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.