Canada races to avoid new US tariffs of up to 50%

Canada ais racing to ink a deal with the Trump administration to avoid a fresh wave of U.S. tariffs on its exports, starting on Wednesday.

Canada braces for 50% US tariffs, with negotiators still far apart

By Promit Mukherjee and Ed White OTTAWA, Aug 17 (Reuters) - Canada faces a new round of 50% U.S. tariffs this week that businesses said could cause job losses in some already struggling industries, while complicating broader negotiations over the future of North America's free trade agreement.

Canada nears tariff o’clock

I don’t envision the 232s on steel being wrapped into the 338 discussions,” the person said, referring to Section 338 of the Tariff Act of 1930 — the statute Trump has used to threaten Canada with the new 50 percent tariffs.

Canada's CPI Rises More Than Expected in July on Higher Gasoline, Soccer World Cup Travel

Canada's consumer price index accelerated to 3.0% annually in July, up from 2.8% in June, driven by higher gasoline and travel-tour prices, according to the country's statistical agency on Monday. Annual gasoline inflation accelerated to 25.

US, Canada aim for deal to avert Trump’s threat of 50 percent tariffs

Negotiators are working to avert 50 percent tariffs on Canadian goods by Wednesday to prevent a major trade war.

MPs to examine Canada’s security screening process following NATO espionage arrest

A parliamentary committee plans to hold hearings on Canada's security screening process following the arrest of a Canadian NATO intern on espionage allegations.

Canada's July annual inflation accelerates to 3% as gasoline rebounds

Canada's annual inflation rate accelerated to 3% in July, slightly more than expected, as renewed United States-Iran tensions drove gasoline prices,

Canada launches alliance to tackle advanced manufacturing workforce shortages

Canada is launching a new alliance aimed at addressing workforce shortages and preparing workers for the changing demands of the country’s advanced manufacturing sector.