Canada, Britain sign agreement for post Brexit trade, tables legislation
Liberal government bill to implement the deal in Canadian law introduced in the House of Commons.
No text of Canada-UK trade deal as Dec. 31 tariff deadline looms
Trade minister says both countries are working on mitigation measures to provide stability to businesses.
Canada calls US softwood duties unfair, unjustified, despite reduction
US Department of Commerce imposes countervailing duties of nearly 9%, down from just over 20%.
USMCA makes working class Americans integral to future US trade policy
Biden will be focused on ensuring domestic investments, procurement efforts and tax policy generate benefits for those left behind by the global economy.
China tightens restrictions on Australian exports of timber, barley
Authorities also are delaying clearance for a $1.4 million shipment of live lobsters.
Trump proclamation exempts Canadian aluminum from tariffs
… but he reserves the right to reimpose the 10% levies on national security grounds if exports spike again.
US halts imports from China’s Uighur region for forced labour
Orders freeze imports from companies that produce cotton, clothing and computer parts in the Xinjiang region of northwestern China
Maple Leaf suspends pork exports to China after COVID-19 cases
China has adopted new protocols that require Canadian processors who report a positive COVID-19 case to do so.
58% of Americans oppose Trump tariff on Canadian aluminum: survey
Polling firm Leger says numbers reflect a lack of a clear rationale for the action by the mercurial US president.
Sask. Premier Moe worried U.S. could put tariff on steel after aluminum
Regina is home to the Evraz steel mill where hundreds of people work
Hong Kong, Chinese officials jeer at U.S. sanctions
The sanctions, announced Aug by the U.S. Treasury Department, block all property or other assets that the individuals have within U.S. jurisdiction
Canada plans $3.6B in retaliatory tariffs on U.S. in aluminium dispute
Freeland says the tariffs will match dollar-for-dollar the costs of the planned 10% import tariff on Canadian raw aluminum that will apply starting Aug. 16
Bank of England says economy will take time to heal
U.K. GDP probably shrank by 23% in the second quarter
Canada’s merchandise trade deficit increases sharply to $3.2B in June: StatCan
Exports were up 17.1% to $39.7 billion but down 20% from $49.6 billion a year earlier
US, Mexican presidents talk USMCA without Canada
Trudeau skipped the meeting citing the challenges of the ongoing COVID-19 pandemic.
Why fresh US tariffs? Politics, pandemics, Russian aluminum
Aluminum is one of the elemental components of the Canada-US trade relationship.
Order restricting entry to Canada extended to July 31 as COVID-19 worries remain
Restrictions covering people seeking to enter Canada from countries other than the United States were set to expire at midnight June 30.
Companies prodded to rely less on China, but few respond
Drug makers looking to reduce reliance but consumer electronics, medical devices and other industries are hanging in.
Trade confidence plunges, pandemic drives EDC index to an all time low
Almost three-quarters of survey respondents said the pandemic has had a negative impact on their sales.
Thousands of Canadians could be affected by Trump’s decision to extend visa ban
The ban on new visas takes effect June 24
EDC predicts 20% drop in exports before rebounding in 2021
Automotive, aerospace and energy big contributors to the 2020 drop.
China-Canada divide widens after Meng ruling, Beijing denounces decision
A judge ruled the allegations against her could constitute a crime in Canada.
China demands US withdraw sanctions on tech suppliers
Measures expand a US campaign against Chinese companies including tech giant Huawei.
US agrees to Canada’s request to extend non-essential travel
The US has more than 1.5 million active cases of COVID-19, 42% of the world’s active caseload.
Trump trade office adds Amazon to ‘notorious markets’ list
USTR cited complaints from U.S. businesses that consumers can’t easily tell who is selling items on the Amazon platforms.
US seals the USMCA deal, trade agreement can take effect July 1
The U.S. notified its North American trading partners April 24 that it has finished the domestic housekeeping work called for in the agreement
Key COVID-19 testing chemical reaches Canada
The ingredient needed in tests for the virus has been in short supply in the highly competitive and strained global market.
Canada-United States border to be closed for another 30 days
The border was originally closed on March 21 because of the COVID-19 pandemic.
Canada must invest in key areas to deal with COVID-19: C.D. Howe
Public policy group notes worrisome tide of export restrictions on critical goods internationally.
Doing business in the time of COVID-19: EDC
The challenge to the global economy and Canadian exporters depends on the severity and longevity of COVID-19.
Manufacturers plan for uncertain cash flow in 2020
… but 30% of SME survey respondents had challenges with managing cash flow.
China struggles to revive manufacturing amid virus outbreak
Analysts warn the longer that disruption lasts, the more damage will spread to wider industries and other economies.