S&P DJ removing Chinese companies from index after US order
Follows Trump’s order barring Americans from buying stocks or bonds issued by companies owned or controlled by the Chinese military.
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.
US challenges Canada’s dairy quotas in first test of new trade agreement
Claims Canada’s distribution of its tariff-rate quotas is unfair to American farmers.
EU looks forward to Biden resetting trans-Atlantic relations
…but future relations will have to adapt to a multi-polar world where China is an ever bigger player.
WH silent on pushback on Trump plan to raid Canada’s drug cabinet
Canada represents only 2% of global drug sales, and gets 68% of its drugs from outside the country.
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.
More funding for dairy, poultry, egg farmers hurt by free trade deals
Follows previously announced $1.75 billion for the dairy sector that came in effect in 2017 and 2018.
Canada calls US softwood duties unfair, unjustified, despite reduction
US Department of Commerce imposes countervailing duties of nearly 9%, down from just over 20%.
Canada, Britain beat Brexit with new trade deal, incorporates EU pact
Placeholder agreement buys the trading partners another year to reach a more comprehensive pact.
Canada’s labour unions could play big role averting ‘Buy American’ rules
Biden plans to ensure US workers and companies are first in line to reap the benefits of his economic recovery plan.
Canada-Britain trade talks in final stages as tariff deadline looms
Would prevent tariffs on Canadian products from seafood to steaks and autos.
China will avoid decoupling amid tension with US, Europe: Xi
Promised to open China’s market wider but no initiatives to respond to complaints it improperly subsidizes and shields technology.
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.
Trudeau expects trade deal with UK can be done before 2021
Says a deal should be relatively straightforward to manage even as the UK lurches toward its official exit from the EU.
Biden’s long to do list to include repairing damaged Canada-US ties
…but COVID-19 is his most pressing issue, something Canada can help with given his focus on following science.
Trudeau first leader to talk to US president-elect Joe Biden
They discussed COVID-19, climate change, fighting anti-Black racism and China’s detention of the two Michaels.
CME calls for stabilizing the trade relationship with Biden’s America
Calls for a competitive business environment that includes important investment tax measures.
Uncertain US election result: Canada faces political, economic instability
Too early to know what Canada would be facing for the next four years.
Trudeau, EU leaders meet to reinforce support of world order
Pre-US election meeting is their first formal discussion since the changeover of Europe’s top political leadership late last year.
Civil, respectful but still tough: Canada-US trade under Biden
Analyst says he’s still beholden to anti-trade sentiment within his own party.
Huawei sales up, but growth slows under virus, US pressure
US sanctions cut off access to most American components in a feud with Beijing over technology and security.
Tax records show Trump tried to land China projects: report
He paid $188,561 in taxes in China while pursuing licensing deals there from 2013 to 2015.
Dairy farmers facing losses due to CUSMA will be compensated: Trudeau
They’ve received a multi-year commitments for trade deal losses from EU and Pacific Rim agreements, but not North American deal.
Canada-China spat heats up over ambassador’s alleged threat
New friction arose when China’s ambassador Cong Peiwu branded pro-democracy protesters in Hong Kong violent criminals.
UK urged to conclude trade deal with EU to limit Brexit cost
OECD said the British economy will likely end this year 10.1% smaller than when it started.
EU can put tariffs on $4B of US goods over Boeing support: WTO
One of the largest penalties handed down by the global trade organization, considering which products to target.
Unilateral ban on single use plastics ignores spirit of USMCA: experts
US trade lawyer says agreement reflects need to consult with partners before before imposing new restrictions.
Why trade restrictions must be eliminated during COVID-19’s second wave
Nearly 100 countries enacted temporary restrictions or bans on the export of medical products.
EU says that no deal Brexit becoming ever more likely
Negotiators have less than four weeks to broker a deal that must go through a lengthy approval process.
After dairy, metals, US trade hawks focus on foreign berries, produce
Lighthizer exploring how imports of blueberries and raspberries from Canada and Mexico may be hurting US farmers.
EU takes legal action against UK over planned Brexit bill
Calls it a breach of the obligation of good faith laid down in the “Withdrawal Agreement.”
China fires back at US over environment, South China Sea
Calls the US the “biggest destroyer of international environmental co-operation.”