten to set off a trade war.
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The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0950 ET – Oil futures are steady with the market starting to wonder how OPEC and its allies may respond to President Trump’s call for the group to help lower prices at their meeting next week.