Trump Trade War

Canadian Small Businesses Weather Trump Tariffs by Turning Inward, Backing Homegrown Products

Canadian Small Businesses Weather Trump Tariffs by Turning Inward, Backing Homegrown Products

Ottawa, April 19, 2025: Canadian small businesses are recalibrating in the face of steep U.S. tariffs, as the economic strain from Washington’s latest trade retaliation forces firms to look inward. Once-reliable cross-border ties are now being tested, but a groundswell of national support is helping these businesses adapt.The U.S. tariff wave, sparked by ongoing disputes over agriculture and automotive trade, has led to rising import costs and disrupted supply chains. In response, Canadian businesses and consumers alike are increasingly prioritizing "Made in Canada" goods. A recent Angus Reid Institute poll found that 98% of Canadians now prefer domestic products, with…
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Canada Vows Retaliation as Trump Imposes New Tariffs on Foreign-Made Cars

Canada Vows Retaliation as Trump Imposes New Tariffs on Foreign-Made Cars

Ottawa, April 3, 2025 – U.S. President Donald Trump has announced new tariffs on foreign-made automobiles, imposing a 25% duty on imports while applying a 10% baseline tariff on several other nations. However, Canada and Mexico have been spared from the initial wave of tariffs.Trump’s latest move, part of his ongoing trade war strategy, has triggered strong responses from global trade partners. Canadian Prime Minister Mark Carney, addressing the issue from Parliament Hill, declared that his government would act with “purpose and with force” to counter the U.S. trade actions. Although he did not immediately reveal the specifics of Canada’s…
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