Canadian ministers have been visiting Mexico; Carney’s visit to Mexico not yet determined
Category: Economy
Posted inEconomy
Trump orders tariffs on dozens of countries in push to reshape global trade
Canada hit with 35 per cent tariffs on non-CUSMA compliant goods; China currently exempt from tariffs
Posted inEconomy
Canada central bank holds rate steady citing U.S. tariff ‘threats’
“There is a sense that U.S. policy may well remain unpredictable,” Bank of Canada Governor Tiff Macklem said
Posted inCommentary
Op-Ed: Canada’s dangerous drift toward executive rule
Canada’s leaders condemn democratic backsliding abroad, but never grapple with how they permit — and promote — illiberal governance at home
Posted inEconomy
Canada jobless rate falls to 6.9%
Net increase in jobs was the first since January, comes as Trump promises 35 per cent tariffs on some Canadian goods
Posted inAFP, Economy, Politics & Policy
Trump threatens Canada with higher tariff, mulls further global levies
Announcement comes a year before CUSMA talks are set to start; Carney vows Canada will protect its workers
Posted inPolitics & Policy
Trump to set 50% copper tariff, no extension to August deadline
Trump also said he will soon announce ‘very high’ tariffs on pharmaceuticals; warns of further escalation if countries retaliate
Posted inEconomy
U.K. govt climbs down on welfare cuts in latest U-turn
The U.K.’s retreat on plans to slash disability and sickness benefits means welfare reforms will likely make it through a Tuesday vote
Posted inPolitics & Policy
Trump ends trade talks with Canada over tax hitting U.S. tech firms
Trump was referring to Canada’s digital services tax, which was enacted last year and forecast to bring in C$5.9 billion over five years
Posted inPolitics & Policy
Seoul asks Temu, AliExpress to pull children’s products over safety concerns
A Seoul city government inspection found children’s products sold on Temu and AliExpress failed to meet South Korea’s safety standards