Inflation News
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Sapporo to move some beer production from Canada to US after tariffs
Japanese brewing company Sapporo said Monday it will shift some of its production from Canada to the U.S. in the wake of the Trump administration’s new tariffs on Canadian beer. Last month, President Trump implemented 50 percent levies on Canadian alcoholic products like beer and...
Carney: Canada relied 'too much' on 'easy' economic ties with US
Canadian Prime Minister Mark Carney said Tuesday his country has overrelied on "easy" economic ties to the U.S., a take he shared as his retaliatory tariffs on American goods went into effect. “The past 40 years has been a period of deeper economic integration with the United Sta...
Retaliatory Canadian tariffs take effect
Canada’s retaliatory tariffs on $27.6 billion in American products took effect on Tuesday, marking the latest escalation in an ongoing trade fight between the U.S. and its northern neighbor. The economic policies impose 15 percent, 25 percent and 50 percent tariffs on around 6 pe...