President Donald Trump and Chinese leader Xi Jinping are heading toward a high-stakes Washington summit to stabilize fragile trade ties, though their economic aims face immediate friction from escalating artificial intelligence debates, shifting tariff rates, and a U.S.-led sanctions operation targeting Iran, according to official statements and trade data. Trade Truce Expiration Date and Current … Read more
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met at JPMorgan Chase’s Manhattan headquarters on Sunday for high-level economic talks, according to official reports. The negotiations aim to clear the way for agreements on trade, artificial intelligence, and critical minerals ahead of a scheduled meeting between US President Donald Trump and Chinese … Read more
Canada’s dairy sector faces severe supply disruptions and financial uncertainty after the United States implemented a 50 percent tariff on $20bn in Canadian goods, forcing producers like Abbotsford dairy farmer Casey Pruim to confront potential milk dumping and herd reductions as cross-border trade stalls. Cross-Border Tariffs Threaten Canadian Dairy Supply Chains Raw milk leaves Casey … Read more
The BRICS group of nations unanimously adopted a joint declaration in New Delhi calling for calm in the Middle East and the protection of global energy flows and supply chains, according to official summit reports. Hosted by Indian Prime Minister Narendra Modi, the two-day meeting brings together leaders including China’s President Xi Jinping, Russia’s President … Read more
Canada’s retaliatory tariffs ranging from 15% to 50% on $27.6 billion worth of U.S. goods took effect on Tuesday, according to official reports. The measures target hundreds of American products, including dairy, agricultural equipment, paper, household appliances, and electronics, while tariffs on U.S. steel, aluminum, and iron products doubled to 50%. Impact of Canadian Tariffs … Read more
U.S. Treasury Secretary Scott Bessent faces a major test of his economic diplomacy this week as he urges finance officials from the major G20 economies to curb worldwide trade imbalances, stimulate growth, and eliminate commercial ties with Iran, while simultaneously attempting to soothe anxiety surrounding climbing U.S. debt and bond yields. According to reporting from … Read more
Quebec governing party leader Christine Fréchette named U.S. President Donald Trump as her primary opponent as campaigning opened Thursday for the Oct. 5 provincial election, pointing to ongoing trade disputes and economic pressure from Washington, according to the Associated Press. Trade War and Sovereignty Debate Shape Oct. 5 Vote The provincial election to choose Quebec’s … Read more
President Donald Trump announced on Aug. 24, 2026, that the United States will raise tariffs on all cars, trucks, and automotive parts imported from Canada to 50% starting Jan. 1, 2027. The escalation follows the collapse of trade negotiations on Aug. 21 after Canada’s negotiators left Washington empty-handed following disputes over last-minute terms. Automotive Tariffs … Read more
The United States announced an “economic D-Day” campaign to isolate Iran from the global economy on Monday, threatening penalties against enablers that continue doing business with Tehran. Washington’s move aims to sever the trade lifeline sustaining Tehran’s economy through nearly six months of war, potentially setting the U.S. on a collision course with major international … Read more
President Donald Trump by Manitoba Premier Wab Kinew, who called him a “bad person” and “not to be trusted” while urging Ottawa to keep fighting rather than rush into concessions. The high-stakes diplomatic standoff unfolds as Canadian trade officials work to finalize an agreement in Washington before postponed U.S. tariffs take effect. Trade Talks Advance … Read more