#USTradeTalks
Trump tells Canada to 'fall in line' as Carney rejects 'subordination' #DonaldTrump #MarkCarney #Canada #UnitedStates #Canada-USTradeTalks
Trump tells Canada to ‘fall in line’ as Carney rejects ‘subordination’
Rolling coverage of the international stories of interest to our readers
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August 24, 2026 at 9:51 PM
Trump threatens to hike Tariffs on Canadian autos, steel to 50% in January #TrumpTariffs #CanadianExports #CanadaFirst #Canada-USTradeTalks #US
Trump threatens to hike tariffs on Canadian autos, steel to 50% in January
U.S. President Donald Trump says he will hike tariffs on all vehicles, auto parts and steel from Canada to 50 per cent on Jan. 1.
cheknews.ca
August 24, 2026 at 2:56 PM
European shares flat as investors assess mixed earnings; focus on US-EU trade talks
By Sanchayaita Roy and Twesha Dikshit (Reuters) -European shares were flat on Monday as investors assessed a mixed bag of corporate earnings while awaiting a potential trade deal between the United States and the European Union. The pan-European STOXX 600 index was up 0.03% at 547.15 points, as of 0831 GMT. U.S. Commerce Secretary Howard Lutnick said on Sunday he was confident that Washington can secure a trade deal with the EU, but August 1 is a hard deadline for tariffs to kick in. Investors awaited clarity on U.S.-EU trade talks, as the bloc readied retaliatory measures if negotiations with Washington failed. "On the one hand, it’s this complete uncertainty when it comes to the tariffs," said Jochen Stanzl, chief market analyst at CMC Markets (LON:CMCX), adding that on the other side he remains hopeful the EU and U.S. will reach a better deal, and that the impact on corporate earnings will not be as severe as initially feared. European basic resources gained 3.3%, the most among sectors, while travel and leisure rose 1.7%. Banks slipped 0.7%. Ryanair was one of the biggest percentage gainers in the STOXX 600, after Europe’s largest low-cost carrier reported that its quarterly profit more than doubled. Its shares surged 6.2%, boosting other airline stocks. Lufthansa rose 1.3% and EasyJet gained 1.1%. Miners Glencore (OTC:GLNCY), Anglo American (JO:AGLJ) and Antofagasta (LON:ANTO) rose between 3.3% and 4%, tracking stronger metals prices. [MET/L] Boliden (ST:BOL) rose 5.9% after Berenberg upgraded the Swedish miner to "buy" from "hold". Belimo advanced 5.5% after the Swiss heating and ventilation solution maker posted better-than-expected half-year profitability. Conversely, Stellantis (NYSE:STLA) fell 1.2% after the automaker said it expects a net loss of 2.3 billion euros ($2.68 billion) for the first half of 2025. Swedish defence material maker Saab fell 7.4% after rising 16.4% in the previous session. On Monday, the Chinese foreign ministry said European Commission President Ursula von der Leyen and European Council President Antonio Costa will meet with Chinese President Xi Jinping on Thursday. Meanwhile, a European Central Bank survey showed on Monday that the Euro zone firms remain optimistic about their growth prospects but are also experiencing pressure on their profits, in part due to trade tensions. Investors will also take cues from the ECB’s meet later this week, at which it is expected to keep rates steady at 2.0% following a series of cuts. Focus will also be on big tech company results this week, including Alphabet (NASDAQ:GOOGL) and Tesla (NASDAQ:TSLA). With STLAM making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed STLAM alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including STLAM, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is STLAM poised for similar growth? Don't miss the opportunity to find out.
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July 21, 2025 at 9:35 AM
Canada rescinds digital services tax to revive US trade talks; eyes July 21 deal
Investing.com-- Canada announced on Monday it will rescind its Digital Services Tax (DST), clearing the way for the resumption of trade and security negotiations with the United States, with both sides aiming to strike a deal by July 21. Finance Minister François-Philippe Champagne said the government will halt the June 30 collection of the DST and introduce legislation to repeal the Digital Services Tax Act, which had targeted large multinational tech firms operating in Canada. The tax, introduced in 2020, was seen by Washington as a key obstacle to broader trade discussions. The decision comes just days after U.S. President Donald Trump abruptly called off trade talks on Friday, denouncing the tax as a “blatant attack". “Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress,” Champagne said in a statement. Prime Minister Mark Carney and U.S. President Donald Trump agreed to restart talks, reaffirming their goal of reaching a comprehensive agreement that supports workers and businesses on both sides of the border. The timeline reflects commitments made at the G7 Leaders’ Summit in Kananaskis earlier this month. Carney emphasized that Canada would take "as long as necessary, but no longer, to achieve that deal."
