Canada’s Liberal Party elects a new leader this weekend to replace Justin Trudeau as prime minister and take charge of confronting the threats posed by US President Donald Trump.Trudeau, who became Liberal leader in 2013 before taking over as prime minister two years later, announced in early January that he planned to resign, overcome by …
The Philippines and Canada have negotiated a deal for the deployment of troops, Manila said Friday, it what will be once signed the latest security pact in the face of increasingly tense confrontations with China.Manila’s defence department said it and Canada had “successfully concluded negotiations”, but gave no timetable for when a deal would be …
Philippines set to sign visiting forces deal with Canada Read More »
US President Donald Trump on Thursday delayed some tariffs targeting Canada and Mexico, leading Ottawa to halt an upcoming wave of countermeasures — offering a reprieve to companies and consumers after blowback on financial markets.Stock markets tumbled after Trump’s duties of up to 25 percent took effect Tuesday, as economists warned that blanket levies could …
Trump backs off Mexico, Canada tariffs after market blowback Read More »
After an outcry from Detroit, President Donald Trump has granted one-month tariff exemptions on most auto imports from Canada and Mexico, underscoring the continued clout of US carmakers.The “Big Three” automakers — Ford, General Motors and Chrysler-owner Stellantis — operate their businesses on an integrated basis throughout North America, leaving them badly exposed to the …
Trump car tariff pivot and Detroit’s ‘Big Three’ Read More »
The United States offered a $10-million reward on Thursday for information leading to the arrest of a Canadian former Olympic snowboarder wanted on drug and murder charges.Ryan Wedding, 43, who is believed to be in Mexico or another Latin American country, was also placed on the FBI’s list of the “Ten Most Wanted Fugitives.””Wedding went …
US offers $10mn reward for Canadian Olympic snowboarder turned drug lord Read More »
The Japanese owner of 7-Eleven announced on Thursday a raft of new measures to fend off a takeover by a Canadian rival, including a huge share buyback and an IPO of its US unit.The announcements are the latest twist in a saga that began last year, when Seven & i rebuffed a takeover offer worth …
7-Eleven owner seeks to fend off takeover with buyback, US IPO Read More »
Global sea ice cover reached a historic low in February, Europe’s climate monitor said Thursday, with temperatures spiking up to 11C above average near the North Pole as the world continued its persistent heat streak.Copernicus Climate Change Service said last month was the third hottest February, with planet-heating greenhouse gas emissions stoking global temperatures.That helped …
Global sea ice cover hits record low in February as world continues hot streak Read More »
Automakers received temporary reprieve Wednesday from US President Donald Trump’s tariffs targeting Canada and Mexico, as concerns mounted over consumer impacts and talks with Canadian Prime Minister Justin Trudeau yielded no immediate breakthrough.Following discussions with the “Big Three” US automakers — Stellantis, Ford and General Motors — Trump decided to “give a one-month exemption on …
Trump pauses tariffs for autos as Trudeau call yields no breakthrough Read More »
For decades, Mexico’s industrial borderlands boomed thanks to growing trade with the world’s largest economy next door. Today, US tariffs cast a long shadow over a region home to thousands of factories employing armies of workers.Lower labor costs, tax incentives and a North American free trade pact dating back more than 30 years have long …
Trump tariffs reverberate through Mexico’s industrial belt Read More »
Automakers received a temporary reprieve Wednesday from US President Donald Trump’s tariffs targeting Canada and Mexico, as concerns mounted over consumer impacts and talks with Canadian Prime Minister Justin Trudeau yielded no immediate breakthrough.Following talks with the “Big Three” US automakers — Stellantis, Ford and General Motors — Trump decided to “give a one-month exemption …
Trump suspends tariffs for autos as Trudeau call yields no breakthrough Read More »
