Canada

The United States Geological Survey has unveiled a draft update to its critical minerals list, adding potash, silicon, copper and other key resources with supply chains the agency says are susceptible to trade disruption. USGS 2025 draft list of critical minerals, issued in an Aug. 26 Federal Register notice includes a total of 54 minerals, up from 50 on the existing list, last updated in 2022. It adds potash, silicon, copper, silver, rhenium and lead while dropping arsenic and tellurium...

Canada next month will drop its retaliatory tariffs on U.S goods traded under the U.S.-Mexico-Canada Agreement to match a similar U.S. carveout, Canadian Prime Minister Mark Carney said on Friday. The U.S. earlier this month raised its tariff rate on Canadian goods from 25 percent to 35 percent, though it maintained an exemption on products traded under USMCA. Carney at the time said he was disappointed by the tariff hike but noted the carveout for USMCA goods provided Canada a...

The U.S. must negotiate the rescission of Canada’s Online Streaming Act in trade talks with Ottawa, nearly 20 House Ways & Means Committee Republicans say, charging the measure discriminates against U.S. companies. The Online Streaming Act, passed in 2023, subjects online platforms like YouTube, Netflix and Spotify to Canada’s broadcast regulations, angering U.S. tech groups and some lawmakers. The Canadian Radio-television and Telecommunications Commission (CRTC), a government regulatory agency, last year delayed its implementation until the end of 2025. When...

The U.S. is set to raise countervailing duties on Canadian softwood lumber by nearly eight percentage points, bringing total trade remedies on those imports to 35 percent as the Trump administration weighs further action to protect domestic lumber producers. The Commerce Department on Friday said it had determined that most Canadian softwood lumber companies exporting to the U.S. were being unfairly subsidized at a rate of 14.63 percent, up from a 6.74 percent rate determined last year. The higher rate...

Canadian Prime Minister Mark Carney on Friday expressed disappointment with President Trump’s move to raise tariffs on Canadian goods and said Ottawa would be its “own best customer,” while citing a continued commitment to negotiation and to the U.S.-Mexico-Canada Agreement -- the only U.S. free trade agreement that appears to provide some cover from Trump's new trade regime. The White House on Thursday evening announced Trump had signed an executive order raising duties on Canadian goods from 25 percent to...

President Trump has issued his final “reciprocal” tariff list, setting steep new rates for some countries while establishing a 15 percent level for many others that have not agreed to separate accords – and, separately, raising tariffs on Canada to 35 percent. The list, published in an executive order on Thursday evening, includes rates as high as 41 percent for Syria, with goods from Laos and Myanmar due for 40 percent. Switzerland is due to face 39 percent tariffs. Serbia...

The U.S. is set to double the total trade remedy duties imposed on Canadian softwood lumber imports, a longstanding bilateral trade irritant, following a final determination by the Commerce Department to raise the antidumping duty on such products to 20.56 percent. Commerce unveiled its final determination and new antidumping margin in a Federal Register notice set to be published on Tuesday following a mandated administrative review for all of 2023. The antidumping duty combined with the countervailing duty on softwood...

U.S. negotiators have had little luck negotiating a trade deal with Canada, President Trump said on Friday, providing an update on U.S. tariff talks with key trading partners just a week before steep country-specific duties are set to come online. He also put the odds of a deal with the European Union at 50-50 and teased what he called the “confines” of an agreement with China. During a July 25 press gaggle ahead of a trip to Scotland, Trump said...