Canada Tariff News and Tracker

Welcome, listeners, to this episode of Canada Tariff News and Tracker. Tensions between the U.S. and Canada have skyrocketed as President Donald Trump threatens 100 percent tariffs on all Canadian imports, directly targeting Prime Minister Mark Carney's recent strategic partnership with China.According to Global News, Trump fired off warnings on Truth Social on January 24, calling Canada a potential drop-off port for Chinese goods flooding into the U.S. He wrote, If Governor Carney thinks he is going to make Canada a Drop Off Port for China to send goods and products into the United States, he is sorely mistaken. Trump even claimed China is completely taking over the once Great Country of Canada, adding a jab about hoping they leave ice hockey alone.Carney pushed back hard on Sunday, telling reporters the U.S. tariffs would hit American affordability hardest, not Canada's. Global News reports he stressed that duties on Canadian goods would be paid by American companies and passed to U.S. consumers. Carney clarified the China deal isn't a free trade agreement but fixes specific issues, like reversing Canada's 2024 100 percent tariffs on Chinese electric vehicles, now down to 6.1 percent for up to 49,000 units, per his office and Fox News. It also eases Chinese tariffs on Canadian canola, pork, and seafood.Canada respects CUSMA commitments, Carney said, with no plans for free trade with non-market economies like China without U.S. notification. Fox News echoes this, noting the agreement rolls back targeted tariffs from recent years amid retaliatory measures.Trump's threat marks an about-face; he initially praised the China deal as a good thing. Conservative Leader Pierre Poilievre demands Carney fast-track affordability measures and trade deals, offering bipartisan U.S. visits.As MPs return to Parliament today, eyes are on budget moves and potential countermeasures. Stay tuned for updates on these escalating tariffs.Thanks for tuning in, listeners—don't forget to subscribe for the latest. This has been a Quiet Please production, for more check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

President Donald Trump has escalated his trade rhetoric against Canada, threatening a staggering 100 percent tariff on all Canadian imports if Ottawa proceeds with its recent trade deal with China. According to Politico, Trump made the announcement on Saturday via his social media platform, warning that such a move would trigger immediate retaliation, building on existing tensions from 25 percent U.S. tariffs imposed early last year on many Canadian goods, with some commodities facing even higher rates under national emergency powers.The flashpoint is Canada's agreement last Friday with China, where Prime Minister Mark Carney pledged to slash Canada's 100 percent tariffs on Chinese electric vehicles—originally imposed in tandem with the U.S. in 2024—to just 6.1 percent, allowing up to 49,000 vehicles annually. In exchange, China will ease retaliatory tariffs on key Canadian exports like lobster, crab, and canola, as reported by ABC News. Trump initially dismissed concerns, calling it a good thing for Carney to negotiate with China, but reversed course amid Carney's Davos speech urging middle powers to diversify alliances beyond the fracturing U.S.-led order.Canadian officials pushed back hard. Trade Minister Dominic Leblanc stated there's no pursuit of a free trade deal with China, emphasizing the "remarkable partnership" with the U.S., while Carney retorted that Canada thrives on its own merits, not U.S. dependence. Trump fired back, calling Canada ungrateful and revoking Carney's invitation to his Board of Peace initiative, per Politico.Current tariff landscape remains tense: About 85 percent of Canadian goods enter the U.S. tariff-free under the USMCA—known as CUSMA in Canada—with most others at 25 percent, though exemptions apply. Trump dismissed the pact this month, saying it expires soon and he doesn't care. Experts like those cited in Toronto CityNews warn a full 100 percent hike would devastate Canadian manufacturers reliant on U.S. markets but boomerang on American consumers and businesses too. Polymarket bettors are wagering on whether such tariffs hit by June 30, with the market live since Trump's post.This Canada Tariff News and Tracker keeps you ahead of the chaos.Thanks for tuning in, listeners—subscribe now for every update. This has been a Quiet Please production, for more check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome back to Canada Tariff News and Tracker. I'm your host, and we've got significant developments to cover as Canada navigates an increasingly tense trade landscape with the United States.Since August 2025, Canadian exporters have been facing a punishing 35 percent tariff rate on goods heading south of the border. This represents a major escalation from the earlier reciprocal tariff framework that began in April 2025 on what was called Liberation Day. Currently, Canada faces a general tariff rate of 35 percent on most goods, though energy products face a lower 10 percent rate. In response, Canada implemented its own retaliatory measures, including 25 percent tariffs on American steel, aluminum, vehicles, and select general goods, with 10 percent tariffs on certain energy commodities.The situation deteriorated sharply this week at the World Economic Forum in Davos. Canadian Prime Minister Mark Carney delivered a forceful critique of American trade policy, declaring that great powers have begun using economic integration as weapons and tariffs as leverage. His remarks drew a rare standing ovation from the international community. President Trump responded by suggesting Canada receives many freebies from the United States and should be grateful, adding that Canada exists because of America.This verbal confrontation has deepened concerns about the future of the United States-Mexico-Canada Agreement, or USMCA, which is set for renewal by July 2026. Trump has already called the agreement irrelevant to American industry, and Canadian Prime Minister Carney