U.S.-Canada Relations (April 21, 2025)
Trade Tensions Escalate Amid New Tariffs
The U.S. has imposed new tariffs on Canadian imports, prompting Canada to consider retaliatory measures. These developments have strained the historically strong economic ties between the two nations. KPMG
Electric Vehicle Supply Chain Agreement Reached
In a move to bolster the electric vehicle industry, the U.S. and Canada have signed an agreement to secure critical minerals and enhance cross-border supply chains. This partnership is expected to benefit both economies and reduce dependence on external sources.