Tag

Trade Tensions

All articles tagged with #trade tensions

politics23 days ago•4 min saved

EU eyes Canada's first associate member status to deepen ties amid Trump trade tensions

The EU, led by Ursula von der Leyen, proposed making Canada its first associate member to deepen economic and security ties—moving beyond the current trade pact to integrate defense, manufacturing, technology, energy, and Arctic cooperation—while Ottawa seeks greater independence from the U.S. amid Trump’s tariffs; many details remain undefined, with Canadian Prime Minister Mark Carney set to address the EU Parliament and a Canada-EU summit planned in Montreal.

via axios.com|

#associate-member #canada #eu

business1 month ago•3 min saved

Bombardier Pushes Back as Trump Threatens US Aircraft Sales

Bombardier says it already builds in the United States with American-made components and thousands of US workers, countering President Trump’s threat to block its US sales unless production occurs in the US, and highlights its broad US supplier network (47 states), plans for a Fort Wayne service center, and about $2.5 billion spent with suppliers, as its stock drops amid ongoing US–Canada trade tensions.

via Al Jazeera|

#aerospace #bombardier #business

economy1 month ago•2 min saved

Canada Hits Back With Up to 50% Tariffs on $27.6B U.S. Goods

Canada imposed retaliatory tariffs totaling $27.6 billion on U.S. goods, with rates from 15% to 50% on items including dairy, agricultural equipment, paper, appliances and electronics, and doubled duties to 50% on steel, aluminum and iron. The move, waving a dollar-for-dollar response to U.S. levies, follows failed trade talks and heightens tensions between the allies. While the impact will stress small- to mid-sized exporters, Ottawa has unveiled additional support for workers and firms to cushion the blow amid ongoing tariff battles.

via CNBC|

#canada #economy #section-338

world1 month ago•5 min saved

DOJ Halts Antitrust Cooperation With Canada as Trade Dispute Escalates

The U.S. Justice Department's antitrust division was reportedly ordered to pause all cooperation with the Canadian government amid a widening cross-border trade dispute; emails asked for lists of cooperation areas, the DOJ disputed any directive, and Canada pledged retaliatory tariffs as tensions intensify.

via Fox News|

#antitrust #canada #doj

world1 month ago•2 min saved

Canada presses for serious talks as US memes fan the trade clash

Canadian Prime Minister Mark Carney condemned the Trump administration’s social-media taunts amid a widening US-Canada trade dispute, saying serious negotiations are possible if the U.S. stops memes and shade; the comments followed mockery of Canada by Trump aides and other taunts at the G20 meeting, after Carney had suspended trade talks.

via CNBC|

#canada-us-relations #diplomacy #g20

world1 month ago•8 min saved

Liberal sweep cements Carney’s薄 majority as three by-elections go Liberal

The Liberal Party, led by Mark Carney, won all three Canadian parliamentary by-elections, including Chicoutimi–Le Fjord in Quebec, preserving a slim House of Commons majority and signaling public support after Carney ended trade talks with the United States amid tariff tensions.

via BBC|

#by-elections #canada #carney

world2 months ago•379 min saved

Canada cancels joint Gordie Howe Bridge celebration amid Trump tariff threats

Canada canceled a planned joint U.S.–Canada celebration for the Gordie Howe International Bridge, citing threats of tariffs from President Trump; the bridge linking Windsor, Ontario and Detroit is still set to open to traffic July 27, with a Canadians-only milestone on July 24, as the U.S. imposes 50% tariffs on Canadian imports amid broader trade tensions.

via NBC News|

#canada-us-relations #gordie-howe-international-bridge #tariffs

world2 months ago•2 min saved

Tariffs Push Back Gordie Howe Bridge Opening Ceremony

A planned joint US-Canada ceremony for the Gordie Howe International Bridge was canceled after Donald Trump announced a 50% tariff on most Canadian goods, with Canada set to hold its own event and the US undecided on a separate celebration; officials still expect the bridge to open to traffic on July 27, and Canada plans to celebrate the milestone on July 24, as cross-border trade tensions intensify over ownership, tolls and related demands.

via The Guardian|

#canada-us #detroit-windsor #gordie-howe-bridge

world5 months ago•3 min saved

Beijing signals countermeasures over EU 'Made in Europe' push

China criticised the EU's Industrial Accelerator Act for imposing restrictive foreign-investment requirements and potentially violating WTO rules, warning it could retaliate; Brussels defends the plan as a job- and security‑oriented move to boost European, low‑carbon production with EU-content thresholds (70% for EVs, 25% for aluminium and cement) across three sectors, and says dialogue is possible, though countermeasures remain on the table if talks fail.

via Euronews.com|

#china #eu #foreign-investment

world8 months ago•4 min saved

IMF flags trade tensions and AI slowdown as threats to steady global growth

Global growth is forecast at about 3.3% this year and remains resilient, but the IMF warns that trade tensions and a potential AI-driven market correction could slow activity, stressing the importance of independent central banks; inflation is expected to ease and UK growth is modestly upgraded.

via BBC|

#ai-boom #central-bank-independence #global-growth

economy9 months ago•6 min saved

US Economic Outlook for 2026: Key Insights and Predictions

The global economic outlook for 2026 suggests a moderation in growth due to trade tensions, inflation normalization, and rising unemployment, despite some optimism about AI-driven productivity and stabilizing interest rates. Key risks include a potential tech bubble, geopolitical conflicts, and fiscal vulnerabilities, with the US leading growth among major economies.

via The Guardian|

#ai-impact #economy #global-growth

world9 months ago•2 min saved

China Imposes Tariffs on EU Dairy and Pork Imports Amid Trade Tensions

China has imposed provisional tariffs of up to 42.7% on EU dairy products, including milk and cheese, as part of an anti-subsidy investigation seen as retaliation for EU's electric vehicle tariffs, escalating trade tensions between the two regions.

via The Guardian|

#china #dairy-tariffs #eu

business9 months ago•5 min saved

Jim Beam to Suspend Kentucky Production Amid Trade Tensions

Jim Beam is halting production at its Kentucky distillery for all of 2026 due to ongoing trade tensions and industry challenges, including tariffs and declining exports, particularly to Canada, which has seen an 85% drop in U.S. spirits imports. The move aims to allow site investments, while the company continues distilling at other facilities. The broader industry faces high barrel aging inventories, tax burdens, and reduced consumer demand amid international trade disputes.

via CBC|

#bourbon #business #jim-beam

world9 months ago•2 min saved

China Imposes Up to 43% Tariffs on EU Dairy Products Amid Trade Dispute

China will impose tariffs up to 42.7% on European dairy products in response to EU subsidies, as part of ongoing trade tensions and investigations into unfair trade practices, including subsidies and dumping, affecting various sectors between China and the EU.

via AP News|

#china #dairy-tariffs #eu

world9 months ago•2 min saved

China Imposes Up to 43% Tariffs on EU Dairy Products Amid Trade Dispute

China will impose provisional tariffs up to 42.7% on EU dairy products, citing subsidies that allegedly harm its industry, amid ongoing trade tensions and retaliatory measures between China and the EU.

via Yahoo Finance|

#china #dairy-tariffs #eu