recently traveled to China to negotiate new trade conditions, including provisions allowing Chinese electric vehicles into Canada. This move has been viewed as particularly inflammatory by the Trump administration.According to Vanguard's analysis, despite these challenges, Canada maintains the lowest effective tariff rate among major American trading partners at just 6 percent, compared to 16 to 19 percent for other nations worldwide. This provides Canada with a comparative trade advantage, though listeners should note that individual sectors face much higher rates.The broader implications are staggering. Experts at the Foundation for Defense of Democracies warn that dismantling USMCA in favor of bilateral agreements could jeopardize 17 million jobs dependent on North American supply chains built over three decades.Meanwhile, a potential United States Supreme Court ruling could fundamentally alter this trajectory. Markets are betting there's only a 31 percent probability the Supreme Court will uphold Trump's tariff authority under a 1977 emergency powers law. If the court strikes down these tariffs, it could significantly reshape trade negotiations going forward.The coming months will prove critical as all three nations prepare for the USMCA review process. Listeners, stay tuned as we continue tracking these developments.Thank you for tuning in to Canada Tariff News and Tracker. Please subscribe for regular updates on how these trade policies impact your business and community. This has been a Quiet Please production. For more, check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker. Here's what you need to know about the latest developments affecting Canadian trade.As we enter 2026, Canadian businesses and consumers are facing significant tariff pressures that show no signs of easing. According to the Trump 2.0 Tariff Tracker, Canada is currently subject to a 35 percent base tariff on non-compliant goods, with even steeper rates of 50 percent applied to steel, aluminum, and copper products. These rates represent a dramatic shift from the pre-2025 trade environment and are reshaping how North American commerce operates.The situation stems from escalating tensions over what the United States alleges are trans-shipment hubs for Chinese goods flowing through Canada. This concern will intensify when the Canada-United States-Mexico Agreement, or CUSMA, comes up for review in July 2026. That review period will be critical for determining whether tariffs increase further or if negotiations can bring relief.What makes Canada's position particularly challenging is the structure of current tariffs. While most goods compliant with CUSMA receive preferential treatment and duty-free access, non-compliant products face the full weight of tariffs that have pushed the average U.S. tariff rate from 2.5 percent to an estimated 27 percent by April 2025, the highest level in over a century.Recent developments show some movement. According to trade analysis, Canada dropped many of its retaliatory tariffs in August 2025 by matching the CUSMA exemption on compliant goods. However, experts suggest Canada needs a more strategic approach for 2026. Rather than simply matching U.S. trade restrictions, Canadian policymakers should develop targeted safeguard measures in sectors experiencing trade diversion from closed American markets.The pharmaceutical sector also deserves attention. Threatened 100 percent tariffs on branded and patented pharmaceutical products could devastate this important Canadian industry, though companies building manufacturing facilities in the United States may receive exemptions.For businesses and consumers, the practical takeaway is clear: the tariff environment will remain elevated throughout 2026, with current 25 percent rates on certain goods scheduled to increase on January 1, 2027. The upcoming CUSMA review in July represents the most significant opportunity for potential relief, but negotiations are expected to be intense and unpredictable.Thank you for tuning in to Canada Tariff News and Tracker. Be sure to subscribe for the latest updates on how these policies affect your business and wallet. This has been a Quiet Please production. For more, check out quietplease dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker, your essential update on the latest U.S. trade moves impacting our northern border.President Trump has approved a major Canada-China trade deal that slashes tariffs on Chinese electric vehicles entering Canada from 100% to just 6.1%, allowing up to 49,000 EVs annually, according to BNN Bloomberg and Wealth Professional reports. This comes as Prime Minister Mark Carney returns from Beijing, where he secured cuts to Chinese tariffs on Canadian canola and opened doors for joint ventures in our auto sector, per Politico. Trump himself called it a good thing, telling reporters, if you can get a deal with China, you should do that.But tensions with the U.S. simmer. Trump 2.0 Tariff Tracker details ongoing threats against Canada, including a potential 10% hike on our fentanyl-related tariffs atop the existing 40%, plus up to 50% additional duties and 200% on alcohol products. In response to our 3% digital services tax, Trump terminated trade talks last June, with new Canada-specific rates looming. Steel and aluminum face adjusted Section 232 hikes, with 25% on UK-origin aluminum but 50% elsewhere, stacking onto reciprocal tariffs.Trump's fixation on Canada's Arctic vulnerability to China and Russia has U.S. officials pushing joint patrols and early warning systems, says NBC News via The Independent. No annexation talk this time, just partnership to solidify the Western Hemisphere under his Donroe Doctrine. Yet a Pew poll shows most Canadians now view Trump's America as our top threat, and Carney warns of an eroded multilateral system.Meanwhile, Trump's Greenland gambit slaps 10% tariffs on European allies like Denmark, rising to 25% by July unless he gets the territory, rattling alliances.Canada's navigating Trump's tariff cudgel by pivoting east, but experts at Policy Magazine caution China poses