Canada says it is evaluating “all options” after fresh US tariff threats
Canada has said it is evaluating “all options” after the United States administration announced plans to impose a new 50% tariff on a significant number of Canadian goods.pm+1 In a statement, Prime Minister Mark Carney described the move as the latest in a series of unilateral US trade actions that violate the Canada–United States–Mexico Agreement (CUSMA), including earlier tariffs on the Canadian auto sector.cbc+2 Carney said Canada has so far responded with matching, targeted measures but warned that Ottawa is prepared to take any steps necessary to protect Canadian workers, farmers, businesses and families.pm+1 The new tariffs, which will hit packaging products, textiles, horticultural items and other goods accounting for around 5% of Canadian exports to the US, are expected to take effect in August.bloomberg+1 The dispute comes just weeks after the July 1 CUSMA review deadline, when Canada and […]