Canadian international trade data for September will be delayed indefinitely due to the ongoing partial shutdown of the United States government, Statistics Canada said Friday, Oct. 24.
Canada’s Prime Minister Mark Carney embarks on his first official visit to Asia on Friday in an attempt to deepen trade and security ties at a time when the North American country is struggling to lessen its overwhelming dependence on the U.S. and redefine its foreign policy in pursuit of new markets.
U.S. President Donald Trump intensified his criticism of Canada on Friday after terminating trade talks over a Canadian political advertisement that used Republican icon Ronald Reagan saying tariffs cause trade wars and economic disaster.
Canadian Cattle Association cites little effort to fix ‘non-tariff barriers,’ which they say have already been a problem for getting Canadian beef market access to the U.K.
The head of the United Nations said on Wednesday that the global trade system was facing major challenges due to tariffs, with developing countries worst affected.
Canadian Prime Minister Mark Carney on Tuesday expressed caution after a newspaper reported he might soon sign a trade deal on steel and aluminum with the U.S., saying “I wouldn’t overplay it.”
Canada offered tariff relief on some steel and aluminum products imported from the U.S. and China, a government document showed, in efforts to help domestic businesses battered by a trade war on two fronts.
Earlier this week Heath MacDonald, Canada’s Minister of Agriculture and Agri-Food and Mexico’s Secretary of Agriculture and Rural Development, Julio Berdegué, met to discuss bilateral relations and strengthen cooperation and trade ties between the two countries.