its own systemic risks to our interests.Thanks for tuning in, listeners—subscribe now for weekly updates to stay ahead.This has been a Quiet Please production, for more check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker, your essential update on the trade tensions shaping our economy. In a bold pivot, Canada has slashed tariffs on Chinese electric vehicles from 100% to just 6.1%, allowing up to 49,000 EVs this year, rising to 70,000 over five years, according to the Los Angeles Times. This deal, struck Friday in Beijing, also cuts China's tariffs on Canadian canola seed from 84% to 15%, a lifeline for farmers hit hard by export woes, as reported by France 24.But this realignment has ignited fears of Trump's wrath. The LA Times quotes Edward Alden of the Council on Foreign Relations calling it a huge declaration: Canadians now see the U.S. economic threat as bigger than China's. Ontario Premier Doug Ford slammed the move on social media, warning it gives China a foothold in our auto market at workers' expense and risks our access to the vital U.S. export destination. Prime Minister Mark Carney defends the limited quota, but experts like William Reinsch of the Center for Strategic and International Studies predict Trump retaliation, especially against autos, as USMCA renewal looms this year. Canada sends 75% of its exports south—high stakes indeed.Trump's track record looms large. Existing tariffs on Canadian steel and aluminum persist, per both outlets, and he threatened 10% on all Canadian imports in October over an Ontario ad, though he backed off. Wikipedia's overview of second-term tariffs notes USMCA exemptions shield most Canadian and Mexican goods, but steel, aluminum, and autos face 25% hits, with Canada retaliating on billions in U.S. products. Reciprocal tariffs average 27% overall, the highest in a century, though paused and negotiated down for some.As Trump eyes USMCA tweaks to boost U.S. manufacturing, this China deal could poison talks. Will it provoke new tariffs? Stay tuned as we track every twist.Thanks for tuning in, listeners—subscribe now for weekly updates. This has been a Quiet Please production, for more check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Canadian steel exporters are facing unprecedented headwinds as U.S. tariffs continue to reshape North American trade. According to MEPS International, Canada maintained its position as the largest source of steel imports into the United States in 2025, despite tariff rates that have skyrocketed to 50 percent. However, the toll is substantial. Nearly 3.3 million tonnes of Canadian steel entered the U.S. market last year, representing 28 percent of total American imports, but that's down significantly from previous years.The tariff situation escalated rapidly in recent months. In March 2025, the U.S. reinstated Section 232 steel tariffs at 25 percent with no exemptions. By July, that rate doubled to 50 percent. This dramatic shift happened in just five months, completely upending supply chains and creating serious financial pressure on both Canadian exporters and American importers. In the second half of 2025 alone, Canadian steel imports dropped 44 percent year-on-year.MEPS reports that imports of Canadian flat and long finished carbon steel products declined by 32 percent annually, exceeding an overall 23 percent decline in U.S. steel imports. The composition of Canadian exports has shifted too. Flat products used primarily in automotive manufacturing now represent 77 percent of Canadian-origin steel imports, up from 75 percent the previous year. Long products have declined more sharply due to the tariff burden.Back home, the impact on Canadian producers has been severe. Algoma Steel, ArcelorMittal Dofasco, and Stelco have all reduced workforces and curtailed operations. According to MEPS research, Dofasco and Stelco are operating at around 50 percent production capacity, while Algoma is shutting down its blast furnace. In response, the Canadian government introduced a new tariff-rate quota system in December 2025, implementing a 50 percent above-quota tariff to protect its domestic industry.There's a glimmer of hope on the horizon. The United States-Mexico-Canada Agreement will be reviewed in July 2026, and steel exports will be a focus point for Canadian negotiators. However, MEPS notes there's currently little indication that Section 232 steel tariffs will be reduced or eliminated in the near term. Canadian steel mills have responded by raising prices sharply to restore profitability and reduce reliance on U.S. exports.As trade relationships continue evolving, Canadian steelmakers are increasingly dependent on domestic demand while hoping for tariff relief through the upcoming USMCA negotiations.Thank you for tuning in to Canada Tariff News and Tracker. Be sure to subscribe for the latest updates on how tariffs are affecting Canadian trade and your economy. This has been a Quiet Please production. For more, check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker. Here's what you need to know about the latest developments affecting Canadian trade.President Trump announced just two days ago that any country doing business with Iran will face a 25 percent tariff on all U.S. trade. This could directly impact Canada, as the administration considers China the biggest global customer for Iranian oil, and Canada maintains various trade relationships that may be scrutinized under this new policy.The more immediate concern for Canadian listeners involves the future of the USMCA, the United States-Mexico-Canada Agreement. Trump has called the trade pact irrelevant and stated he doesn't need Canadian products. During a recent visit to a Ford plant in Michigan, Trump said the agreement "wouldn't matter to me" if it expired, emphasizing that the U.S. doesn't need cars made in Canada. The three nations must make critical decisions about the trade deal by July, with options to renew it for another 16 years, withdraw entirely, or trigger ongoing annual reviews. Trump's public comments suggest he's prepared to walk away or demand significant