Global Trade
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Canada joins multinational operation to counter Red Sea commercial ship attacksThe U.S.-led operation aims to counter escalating missile and drone attacks on commercial vessels by the Yemen-based Houthi rebel group, which are impacting global trade.WorldDec 18, 2023
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How mounting attacks on Red Sea ships may hit global trade, including CanadaTwo of the world's largest shipping companies said Friday they were pausing operations in the critical route, which could have a domino effect on trade flows worldwide.CanadaDec 15, 2023
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Global trade forecast for 2024 ‘highly uncertain’ after 5% contraction in 2023: UN bodyGlobal trade is set to contract by five per cent in 2023 compared to last year, the United Nations trade body said on Monday, with an overall pessimistic forecast for 2024.WorldDec 11, 2023
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Loonie increases over past year having a positive effect on Saskatoon businessesThe recent Canadian loonie increase means businesses who work with international sellers could potentially save some money or offer their products at lower prices.EconomyMay 26, 2021
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China trade with world surges as demand recovers from COVID-19, but growth slowsGlobal exports rose 32.3% over a year ago to $263.9 billion, in line with March but down from the explosive 60.6% rise in the first two months of 2021, customs data showed Friday.EconomyMay 7, 2021
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China testing imported food packaging for coronavirus, angering several countriesForeign officials including Canada say the lack of evidence from Beijing authorities means it is damaging trade and hurting the reputation of imported food without reason.WorldNov 18, 2020
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WTO calls for truce, says U.S. tariffs on China broke international trade rulesThe Trump administration says its tariffs imposed two years ago on more than $200 billion in Chinese goods were justified.WorldSep 15, 2020
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CUSMA in the spotlight as tensions between U.S.-China rise amid COVID-19In the U.S., the White House is now clearly counting on the trade deal, as well as its signatories, to help lead the North American recovery after the pandemic.CanadaMay 28, 2020
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Trump tariffs designed to revive U.S. steelmakers haven’t quite done the jobBy taxing imported steel, Trump risked raising costs for the many U.S. industries that use steel, straining ties with American allies and defying the limits of his authority to unilaterally punish trading partners.EconomyNov 4, 2019
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‘Biggest threat’ to Canadian economy is a global trade war: Poloz"There are 47 economies globally that are seeing this slowdown all at the same time," Poloz said.PoliticsApr 28, 2019
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