Here’s a list of the U.S. tariffs still hammering Canadian industries
BNN Bloomberg
The U.S. Supreme Court on Friday struck down U.S. President Donald Trump’s use of the International Emergency Economic Powers Act to hit the world with tariffs.
While the decision ends the fentanyl-related duties on Canada, Trump said he would use a different tool — Section 122 — to implement a 10 per cent global tariff. That duty can only stay in place for 150 days unless it gets Congressional approval.
It’s not clear if that new levy will stack on top of the barrage of other tariffs Trump imposed on specific industries.
Trump used Section 232 of the Trade Expansion Act of 1962 to impose steel tariffs last year, citing national security as justification.
The duties started at 25 per cent but Trump increased the steel tariffs to 50 per cent last June.
That same month, the Trump administration expanded the tariffs to the steel content in additional products, including dishwashers, refrigerators, washing machines and freezers.
Fortuna Mining to fund West Africa mine expansions with record cash flow, advances Diamba Sud toward final investment decision.
The Alberta government intends to hold a referendum on immigrants’ status, their access to social services and federal influence over provincial laws and services in October this year.
The U.S. International Trade Commission has launched an investigation into rules-of-origin regulations for automobiles under the Canada-U.S.-Mexico agreement on trade.
U.S. stocks fell Thursday, while oil prices rose with worries about a potential conflict between the United States and Iran.
Walmart beats Q4 earnings and posts 27 per cent online growth but keeps cautious full-year outlook amid trade and labour uncertainty.
The federal government is taking another step toward a potential expansion of the Port of Churchill in Manitoba and increased shipping through the Arctic.
GM Canada’s recent layoffs and multimillion dollar funding announcement are all part of a broader strategy to expand operations in its Oshawa plant, the company’s CEO says.
7-Eleven Canada says the big competition it’s facing won’t stop it from growing and evolving its business model.
MTY Food Group Inc. reported a profit in its latest quarter compared with a loss a year earlier as its revenue rose higher.
Teck Resources beat fourth-quarter profit expectations on Thursday, helped by a surge in copper prices and production, as the Canadian miner advanced its proposed merger with Anglo American.
Canadian airlines Air Transat and WestJet both recently announced cutbacks on routes to U.S. cities.
Canada home prices fell to a nearly five-year low in January as sales dropped and new listings rose, according to CREA data.