US Trade
Trump forces a rewrite of Canada’s trade strategy

Trump forces a rewrite of Canada’s trade strategy

Everybody is a trade minister in Mark Carney’s Cabinet. Donald Trump’s return to the presidency has ripped up decades of Canadian goodwill toward deeper economic integration with the United States. Nearly every senior minister is now involved in managing the fallout of America’s use of trade as a weapon — a situation the prime ministers office is treating as an...

‘Most dangerous period that we’ve been in’: Carney urged to bolster ‘Team Canada’ approach ahead of CUSMA review

‘Most dangerous period that we’ve been in’: Carney urged to bolster ‘Team Canada’ approach ahead of CUSMA review

The Carney government isn't repeating many of the same steps that allowed Canada to come out of the NAFTA renegotiations with a trade deal intact even though the U.S. president can do more damage to the Canadian economy this time around, says Senator Hassan Yussuff.

Canada Must be Ready for a Post-CUSMA Economy

Canada Must be Ready for a Post-CUSMA Economy

Negotiations on the future of our trade framework with the Trump administration resume in mid-January. Canadian negotiators will continue to work to renew the continental CUSMA agreement that is the successor to NAFTA. This is the preferred result. But we must also acknowledge that non-renewal is a possible outcome. US Trade Representative Jamieson Greer has already served notice that the...

Policy Q&A: Sen. Peter Boehm on Year One of Trump II

Policy Q&A: Sen. Peter Boehm on Year One of Trump II

Lisa Van Dusen: Senator Boehm, that was quite a year. Between the trade war, Donald Trump’s renewed undermining of multilateralism, and the geopolitical implications of American degradation — I think Trump’s recent National Security Strategy may have summed it up best as a capstone to 2025. How do you see Trump II, Year One? Sen. Peter Boehm: In foreign policy...

Trump's tariff war is voted as The Canadian Press News Story of the Year

Trump's tariff war is voted as The Canadian Press News Story of the Year

U.S. President Donald Trump's tariff campaign against Canada -- and the surge in patriotic zeal it inspired -- have been voted The Canadian Press News Story of the Year. Nearly two-thirds of editors and news directors surveyed from media organizations across the country picked the political and economic upheaval caused by Trump's trade war as the most consequential story of...

The continental trade pact is up for review in 2026 -- here's what Trump might want

The continental trade pact is up for review in 2026 -- here's what Trump might want

A mandatory review of the Canada-U.S.-Mexico-Agreement on trade kicks into high gear next year as U.S. President Donald Trump continues his campaign to realign global trade and poach key industries from America's closest neighbours. Negotiations on the trade pact, better known as CUSMA, were a stress test for Ottawa during the first Trump administration. The trade talks were tense at...

A tariff exemption was Canada's salvation in 2025. It's 'absolutely' at risk in 2026

A tariff exemption was Canada's salvation in 2025. It's 'absolutely' at risk in 2026

U.S. President Donald Trump's tariff campaign appeared to move at a breakneck pace towards Canada's economy this year. But beyond threats of double-digit tariff rates and sharp pain in manufacturing-heavy industries, a key exemption has allowed the majority Canadian goods to continue to cross the southern border duty-free. Experts who spoke to The Canadian Press warned this saving grace for...



Canada to begin formal talks with U.S. in January on review of free trade deal

Canada to begin formal talks with U.S. in January on review of free trade deal

Prime Minister Mark Carney says Canada will enter into formal discussions with the United States in January to review their free trade agreement. A statement from the Prime Minister's Office says Internal Trade Minister Dominic LeBlanc will meet with U.S. counterparts to discuss the Canada-U.S.-Mexico trade deal. It comes after Carney met Thursday with provincial leaders to update them on...

