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Canadian PM Carney on Prolonged US Trade Talks
Politicscbcchannel-news-asia2d ago2 sources

Canadian PM Carney on Prolonged US Trade Talks

Prime Minister Mark Carney stated that trade talks with the Trump administration to renew CUSMA could take longer than expected, as Canada aims for a mutually beneficial agreement and insists Trump will not dictate terms.

Canadian Negotiator Addresses CUSMA Review and Reciprocity
Businesscbcnational-post3d ago2 sources

Canadian Negotiator Addresses CUSMA Review and Reciprocity

Canada's chief trade negotiator stated that Canada expects reciprocity following concessions made to the U.S. under the CUSMA trade agreement. He also clarified that the July 1 review date for the deal is a "checkpoint" rather than a definitive deadline.

Trump increases new global tariffs to 15%
Politicscbc2mo ago

Trump increases new global tariffs to 15%

U.S. President Donald Trump says his newest global tariffs will be 15 per cent — up from the 10 per cent he initially announced after the U.S. Supreme Court deemed many existing tariffs illegal. But exemptions for CUSMA-compliant goods from Canada and Mexico still apply.

Iran Maintains Strait of Hormuz Stance Amid US Blockade
PoliticsReutersBBCbloomberg+103NYTwsjFTwapoThe GuardianAl JazeeraFox Newsnzz+95 more2d ago106 sources

Iran Maintains Strait of Hormuz Stance Amid US Blockade

Iran has tightened its control over shipping in the Strait of Hormuz, stating it will not fully reopen the critical waterway while a US blockade remains in effect. This stance comes amidst ongoing US-Iran tensions, with experts warning of challenging months ahead as both sides test each other.

Canada Considers Stronger Energy Rights for US in New CUSMA Deal
Businesscbc13d ago

Canada Considers Stronger Energy Rights for US in New CUSMA Deal

Amid uncertainty surrounding the future of free trade between Canada and the United States, discussions are emerging about whether Canada should grant stronger energy rights to the U.S. in a potential new CUSMA agreement. The debate explores how critical energy exports would fit into future trade relations.