Canada’s apparent tariff advantage is also born out in U.S. Customs and Border Protection numbers that track IEEPA tariff ...

Canadian Prime Minister Mark Carney said the commitment of the United States to the core of USMCA, reaffirmed again last week, means the U.S. average tariff rate on Canadian goods remains one of ...

Prime Minister Mark Carney has announced that Canada will remove many of the retaliatory tariffs it had placed on U.S. goods.

He highlighted how Trump’s first term reshaped NAFTA into USMCA, adding labor protections and wage requirements, and explained why Mexico’s new president, Claudia Sheinbaum, could provide a ...

The Trump administration's aggressive tariff policies have sparked varied reactions from key trade partners like Mexico and Canada. Despite tensions, the USMCA remains a crucial element shielding ...

President Donald Trump raised the tariffs on Canadian goods to 35% last week, but a key exemption for Canada and Mexico shields the vast majority of goods from the punishing duties.

Prime Minister Mark Carney loves to reach for hockey metaphors. He doesn’t always catch the right one.

Canada faces steep 35% tariffs on almost 60% of its U.S. imports — if President Trump follows through tomorrow on his Aug. 1 deadline for imposing the extraordinary duty.

That percentage has slipped to a third this year. One import where compliance has fallen for imports from both USMCA partners is tires, from 99.6% to 43.8% in Mexico and 98.7% to 39.1% in Canada.

Because of the USMCA exemption, the effective tariff rate on US imports of Canadian goods was around 5%, according to estimates published July 30 by the Bank of Canada. That will now rise slightly.