The trade deal signed between U.S. President Donald Trump and British Prime Minister Keir Starmer lowering some tariffs on ...

Quotas also differ from tariffs in how the benefits are distributed. Tariffs are taxes, and the revenue goes to the taxing government. Quotas are not a tax and provide no direct revenue to the ...

Michael Garcia, chief executive of Sault Ste. Marie, Ont.-based Algoma Steel Group Inc., said he asked the government for a ...

Car manufacturers exporting to the US will face a 10% tariff quota, down from 27.5%, while the aerospace sector will see a 10 ...

June 3, 2025: Trump signs order to double tariffs on steel and aluminum imports to 50%, with the increased levies going into ...

What comes next? The writing is on the wall. Trump has raged against Canada’s dairy tariffs for years. He vowed that the USMCA would fix things, but it gave Canada 14 tariff-rate quotas on products ...

Some European Union carmakers and capitals are pushing for an agreement with President Donald Trump that would allow for ...

Temporary tensions are possible, e.g. between the US and Japan, especially over car tariffs, or between the US and the EU, with symbolic retaliation in areas where there are not enough concessions ...

U.S. trade deal took effect Monday, cutting U.S. tariffs on imports of British cars, including Jaguar, Range Rover, Aston ...

The United States and Mexico are negotiating a deal to reduce or eliminate President Donald Trump's 50% steel tariffs on ...

Bloomberg reports that the "developing framework" would alleviate crushing duties on some of the Mexican steel imports that U ...