US Business

President Donald Trump will impose tariffs Saturday on the three largest US trading partners — Canada, Mexico and China — the White House said, sparking concern for global trade.Trump has reiterated plans for 25 percent tariffs on neighbors Canada and Mexico on Saturday, unless they cracked down on illegal migrants crossing the US border and …

White House says Trump will impose Canada, Mexico, China tariffs at weekend Read More »

The global economy is bracing for impact as US President Donald Trump’s deadline to impose sweeping tariffs on the three largest US trading partners — Canada, Mexico and China — draws near.Trump said shortly after taking office that he planned to introduce 25 percent tariffs on neighbors Canada and Mexico on February 1, unless they …

World awaits Trump tariff deadline on Canada, Mexico and China Read More »

US President Donald Trump said he expected to decide Thursday whether to include crude oil imports in tariffs on Canada and Mexico that are due to take effect within days.”We’re going to make that determination probably tonight,” Trump told reporters in the Oval Office when asked about the possibility of levies on oil from the …

Trump to decide on oil tariffs on Canada, Mexico Read More »

Mel Gibson’s new action film “Flight Risk” has topped the North American box office, taking in an estimated $12 million on a slow winter weekend, industry analysts said Sunday.The Lionsgate movie stars Mark Wahlberg, Michelle Dockery and Topher Grace in a story about a US marshal transporting a mobster-turned-informant across the Alaskan wilderness. The flight …

Mel Gibson’s ‘Flight Risk’ lands atop N.America box office Read More »

President Donald Trump’s threats to impose punishing tariffs on Canada and Mexico may be part of a strategy to gain leverage ahead of new negotiations on a regional trade agreement, experts said.Hours after his inauguration on Monday, Trump told reporters he may implement a 25 percent levy on all Canadian and Mexican imports starting February …

Trump’s Canada, Mexico tariff threat aimed at gaining leverage in trade talks: experts Read More »

Mark Carney, the former governor of Canada’s central bank, on Thursday launched his bid to succeed Justin Trudeau as Liberal Party leader and prime minister, immediately becoming a frontrunner in the race.The 59-year-old Harvard- and Oxford-educated economist kicked off his campaign at a hockey rink in Edmonton, Alberta where he grew up.”I’m doing this because …

Canada ex-central banker Mark Carney launches PM bid Read More »

Canada vowed strong pushback while Mexico urged calm on Tuesday in the face of US President Donald Trump’s trade threats that risk throwing their economies into disarray.The US president has accused both neighbors of being lax in preventing migrants and illicit drugs from coming into the United States, and called for a tightening of the …

Canada vows strong response, Mexico urges calm in face of Trump threats Read More »

Canada’s former deputy prime minister Chrystia Freeland launched her campaign Sunday to replace Justin Trudeau as Liberal Party leader and prime minister, pitching herself as the best option to oppose incoming US president Donald Trump.Freeland had been one of Trudeau’s closest allies in government since the Liberals swept into office in 2015, also serving four …

Former Trudeau ally Freeland enters race to be Canada PM Read More »

Disney’s “Mufasa: The Lion King” topped the North American box office on a long holiday weekend after ceding the top spot a week earlier, analysts said Sunday.The animated film earned an estimated $15.5 million for the period from Friday to Monday, which is Martin Luther King Jr. Day, industry watcher Exhibitor Relations said.Two new releases …

‘Mufasa’ claws its way back atop N.America box office Read More »

Americans will be hit by a “Trump tariffs tax” if the US president-elect increases customs duties on Canadian products, the Canadian foreign minister said Friday, pledging a hard-hitting response in any trade war.Donald Trump, who returns to the White House next week, has said he plans to slap 25 percent tariffs on Canadian imports as …

Canada vows ‘Trump tax’ on US in response to tariffs: minister Read More »