concessions.Currently, Canada benefits from USMCA protections on most goods, facing a 25 percent tariff on non-compliant products and just 10 percent on energy and potash. Without this agreement, Canadian exporters would face substantially higher effective tariff rates. However, Canadian industries are already being hammered by Trump's separate tariffs on steel, aluminum, automobiles, lumber, and copper.Adding to the tension, the Trump administration is demanding that Canadian provinces lift boycotts on American alcohol. According to data from the U.S. Department of Agriculture, exports of wine and distilled spirits to Canada plummeted 84 and 56 percent respectively in October compared to the previous year. Trump's trade representative has made clear that lifting these provincial booze bans is a key condition for securing a successful USMCA review.The uncertainty surrounding these trade relationships is affecting Canadian consumer behavior. Recent polling shows 71 percent of Canadians are now less likely to purchase U.S.-made goods, and visits to the U.S. dropped 28 percent last year.Meanwhile, the Supreme Court is expected to rule as early as this month on the constitutionality of Trump's tariffs. A decision could undo many of these trade barriers, though the outcome remains uncertain.Canadian businesses and policymakers face a critical period ahead as the USMCA review unfolds and trade tensions persist.Thank you for tuning in to Canada Tariff News and Tracker. Don't forget to subscribe for ongoing updates on how these tariffs affect your business and community.This has been a Quiet Please production. For more, check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker, where we break down the latest on U.S. tariffs impacting our trade with the world's biggest economy. As of early 2026, Prime Minister Mark Carney is navigating a high-stakes chessboard with President Trump's aggressive tariff policies, now facing Supreme Court scrutiny set for rulings on January 14.Trump's second administration kicked off with fireworks: in February 2025, he slapped 25% tariffs on most Canadian goods under the International Emergency Economic Powers Act, citing fentanyl trafficking as a national emergency. Wikipedia details how these quickly targeted non-USMCA compliant imports, though USMCA exemptions shielded about 85% of our exports by late summer, per Flexport's 2026 Trade Outlook. Canada fired back with 25% retaliatory tariffs on $20 billion in U.S. goods, later expanding to $85 billion before suspensions kicked in.By April 2025, Trump hiked steel and aluminum tariffs to 50%—Canada, our top supplier, retaliated again on March 13. Policy Magazine reports Carney's recent China visit aims to counter this by doubling non-U.S. exports over the next decade, amid a brewing EV-canola trade war. China hit our canola, pork, and seafood after our 100% EV tariffs matched U.S. moves, but deals could phase those out if we ease up—though Ontario Premier Doug Ford warns against endangering auto plants.USMCA reviews loom large, with Trump pushing for tougher rules of origin to block Chinese transshipments through Canada, potentially turning North America into a "Fortress," as Policy Magazine warns. Volkswagen argues Trump's 25% auto tariffs violate USMCA commitments, per CBT News. Flexport predicts ongoing volatility into 2026, with current 25% rates holding through the year and hikes eyed for 2027, according to GHY Trade Compliance.Carney's strategy balances U.S. pressure—where Trump mused about Canada as the 51st state—with diversification, but ABC News notes Washington watches every China move closely. Canada's October 2025 trade deficit widened as imports rose 3.4% against 2.1% export growth, per MSCI.Stay tuned as CUSMA talks heat up—tariffs could reshape our economy.Thanks for tuning in, listeners—subscribe now for weekly updates. This has been a Quiet Please production, for more check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Listeners, welcome to Canada Tariff News and Tracker, where we unpack how Washington’s tariff fights are hitting Canada right now.According to the Eurasia Group, no country is more exposed to the Trump administration’s new trade and tariff shocks than Canada. Global News reports that President Donald Trump has imposed multiple new duties on Canadian steel, aluminum, autos, and lumber, creating what the firm calls “ongoing trade uncertainty” that could reshape the Canadian economy and its place in the world. The same analysis warns of a “Zombie USMCA” – a North American trade deal that is neither fully alive nor dead – leaving Canada to navigate constant threat of new tariffs while trying to diversify trade elsewhere.At the core of this story is Trump’s broad tariff strategy. The Tax Policy Center’s Tariff Tracker notes that Trump has put in place a 10 percent minimum tariff on all imports, plus higher “reciprocal” rates on about 60 countries. Canada and Mexico face previously implemented 25 percent tariffs on a wide range of goods not covered by USMCA, even as USMCA-compliant trade remains exempt. The Tax Policy Center estimates tariffs will raise about $2.3 trillion in revenue from 2026 to 2035, but at the cost of lower real incomes and higher prices for households across North America.For Canada specifically, the Japan Times reports that about 85 percent of Canada–U.S. trade is still tariff‑free under USMCA, but the remaining 15 percent faces Trump’s 35 percent import tax on non‑exempt Canadian goods. That split is crucial: most trade flows, but the targeted sectors—especially metals, autos, and some manufactured goods—are absorbing punishing tariff rates that ripple through supply chains, investment decisions, and jobs on both sides of the border.Steel Market Update highlights that Prime Minister Mark Carney has already warned Canadians not to expect U.S. tariffs on Canadian steel, aluminum, and other goods to fall any time soon. Trade lawyers anticipate that even if some tariffs are struck down in U.S. courts, the administration could quickly re‑impose new levies under other legal authorities, keeping