The Canadian dollar climbed above 70 cents U.S. early Wednesday with the immediate threat of a trade war on hold for the next ...
The Commerce Department report also showed the United States ran record bilateral trade deficits with Mexico, Vietnam, India, Taiwan, South Korea and the 27-nation European Union.
Canada’s goods trade surplus with the U.S. last year was $102.3 billion, narrowing slightly from $108.3 billion in 2023. On the other hand, Canada consistently posts a services trade deficit with the ...
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Canadian Member of Parliament Charlie Angus said President Trump “choked” as his tariff plan for Canada was ultimately delayed before going into action. “He blinked,” Angus told MediasTouch, ...
The Canadian dollar rose to a two-week high against the U.S. dollar as it continued to recover after the pause in plans to implement U.S. tariffs, and ING said it could rise further if tariff risks ...
Mark Carney plans to announce he won’t follow through with a proposed increase to Canada’s capital gains tax if he wins the ...
To President Trump, one economic number represents everything that is wrong with the global economy: America’s trade deficit.
In the hours before Canadian Prime Minister Justin Trudeau announced a 30-day pause on US President Donald Trump’s threatened ...
Trump imposes, then pauses tariffs on Canada and Mexico in 24 hours. Markets debate inflation impact as Treasury yields and ...
In separate negotiations, Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum have agreed with U.S ...
Beijing hit back with its own tariffs and export restrictions after being subjected to levies by President Trump. Trade ...