Trump, Canada and reciprocal tariff
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Tariff negotiations between the two top trading partners are on a different track from those the U.S. is pursuing with other nations. But Canada may not get a better outcome.
U.S. President Donald Trump's pause on his sweeping global tariffs is set to expire in just a few days, unless he opts to give countries extra time to strike deals — as his advisers have suggested this weekend.
The Canadian Press on MSN2d
Trump delays deadline for trade deals, Canada's deadline remains in placeU.S. President Donald Trump said he will be sending letters to governments around the world as he seeks trade deals — but Canada is not being affected by Wednesday's tariff deadline. Trump ramped up pressure ahead of his self-imposed deadline by sending correspondence to countries hit by "Liberation Day" duties warning them he will impose a high tariff rate if there's no trade deal.
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company.
Manufacturers and construction companies — as well as consumers — would face higher prices if the U.S. jacks up tariffs on copper, analysts said.
The announcement came after a press conference in which Trump presented an ambiguous timeline for tariffs he put on other nations to go into effect.
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Secretary of State Marco Rubio talks about countering China as it expands its global influence. But President Trump’s tariff threats have created tension with U.S. partners.