Canada U.S. trade war

Canada-U.S. Trade War Heats Up as Leaders Hold Quiet Talks to Resolve Tariff Dispute

Canada-U.S. Trade War Heats Up as Leaders Hold Quiet Talks to Resolve Tariff Dispute

Ottawa/Washington: Canadian Prime Minister Mark Carney and U.S. President Donald Trump are in active direct communication amid intensifying trade tensions, triggered by Washington’s decision to double tariffs on Canadian steel and aluminum exports from 25% to 50%.Describing the standoff as a full-fledged "trade war alongside negotiations," Canadian Industry Minister Mélanie Joly confirmed that the two leaders are pursuing a diplomatic path while navigating the economic fallout. Canadian Trade Minister Dominic LeBlanc, U.S. Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamieson Greer are also engaged in backchannel talks to explore a resolution.U.S. Ambassador to Canada Pete Hoekstra revealed that discussions…
Read More