US Business

US offers $10mn reward for Canadian Olympic snowboarder turned drug lord

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 …

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Global sea ice cover hits record low in February as world continues hot streak

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 …

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Trump pauses tariffs for autos as Trudeau call yields no breakthrough

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 …

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Trump tariffs reverberate through Mexico’s industrial belt

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 …

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Trump suspends tariffs for autos as Trudeau call yields no breakthrough

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 …

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US signals possible exemptions in Canada, Mexico tariffs

US Commerce Secretary Howard Lutnick said an announcement on Canada and Mexico tariffs was expected later Wednesday, signaling potential relief for specific sectors such as automobiles, a day after the steep levies took effect.President Donald Trump’s sharp 25 percent tariffs on US imports from Canada and Mexico — with a lower rate for Canadian energy …

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US official says possible Canada, Mexico tariff relief on ‘categories’

US Commerce Secretary Howard Lutnick said an announcement on Canada and Mexico tariffs was expected later Wednesday, signaling potential relief for specific sectors such as automobiles, a day after the steep levies took effect.President Donald Trump’s sharp 25 percent tariffs on US imports from Canada and Mexico — with a lower rate for Canadian energy …

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Trump says tariffs will bring ‘a little disturbance’ to US economy

The US economy is set to experience some “disturbance” from tariffs, President Donald Trump said Tuesday, as trade tensions flare after he imposed sweeping levies on Mexico, Canada and China.Trump’s address to a joint session of Congress came after he pushed forth with tariff hikes on the three countries over illegal immigration and drug trafficking.This …

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