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17.01.26 - 04:30
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U.S. Dollar Rises Against Canadian Dollar (AFX)
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OTTAWA (dpa-AFX) - The U.S. dollar climbed against the Canadian dollar in the New York session on Friday.The greenback climbed to a 1-1/2-month high of 1.3928 against the loonie. The currency is s......
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16.01.26 - 20:01
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Trump says Canada should do trade deals with China (The Hill)
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President Trump said on Friday that Canadian Prime Minister Mark Carney should be making a trade deal with China, an economic U.S. adversary the president has been going after during his second term. “That's okay. That's what he should be doing. I mean, it's a good thing for him to sign a trade deal. If......
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16.01.26 - 15:36
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Beijing First? Canada′s PM Carney Opens The Doors To Chinese EVs (ZeroHedge)
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Beijing First? Canada's PM Carney Opens The Doors To Chinese EVs
The invasion of Chinese electric vehicles into North America is set to accelerate after Canadian Prime Minister Mark Carney agreed to roll back the triple-digit tariffs previously imposed on Chinese EVs. The move sharply diverges from President Trump's America First policy, which aims to revitalize the North American auto industry. While Chinese EVs remain effectively blocked from US import, there has been a noticeable increase in BYD Motor vehicles on highways in Mexico.
Canadian Prime Minister Mark Carney, who appears to have deep ties with Beijing, was the first prime minister to visit China since 2017 and is seeking a major thaw in relations after years of tense diplomatic and trade ties.
Carney's move abandons the 100% tariffs on Chinese EVs imposed by former Prime Minister Justin Trudeau in 2024, replacing them with a 6.1% rate capped at 49,000 Chinese EVs. In 2023, China exported 41,678 EVs to Canada. The shift in trade...
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