TradeNews

Canada's Carney Holds Firm on Tariffs, Demands U.S. Commitment to Free Trade

24 days ago

In a decisive move signaling Canada’s stance on trade relations, Mark Carney, the Governor of the Bank of Canada, announced that tariffs imposed on U.S. goods will remain in place until the United States demonstrates a clear commitment to free trade agreements. This declaration comes in the wake of ongoing negotiations between the two nations to resolve trade disputes that have lingered for years.

Canada Reacts to Trump's Tariff: A Trade Relationship in Jeopardy

2 months ago

In a shocking turn of events, Canada is facing significant backlash as tariffs imposed by former President Donald Trump have dealt a crushing blow to a key aspect of its economy. The recent announcement of a 25% tariff on steel and a 10% tariff on aluminum coming from Canada has left many feeling betrayed and uncertain about the future of the bilateral trade relationship.

Surge in Imports at Port of Los Angeles: What It Means Ahead of Tariff Changes

4 months ago

In a notable development for the U.S. logistics and trade landscape, the Port of Los Angeles has recently reported a continuous surge in import volumes. As businesses brace for pending tariff adjustments, this uptick underscores the shifting dynamics of international trade.

New Developments in Global Trade: Chinese-Owned Ports and U.S. Tariff Implications

5 months ago

Recent analyses of global trade dynamics reveal significant changes involving Chinese-owned ports and their strategic implications for U.S. tariffs. As countries navigate the complexities of supply chains, the role of these ports in facilitating trade becomes increasingly critical.

Canada Takes Action to Unclog Trade Amid Ongoing Port Labor Disputes

5 months ago

In a significant move to mitigate disruptions in trade, the Canadian government has mandated that ports across the nation resume operations following prolonged labor disputes that have hindered commercial activity. This decision comes as the country grapples with mounting economic pressures and logistical challenges posed by the ongoing strikes, which have affected both domestic and international shipping lanes.