JUST IN: Canada's Ambassador WARNS Washington To End The Tariffs "The Sooner, The Better"

🚨 Canada's ambassador to the United States just stood in front of America's biggest business lobby and told Washington to end the tariffs on Canada, "the sooner, the better." On Wednesday, November 11, at the B20 summit hosted by the U.S. Chamber of Commerce in Washington, Ambassador Mark Wiseman warned that "uncertainty increases your cost of capital" and called for the Section 232 and Section 338 tariffs, and Canada's countermeasures, to be brought to an end. The same week, the numbers showed who is paying: U.S. customs duties on imports from Canada jumped from about $400 million in 2024 to about $10 billion in 2025, and New York Fed economists found roughly 90% of tariffs were passed through into the prices American importers paid. 📌 IN THIS VIDEO • What Wiseman told the G7 ambassadors panel at the B20 in Washington • Why he pitched Canada's tax rate to American companies • The 232s and the 338s: the tariffs he wants gone • $400 million to $10 billion: the duties collected at the U.S. border • What the New York Fed found about who pays • Germany's and France's ambassadors on the same stage • A Toronto mill that is moving production to the U.S. • How Ottawa refunds most of its own counter-tariffs • Carney: "the executive in the United States" decides • Three paths from here 📊 KEY FACTS • U.S. customs duties on imports from Canada: about $400 million (2024) to about $10 billion (2025), Congressional Research Service via CNBC • Tariff pass-through to U.S. import prices: about 90% (New York Fed, October 2026) • Tariffs added about 2.9 points to U.S. goods inflation by February 2026 (New York Fed) • U.S. consumer prices, October 2026: +0.4% in one month • Canada's counter-tariffs, March 2025 to October 2026: about $10 billion assessed, about $6.3 billion relieved, about $3.7 billion kept • Ottawa's tariff relief program extended to June 30, 2028 ⏱️ CHAPTERS 0:00 "Uncertainty increases your cost of capital" 1:00 Inside the B20 room 2:59 The investor's answer 3:44 The 232s and the 338s 5:04 $400 million to $10 billion 6:46 Germany and France say the same 7:49 A Toronto mill moves south 9:02 Ottawa hands its tariffs back 9:51 Carney: the executive decides 10:37 Canada is not waiting 11:42 Three paths 12:22 Why this matters 📰 SOURCES U.S. Chamber of Commerce, B20 USA: "G7 Ambassadors: A Roadmap for Growth" (November 11, 2026) CNBC (November 11, 2026) Federal Reserve Bank of New York, Liberty Street Economics: "How Fast Do Tariffs Pass Through into Consumer Prices?" (October 2026) The Canadian Press via BNN Bloomberg (November 11, 2026) CP24 / Government of Canada tariff relief update (November 9, 2026) Newsweek; Associated Press (November 10, 2026) 🔔 Subscribe for daily Canada news. Every day, the story that matters for Canada and the U.S. 💬 If American importers and American families pay for these tariffs, how long can Washington keep calling it a tax on Canada? Tell us in the comments. #Canada #CanadaNews #MarkWiseman #Tariffs #CanadaUSTrade #MarkCarney #Trump #B20 #USChamberOfCommerce #NewYorkFed #TradeWar #Section232 #SmootHawley #CanadianPolitics #CanadianEconomy #Ottawa #Washington #CanadaNewsToday #BreakingNews #CanadaInvents