Canada looks to trade talks after US Supreme Court tosses Trump's tariffs

Canada, the US and Mexico are gearing up negotiations as part of a review of the USMCA this summer.

Business groups welcomed the U.S. Supreme Court ruling that struck down President Trump's sweeping tariffs but expressed concerns over ongoing trade uncertainty, as sector-specific tariffs remain in place.

The U.S. Supreme Court's ruling against President Trump's tariffs does not signify the end of trade disputes, as other tariffs on specific sectors like steel, aluminum, and autos remain in effect.

Canada's International Trade Minister Dominic LeBlanc stated that the U.S. Supreme Court ruling affirms that the tariffs were 'unjustified'.

The UK government stated it will work with the US over the impact of the tariff ruling, according to AFP.

The US Supreme Court’s decision to strike down many of Donald Trump’s tariffs offers some relief to Mexico and Canada, but a much bigger set of risks still hangs over the trade relationship that joins the three countries.

Despite the U.S. Supreme Court's decision to strike down President Trump's tariffs, Canadian officials and business groups warn that the trade war is far from over, with other tariffs still in place and potential new measures on the horizon.

The U.S. Supreme Court's ruling effectively removes the International Emergency Economic Powers Act (IEEPA) as a usable, fast-tariff instrument for any president, but does not affect other tariffs imposed under different authorities, such as Section 232 tariffs on steel and aluminum.

B.C. Premier David Eby suggests potential improvement in Canada-U.S. relations following the U.S. Supreme Court's decision to strike down many of Trump's tariffs.

Canadian Prime Minister Mark Carney said on Tuesday that trade negotiations with the U.S. were ongoing, and a lot of the remaining issues would move to a forthcoming review of the United States-Mexico-Canada trade agreement (USMCA).

Despite the U.S. Supreme Court's decision to block President Trump's tariffs, Canada remains vigilant, with Ontario Premier Doug Ford emphasizing that the broader trade fight is far from over.

Business groups have welcomed the U.S. Supreme Court ruling that has struck down President Donald Trump's sweeping tariffs but they say it provides no relief from ongoing trade uncertainty.