The two nations have been locked in a trade war for much of the past year, disrupting the flow of hundreds of billions of dollars worth of goods and stoking fears of a global economic slowdown. Continue reading
The U.S. and Chinese economies each lost about $2.9 billion annually due to Beijing’s retaliatory tariffs on soybeans, corn, wheat and sorghum, according to an agricultural economist. Continue reading
The tax agency said Beijing will suspend a 25 per cent import charge on $66 billion of cars and trucks and a 5 per cent charge on $60 billion of auto parts. Continue reading
The news prompted a rally in automakers’ shares. Continue reading
The trade war between the United States and China, the killing of a Saudi journalist in the country’s Istanbul Consulate and the conflict over Ukraine are likely to be on the agenda. Continue reading
Demand from Canada’s largest export market, the United States, remains strong, thanks to a healthy U.S. economy, a weak Canadian dollar and from President Donald Trump’s ongoing trade war with China. Continue reading
Farmers were initially encouraged when Trump promised to stand up for them and win access to Canada’s protected dairy industry as part of a renegotiated NAFTA, but then reality set in. Continue reading
The situation is bad enough to prompt Canadian soy and hog farmers to demand compensation from Ottawa. Continue reading
Whirlpool, 3M and Caterpillar are among the companies blaming tariffs for escalating costs. Continue reading
Ford CEO Jim Hackett revealed the number during a television interview Wednesday, and the company said the figure is a year-over-year increase from March through 2019. Continue reading