Carney sees room for Canada-U.S. trade co-operation as trilateral deal review looms

Carney sees room for Canada-U.S. trade co-operation as trilateral deal review looms

Prime Minister Mark Carney says trade irritants flagged this week by the United States are elements of a "much bigger discussion" about continental trade. Carney said Thursday he also sees "tremendous benefits" for Canada and the United States if they work co-operatively in key economic sectors. Washington's trade representative says a coming review of the Canada-U.S.-Mexico trade deal will hinge...

Bracing for Year Two of Trump’s Trade War

Bracing for Year Two of Trump’s Trade War

As Canada prepares to enter its second year navigating the aggressive trade policies of Donald Trump, it’s worth pausing a moment to take stock and remind ourselves of what will and won’t work as the focus shifts to the future of the Canada-US-Mexico Agreement (CUSMA). While most Canadians would agree that the tariff policies of Donald Trump have created challenges...

Canada ‘unlikely’ to get sectoral trade deal before CUSMA review

Canada ‘unlikely’ to get sectoral trade deal before CUSMA review

Prime Minister Mark Carney says if U.S. President Donald Trump wanted to sit down as soon as this weekend to “hammer out” sectoral deals to ease tariffs hitting certain industries, Canada is “ready,” while conceding the chances of short-term relief for steel, aluminum and lumber sectors is unlikely. Carney said that, given trade talks remain terminated, the federal government anticipates...

Trump trade rep targets Canada's beer and dairy rules in new CUSMA review conditions

Trump trade rep targets Canada's beer and dairy rules in new CUSMA review conditions

U.S. revealing publicly for the first time what Trump expects Prime Minister Mark Carney to do. U.S. President Donald Trump's point-person on trade laid out a series of conditions Wednesday that Canada must meet in order to extend the Canada-U.S.-Mexico agreement (CUSMA) when it comes up for a review next year — revealing publicly for the first time what the...

‘This is a process unlike any we’ve ever seen’: questions loom over Canada’s readiness for CUSMA review

‘This is a process unlike any we’ve ever seen’: questions loom over Canada’s readiness for CUSMA review

A mandated review of Canada’s most consequential trade pact is set to take place in the new year, and as much remains unknown about how it will unfold, some are questioning whether the federal government has done the necessary groundwork. The Canada-United States-Mexico Agreement (CUSMA) mandates a review be held on its sixth anniversary of entry into force. It first...

In trade talks, Canada must act like it’s dealing with a fickle king

In trade talks, Canada must act like it’s dealing with a fickle king

Henry VIII divorced or executed his wives not because they failed in their duties, but because they could not satisfy his constant quest for personal validation and desire for a male heir. Canada is dealing with a sovereign with a similar outsized ego in the Canada-United States-Mexico Agreement trade negotiations. U.S. businesses and consumers want the marriage to last. However...

Canada open to restart U.S. trade talks, but next engagement likely CUSMA review: LeBlanc

Canada open to restart U.S. trade talks, but next engagement likely CUSMA review: LeBlanc

Canada-U.S. Trade Minister Dominic LeBlanc says the door is open for American officials to restart trade talks with Canada, but the next time for direct engagement on trade will likely be when the North American free trade agreement begins its review process next month. "If ever in those conversations there's an opportunity for the Americans to agree to something that...

India eyes speedy, year-long negotiation to finalize trade pact with Canada

India eyes speedy, year-long negotiation to finalize trade pact with Canada

Trade observers say trade shocks brought on by U.S. President Donald Trump and recent pacts struck by India with other nations have re-awakened hopes for a deal between Ottawa and New Delhi.



Trump administration won't tear up CUSMA, says Canada's ambassador to U.S.

Trump administration won't tear up CUSMA, says Canada's ambassador to U.S.

Kirsten Hillman's comments come after top U.S. negotiator floated separate deals with Canada, Mexico. Canada's ambassador to the U.S. is downplaying signals from the Trump administration that it's considering breaking up the three-way North American free trade agreement into separate deals with Mexico and Canada. Kirsten Hillman, who also serves as Canada's lead negotiator in trade talks with the U.S....

