Read the latest news from regional and global sources, presenting different voices and perspectives.
Trump Says He’ll Hike Existing Canada Tariffs, Slams Dairy Market Access
Successful Farming
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President Donald Trump said Thursday evening that Canada will face higher duties for some products beginning next month due to the Canadian government’s decision to retaliate against U.S. duties applied earlier this year. He also took the...
AP Business SummaryBrief at 9:59 a.m. EDT
Voice of Alexandria - Minnesota
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Trump plans to hike tariffs on Canadian goods to 35% WASHINGTON (AP) — Canadian Prime Minister Mark Carney says Canada will keep working toward a new trade framework with the United States despite U.S. President Donald Trump saying he'll raise...
Business News | Schneider Electric Partners with Horizon Industrial Parks for a State-of-the-Art Manufacturing Facility in Hosur, Tamil Nadu
Latestly
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July 10, 2025
VMPL Bangalore (Karnataka) [India], July 10: Schneider Electric, the leader in the digital transformation of energy management and automation, today announced its plan to develop a manufacturing facility for its Schneider Electric IT Business at...
US plans 35% tariffs on Canada imports
Automotive Dive
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July 11, 2025
The U.S. will levy a 35% tariff on imports from Canada, effective Aug. 1, according to a letter President Donald Trump posted on Truth Social Thursday evening. The letter, addressed to Canada Prime Minister Mark Carney, is the latest in a series...
Canadian condo owners face tough decisions amid housing market changes
The Canadian Press
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While optimism is building for a rebound in real estate activity, a sluggish condo market with falling sales in cities like Toronto and Vancouver and weaker investor demand means those looking to upgrade still face tough choices. (July 10, 2025)
Global markets slip as investors digest tariff moves
Mint
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July 11, 2025
Stock markets tracked U.S. stock futures lower early on Friday after Wall Street notched fresh record highs in the previous session. Late Thursday, U.S. President Trump said he would put a 35% tariff on imports from Canada effective Aug. 1, hard...
Trump’s 35% tariff threat on Canada will likely exempt USMCA goods, U.S. official says
The Globe and Mail
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July 11, 2025
Open this photo in gallery:U.S. President Donald Trump speaks to reporters at the White House on Saturday.Jonathan Ernst/Reuters Donald Trump’s threatened 35-per-cent tariffs on Canadian goods starting Aug. 1 would most likely only apply to goods...
Trump escalates trade war with new tariffs on Canada. Latest updates here.
BNN Bloomberg
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July 11, 2025
In an open letter to Prime Minister Carney, U.S. President Trump announces 35 per cent tariffs on goods imported from Canada. U.S. President Donald Trump promised to strike Canada with a 35 per cent blanket import tariff on Aug. 1 in a letter to...
Jamie Dimon says Trump was ‘right to chicken out’ on tariffs, but that markets are getting too complacent
Fortune
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Despite markets embracing the so-called “TACO Trade”—Trump Always Chickens Out—JPMorgan CEO Jamie Dimon cautioned that investors may be underestimating the risks of relying on past tariff U-turns. UBS’s Paul Donovan reinforced this concern in a...
Trump opens another front in trade tensions with 35% tariff on Canada
Wealth Professional Canada
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The letter arrives just days ahead of a self-imposed July 21 deadline for a trade resolution, which both countries agreed to during the G7 Summit in Alberta last month. As reported by BNN Bloomberg, the letter said tariffs “may be modified, upward...
Canadian Visitors To U.S. Plummet 33% In June—Sixth Straight Month Of Steep Declines
Forbes
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Topline Last month saw one-third fewer Canadians visiting the U.S. by car compared to June 2024—as Canada propels international tourism declines to an expected overall economic loss of $29 billion in 2025. One third fewer Canadians traveled to the...
Commentary: Cheap drugs from Canada can’t make America healthy
Orlando Sentinel - Florida
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July 11, 2025
The U.S. Food and Drug Administration just announced plans to help states and Indian tribes purchase certain prescription drugs from Canada, where brand-name medicines tend to be cheaper because the government caps their price. The new guidance is...
Trump threatens Canada with higher tariff, mulls further global levies
The Peninsula
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July 11, 2025
(FILES) Canadian Prime Minister Mark Carney (L) greets US President Donald Trump during an arrival ceremony at the Group of Seven (G7) Summit at the Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta, Canada on June 16, 2025. (Photo by...
Markets Midweek Update: Trump Tariff Yo-Yo Fails to Scare Markets
Investing
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July 10, 2025
Despite a risk-off opening to this week, the latest tariff delay from the Trump administration brought back some risk appetite. The Nasdaq retested its all-time highs (22,945 on its CFD) and the S&P 500 came close to it. Only the 169|Dow Jones}}...
Carney vows to defend Canada as Trump slaps 35% tariffs
Sun Online International
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Canada’s Prime Minister Mark Carney says his government will continue to defend Canadian workers and businesses in their negotiations with the United States on tariffs. The statement came in response to US President Donald Trump’s announcement of...
Kazakhstan Engaged in Legal Disputes with 20 Foreign Companies
Times of Central Asia
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July 11, 2025
Kazakhstan is currently involved in 20 legal disputes with foreign companies, a decrease from 26 cases in 2023, according to Yerlan Musabayev, Acting Director of the Department for the Protection of State Property Rights under the Ministry of...
US Tariffs Unsettle The Markets While The UK's May GDP Unexpectedly Contracted
myMotherLode - California
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Image Source: Pexels Overview: The US 35% tariff on Canada and President Trump's threat to have a 15%-20% universal tariff rather than 10% provides today's disruption. A tariff letter for the EU is awaited but seeing how the US treated Canada and...
Canada relies on US trade. Here's how the country is reacting to high tariffs
North Country Public Radio - New York
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July 10, 2025
Jul 10, 2025 — Canadian leaders are in Quebec City this week to talk about trade. The country’s economy is deeply tied to the US, but President Donald Trump’s steep tariffs and threatening rhetoric about making Canada the 51st state have put that...
Trump’s Tariffs on Canada Not Priced Into Markets, CIBC Says
Financial Post
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July 11, 2025
Still, “we remain concerned the precarious tariff and trade situation has not been fully appreciated by equities,” de Verteuil said. Canadian officials involved in trade talks don’t “seem to be aware of impending actions by the President,” and...
Canadian CAP members increasingly investing in TDFs: report
Benefits Canada
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July 10, 2025
While the British Columbia Investment Management Corp. supports the goal of net zero by 2050, that doesn’t translate to a hard target for its portfolio,... Canadian capital accumulation plan members are increasingly allocating their investments to...