Canadian exporters in a near‑permanent state of uncertainty.Meanwhile, Moneycontrol reports that roughly 70 percent of Canadian exports still go to the United States, with around 85 percent of that enjoying tariff‑free status for now. Analysts caution that even the threat of removing those exemptions—or expanding the 25 to 35 percent sectoral tariffs Canada already faces—could “cripple the Canadian economy” by weaponizing access to the U.S. market.Taken together, these moves have pushed the effective U.S. tariff rate to levels not seen since the 1930s, while making Canada the frontline test case for Trump’s tariff‑driven leverage over allies. For Canadian businesses, this is no longer a short‑term trade spat; it is a structural risk that has to be tracked deal by deal, sector by sector.Thanks for tuning in to Canada Tariff News and Tracker. Be sure to subscribe so you never miss an update on how U.S. tariffs and Trump’s trade agenda are reshaping Canada’s economy.This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker, listeners, where we break down the latest on US tariffs hitting our borders. As we kick off 2026, the US and Canada are ramping up talks to renew the USMCA, the key deal shielding us from Trump's tariff barrage, with formal negotiations set to restart right after the holidays, according to GetTransport.com.Trump's tariffs are reshaping trade, averaging over 10% across the board—up from just 2% at the start of 2025—per Export Development Canada, and Canada faces specific hits like 25% on most goods not meeting USMCA rules of origin, 10% on energy and potash, plus 35% on many items under an August 2025 executive order, as detailed in Sullivan & Cromwell's Tariffs Tracker. Steel and aluminum now carry 50% duties after exemptions vanished, while softwood lumber sits at 10% and wood products like kitchen cabinets and upholstered furniture hold at 25%, with planned hikes to 30% and 50% delayed until at least 2027, reports Tax and Trade Law and Retail TouchPoints.Key flashpoints include US demands to open Canada's dairy markets, lift alcohol trade bans, scrap digital streaming taxes on firms like Netflix, and secure critical minerals access—issues Canada, led by Trade Minister Dominic LeBlanc and Prime Minister Mark Carney, is tackling head-on amid Trump's belligerence, notes Global News and The Logic. Cautious optimism surrounds steel and aluminum tariff cuts, but dairy and digital levies look stalled.The Canadian dollar strengthened 5% against the USD in 2025 despite the chaos, and analysts at Morningstar forecast further gains in 2026 unless USMCA talks sour, buoyed by Bank of Canada policy. Meanwhile, Canada fights back, tightening steel import quotas and slapping a 25% surtax on derivatives since late December, via BDO insights. Manitoulin warns this year's CUSMA renegotiation is our bulwark against escalating Trump tariffs.Stay vigilant, listeners—these talks will dictate freight costs, exports, and our economy. Thanks for tuning in to Canada Tariff News and Tracker—subscribe now for weekly updates. This has been a Quiet Please production, for more check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker, listeners, where we cut through the noise on the latest U.S.-Canada trade tensions. As 2026 kicks off, the spotlight is on the Canada-U.S.-Mexico Agreement, or CUSMA, facing its mandatory review starting in July. National Post reports that President Trump, who once called it the gold standard, is now threatening to let it expire or scrap it for bilateral deals, zeroing in on Canada's dairy supply management, Online News Act, and Online Streaming Act.Trump's demands are sharp: open Canada's dairy market beyond the current 3.6 percent tariff-free quota under CUSMA, where out-of-quota tariffs hit 200 to over 300 percent, according to trade experts like Scott Lincicome of the Cato Institute. U.S. Trade Representative Jamieson Greer has flagged these as key issues, alongside easing provincial alcohol import bans. WRVO Public Media notes recent talks soured after an Ontario ad quoting Ronald Reagan against tariffs, prompting Trump to halt negotiations and threaten a 10 percent tariff hike on Canadian goods.Current tariff rates reflect the heat. CUSMA shields over 85 percent of Canadian-U.S. trade from Trump's broader regime, but sectors like softwood lumber and finished wood products aren't so lucky. Montreal Gazette highlights kitchen cabinets facing 25 percent duties, with a planned jump to 50 percent delayed until January 2027 after Trump's New Year's Eve pause amid negotiations. Dealership Guy warns USMCA changes could bring multibillion-dollar shocks to autos, as Trump claims Mexico and Canada have taken advantage.Prime Minister Mark Carney is urging patience, pushing new partnerships while analysts like Fen Hampson suggest administrative fixes to TRQ allocations without dismantling supply management. Yet, with U.S. effective tariff rates at 17 percent last year per the Conference Board, and Eurasia Group predicting a zombie USMCA in limbo, Quebec's economy shows resilience thanks to exemptions, but exporters brace for uncertainty.Listeners, stay tuned as these talks unfold—tariffs could reshape everything from milk prices to factory lines.Thank you for tuning in, and don't forget to subscribe for weekly updates. This has been a Quiet Please production, for more check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker, where we break down the latest twists in the trade wars hitting our borders. Listeners, as President Trump ramps up pressure on Canadian exports, two major stories dominate this week.First, relief flickers for our furniture and kitchen cabinet makers. Global News reports Trump paused his planned tariff hikes set for January 1, dodging a jump to 50 percent on cabinets and vanities or 30 percent on upholstered furniture. But don't celebrate yet—the existing 25 percent duties slapped on in October are still crushing the $4.7 billion industry. Canadian Kitchen Cabinet Association vice-president Luke Elias says companies are reeling, with layoffs already hitting and more