Latest news with #USProducts
Yahoo
11-08-2025
- Business
- Yahoo
Yahoo polls: How are Canadians responding to the latest U.S. Trump tariffs on the country?
Have your say: In this Yahoo News Canada poll, we ask Canadians to share how the Trump tariffs are shaping their travel and shopping choices This summer, Canadians find themselves grappling with a bit more than just the end-of-season and back-to-school rush. As trade discord with the U.S. continues to dominate headlines, changes in household habits abound. Escalating tensions over Trump tariffs have resulted in a surge of cultural and economic responses including impacts on travel, shopping and Labour Day long weekend plans. Yahoo News Canada wants to hear from you! How is the moment weighing on your pride and prudence? Are you boycotting U.S. products in favour of local businesses? We want you to have your say. Are you planning any U.S. travel this month? Canadian travel to the U.S. has seen a decline owing to the political tensions between the two nations, with trips plummeting dramatically and flight bookings cut significantly. Instead of flying down south, Canadians are picking Europe, Latin America or even opting for Canadian locales for their getaways. Flight bookings to Europe recently witnessed a surge while travel the U.S. continued to lag. Are you opting for products made in Canada over imported goods? Surveys from the last few months reveal Canadian attitudes toward the U.S. have only soured over time as Trump intensified his tariff attacks on Canada. By February 2025, approximately two-thirds of Canadians had reduced their purchases of American products, both in stores and online, according to a Leger poll. More than halfway through the year, that trend has only grown among Canadians, according to a July Ipsos poll. However, affordability continues to matter to Canadian shoppers looking to buy local goods. A recent report from PwC Canada found that while Canadian consumers are willing to pay a premium for locally produced food, a majority would ultimately choose a lower-priced imported product over a more expensive domestic equivalent. Canada and U.S. trade tariff jabs U.S. President Donald Trump's recent round of tariff increase saw Canada's share escalate to 35 per cent on various goods from Aug. 1. This came after Trump sharply raised tariffs on Canadian exports in the spring of 2025 — imposing 25 per cent duties on steel, aluminium and auto parts before slapping another increase in summer. Canada continues to have its retaliatory tariffs on $30 billion worth of U.S. goods in place to defend its industries. Regardless of the ongoing friction, the USMCA continues to shield most of the Canadian exports from tariffs, Prime Minister Mark Carney's says. Damage from the trade standoff was strongly felt across Canada's manufacturing sector with the jobs market shedding 41,000 positions in July and analysts calling for an additional 10,000 jobs last month. Are you travelling this Labour Day weekend?
CNA
14-05-2025
- Business
- CNA
Thailand will strictly enforce rules to prevent trade circumvention, says minister
BANGKOK :Thailand's plans to strictly enforce rules of origin to prevent trade circumvention, give greater access to U.S. products and promote Thai investments in the United States, its finance minister said on Wednesday, as it seeks to negotiate over steep U.S. tariffs. Thailand will also increase imports of U.S. produce including energy, farm goods and aircraft, Pichai Chunhavajira said.
Reuters
14-05-2025
- Business
- Reuters
Thailand will strictly enforce rules to prevent trade circumvention, says minister
BANGKOK, May 14 (Reuters) - Thailand's plans to strictly enforce rules of origin to prevent trade circumvention, give greater access to U.S. products and promote Thai investments in the United States, its finance minister said on Wednesday, as it seeks to negotiate over steep U.S. tariffs. Thailand will also increase imports of U.S. produce including energy, farm goods and aircraft, Pichai Chunhavajira said.
