Prime Minister Mark Carney on Wednesday said Canada will introduce a tariff rate quota for countries with which it has free trade agreements, excluding the United States, to protect the domestic steel industry.

“Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress and reinforce our work to create jobs and build prosperity for all Canadians,” Canadian Finance Minister François-Philippe Champagne said in a statement Sunday night.

Canada and China have reached a diplomatic detente, after years of testy relations and with President Trump targeting both countries with hefty tariffs. Prime Minister Mark Carney said a call he ...

Canada proceeds with digital services tax despite Trump's threat to terminate trade talks, as tech companies face a 3% tax on revenue from Canadian users retroactive to 2022.

Investing.com -- Canada’s merchandise trade deficit narrowed in March, but tensions in U.S.-Canada trade relations remain in sharp focus as Prime Minister Mark Carney and U.S. President Donald ...

President Trump’s chief envoy in Ottawa hinted Wednesday of the possibility of a breakthrough in U.S.-Canada trade talks at the Group of Seven leaders’ summit in Alberta starting this weekend.

The EU is Canada’s second-biggest trading partner.. Bilateral trade in goods with Canada grew by 65% following the provisional application of the Comprehensive Economic and Trade Agreement (CETA), between 2017 and 2024, reaching €75.6 billion in 2024, up from €46 billion in 2016.. At the summit, leaders committed to further developing the EU-Canada trade and investment relationship and ...

Canada’s trade deficit shrank from 1 billion Canadian dollars (US$1.4bn) in February to 367 million Canadian dollars (US$506m) in March. Its trade surplus with the US fell to 6.1 billion ...

With demand from the US cratering due to the Trump administration’s tariffs, Canada’s trade deficit reached C$7.1 billion ($5.2 billion) in April, from C$2.3 billion, according to Statistics ...