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“Trade tensions between Canada and the US have led to Ottawa deepening ties with other countries like China, a move that potentially puts US exporters at a disadvantage.”

“Ties between Ottawa and Washington have been strained by an escalating trade war, with Canada and the US imposing billions of dollars in tariffs on each other’s goods in recent months.”

“It comes after Canada and the US’s trade war broke out as negotiations failed to head off US President Donald Trump’s threatened 50 percent tariffs on nearly $20bn worth of Canadian products, including machinery, textiles and hockey sticks.”

“So, do Canada’s retaliatory tariffs on the US offer a blueprint for how Europe should deal with the Trump administration?”

“They also say a rate hike could impede modest economic recovery, given US trade tensions and a weak job market.”

“Carney has pledged to double Ottawa’s non-US trade over the next decade as US President Donald Trump’s tariffs have rippled through Canada’s economy.”

“It has since become a central symbol of “Western alienation”, a term used to describe the sense of disenfranchisement felt among Canada’s westernmost provinces.”

“Other issues likely to feature on the agenda include the ballooning debt levels of many countries, which exceed 100 percent of GDP in the US, Canada, Japan, Italy and France.”

“Rogers sought to distance himself from the current trade war but expressed support for a deal with Canada that would loosen some of Ottawa’s tariffs on US goods.”

“Trump’s trade policy with Canada has also led to retaliatory Canadian tariffs that affect about $3bn worth of Ohio exports, based on 2025 figures, Canadian broadcaster CBC reported.”

“That tone marks a new edge in how New Delhi is dealing with US President Donald Trump’s administration in Washington, analysts say, on the back of rising bilateral tensions between the capitals.”

“Supply-management system Dairy trade between Canada and the US has largely operated under a free trade agreement between the US, Mexico and Canada, known as CUSMA in Canada.”

“The EU exports a large amount of its goods to the US, but Trump slapped a 15 percent tariff on European imports as part of his trade war last year.”

“Mexico and Canada are part of a free trade agreement with the US – known as the USMCA – that has created a high degree of economic integration over the last several decades and exempted the majority of exports from US tariffs.”

“Canada and the US have recently hit each other with tit-for-tat tariffs after trade talks failed.”

“The project could also provide a rare bright spot in US-Canada relations, which have come under strain amid a trade war between the neighbours.”

“The summit comes just days after another escalation in Canada’s trade war with the United States which has been ongoing since President Donald Trump started his second term and unleashed a wave of tariffs across the world, including on Canada, one of its…”

“…ut de-dollarisation initiatives, the vast majority of BRICS trade is still denominated in US dollars, while most BRICS nations maintain significant dollar reserves, reflecting the dollar’s continued status as the world’s primary reserve currency and creating…”

“It comes amid escalating tensions between the US and Canada after trade talks failed.”