'Not what they're saying': Carney rejects suggestion U.S. may exit trade pact

'Not what they're saying': Carney rejects suggestion U.S. may exit trade pact

Prime Minister Mark Carney is pushing back on the suggestion that the U.S. may be considering pulling out of North America's trilateral free-trade pact. When The Canadian Press asked the prime minister if he was open to separate bilateral trade pacts if the U.S. withdraws, Carney replied, "That's not what they're saying." U.S. Trade Representative Jamison Greer said in a...

'Canada can do what it wants on the F-35,' says U.S. ambassador, who says debate does 'irritate' him

'Canada can do what it wants on the F-35,' says U.S. ambassador, who says debate does 'irritate' him

While U.S. Ambassador to Canada Pete Hoekstra says Prime Minister Mark Carney’s government is free to do as it wants with its review of purchasing the F-35, he says the debate is nevertheless irritating. Carney ordered a review of its F-35 purchase back in March, shortly after becoming prime minister, with his then-defence minister saying Carney had done so to...

LeBlanc believes U.S. will keep CUSMA trade deal with Canada, Mexico

LeBlanc believes U.S. will keep CUSMA trade deal with Canada, Mexico

The minister in charge of Canada-U.S. trade says he has no reason to believe the Trump administration is preparing to tear up the free trade agreement with Canada and Mexico, even though the U.S. president and some of his associates have suggested they may consider withdrawing from the pact. “We believe, based on our conversations with the Americans, that for...

Trump’s point man on trade floats separate deals with Canada and Mexico

Trump’s point man on trade floats separate deals with Canada and Mexico

'Our economic relationship with Canada is very, very different,' says U.S. trade rep Jamieson Greer. U.S. President Donald Trump’s lead trade negotiator says the administration is considering breaking up the three-way free trade agreement with Canada and Mexico, moving toward separate deals instead. U.S. Trade Representative Jamieson Greer said Wednesday that the Trump administration is keeping all options on the...

Kirsten Hillman, Canada's ambassador to the U.S., resigning next year

Kirsten Hillman, Canada's ambassador to the U.S., resigning next year

Kirsten Hillman, Canada's ambassador to the U.S., said Tuesday she will end her tenure in Washington, D.C., in the new year. In a statement posted to social media, Hillman said it's the right time to put in place a team to see through the negotiations on renewing the Canada-U.S.-Mexico Agreement on trade. The ambassador said she will remain available to...

If Trump tariffs fertilizer, U.S. lacks reserves ‘to meet domestic demand’

If Trump tariffs fertilizer, U.S. lacks reserves ‘to meet domestic demand’

Canada’s fertilizer industry says U.S. President Donald Trump’s threat of “very severe” tariffs will “jeopardize” North American agricultural supply chains if they’re imposed, warning the U.S. doesn’t have enough potash reserves to replace Canadian imports. Trump said Monday while announcing billions in government aid for American farmers hurting from higher prices — including on fertilizer — that he may tariff...

Next year's Mexico trade mission may be biggest ever launched by Canada

Next year's Mexico trade mission may be biggest ever launched by Canada

The federal government is laying the groundwork for a Team Canada trade mission to Mexico next year that may become one of the largest it has ever deployed to a foreign country, says Cameron MacKay, the Canadian ambassador to Mexico. MacKay says hundreds of Canadian businesses have applied to be part of the mission, which is set for February and...

U.S. ambassador 'encouraged' by Carney's energy pact with Alberta, expects more oil shipments to U.S.

U.S. ambassador 'encouraged' by Carney's energy pact with Alberta, expects more oil shipments to U.S.

Pete Hoekstra said any deal the U.S. strikes with Canada will include oil, expecting that ‘there would be more oil capacity, production and export opportunities down to the United States.’ The U.S. ambassador to Canada says he is “encouraged” by the energy deal Prime Minister Mark Carney struck with Alberta Premier Danielle Smith, saying he believes it will lead to...