looming. Manitoba's Elias Woodwork, exporting 80 percent to the U.S., warns profits are wiped out despite using American materials. With 3,500 firms and 25,000 jobs at stake, industry leaders demand Ottawa fight harder in upcoming CUSMA reviews, slamming cheap Asian parts rerouted through Canada as a sneaky loophole.Meanwhile, a homegrown tariff drama unfolds with Chinese EVs. Piston Pundit details how Ottawa's 100 percent levy from October 2024, meant to shield our auto sector, backfired spectacularly. China retaliated with 75.8 percent tariffs on canola, devastating Prairie farmers—Saskatchewan's $5 billion export lifeline is crumbling, futures dropped 6.5 percent, and unsold crops pile up. EV sales tanked 40 percent to just 8.6 percent of new registrations by mid-2025, killing incentives and choices. Now, Prime Minister Mark Carney and Foreign Minister Mélanie Joly signal a rethink, eyeing diversification to Japan and South Korea while linking relief to Chinese factory investments here. Farmers want markets back, automakers fear a flood—but this pivot could slash EV prices and revive farms.Trump's broader salvoes? A Harvard and University of Chicago paper reveals U.S. importers paid an actual 14.1 percent trade-weighted rate last September—half the announced peak—thanks to exemptions, including for Canada under CUSMA, where 90 percent of goods now claim zero-tariff compliance. Still, 94 percent of costs pass to American firms and consumers, hiking prices on everything from trucks to ag gear.Stay vigilant, listeners—the CUSMA showdown looms. Thank you for tuning in to Canada Tariff News and Tracker—subscribe now for weekly updates. This has been a Quiet Please production, for more check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker, your essential update on the latest U.S.-Canada trade tensions under President Trump.As 2026 kicks off, the big story is the looming Supreme Court decision on the legality of U.S. tariffs against Canada, expected this month or February. InvestingLive reports that an expedited hearing could lead to refunds and signal limits on Trump's tariff powers; a ruling against them might boost the Canadian dollar and global commodities, while approval could spark capital flight. Firstpost notes Trump's administration is ready to pivot using other laws if needed, amid 2025's average U.S. tariff rate surging to 17%—the highest in decades—generating nearly $30 billion monthly, with Canada negotiating carveouts alongside Mexico and others.USMCA remains a flashpoint. The U.S. Trade Representative indicated on December 17-18 it favors staying in the deal with changes, like more dairy concessions, per InvestingLive and positive senator feedback reported in the Wall Street Journal. Republican Senator James Lankford said USTR's Greer affirmed support for the three-nation pact. Triggering the sunset clause wouldn't end it but start annual reviews, and Canada holds leverage by addressing dairy restrictions, the Online News Act, and Online Streaming Act, according to the National Post.Tariff risks for Canada look overblown long-term. InvestingLive predicts drops in steel, aluminum, and possibly lumber tariffs by year-end, plus upside from a potential "fortress North America" strategy blocking China. B.C. Business highlights that 85 to 90 percent of Canadian exports to the U.S. still flow tariff-free despite trade wars. U.S. Customs and Border Protection just announced 2026 tariff rate quotas for food, agriculture, apparel, and more, via GHY International.Commodities, stable politics under the Carney government, and resilient consumers could rally the loonie another 5% to USD/CAD 1.3070.Stay tuned as these battles unfold—tariffs are Trump's weapon, but Canada is positioned to weather the storm.Thanks for tuning in, listeners—subscribe now for weekly updates. This has been a Quiet Please production, for more check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker. As we close out 2025, Canada faces significant economic headwinds from the Trump administration's aggressive tariff policies that have fundamentally reshaped North American trade.Throughout 2025, President Trump deployed unprecedented tariff authority, invoking the International Emergency Economic Powers Act to implement sweeping trade measures. In August, Trump increased the tariff rate on Canadian goods to 35 percent, though goods compliant with the USMCA trade agreement remained exempt from these levies. This exemption has been crucial for Canadian exporters, protecting approximately 95 percent of Canadian exports from tariffs.The tariff landscape shifted dramatically in October when Trump announced an additional 10 percent tariff on Canada in retaliation for advertisements aired by Ontario Premier Doug Ford during the World Series opposing Trump's tariff policies. This brought total baseline tariffs to 45 percent for non-USMCA compliant Canadian goods, though the agreement's protections continue shielding the vast majority of bilateral trade.Steel and aluminum have emerged as particular flashpoints. Canada, as America's largest supplier of these critical materials, faced 25 percent tariffs on steel and aluminum imports. In response, Canada implemented 25 percent retaliatory tariffs on an additional 20.6 billion Canadian dollars of US goods in March. The situation escalated further when Canada added a 25 percent tariff on non-compliant US-made USMCA vehicles in April.The broader American tariff regime reveals the scale of Trump's trade war. From January to April 2025, the average US tariff rate surged from 2.5 percent to an estimated 27 percent, the highest level in over a century. By November, the average effective tariff rate settled at 16.8 percent. Overall, US tariff revenue exceeded 30 billion dollars monthly by late 2025, with annual customs revenue reaching 250 billion dollars by December.For Canadian sectors, wheat farmers experienced particularly severe consequences. Canadian wheat captured 62 percent of South Korea's imports by mid-2025, displacing American suppliers who lost 410 million dollars in revenue and saw 6,200 