Donald Trump again said that Canada should become an American state, adding "it's sort of crazy" to suggest the U.S. needs Canadian imports.
Ottawa’s former chief trade negotiator Steve Verheul says Alberta is undermining Canada’s attempts to prevent the United States from levying damaging tariffs — a measure U.S. President Donald Trump has said could drive Canada into “failed state” status.
The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking said.
John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”
Canada's federal government has assured Alberta that it will not bear a disproportionate burden of any retaliatory tariffs imposed in response to potential US import levies.
The U.S. is threatening a two-stage tariff plan in which Canada and Mexico could get hit with initial trade penalties within days then face broader penalties this spring.
The Canadian oilpatch would like to call Donald Trump’s bluff that the United States doesn’t need Canada’s oil and gas, but not by imposing export taxes on energy or through restrictions on oil exports.
Ottawa's former chief trade negotiator Steve Verheul says Alberta is undermining Canada's attempts to prevent the U.S. from levying damaging tariffs.
Any Canadian response to US tariffs will be regionally fair and equitable and not single out Alberta, Canada's main oil-producing province, Canada's Energy and Natural Resources Minister Jonathan Wilkinson said on Wednesday.
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