So, let's be absolutely clear. Canada currently has the best trade deal with the United States. And while it's different from what we had before, it is still better than that of any other country.So, as we work to address outstanding trade issues with the United States, it's important, it's vital, we do everything we can to preserve this unique advantage for Canadian workers, Canadian businesses, and doing so will require both building on a soontobe revised KUSA, our free trade agreement with the US and Mex ...

How significant a breakthrough is this and what does it set up as a next step in terms of discussions with the U.S. on trade. And this includes the USMCA. Yeah, I mean, that's like the big next step here is the there are USMCA talks, which there's a joint review that's due to be completed by next summer.And we'll get word that process will start pretty soon. So that's reviewing the entire free trade deal between Canada and the U.S. and Mexico. And, you know, in terms of how big of a breakthrough is this, th ...

In the latest statecraft maneuver, China is working to reopen rapeseed trade with Australia after a five-year pause, seeking to secure supplies of a key animal feed ingredient as ties with top supplier Canada sour https://t.co/nbzFGKJLOK ...

Trade Relations - Canada has historically been resistant to altering its lumber trade practices [1] - The increasing assertiveness of the Trump administration regarding trade relations with Canada may be leading to a change in the country's position [1]

Mary, Canada is facing difficulties on multiple fronts. Obviously, China in the news today. But you know, you've had a 25% tariff on non USMCA goods for several months at this point and the economy is suffering.What advice would you give to Mark Carney right now. Well, the prime Minister is at the negotiating table and and he and his team will continue to do that. And I think my advice would echo that of Canadians.It's really important that Canada gets a good deal and not just any deal. And I think Canada h ...

Canada is seeking closer collaboration with Mexico in multiple sectors amid a trade war with the US, senior ministers said during a visit that included a long meeting with President Claudia Sheinbaum https://t.co/RRQOkoDeOF ...

Government Support - Canadian government promised up to $508 million in loan guarantees to support the lumber industry [1]

Trade Relations & Tariffs - President Trump and Canadian Prime Minister are expected to discuss tariffs, following a 35% tariff imposed on Canadian goods [1] - The imposition of tariffs potentially violates the Canada US Mexico agreement (CUSMA), previously touted as a beneficial deal [2] - The US seeks to renegotiate existing trade deals, believing current agreements disadvantage Americans [3] - Canada possesses a slight trade advantage due to energy exports, crucial for US energy independence [4] Economic Performance & Growth - Canada's per capita economic growth has significantly lagged behind other developed nations over the past 10 years, with only 05% GDP growth compared to the US's 201% [6] - The Canadian government's lack of attention to the economy and insufficient investment are contributing factors to the slow growth [7] - The new Canadian Prime Minister aims to boost the economy through infrastructure development, trade diversification, and reduction of interprovincial trade barriers [8] Future Trade Agreement - The anticipated deal is expected to be an incremental revision of the existing agreement negotiated four years prior [10] - Potential adjustments include Canada removing the digital services tax and modifications to supply management, possibly increasing the US dairy quota [11] - Maintaining the integrated auto trade between Canada and the US is a key objective for all parties involved [12]

Employment Market & Economic Data - July新增就业岗位仅73,000个，远低于预期，且5月和6月的就业报告也被大幅下调，总计减少了258,000个就业岗位[2][3] - 过去三个月的平均新增就业岗位为35,000个，远低于维持人口增长所需的150,000个[3] - GDP第二季度增长率为3%，但主要是由于进口大幅下降，而非经济繁荣的迹象[13][14][15] Trade & Tariffs - 美国与欧盟、印度尼西亚、日本、巴基斯坦、菲律宾、韩国、英国和越南达成了贸易协议，但远未达到声称的200个[8][9] - 对巴西的关税提高到50%，理由是对前总统的政治迫害[11][12] - 对加拿大商品的关税从25%提高到35%，不包括在美墨加贸易协定中的商品[12][13] International Relations - 加拿大和墨西哥正在制定一项价值1200亿美元的“北部走廊协议”，以促进两国之间的贸易，不涉及美国[16] - 美国与加拿大之间的关系因关税和贸易政策而受到损害，需要重建信任[23][24][25][26][27]

We knew that August 1st was the deadline for some tariffs to go into effect. That deadline for many of those tariffs is now August 7th, but in some cases they are higher than the market had been anticipating. President Trump unveiling a new slate of new tariffs in his effort to reshape global trade.The baseline rates for many trading partners will remain unchanged at 10% from the duties that Trump imposed in April. But Canada will face a 35% tariff. Switzerland 39%.The moves mark a sharp increase in levies, ...