Lutnick says Trump views CUSMA as ‘a bad deal,’ needs to be ‘re-imagined’ – National | Globalnews.ca
[ad_1] U.S. Commerce Secretary Howard Lutnick on Friday suggested the Canada-U.S.-Mexico Agreement on free trade (CUSMA) may need to be substantially reworked before it’s renewed, saying U.S. President Donald Trump views it as “a bad deal.” Speaking at the Semafor World Economy summit in Washington, Lutnick took particular aim at the agreement’s impact on the […]
LeBlanc says Canada ‘won’t be the source of any delay’ in renewing CUSMA – National | Globalnews.ca
[ad_1] Canada-U.S. Trade Minister Dominic LeBlanc says his side “certainly won’t be the source of any delay” in resolving negotiations on the Canada-U.S.-Mexico Agreement on free trade (CUSMA) that are expected to culminate this summer. Speaking to Global News after appearing at the House of Commons standing committee on international trade Thursday, LeBlanc acknowledged public […]
U.S. tariff talks suspended by Trump have resumed ‘in a sense’: LeBlanc – National | Globalnews.ca
[ad_1] Talks between Canada and the United States to reduce sectoral tariffs have resumed “in a sense,” Canada-U.S. Trade Minister Dominic LeBlanc said Monday, after U.S. President Donald Trump suspended them last fall. “We were in the process of advancing, we thought, in a positive way on the sectoral tariffs — that was the discussion […]
Republican bill takes aim at Online Streaming Act and threatens retaliation – National | Globalnews.ca
[ad_1] A Republican bill introduced Thursday takes aim at Canada’s Online Streaming Act and threatens retaliatory measures for the “discriminatory” policy, including additional tariffs and even changes to the North American free trade agreement. The legislation from U.S. Rep. Lloyd Smucker of Pennsylvania would launch a U.S. Trade Representative investigation into whether the Canadian law […]
Iran war is ‘a dark cloud’ over Bank of Canada and the spring fiscal update – National | Globalnews.ca
[ad_1] The Bank of Canada is set to update interest rates on Wednesday as the Iran war brings a dark cloud over the Canadian economy and as Ottawa prepares to release a fiscal update sometime this spring. Oil price spikes globally have quickly led to higher gas prices for consumers, and economists expect inflation to […]
Tariff-hit workers to get retraining as Ottawa pledges $229M to Ontario | Globalnews.ca
[ad_1] Canada’s jobs minister says the federal government is working on agreements with every province and territory to fund retraining for unemployed workers impacted by U.S. tariffs, after announcing a $228.8-million infusion for Ontario on Tuesday. Jobs Minister Patty Hajdu said the three-year agreement will help over 27,000 workers across Ontario, with a focus on […]
Washington must avoid new tariffs with Ottawa: Canadian and U.S. mayors | Globalnews.ca
[ad_1] Descrease article font size Increase article font size Washington must avoid any new tariffs with Ottawa during a review of its trilateral trade agreement, mayors of several Canadian and U.S. cities urge. The Great Lakes and St. Lawrence Cities Initiative, a multinational coalition of municipal and Indigenous government executives representing communities in the Great […]
A year after it was removed from LCBO, $2M in U.S. booze is expiring | Globalnews.ca
[ad_1] A year after Ontario Premier Doug Ford ordered the LCBO to remove all products made in the United States, the government says roughly $2 million worth of booze has gone to waste. On March 4, 2025, in response to the first round of tariffs levied by U.S. President Donald Trump, American alcohol was officially […]
More than half of small businesses say U.S. no longer reliable: CFIB data – National | Globalnews.ca
[ad_1] One year after the U.S. sparked a global trade war with repeated rounds of tariffs, more than half of Canada’s small businesses say the U.S. is no longer a reliable trading partner, according to the latest data. A report released Wednesday by the Canadian Federation of Independent Business (CFIB) shows that 52 per cent […]
Quebec coffee roaster comes home after tariff-driven move to U.S. | Globalnews.ca
[ad_1] One of Quebec’s best-known coffee producers is bringing production back to Canada after shifting part of its operations to the United States during a period of steep tariffs. Sherbrooke-based Café William says it has begun repatriating a portion of its production to Quebec following a recent U.S. Supreme Court ruling that led to the […]