Major stock indexes fell on Tuesday as the United States hit Canada, Mexico and China with steep tariffs, while the euro climbed to a three-month peak against the U.S. dollar as German political parties agreed to a 500 billion euro infrastructure fund.
Canada remained the dominant supplier, responsible for 43% of imports in Q4, while Portugal secured 29% of the market. Also read: Switzerland Moves To Legalize Recreational Cannabis Under Strict Government Control Despite Canada’s lead,
North Korea welcomed international travelers for the first time in years, according to a report. A group of people from the United Kingdom, Canada, Greece, New Zealand, France, Germany, Austria, Australia,
Trudeau said Canada would continue to engage with senior Trump administration officials about the tariffs, reiterating that his goal was to get the measures removed. "I can confirm that we will continue to be in a trade war that was launched by the United States for the foreseeable future,
The dollar retreated on Tuesday, extending declines after a soft reading on U.S. consumer confidence and a drop in U.S. yields weighed, while optimism for more spending in Germany helped lift the euro.
Mexico, China and Canada were the largest importers for the US in 2023, and the first targets of US President Donald Trump’s tariffs. Germany, Japan, South Korea, Vietnam, India, Ireland, Italy and France may be next.
The Canadian Press on MSN7d
Canada, Germany working on diversifying trade in face of U.S. threatsCanadian companies and diplomats are working with their European colleagues to find ways to diversify trade as the U.S. threatens to impose steep tariffs.
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TheTravel on MSNGovernment Of Canada Updates Its Travel Advisory To Germany Following Mannheim AttackThe government of Canada continues to actively update travel advisories. In recent days, we saw the Canadian government issue a "High Degree of Caution" travel advisory after Chile declared a state of emergency.
Germany's plan for a massive ramp-up in defence and infrastructure spending will be a "positive" for its prized triple-A sovereign credit rating, S&P Global said on Wednesday.
When German voters go to the polls Sunday, the country’s moribund economy — and promises to fix it — will be front of mind. But Donald Trump’s looming import tariffs will make that daunting task even harder for the new government.
When it comes to cooperation in science and research, Canada is one of Germany’s most important partners worldwide. More than 1000 bilateral collaborations have been established between German ...
Germany’s Ambassador to Canada Tjorven Bellmann says European ambassadors in Ottawa have been in touch with corporations on both sides of the Atlantic to discuss how they can boost trade.
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