7 h. ago Carney says Ottawa will defend workers and businesses after latest U.S. trade threats

OTTAWA — Prime Minister Mark Carney said the Canadian government will “steadfastly” defend workers and businesses following the latest trade threats by U.S. President Donald Trump. In a post on social media, Carney said Canada will continue to work to secure a trade deal with the U.S. by a revised deadline of Aug. 1. In […]

Economics

7 h. ago Carney says deadline for new deal with U.S. delayed as Trump threatens 35% tariffs on Canada

Carney wrote on social media that Canada and the U.S. are now working towards a new deadline of Aug. 1 to sign a new trade deal

Economics

37 h. ago Canada Seeks Southeast Asia Trade Deal to Blunt Trump Tariffs

Canada’s top diplomat said she aims to finalize a free trade agreement with Southeast Asian nations “as soon as possible,” as the country looks to expand economic ties in the face of tariffs from President Donald Trump.

Economics

56 h. ago Trump’s trade blitz produces few deals but lots of uncertainty

WASHINGTON — President Donald Trump and his advisers promised a lightning round of global trade negotiations with dozens of countries back in April. White House trade adviser Peter Navarro predicted “90 deals in 90 days.” Administration officials declared that other countries were desperate to make concessions to avoid the massive import taxes _ tariffs — […]

Economics

66 h. ago Asia Trade Chiefs Travel 800 Hours to Secure Elusive US Deals

Trade negotiators from around the world have been racking up miles flying to Washington to strike a deal with President Donald Trump — especially Asian delegations who have the farthest to go. With final agreements still out of reach for most, the travel isn’t slowing down anytime soon.

Economics

3 d. ago EU to Protect Airbus in US Trade Deal as Ferrari Set to Lose Out

As the European Union nears a trade deal with the US, its negotiators are focusing on protecting key industries from massive tariffs set to hit the bloc’s exports as soon as Aug. 1.

Economics

4 d. ago Canada not affected by Trump’s looming deadline for trade deals

WASHINGTON — U.S. President Donald Trump says he will be sending letters to countries around the world today as he seeks trade deals — but Canada is not being affected by Wednesday’s tariff deadline. On Sunday, Trump said he’s sending correspondence to up to 15 countries hit by the president’s “Liberation Day” duties, telling them […]

Economics

4 d. ago Trump’s tariff deadline on countries weighs down global shares

U.S. President Donald Trump's deadline for trade deals with various countries, and the pressure being put for such agreements to be reached, are weighing down global shares.

Economics

4 d. ago Indonesia Pledges to Buy More US Wheat in Bid for Trade Deal

Indonesia, the world’s second-biggest wheat buyer, plans to purchase more wheat from the US as it seeks to secure a trade deal ahead of the looming tariff deadline.

Economics

5 d. ago The Kevin Durant trade to Houston sees seven teams involved in the record

Kevin Durant’s trade to the Houston Rockets is official and officially record-setting. The deal got approved by the NBA on Sunday as part of a seven-team transaction, one in which a slew of other trade agreements got folded into one massive package. “Kevin impacts the game on both ends of the court and is one […]

Economics

5 d. ago U.S. ramps up pressure on countries ahead of deadline for trade deals

Trump and his top trade advisers say he could extend the time for dealmaking but they insist the administration is applying maximum pressure on other nations.

Economics

5 d. ago Pressure from Trump for trade deals before Wednesday deadline

WASHINGTON (AP) — The Trump administration is stepping up pressure on trading partners to quickly make new deals before a Wednesday deadline, with plans for the United States to start sending letters Monday warning countries that higher tariffs could kick in Aug. 1. That furthers the uncertainty for businesses, consumers and America’s trading partners, and […]

Economics

5 d. ago Pressure from Trump for trade deals before Wednesday deadline, but hints of more time for talks

WASHINGTON (AP) — The Trump administration is stepping up pressure on trading partners to quickly make new deals before a Wednesday deadline, with plans for the United States to start sending letters Monday warning countries that higher tariffs could kick in Aug. 1. That furthers the uncertainty for businesses, consumers and America’s trading partners, and […]

Economics

5 d. ago Ukraine inks deal to boost drone production as Russia, Kyiv trade strikes

Ukraine secures deal with European allies and a leading U.S. defense company to increase drone production, ensuring Kyiv receives “hundreds of thousands” more this year.

Economics

5 d. ago Nations Chase US Trade Deals as Bessent Hints at Longer Deadline

Major US trading partners hurried over the weekend to secure trade deals or lobby for extra time, while Treasury Secretary Scott Bessent indicated that some countries lacking an agreement by the deadline Wednesday will have the option of a three-week extension to negotiate.

Economics

5 d. ago 5 things to watch for in the Canadian business world in the coming week

Key business events this week include Calgary Stampede networking, Aritzia and Richelieu earnings, June job data, and looming U.S. trade deal deadlines.

Economics

6 d. ago GOLDSTEIN: Canada’s retaliatory tariffs having little impact on U.S.

The practical problem Prime Minister Mark Carney faces in negotiating a new trade and security deal with President Donald Trump is that Canada is firing blanks with its retaliatory tariffs against the U.S. The issue, as Carney noted in explaining why “dollar-for-dollar” tariffs against the U.S. won’t work — after he initially supported them while […]

Economics

6 d. ago Letters to The Sun: U.S. isn't capable of making a trade deal with Canada

Re: Carney has no choice: Trade deal with U.S. requires end of supply management Since “supply management” (along with inter-provincial trade barriers) has been on the Fraser Institute’s naughty list as supposedly reducing “economic freedom” in Canada, it is no surprise that it is tossed out as a trade bargaining chip. Would this supposed bargaining […]

Economics

7 d. ago TRREB: More Interest Rate Cuts and a Trade Deal Would Further Improve Home Sales

TORONTO, July 04, 2025 (GLOBE NEWSWIRE) — Ownership housing affordability continued to improve in June 2025. Average selling prices and borrowing costs remained lower than last year’s levels. However, despite some month-over-month momentum, many would-be homebuyers remained on the sidelines due to economic uncertainty.  “The GTA housing market continued to show signs of recovery in […]

Economics

7 d. ago Indonesia Sees ‘Bold’ US Trade Deal, Offers Major Tariff Cuts

Indonesia is confident it is close to securing a “bold” trade deal with the US that will span critical minerals, energy, defense cooperation and market access ahead of the looming tariff deadline, according to the nation’s chief negotiator.

Economics