Tag: Canada

Thursday, August 30th 2018 - 08:23 UTC
Canada and US expected to reach a new NAFTA deal by Friday deadline

The leaders of the United States and Canada expressed optimism on Wednesday that they could reach new NAFTA deal by a Friday deadline as negotiators prepared to talk through the night, although Canada warned that a number of tricky issues remained.
Monday, July 23rd 2018 - 06:53 UTC
Mexico and Canada optimistic about NAFTA trade talks with the US

The finance ministers for Mexico and Canada on Sunday said they were optimistic about NAFTA talks with the United States, even as trade tensions spurred by U.S. tariffs dominated the G20 meeting of world economic leaders in Argentina.
Friday, July 20th 2018 - 10:03 UTC
EU, Mexico and Canada warned they will retaliate if US imposes new tariffs on cars and autoparts

The European Union, Mexico and Canada have said they will retaliate against the US if the White House places new tariffs on foreign cars and vehicle parts. The countries delivered the warning on Thursday to a panel examining whether to recommend the taxes on grounds of national security.
Tuesday, July 17th 2018 - 08:46 UTC
US launches five dispute actions in WTO challenging China, EU, Canada, Mexico and Turkey

The United States launched five separate World Trade Organization dispute actions on Monday challenging retaliatory tariffs imposed by China, the European Union, Canada, Mexico and Turkey following U.S. duties on steel and aluminum. The retaliatory tariffs on up to a combined US$28.5 billion worth of U.S. exports are illegal under WTO rules, U.S. Trade Representative Robert Lighthizer said in a statement.
Monday, July 2nd 2018 - 08:17 UTC
Canadian retaliatory tariffs of US$ 12.6bn on US goods became effective

Canada began imposing tariffs Sunday on US$12.6 billion in U.S. goods as retaliation for the Trump administration's new taxes on steel and aluminum imported to the United States. Some U.S. products, mostly steel and iron, face 25% tariffs, the same penalty the United States slapped on imported steel at the end of May.
Monday, June 25th 2018 - 08:13 UTC
EU imposes retaliatory tariffs on US goods: bourbon, motorcycles, orange juice

The European Union (EU) has introduced retaliatory tariffs on US goods as a top official launched a fresh attack on President Donald Trump's trade policy. The duties on €2.8bn worth of US goods came into force on Friday. Tariffs have been imposed on products such as bourbon whiskey, motorcycles and orange juice.
Wednesday, June 20th 2018 - 06:50 UTC
Canadian parliament approves recreational marihuana

Recreational marijuana may soon be legal in Canada, after both the House of Commons and the Senate approved the Cannabis Act. Legal sales are likely to begin before the end of the boreal summer after the Senate voted 52-29 on Tuesday night to approve the bill, CBC reported.
Thursday, June 14th 2018 - 21:49 UTC
Morgan Stanley and Royal Bank of Canada fined in Brazil for rigging foreign exchange rates

Brazil’s competition authority Cade has reached a settlement with Morgan Stanley and Royal Bank of Canada, fining them a combined 42.9 million reals (US$11.6 million) for forming a cartel manipulate FX markets.
Tuesday, June 12th 2018 - 08:40 UTC
G6 + 1 summit: PM May sides with Trudeau and pays tribute to his leadership

Prime Minister Theresa May has paid tribute to Canadian PM Justin Trudeau's leadership after a G7 summit which she described as “difficult”. President Donald Trump attacked America's closest allies in tweets after leaving the meeting in Canada. He said Mr Trudeau was “very dishonest and weak” and “acts hurt when called out”.
Monday, June 11th 2018 - 09:03 UTC
Trump rejects G7 communiqué and fires that “Fair trade is now to be called fool trade”

US President Donald Trump has fired off a string of angry tweets criticising America's closest allies hours after leaving a divisive G7 summit in Canada. Mr Trump said the US paid “close to the entire cost of Nato” to help protect countries that “rip us off on trade”.