www.investing.com
June 30, 2025 at 4:49 AM
U.S.-China trade talks, Apple WWDC keynote ahead - what’s moving markets
Investing.com - U.S. stock futures edge lower as traders turn their gazes towards renewed U.S.-China trade talks in London. Markets are hoping that the discussions will lead to a ratcheting down in trade tensions between the world’s two largest economies, who have been at loggerheads over issues like tariffs and export controls. Elsewhere, Apple (NASDAQ:AAPL) is set to deliver a closely-watched keynote address at its annual developers conference, while Chinese export growth slows in May. 1. Futures dip U.S. stock futures pointed lower on Monday, with investors looking ahead to a fresh round of trade talks between the U.S. and China as well as key inflation figures later this week. By 03:30 ET (07:30 GMT), the Dow futures contract had slipped by 46 points, or 0.1%, S&P 500 futures had fallen by 6 points, or 0.1%, and Nasdaq 100 futures had dropped by 39 points, or 0.2%. The main averages on Wall Street ended higher on Friday, fueled by a stronger-than-anticipated U.S. labor market reading for May, and President Donald Trump’s announcement of today’s meeting between U.S. and Chinese officials in London (more below). Shares in Tesla (NASDAQ:TSLA) also rebounded from a slump that stemmed in part from a verbal and online brawl between CEO Elon Musk and Trump. At the close of trading, the S&P 500 stood at above the 6,000 for the first time since February 21. 2. U.S.-China trade talks to be renewed Crunch discussions between the U.S. and China at an undisclosed location in London are set to be major focus for markets on Monday. Investors are optimistic that the world’s two largest economies will achieve a rapprochement following a period of increased trade tensions. Both sides have been at odds over Trump’s threat of elevated tariffs and the supply of rare earth minerals from China, despite a preliminary agreement reached in Geneva last month that included a temporary pause and lowering of punishing tit-for-tat levies. Trump’s so-called "reciprocal" duties on China are now on hold until August 12. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick are due to represent Washington during the discussions, while Vice Premier He Lifeng will helm China’s contingent. Last week, Trump and Chinese counterpart Xi Jinping spoke for over an hour on the phone. Trump said the conversation was mostly focused on trade and had a "very positive conclusion", although a Chinese government account noted that Xi told Trump to back away from his aggressive trade measures and avoid taking steps to support Taiwan. 3. Apple WWDC keynote address Outside of politics, markets will be keeping tabs on Apple’s annual Worldwide Developers Conference, which is due to begin on Monday with the iPhone maker’s traditional keynote address. The event typically pulls away the veil on some of Apple’s software updates due to be made available later this year. Bloomberg News has reported that Apple will likely debut a new numbering regime for its operating system, shifting from a sequential series to one based on the year. Apple’s iOS 26, for example, is reportedly tipped to include major design changes, but little is currently known beyond potential improvements to the artificial intelligence-enhanced Apple Intelligence service. Meanwhile, Apple’s promised move to bring more AI into its Siri voice assistant is likely not coming this week, after the firm said three months ago that the upgrade was taking longer than initially projected. A perceived lack of progress on AI has partly dented sentiment around Apple, sending shares in the company down by more than 16% so far this year. 4. Chinese export data China’s export growth decelerated to a three-month low in May as the country grappled with U.S. tariffs that weighed on shipments. Customs data showed that China’s exports to the U.S. slipped by 34.5% versus the prior year in value terms -- the steepest decline since the outbreak of the COVID-19 pandemic roiled global trade in early 2020. Overall exports, a key driver of the country’s massive trade surplus, still expanded in May, albeit at a slower than expected pace, while growth in exports also weakened sharply. Exports grew 4.8% year-on-year missing expectations for a 5% rise and falling from the 8.1% rise seen in the prior month. But the country’s imports fell substantially more than expected in May, reflecting weak demand at home amid increased economic uncertainty and sluggish consumer spending. Chinese imports fell 3.4% year-over-year, compared to an expected drop of 0.9% and deepening their decline from a 0.2% fall in the prior month. 5. Oil retreats Oil prices slipped lower Monday, but have retained most of last week’s gains as traders watched for news from the U.S.-China trade talks in London. At 03:30 ET, Brent futures slipped 0.5% to $66.16 a barrel, and U.S. West Texas Intermediate crude futures fell 0.4% to $64.30 a barrel. The prospect of a U.S.-China trade deal have boosted some investors’ risk appetite and supported oil prices amid hopes a deal will boost economic growth and thus demand for energy. Brent had advanced 4%, and WTI gained over 6%, last week, their first weekly gain in three weeks. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is AAPL one of them?
