Trump threatens steep tariffs against Canada and Mexico

President Trump opted against deploying a blanket tariff against U.S. trading partners, but kept the heat on Canada and Mexico.

Topics

Trump Pushes for Early Renegotiation of U.S. Trade Deal With Mexico, Canada

President Trump is using the threat of stiff tariffs on goods from Canada and Mexico to pressure the two nations to start renegotiating a continental trade deal.
The Wall Street Journal - 13h
Automakers Brace for Impact of Trump Tariff Plan for Canada and Mexico

North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.
The New York Times - 14h
How Trump’s Tariffs Could Affect the U.S., Canada and Mexico

While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.
The New York Times - 16h
Trudeau says Canada will respond to US tariffs as Ontario's premier says Trump 'declared war'

Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are confident Canada can avoid the 25% tariffs President Donald Trump says he will impose on Canada and ...
ABC News - 17h
Canada Readies Response to Trump’s Feb. 1 Tariff Plan

As the President wields the threat of import duties, Canadian Foreign Minister Mélanie Joly said the country is working to avoid tariffs, but is also ‘working on retaliation.’
Inc. - 18h
Trump Promises Tariffs on Canada and Mexico, and Paves Way for Further Trade Action

The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.
The New York Times - 1d
How Mexico Is Preparing for Tariffs Negotiations With Trump

President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too.
The New York Times - 2d
Wall Street shrugs off Trump after he vows Mexico and Canada tariffs

S&P 500 and Nasdaq Composite largely unmoved as it opened for trading for first time after inauguration. Financial markets largely shrugged after Donald Trump outlined plans to impose punitive ...
The Guardian - 15h
Trump threatens 25% tariff within days for Mexico and Canada

Barrage of executive orders resets domestic and foreign policy as new president promises ‘golden age’ for US
Financial Times - 20h
Trump says he's thinking of imposing 25% tariffs on Canada and Mexico in February

The remarks were made to members of the press as the newly minted chief executive offered a slew of executive orders.
CNBC - 20h
Canada avoids Trump's tariffs - for now

President Donald Trump stopped short of imposing tariffs on Canada on day one but said they may come as soon as 1 February.
BBC News - 21h
Trade war has no winners, China's vice premier warns, as Trump threatens tariffs

Chinese Vice Premier Ding Xuexiang warned of "no winners" in a trade war during a speech Tuesday during the World Economic Forum in Davos, Switzerland.
CNBC - 1d
Trump threatens 25 percent tariffs on Mexico and Canada starting Feb. 1

President Trump on Monday indicated his administration would impose 25 percent tariffs on imports from Mexico and Canada beginning Feb. 1. “We are thinking in terms of 25 percent on Mexico and ...
The Hill - 1d
When the U.S. Hit Canada With Steep Tariffs Before, Canada Had a Plan B

But economic, political and technological changes have left Canada with few ways to handle trade restrictions now.
The New York Times - 4d
Canada Prepares for Trump Tariff Threat With Three-Stage Plan

Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.
The New York Times - 4d
Canada sends Trump 'message' with retaliatory tariff talk

Canada must send a “message” to President-elect Trump on tariffs, one of the country's provincial leaders said Wednesday alongside Prime Minister Justin Trudeau, who described the threatened levies ...
The Hill - 5d
Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief

President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.
CNBC - 5d
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat

The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.
The New York Times - 5d
Canada warns of ‘tit-for-tat’ tariffs on US if Trump imposes levies

Ottawa’s energy minister calls trade tensions a ‘distraction’ from China’s rising economic and military power
Financial Times - 6d
Trump's China tariff threats are helping fuel a manufacturing boom — in Mexico

The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give ...
NBC News - Jan. 15
Canada’s Trudeau Cautions U.S. Consumers to Consider Harms of Trump’s Tariff Threats

Dismissing the president’s bluster about a 51st state, the departing leader urged Americans to think about the impact of high prices that will accompany new import taxes.
Inc. - Jan. 13
Ontario leader warns of ‘pain’ for US if Trump imposes tariffs on Canada

Premier of most populous province says rhetoric clouds trade relationship worth hundreds of billions of dollars. The United States will “feel pain” if Donald Trump doesn’t back down from his ...
The Guardian - Jan. 10
Trudeau: Trump threatened to annex Canada to distract from tariffs impact

Canadian PM says ‘skilful negotiator’ Trump is trying to distract from rise in prices that would follow his proposed tariffs. The Canadian prime minister, Justin Trudeau , has described Donald ...
The Guardian - Jan. 9
Mexico president addresses fentanyl production after Trump's tariff threat

President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.
CBS News - Jan. 8
Trump threatens economic, not military force, to annex Canada

President-elect Trump said Tuesday he was not considering using military force to make Canada part of the United States after repeatedly musing about the idea of the country becoming the 51st ...
The Hill - Jan. 7
Trump's trolling and tariffs sped up Justin Trudeau's demise. How will Canada handle Trump now?

Canadians woke up Tuesday to an uncertain future, after Prime Minister Justin Trudeau said he would resign and bring his near-decade in power to an end.
NBC News - Jan. 7
Trump cites tariffs in call to merge Canada, US

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...
The Hill - Jan. 6
Trump will need to ‘establish a relationship’ with next Canadian PM as he threatens new tariffs

Canadian Prime Minister Justin Trudeau announces plans to step down after growing calls for his resignation. New York Times Canada Bureau Chief Matina Stevis-Gridneff and NBC News Correspondent ...
NBC News - Jan. 6
Mexico, Betting Trump Is Bluffing on Tariffs, Sees an Opportunity

Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.
The New York Times - Jan. 2
Trump tariffs threaten pharmaceuticals

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump tariffs could upend pharma supply chain The hefty tariffs President-elect ...
The Hill - Dec. 31