Back to today’s briefing

Story perspectives

Canada Won’t Cut Oil Exports Amid 50% US Tariff Threat

7/30/2026

26 5 Full Breakdown

Summary

Story summary

Prime Minister Mark Carney said Canada will not curb oil exports to the United States despite U.S. President Donald Trump’s 50% tariff threat.
Trump warned 50% tariffs could hit Canadian milk, hockey equipment, beer and plywood if disputes remain unresolved.
Federal Trade Minister Dominic LeBlanc met U.S. Trade Representative Jamieson Greer in Washington, saying both sides will stay in close contact as CUSMA talks proceed.

1 of 1

Story summary

Prime Minister Mark Carney said Canada will not curb oil exports to the United States despite U.S. President Donald Trump’s 50% tariff threat.
Trump warned 50% tariffs could hit Canadian milk, hockey equipment, beer and plywood if disputes remain unresolved.
Federal Trade Minister Dominic LeBlanc met U.S. Trade Representative Jamieson Greer in Washington, saying both sides will stay in close contact as CUSMA talks proceed.