Federal Court Agrees to Continue Trump’s Tariffs
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US and China continue trade talks in London
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China, Mexico, the European Union, Japan, Canada and many airlines and aerospace companies worldwide urged the Trump administration not to impose new national security tariffs on imported commercial planes and parts,
Canada and China have reached a diplomatic detente, after years of testy relations and with President Trump targeting both countries with hefty tariffs. Prime Minister Mark Carney said a call he held with Chinese Premier Li Qiang marks the start of “recalibrating the relationship with China.
A trade war with the European Union could negatively impact many U.S. industries. The lobster trade provides a specific case study of how one significant industry could be severely harmed.
In 2024 Canada shipped two-thirds of its total canola seed exports to China, and 95% of total canola oil exports of 3.5 million tons to the U.S. But Canada's wheat exports were "highly diversified," the U.S. Department of Agriculture noted.