Canada

Canada Imposes 25% Tariff on Imports of US Cars

1 month ago

Canada has announced a surprising decision to impose a 25% tariff on the import of new cars from the United States. This move is expected to stir up fresh trade disputes and could significantly impact the automotive markets of both nations.

Trump Threatens to Increase Tariffs on EU and Canada Goods, Calls Their Economic Aggression a Threat to the US

2 months ago

Former President of the United States Donald Trump has once again drawn attention to trade policy by threatening to raise tariffs on imports from the European Union and Canada. In his view, these countries are jointly inflicting economic harm on the American economy. Trump made these threats during a recent speech, emphasizing the need to protect US interests amid growing globalization and competition.

Canada Imposes New $21 Billion Tariffs on U.S. Imports

2 months ago

Canada has taken another step in escalating the trade war with the United States by announcing new tariffs worth $21 billion on U.S. imports. This decision is a response to recent actions by the U.S. government, which imposed tariffs on aluminum and steel, as well as new measures to protect domestic manufacturing. This move heightens market instability and raises concerns among experts about the potential consequences for both economies, which are closely intertwined.

Explosion Causes Production Halt at Toyota RAV4 Plant in Canada

2 months ago

At the Toyota manufacturing plant in Windsor, Canada, an explosion occurred, forcing the pause of production of the popular RAV4 crossover. The incident happened on October 17, 2023. Preliminary reports indicate that the explosion was caused by a gas leak. Four individuals were injured and were immediately taken to the hospital for medical assistance. Fortunately, no fatalities were reported.

Trudeau Aiming to Discuss Tariffs with Trump After Calling Them 'Very Dumb'

2 months ago

Canadian Prime Minister Justin Trudeau expressed hope for a meeting with U.S. President Donald Trump to discuss the tariffs on goods imposed by the American administration. Trudeau did not hide his dissatisfaction, labeling the current tariffs as "very dumb."

Trudeau Responds to Trump: Canada Will Not Back Down in Trade War and Calls Tariffs "Very Dumb"

2 months ago

Canadian Prime Minister Justin Trudeau has stated that his country will not back down in the trade war with the United States, despite Washington imposing tariffs on steel and aluminum. In a recent interview, Trudeau emphasized that Canada is shocked by the actions of the U.S. authorities, which he believes threaten free trade and economic ties between the countries. He described the introduction of import duties as "very dumb" and short-sighted steps that could damage both economies.

Canada Introduces Retaliatory Tariffs on $155 Billion of American Goods

2 months ago

Canadian Prime Minister Justin Trudeau has announced the imposition of new tariffs on imports from the United States. These measures will affect goods worth approximately $155 billion and will reach 25%. The retaliatory tariffs were deemed necessary due to recent actions by the American side which, according to the Canadian government, jeopardized trade relations between the two countries.

Canada and Mexico Impose Retaliatory Tariffs on US Imports

3 months ago

Canada and Mexico have announced retaliatory tariffs on goods imported from the United States in response to actions taken by President Donald Trump's administration. These trade measures were implemented following Trump’s previously imposed tariffs on aluminum and steel, which drew significant backlash from both neighboring countries. Both countries are actively seeking to protect their economic interests and support national production.

Surge in Cargo Theft Between the US and Canada in 2024

4 months ago

According to analytical data, there has been a significant surge in cargo theft in North America in 2024, especially between the US and Canada. Experts note that in the first quarter of the current year, the number of cargo theft incidents has increased significantly compared to previous years, raising concerns among logistics representatives.

Canada's Housing Market Shows Signs of Recovery Amid Lower Interest Rates

8 months ago

Recent reports indicate that Canada's housing market is experiencing a resurgence, attributed largely to a decrease in interest rates. Following a prolonged period of sluggish activity, potential homebuyers are beginning to re-enter the market. The reduction in rates is making mortgage payments more manageable, encouraging many Canadians to consider purchasing properties that were previously out of their financial reach.