2 h. ago A trade deal with the U.S. could include lumber quotas, Carney says

Speaking at an event in Hamilton, Ontario, Prime Minister Mark Carney said that lumber quotas may be included in a new trade deal with the United States.

Economics

3 h. ago Carney confirms possibility of lumber quotas in trade deal with U.S.

HAMILTON — Prime Minister Mark Carney says any future trade deal with the United States could include “some element of managed trade,” including quotas, on softwood lumber exports. Carney’s comments come after B.C. Premier David Eby told Bloomberg News that the federal government has been speaking with the provinces about quotas to resolve the softwood […]

Economics

11 h. ago India Seeks Lower Tariff Than Indonesia in Race to Clinch Deal

Indian officials are hoping to secure a trade deal with US President Donald Trump at a lower tariff rate than he’d agreed with Indonesia as New Delhi races to meet an Aug. 1 deadline.

Economics

20 h. ago US Trade Deals May Boost Indonesia Assets in Near Term: Analysts

Indonesian assets will get a boost from a positive sentiment stemming from a trade deal reached with the US, according to analysts.

Economics

23 h. ago Carney says any trade deal with U.S. will likely include tariffs

'We need to recognize that the commercial landscape globally has changed. It's changed in a fundamental manner'

Economics

26 h. ago EU threatens U.S. planes and whiskey while pressing for deal

BRUSSELS — Brussels plans to target U.S. goods including planes, cars and whiskey if trade talks with Washington fail, according to a list seen by AFP on Tuesday, as the bloc renewed its push for a deal. Trade commissioner Maros Sefcovic was to talk to U.S. counterpart Jamieson Greer Tuesday, a day after speaking with […]

Other

32 h. ago Carney expects U.S. trade talks to ’intensify’ ahead of August deadline

OTTAWA — Prime Minister Mark Carney said Tuesday that he sees little evidence a trade deal with the United States that does not include tariffs is possible. Speaking to reporters on his way into a cabinet meeting, Carney said he expects the trade talks with the U.S. “will intensify” ahead of the Aug. 1 deadline […]

Economics

42 h. ago Indonesia Looking at Levy on Coal Exports to Boost State Coffers

Indonesia, the world’s biggest coal exporter, may impose an export levy on the fossil fuel in a bid to boost state revenues, according to local media reports that cited a government minister.

Economics

48 h. ago Trump says 35% tariff letter is ’the deal’, as Carney prepares for trade U.S. negotiations

'I watched a show this morning and they were talking about, "Well when's he going to make the deal?" The deals are already made. The letters are the deals''

Economics

3 d. ago EU delaying retaliatory tariffs on U.S. goods in hopes of reaching deal by Aug. 1

BRUSSELS — The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month. ″This is now the time for negotiations,″ European Commission President Ursula von der Leyen told reporters in Brussels on Sunday, after […]

Economics

3 d. ago EU delays retaliatory tariffs on U.S. goods in hopes of Aug. 1 trade deal

'We have always been clear that we prefer a negotiated solution,' European Commission President Ursula von der Leyen said.

Economics

5 d. 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

5 d. 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

6 d. 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

7 d. 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

7 d. 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

8 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

9 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

9 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

9 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