Canadian Prime Minister Mark Carney voiced disappointment in President Donald Trump's 35% tariff announcement, but sounded optimistic over exceptions ...

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.

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.

Canada and Mexico have been at the centre of Trump's tariff positioning from day one, but it seems that the pre-existing USMCA deal protects most goods from US tariffs.

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.

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Ontario Premier’s comments follow Carney’s meeting with cabinet and premiers to talk through tariff strategy ...

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Crucial exemption allows majority of Canadian and Mexican goods to be shipped to US without tariffs U.S. President Donald Trump raised the tariffs on Canadian goods to 35% last week, but a key ...

U.S. 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. Goods ...

The effects of tariffs go beyond making merchandise more expensive; they transform the entire e-commerce operation, from ...