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28.08.26 - 23:24
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Tariffs Could Bring Canada Auto "To Its Knees" (Bloomberg)
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President Trump vowed this week to hike tariffs on Canadian cars, trucks, automotive parts, and steel to 50% at the start of next year as part of an ongoing trade war threat with the country. Linda Hasenfratz, Executive Chair of Linamar, says that after decades of free trade in automotives between he US and Canada, the implementation of such high tariffs would "cripple the industry." (Source: Bloomberg)...
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28.08.26 - 17:01
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Everybody′s Business: Inside the US and Canada “Bar Fight” (Bloomberg)
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On this episode of the Everybody's Business podcast, Harvard economist Ken Rogoff tells Stacey Vanek Smith and Max Chafkin why he calls the US-Canada trade war a "bar fight" and how President Trump's latest spat with US's closest ally differs from tariff wars with other countries. (Source: Bloomberg)...
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28.08.26 - 16:15
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Navarro on Canada trade talks: ′They will stab you in the back′ (The Hill)
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White House trade adviser Peter Navarro tore into Canada on Friday over the escalating trade war with the U.S., accusing the longtime ally of negotiating in bad faith after backing out of last week's talks. “They will stab you in the back,” Navarro said during an appearance on NewsNation's "The Hill," while discussing the tit-for-tat......
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28.08.26 - 14:18
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Canadian Dollar Rises Against Majors (AFX)
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CANBERA (dpa-AFX) - The Canadian dollar strengthened against other major currencies in the European session on Friday. The Canadian dollar rose to a 2-day high of 1.3845 against the U.S. dollar, a......
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