jobs eliminated in North Dakota alone. This represents the kind of collateral damage reshaping North American supply chains.Looking ahead, Canadian exporters remain cautiously optimistic that USMCA protections will continue anchoring bilateral trade, yet uncertainty persists as Trump's tariff strategies continue evolving and retaliatory measures remain on the table.Thank you for tuning in to Canada Tariff News and Tracker. Please subscribe for the latest updates on how these policies affect Canadian businesses and workers. This has been a Quiet Please production. For more, check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker, your essential update on the escalating US trade pressures hitting our borders. In 2025, dubbed the year of the tariff by National Post analysts, President Trump's aggressive policies reshaped global commerce, with Canada squarely in the crosshairs as one of America's top trading partners.Trump kicked off the year with double-digit import taxes on Canada, Mexico, and China, quickly expanding steel and aluminum duties to 25% worldwide. By April, his Liberation Day tariffs slammed nearly every nation, but Canada faced specific retaliation fire—25% auto tariffs plunged the industry into chaos, prompting swift Canadian countermeasures. National Post reports that in August, US import taxes on Canadian goods surged to 35%, alongside punishing 50% levies on sectors like steel, now hiked to 50% overall.Imports from Canada dropped noticeably in the first three quarters, per The Journal's analysis, as businesses grappled with uncertainty and rising household prices passed on by importers. Trump justified these moves to slash the US trade deficit and revive manufacturing, but they've fueled volatility—stock markets tumbled, and on-again-off-again duties targeted critics, hitting Canadian exporters hard.Legal battles offer a glimmer of hope. Federal courts blocked some sweeping levies under emergency powers, and the US Supreme Court fast-tracked the case for 2026 oral arguments. Justices seemed skeptical of Trump's broad authority, with an appeals court ruling he exceeded limits on national emergencies—yet tariffs persist for now. National Post experts warn that if the administration wins, current rates could balloon, complicating next summer's Canada-US-Mexico Agreement renegotiation, once hailed as the gold standard under Trump's first term.Bank of America CEO predicts de-escalation in 2026, though Bloomberg Economics notes average US tariffs jumped from 2% to 14%. Canada is ramping up military spending to meet US demands, per insiders, while figures like Mark Carney highlight no quick steel tariff relief in sight, potentially rippling into London's 2026 housing market via higher construction costs.Stay vigilant, listeners—these tariffs aren't just numbers; they're reshaping our economy. Tune in next time for updates.Thanks for tuning in, and don't forget to subscribe for every breaking development. This has been a Quiet Please production, for more check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker, where we break down the latest on US tariffs hitting our northern border. Listeners, 2025 has been a rollercoaster for Canada-US trade, with President Trump flipping the script on decades of open borders and free-flowing goods.It kicked off hard in early February when Trump signed an executive order slapping a 25% tariff on Canadian goods and 10% on energy resources like potash, citing fentanyl flows that US Customs data shows were just 0.2% from our border, according to Business Insider. Those levies paused briefly after a Trump-Trudeau call, then hit on March 4, only for USMCA-covered goods to get exemptions days later. But Trump didn't stop: by June, steel tariffs doubled to 50%, slamming our major exports, and by July, non-USMCA imports faced 35% duties. ChrisD.ca reports these jumped further in August over dairy supply management gripes.Canada fought back fiercely. By late March, we imposed 25% retaliatory tariffs on C$30 billion of US goods—think steel, peanut butter, wine, and cosmetics—sparking a massive Buy Canadian wave. Provinces boycotted US booze; Ontario's Doug Ford even ran a Reagan-quoting ad blasting tariffs, infuriating Trump into freezing talks. US spirits exports to us plunged 85% in Q2, per the Distilled Spirits Council.Politically, it shook us up—Conservative leader Pierre Poilievre lost his seat amid the tariff fury, paving the way for Mark Carney's leadership. Carney suspended our digital tax, dropped most retaliations, and hiked defense spending, but talks stalled after that ad fiasco. No deal yet, as Yale Budget Lab data shows US effective tariffs peaked at 17-22.5% this year—the highest since 1935—raking in $236 billion, per the Associated Press.Yet silver linings: our GDP beat expectations in Q3, gold exports surged amid global chaos, and we're eyeing Asia for diversification. Economists like Carlo Dade at the University of Calgary say skip a US deal—Trump doesn't play fair.Thanks for tuning in, listeners—subscribe for weekly updates on tariffs shaking our economy. This has been a Quiet Please production, for more check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker, where we break down the latest on U.S. tariffs hitting our northern border. As of late December 2025, the U.S. average applied tariff rate stands at 16.8 percent, up from 2.5 percent earlier this year, according to Wikipedia's detailed recap of the second Trump administration's policies. That's generated over $250 billion in U.S. tariff revenue by now, with monthly collections topping $30 billion.Trump kicked off the trade war on February 1, declaring national emergencies over fentanyl and imposing 25 percent tariffs on most Canadian goods under the International Emergency Economic Powers Act. Canadian energy products got a reduced 10 percent rate initially. Prime Minister Mark Carney, who led Liberals to a minority government victory in April amid anti-Trump sentiment, responded by suspending Canada's digital services tax, dropping most retaliatory tariffs, and boosting border security and