EU threatens countermeasures over US tariffs
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White House press secretary Karoline Leavitt said Canada has been "pretty difficult to deal with" with respect to negotiating a trade deal with the Trump administration.
New proposed tariffs have been announced in waves over the past week as the Aug. 1 deadline for reciprocal tariffs to restart approaches.Most recently, President Donald Trump posted letters on Truth Social to the leaders of the European Union and Mexico saying he will set their tariffs at 30%.
Canada is moving to shore up its domestic steel industry amid U.S. President Donald Trump's ongoing global trade war, with new tariffs targeting China and other countries around the world.
President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.
Transatlantic trade 'dialogue' to focus on critical minerals for defence and clean energy technologies, along with energy, quantum manufacturing, and green steel and aluminum, with an action plan to follow "within three months".
The European Union hosts Canada for a summit on Monday designed to deepen their already close ties as both face increased geopolitical threats, including a more hostile U.S. president, Russia and Middle East instability.
The European Union will propose bilateral agreements with the UK and Canada as soon as the end of July, which would give them access to the bloc’s new €150 billion ($176 billion) loan fund for defense production,
CNW/ – The Government of Canada is focused on strengthening and diversifying international partnerships, working with the European Union (EU) to protect and create jobs