www.investing.com
June 9, 2025 at 9:53 AM
Chinese tech stocks jump ahead of US-China trade talks in London
Investing.com-- Chinese technology stocks rose in early trade on Monday ahead of high-stakes U.S.–China trade talks in London, with investors anticipating progress on tariffs and export controls that could boost growth outlook for tech and consumer sectors. U.S. trade officials, led by Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, are expected to meet Chinese Vice Premier He Lifeng. Talks will centre on rolling back tariffs, adjusting export curbs on tech and critical minerals, and addressing systemic economic concerns Hong Kong-listed Alibaba (HK:9988) and JD.com (HK:9618) were among the top performers, rising 3%, and 4.8%, respectively as traders bet on potential tariff relief and resumed rare earth exports following a positive call between Presidents Xi and Trump. Meanwhile, chipmaker Semiconductor Manufacturing International Corp (SMIC) (HK:0981) saw its shares climb 4.6%, driven by hopes of looser U.S. export controls on semiconductor-related equipment, a key focus of the London agenda. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is BIDU one of them?
www.investing.com
June 9, 2025 at 3:53 AM
www.investing.com
May 6, 2025 at 3:30 AM
Asia stocks rally as China indicates potential US trade talks; HK top gainer
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May 2, 2025 at 5:26 AM
Analysis-Yen, BOJ’s rate policy may remain focus in Japan-US trade talks
WASHINGTON (Reuters) -Japan may have averted U.S. pressure for a stronger yen in bilateral finance talks on Thursday, but a closer look at officials’ descriptions of the meeting suggests currencies and the Bank of Japan’s interest rate policy may remain key factors in broader trade negotiations. Speaking to reporters after his first face-to-face talks with U.S. Treasury Secretary Scott Bessent on Thursday, Japanese Finance Minister Katsunobu Kato said they did not discuss exchange-rate targets or a framework to manage yen rates. There was no accusation made by the U.S. that Japan was intentionally weakening the yen, according to a Japanese finance ministry official who accompanied Kato. But Kato was tight-lipped on the details of the 50-minute meeting with Bessent, which was held on the sidelines of the International Monetary Fund and World Bank spring meetings in Washington. When asked whether the U.S. made any specific requests to Japan, Kato said: "I can’t comment because that goes straight into actual discussions." The U.S. Treasury Department had issued no statement about the Kato-Bessent meeting as of early Friday afternoon. Still, there were some hints. For one, Kato said Japan and the U.S. will continue close and constructive dialogue on exchange rates "in relation to the ongoing bilateral trade negotiations" - language some analysts saw as a sign Washington could make demands on the yen as part of broader trade talks. The meeting preceded top Japanese trade negotiator Ryosei Akazawa’s scheduled visit to Washington next week for a second round of bilateral trade talks that may prove tortuous for the U.S. U.S. President Donald Trump’s focus on addressing the trade deficit, and his past remarks criticizing Japan for intentionally maintaining a weak yen, have fueled market expectations that Tokyo will face pressure to strengthen the yen’s value against the dollar and give U.S. manufacturers a competitive advantage. "President Trump strongly believes that Japan and China have been intentionally depreciating their currencies. There’s little sign of him changing that view, so markets remain cautious," said Tsuyoshi Ueno, senior economist at NLI Research Institute. "If next week’s trade negotiations between Akazawa and Bessent do not go well, Washington’s attention could turn towards exchange rates again," he said. BOJ RATE HIKES Another key sign was Kato’s remark that he explained to Bessent Japan’s recent economic developments "including wage hikes." He added that in doing so, he also talked about Japan’s "price developments." That suggests discussions may have touched upon Japan’s monetary policy, as both wages and prices are key to the timing and pace of further interest rate hikes by the BOJ. Sources have previously told Reuters the slow pace at which the BOJ is raising borrowing costs from ultra-low levels could come under fire in bilateral trade talks. Steady rises in wages and inflation were key to the BOJ’s decision to exit a massive stimulus last year and raise its short-term interest rate to 0.5% in January. With inflation exceeding its 2% target for three consecutive years and big firms continuing to offer bumper pay hikes this year, the BOJ has signaled its readiness to keep hiking rates. But the central bank’s rate-hike path has been complicated by Trump’s tariffs, which threaten to derail Japan’s fragile economic recovery and have prodded analysts to push back the expected timing of the next rate increase. While warning of heightening economic uncertainty, BOJ Governor Kazuo Ueda on Thursday repeated the central bank’s readiness to keep hiking rates. "It’s notable that Kato and Bessent likely discussed Japan’s wage developments," said Katsuhiro Oshima, chief economist at Mitsubishi UFJ (NYSE:MUFG) Morgan Stanley Securities, adding that Ueda’s remarks suggest the BOJ remains on course to hike rates. "Wage hikes would be a win for Japan’s economy, a win for the U.S. from the perspective of exchange rates, a win for Japanese households which will see purchasing power increase, and a win for the BOJ by making it easier to raise rates."
www.investing.com
April 25, 2025 at 6:03 PM