U.S. and Canada discussed tariff-rate quota for steel before trade talks halted

U.S. and Canada discussed tariff-rate quota for steel before trade talks halted

Before trade talks abruptly ended in October, Ottawa and Washington were discussing a U.S. proposal that would have lowered tariffs on most Canadian steel exports to the United States while effectively capping the amount of steel heading south across the border. U.S. trade negotiators proposed a tariff-rate quota system that would introduce two tiers of levies based on historical levels...

Trump threatens ‘severe’ tariffs on Canadian fertilizer ‘if we have to’

Trump threatens ‘severe’ tariffs on Canadian fertilizer ‘if we have to’

U.S. President Donald Trump said Monday he may impose “very severe tariffs” on fertilizer from Canada “if we have to” in order to bolster domestic production. Trump made the comment while taking questions from reporters during a roundtable event at the White House where he announced a US$12-billion tariff relief fund for American farmers, who have been facing rising costs...

Trump says 'We'll see' on whether to restart trade talks with Canada

Trump says 'We'll see' on whether to restart trade talks with Canada

U.S. President Donald Trump answered "we'll see" when he was asked Sunday whether he'd resume the trade talks he halted with Canada earlier this year. Trump made several comments about the ongoing trade dispute with Canada as he spoke with reporters outside a gala for the 2025 Kennedy Center Honors. He says he has a good relationship with Prime Minister...

Carney, Trump and Sheinbaum talk trade at 2026 World Cup draw in Washington D.C.

Carney, Trump and Sheinbaum talk trade at 2026 World Cup draw in Washington D.C.

Prime Minister Mark Carney met privately Friday with U.S. President Donald Trump and Mexican President Claudia Sheinbaum in Washington, D.C., with no staff in the room. The meeting, which happened at the Kennedy Center following the FIFA World Cup Draw, lasted about 50 minutes. Trump said earlier in the day the three leaders would talk about trade during their meeting...

Donald Trump – and American democracy – is getting exponentially worse

Donald Trump – and American democracy – is getting exponentially worse

I wish I could say I told you so. A point I have tried to make over the last year or so is that Donald Trump can only get worse: that however corrupt or incompetent or dictatorial or treasonous or insane he may appear at any given moment, it will inevitably come to be seen as a relative golden age...

Carney Doesn’t Plan to Talk Trade with Trump at FIFA Event, LeBlanc Says

Carney Doesn’t Plan to Talk Trade with Trump at FIFA Event, LeBlanc Says

Canadian Prime Minister Mark Carney isn’t planning to discuss trade with US President Donald Trump when they meet for the FIFA 2026 World Cup event on Friday, even though talks have been stalled for more than a month.

Carney to meet Trump, Sheinbaum in Washington at FIFA event Friday

Carney to meet Trump, Sheinbaum in Washington at FIFA event Friday

Prime Minister Mark Carney is planning to meet with U.S. President Donald Trump at a FIFA World Cup event Friday in Washington as trade negotiations between Canada and the United States remain on pause. The Prime Minister's Office said Carney will meet with Trump at the Kennedy Center, where the event is being held, and the meeting is expected to...

USMCA exit signals

USMCA exit signals

President DONALD TRUMP is flirting with Canada’s worst-case scenario — setting the wheels in motion for the U.S. to pull out of the United States-Mexico-Canada Agreement.

Trade tensions temporarily on backburner as PM visits Washington for FIFA celebration

Trade tensions temporarily on backburner as PM visits Washington for FIFA celebration

Canadian officials lower expectations around trade developments ahead of Mark Carney’s brief visit to D.C. When Prime Minister Mark Carney touches down in Washington on Friday morning, Canadian officials say this brief visit is all about celebrating FIFA soccer. Really, they insist. Expectations for any sort of breakthrough that could see trade talks with the U.S. resume are low. At...