defense spending.By August, Trump hiked Canada's base tariff to 35 percent, citing dairy supply management and fentanyl flows, while Section 232 tariffs doubled steel and aluminum duties to 50 percent—Canada being the U.S.'s top supplier. Auto tariffs hit hard too: a 25 percent levy on all imported cars from April closed USMCA exemptions, though compliant auto parts later got relief. Ford CEO Jim Farley warned it could devastate the integrated North American supply chain, with car prices potentially rising $4,711 per vehicle, per economist Arthur Laffer.USMCA-compliant goods—covering 95 percent of Canadian exports—remain exempt from the broadest tariffs. But tensions boiled over in October when Trump slapped an extra 10 percent on Canada after Ontario Premier Doug Ford aired anti-tariff ads quoting Ronald Reagan during the World Series. Talks stalled, with no deal in sight despite G7 pledges and White House meetings.AM800 CKLW calls 2025 the year the shoe dropped on Canada-U.S. relations, freezing ties once expected to deepen under free trade. Seattle PI reports ongoing retaliation from Canada amid auto industry chaos. As China falls to third in U.S. imports behind Canada and Mexico, per Times Union, our exports face both opportunity and peril.Stay vigilant, listeners—these tariffs reshape jobs, prices, and sovereignty daily.Thanks for tuning in to Canada Tariff News and Tracker—subscribe for weekly updates. This has been a Quiet Please production, for more check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker, where we break down the latest on U.S. tariffs impacting our northern border. Listeners, as we wrap up 2025, the tariff saga with President Trump's second term has dominated headlines, especially for Canada.According to the American Manufacturing Alliance, 2025 has been dubbed the Year of the Tariff, with early peaks possibly leveling off as trade partners like Canada negotiate favorable deals with the Trump administration. Global News reports the Bank of Canada remains cautious heading into 2026, keeping all eyes on the CUSMA trade agreement amid escalating pressures.Trump kicked off his term with swift action: ABC News details how tariffs were announced on Canada and Mexico in the opening days, only to be paused two days later amid intense backlash and talks. Financial Post editors call it the dominant story of the year, sparking a surge in Canadian nationalism and pride against the trade threats.On rates, JD Supra outlines the current Section 232 landscape, where steel and aluminum tariffs jumped from 25% to 50% on June 4, 2025, hitting Canadian exports hard and prompting rapid responses from Ottawa.Experts are still racing to decode these rules, as ABC News notes, with businesses adapting to the uncertainty. For Canada, this means heightened focus on CUSMA renegotiations and potential retaliatory measures to protect our auto, energy, and manufacturing sectors.Stay tuned as we track every development—tariffs could reshape our economy in 2026.Thanks for tuning in, listeners—don't forget to subscribe for weekly updates. This has been a Quiet Please production, for more check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI

Welcome to Canada Tariff News and Tracker. I'm bringing you the latest on how tariffs are reshaping Canada's trade landscape as we head into 2026.The past year has been a rollercoaster for Canadian exporters. While President Trump's administration has levied waves of tariffs on different goods throughout 2025, reaching a blanket rate of 35 percent on Canadian goods, a critical exemption has kept the majority of Canadian businesses afloat. According to data from the U.S. Census Bureau, 90 percent of Canadian goods entered the United States tariff-free as of July. This lifeline exists because goods compliant with the Canada-U.S.-Mexico Agreement, or CUSMA, are exempt from those blanket tariffs. The Bank of Canada estimates the effective tariff rate on Canadian exports at just 5.9 percent when accounting for this exemption, though Oxford Economics puts it slightly higher at 6.3 percent.But here's where things get concerning for listeners. That CUSMA exemption is absolutely at risk in 2026. Trade officials are preparing for a review of the agreement, and experts warn that if this exemption disappears, Canada's economy would face what's being called "longer-term scarring." Tony Stillo, director of Canada economics at Oxford Economics, stated that without the exemption, the economy's size would be lower for several years, probably permanently.International trade lawyer William Pellerin said the 2026 review was meant to be just that, a review, not a renegotiation. However, the Trump administration has signaled willingness to walk away from CUSMA if the U.S. doesn't secure certain concessions from Canada and Mexico. Pellerin called the loss of the CUSMA exemption a "nuclear option."In response to this uncertainty, Canada is making a strategic pivot. Ottawa has been aggressively expanding trade ties across Asia. In September 2025, Canada secured a landmark free-trade deal with Indonesia, opening doors in energy, agriculture, and technology. In November, Canada signed a bilateral investment treaty with the United Arab Emirates, complete with an expanded air-services pact. Ottawa is also reviving trade talks with India and has set an ambitious target to finalize a free-trade agreement with the ten-member ASEAN bloc by 2026. This diversification strategy reflects Canada's determination to reduce vulnerability to unilateral U.S. actions and build resilience in an unpredictable trade environment.As negotiations heat up heading into next year, Canadian listeners should stay alert. The stakes are high, but Canada's proactive approach to finding new trading partners shows determination to weather whatever comes next.Thank you for tuning in to Canada Tariff News and Tracker. Please subscribe for the latest updates on how tariffs affect your economy and your community.This has been a Quiet Please production. For more, check out quietplease dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI