Carney weighs response as US moves toward 50% Canada tariffs
What's next: The tariffs are due to take effect Aug. 19 as Ottawa keeps trade talks alive and holds back an immediate retaliation.
Bloomberg, Antara News +1
Subject
#Usmca
Trump hit most Canadian goods with 50% tariffs over trade disputes
Why it matters: The levies start in 30 days, cover some goods once shielded by USMCA, and could widen a new U.S.-Canada trade war.
The New York Times, Bloomberg +3
US and Mexico restart USMCA talks as Trump hits Canada with tariffs
Why it matters: The July 1 nonrenewal starts a 10-year countdown for the pact unless all three countries agree on changes.
Bloomberg, The Straits Times +1
Trump hit most Canadian goods with 50% tariffs, with 30-day delay
Why it matters: The levies would reach products once shielded by USMCA, while energy, potash, fish and critical minerals stay exempt.
The New York Times, BBC News (US & Canada) +4
Trump imposes additional 50% tariffs on some Canada imports
The duties take effect Aug. 19 and cover nearly US$20 billion in imports, but energy, potash, fish and critical minerals are exempt.
BBC News (World), Antara News +2
Trump threatens to let USMCA lapse as July 1 review nears
Why it matters: The pact underpins about $1.6 trillion in annual North American trade and any exit process would take 10 years.
The New York Times, The Straits Times +1
Canada, Mexico seek 16-year USMCA renewal before July review
What's next: Washington can renew the pact, push annual reviews, or begin a renegotiation as tariff disputes cloud the talks.