U.S. tariff collections increased from $84.2 billion in Q3 2024 to $331.4 billion in Q3 2025. Look for changes in the USMCA's joint renewal in July 2026. The Trump administration has particular concerns about China's investments in Mexico,

"In general, we think we'll still have pretty good access to the U.S. market without tariffs," said the firm's chief economist, Dawn Desjardins.

Mark Carney says Canada’s relationship with China is at a turning point. But it more accurately resembles a Rubik’s Cube, where each move to solve one problem scrambles the rest of the puzzle.

The 25 per cent tariff on kitchen cabinets and vanities was set to double on Jan. 1. But on New Year's Eve, the White House announced the tariff hike would be delayed until 2027.

In March, Prepac Manufacturing Ltd. said it was shuttering its plant in Delta, B.C., laying off 170 workers and relocating its operations to North Carolina. In June, Dorel Industries Inc. announced it was closing its furniture plant in Cornwall, Ont., and laying off more than 300 employees.

Businessman and “Shark Tank” judge Kevin O’Leary predicted Tuesday that President Trump will be “fine-tuning” his tariff policy in the new year.  “It needs to be fine-tuned,” O’Leary

OTTAWA, Nov 26 (Reuters) - Canada will offer more support to help the steel and lumber industries deal with U.S. tariffs and create a domestic market, Prime Minister Mark Carney said on Wednesday. The government has also increased protection for steel and ...

The future of Canada’s auto industry hangs in the balance as tariffs and trade uncertainty upend one of our most important economic sectors. Now, more than ever, we need a comprehensive plan to protect and support the industry.

Canada’s kitchen cabinet industry says U.S. tariffs remain devastating despite Trump pausing planned increases, with companies warning of layoffs and lost profits.

The share of Canada’s exports headed to the U.S. fell to 67.3 per cent, the lowest level on record outside the pandemic in data going back to 1997. Shipments south of the border fell another 3.4 per cent in October, driven by falling exports of aircraft and gold.