Our Best CUSMA Strategy: Canadian Cool

Our Best CUSMA Strategy: Canadian Cool

With hearings underway in Washington regarding the future of the CUSMA, U.S. President Donald Trump’s trade representative has signaled that the administration might withdraw completely unless it secures a “good deal.” To rattle our cages further, Trump recently reiterated his tired accusation that Canada and Mexico have taken advantage of the United States like just about every other country, threatening...

Trump may use USMCA withdrawal as a bargaining tactic, trade experts warn

Trump may use USMCA withdrawal as a bargaining tactic, trade experts warn

Canada needs to be prepared for the risk the United States may announce its withdrawal from the trilateral USMCA trade deal as a negotiating tactic, according to a legal expert who is testifying on the agreement at public hearings in Washington this week. Barry Appleton, a Toronto lawyer who is co-director of the Center for International Law at New York...

Northern Ontario steel mill issues layoff notices to 1,000 workers

Northern Ontario steel mill issues layoff notices to 1,000 workers

Algoma Steel received $500 million in government loans to protect it from U.S. tariffs. Algoma Steel says it has issued 1,000 layoff notices to workers at its plant in Sault Ste. Marie, Ont. "As part of the closure of its blast furnace and coke making operations, Algoma has made the difficult decision to issue approximately 1,000 layoff notices today, effective...

U.S. industry groups strongly back renewing CUSMA

U.S. industry groups strongly back renewing CUSMA

Manufacturers praise Trump for signing agreement in his first term, urge him to preserve it. As Canada’s trade deal with the U.S. and Mexico faces a crucial review, many U.S. industries are urging the Trump administration to preserve the agreement and to stop putting tariffs on imports from its northern and southern neighbours. Public hearings are scheduled this week in...

Is the CPTPP Ready to Meet the Moment?

Is the CPTPP Ready to Meet the Moment?

Expectations were high as trade ministers of the Comprehensive and Progressive Agreement for Trans-Pacific (CPTPP) gathered in Melbourne, Australia, in late November 2025, during what has been an unprecedented year for global trade. U.S. President Trump’s tariff spree has shaken the foundations of the multilateral trade order. China’s newly tightened export controls on critical minerals have threatened to grind global...

When the U.S. finally comes to its senses, Canada should think twice before crawling back

When the U.S. finally comes to its senses, Canada should think twice before crawling back

When all this is over — when the United States elects a president who doesn’t dump on Canada, when the U.S. ambassador is not a thug, when Canadians at the border no longer fear being treated like convicts, when Washington doesn’t demean our sovereignty, when tariffs aren’t capricious punishments meted out at 3 a.m. to redress imagined grievances — we...

Ottawa to announce uranium export deal with India in further sign of warming relations

Ottawa to announce uranium export deal with India in further sign of warming relations

Canada and India are putting the finishing touches on a deal to supply New Delhi with uranium in another signal of warming relations after a two-year diplomatic rupture. The export deal would be worth about US$2.8-billion, two sources familiar with the negotiations say, and its term could run for 10 years, according to one of the same sources.

Sask. premier says ‘there is a path’ to negotiate with China on tariffs

Sask. premier says ‘there is a path’ to negotiate with China on tariffs

Saskatchewan Premier Scott Moe says he believes there is a “way forward” for Canada and China to resolve its trade dispute, as both countries work to recalibrate relations. “There is a path for us to negotiate our way forward,” Moe said in an interview with CTV Power Play on Monday. “I have confidence that the federal government is finding their...

US-Canada Trade Talks Frozen as Carney Weighs DC Trip Next Week

US-Canada Trade Talks Frozen as Carney Weighs DC Trip Next Week

Trade talks between the US and Canada remain stalled, and there’s an emerging belief in both governments that key issues will be rolled into next year’s broader review of the North American trade accord, people familiar with the matter said. There have been no negotiations since US President Donald Trump’s Oct. 23 social media post that halted them, the people...