Canada is looking at putting retaliatory tariffs on American orange juice, toilets and some steel products if U.S. President-elect Donald Trump follows through with his threat to impose 25% tariffs on all Canadian products,
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.
Supporters of the sale of U.S. Steel to Japan’s Nippon Steel are still hopeful that Donald Trump could revive the nearly $15 billion dollar acquisition.
Among the most senior officials in Ottawa, there is a document circulating that outlines specific details about how Canada could retaliate against Donald Trump’s tariff threat.
President Joe Biden's move to protect offshore areas is largely symbolic, but the economic factors that may limit oil output gains are very real.
"President-elect Trump has proposed various tariff plans at various times on the import of foreign goods, including a 10% blanket tariff on all imports, a 60% tariff on Chinese goods and 25% tariffs on goods from Mexico and Canada," says Ben Johnston, chief operating officer of Kapitus, a financial services firm that focuses on small business.
U.S. Steel and Nippon Steel said on Monday that it is suing over President Joe Biden's decision to block its sales agreement and a domestic competitor and union over their actions to scuttle the deal.
Provincial premiers set to discuss their own proposed retaliatory tariffs at a meeting with Prime Minister Justin Trudeau next week, Ontario Premier Doug Ford says
Donald Trump has broad executive authority to impose tariffs for national security reasons, and may be considering invoking a national emergency to justify them.
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New York Judge Juan Merchan on Monday denied President-elect Donald Trump's request to delay this week's sentencing in his criminal hush money case as questions over his immunity remain under appeal.