Canada-U.S. trade

30 Jan

Trump Threatens 50% Tariff on Canadian Aircraft, Targets Bombardier Jets in Escalating Trade Dispute

Rajeev Sharma0 CommentsCanada, World Newsaircraft tariffs, Bombardier, Canada-U.S. trade, Donald Trump, Gulfstream jets

Washington/Ottawa (Rajeev Sharma): U.S. President Donald Trump has threatened to impose a 50 per cent tariff on Canadian-made aircraft and to “decertify” planes built in Canada, singling out Bombardier jets in the latest escalation of trade tensions between Washington and Ottawa. In a post on his Truth Social platform, Trump accused Canada of unfairly blocking the certification of several Gulfstream aircraft models, including the G500, G600, G700 and G800. He claimed the move effectively prevents the U.S.-based manufacturer from selling its aircraft in Canada. “Canada is effectively prohibiting the sale of Gulfstream products through this certification process,” Trump wrote, adding…

22 Aug

Canada to Eliminate Tariffs on U.S. CUSMA Goods by September 1

Rajeev Sharma0 CommentsCanadaaluminum, autos, Canada-U.S. trade, CUSMA, Donald Trump, Mark Carney, steel, Tariffs

Ottawa (Rajeev Sharma) : Prime Minister Mark Carney announced Friday that Canada will scrap all tariffs on goods from the United States covered under the Canada-U.S.-Mexico Agreement (CUSMA) by September 1.Carney clarified that tariffs on steel, aluminum, and autos will remain in place as the Liberal government continues negotiations with Washington to define a new trading framework. Despite the ongoing trade war, he noted that 85 per cent of bilateral trade with the U.S. remains tariff-free, calling it a crucial advantage for Canadian industries and workers.“As we work to address outstanding trade issues with the U.S., it is important we…