A week of intensive, line-by-line trade negotiations between the United States and Canada ended without an agreement on Friday night, triggering steep 50% U.S. tariffs on roughly $20 billion worth of Canadian goods over the weekend. The new duties took effect at 12:01 a.m. Saturday, prompting Canadian officials to prepare dollar-for-dollar retaliatory measures scheduled to …
Tag: canada
Jul 02
Trump Administration Declines Automatic Renewal of USMCA, Opting for Annual Reviews
The Trump administration formally chose not to renew the U.S.-Mexico-Canada Agreement (USMCA) in its current form during the mandatory six-year joint review. U.S. Trade Representative Jamieson Greer confirmed the decision following a virtual meeting with Canadian and Mexican counterparts, stating, “The United States did not agree to renew the USMCA in its current form. As …


















