Insurance Business America

US-Canada trade collapse puts American businesses with cross-border exposure in the crosshairs

Canada's retaliatory tariffs land September 8. US companies importing Canadian goods and exporting to Canada are both exposed - and most have not reviewed their insurance programs against a tariff env

Carney says US asked ‘too much, offered too little’ as trade talks collapse

With a 12:01 a.m. ET deadline looming on Saturday, the United States and Canada are racing to strike a deal that could determine whether steep tariffs on billions of dollars worth of Canadian goods take effect — a move that would mark a major escalation in the trade war.

Canada Will Impose Retaliatory Tariffs On U.S. Goods As Trade Talks Collapse

The United States is set to impose 50% tariffs on $20 billion worth of Canadian products early Saturday. WASHINGTON (AP) — The United States was set to impose 50% tariffs on $20 billion worth of Canadian products early Saturday after last-ditch negotiations failed to resolve the latest strain in already tense relations between the historic allies.
The Economist

World in Brief: Carney vows to retaliate against Trump’s tariffs; Putin threatens Ukraine

Mark Carney, Canada’s prime minister, said his country would retaliate “dollar for dollar” against America’s new 50% tariffs, with its own levies taking effect on September 8th. Donald Trump’s tariffs,