President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.

The tariffs imposed on other countries importing goods into Canada depend on their designation as a Most-Favoured Nation (MFN), General Preferential Tariff (GPT) or Least Developed Country Tariff ...

Trump's tariffs on Canada and Mexico could have a broad economic impact. In 2023, Canada supplied 52 percent of U.S. petroleum imports, while Mexico provided another 11 percent. Trump has hinted that ...

General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump ...

jobs and the Canadian economy in general, said Lee. But Trump’s tariffs could have a negative effect on Americans, too. For example, American car companies use parts that are made in Canada.

Investors are on the lookout for potential economic and market impacts of the new US tariffs. During these times of ...

One list being circulated internally includes nearly every product the U.S. exports to Canada, said one government official, with the general aim of going “dollar for dollar” on tariffs.

There's growing concern that a 25% potential tariff on Canadian imports to the U.S. could be an existential threat to the country's recovering automotive industry. President-elect Donald Trump has ...

Tariffs would ... to the table.” General Motors and Ford Motor declined to comment on the matter. Both companies produce significant numbers of vehicles and components in Canada and in Mexico ...