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Carney and Trump speak again as tariff deadline looms

Carney and Trump speak again as tariff deadline looms

By Promit Mukherjee and Maria Cheng OTTAWA, Aug 18 (Reuters) - Prime Minister Mark Carney spoke with U.S. President Donald Trump on Tuesday afternoon, Carney's office said, as Canada tries to hash out a last-minute deal to avert new 50% tariffs from taking effect at midnight.
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US could cut key tariffs as part of proposed Canada deal, source says

US could cut key tariffs as part of proposed Canada deal, source says

By David Shepardson and Promit Mukherjee WASHINGTON/OTTAWA, Aug 19 (Reuters) - The U.S. and Canada are closing in on a trade deal in which Washington could cut some contentious tariff rates on Canadian-built cars and trucks, and key metals, a source familiar with the matter said on Wednesday. U.S.
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US, Canada trade negotiators meet after Trump sets new tariff deadline

US, Canada trade negotiators meet after Trump sets new tariff deadline

By Promit Mukherjee and David Shepardson OTTAWA, Aug 19 (Reuters) - Canadian and U.S. trade negotiators met on Wednesday after President Donald Trump paused planned 50% tariffs on some Canadian goods for three days, as sources said auto tariff levels remained a sticking point.
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Trump pauses tariffs on Canadian imports, Carney says key work remains

Trump pauses tariffs on Canadian imports, Carney says key work remains

By Kanishka Singh, Promit Mukherjee and Maria Cheng WASHINGTON/OTTAWA, Aug 18 (Reuters) - U.S. President Donald Trump announced late on Tuesday he was putting a three-day pause on new 50% tariffs set to go into effect on Canadian goods at midnight, saying the two countries had reached a deal.
AP News AP News
Trump says US and Canada have reached last-minute deal to delay 50% US tariffs on Canadian imports

Trump says US and Canada have reached last-minute deal to delay 50% US tariffs on Canadian imports

Less than two hours before President Donald Trump was set to impose 50% tariffs on $20 billion worth of Canadian imports, the United States and Canada reached a deal Tuesday that delays the sanctions, buying time for more negotiations and avoiding for now another strain in already-tense relations between the historic allies
Reuters Reuters
Trump says US and Canada strike deal, temporarily pauses tariffs

Trump says US and Canada strike deal, temporarily pauses tariffs

By Kanishka Singh, Promit Mukherjee and Maria Cheng WASHINGTON/OTTAWA, Aug 18 (Reuters) - U.S.
AP News AP News
Trump says US and Canada have a trade deal, but key terms remain unclear

Trump says US and Canada have a trade deal, but key terms remain unclear

Canada has dodged President Donald Trump’s threat of 50% tariffs — at least for now
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The Latest: Disney sues Trump's FCC over broadcast license challenge

The Latest: Disney sues Trump's FCC over broadcast license challenge

Disney's suit filed Tuesday against the Federal Communications Commission says every media outlet in the nation is at risk due to the Trump administration's retaliation over Jimmy Kimmel's satire
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President Trump Pauses New Tariffs Amid U.S. and Canada Agreement Finalization

President Trump Pauses New Tariffs Amid U.S. and Canada Agreement Finalization

President Trump has announced a pause on the implementation of new tariffs as the United States and Canada work towards finalizing a trade agreement. This decision comes amidst ongoing negotiations between the two nations, aiming to resolve trade disputes and establish new terms for economic cooperation. The pause in tariffs indicates a potential de-escalation of trade tensions that have characterized parts of the relationship between the U.S. and Canada during President Trump's administration. The move is seen as a strategic step to facilitate the successful conclusion of the agreement, which is expected to have significant implications for cross-border trade and economic stability. The specifics of the agreement being finalized are anticipated to address various sectors and trade practices.
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Treasury Secretary Bessent doubles US long-bond buybacks in the face of surging yields

Treasury Secretary Bessent doubles US long-bond buybacks in the face of surging yields

By David Lawder and Tatiana Bautzer WASHINGTON/NEW YORK, Aug 19 (Reuters) - The U.S. Treasury announced on Wednesday support measures for long-duration bonds, stepping in to staunch, at least temporarily, an upward march in yields that had unnerved global investors.
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US, Canada hold last-minute talks to stop 50% U.S. tariffs on $20 billion worth of Canadian goods

US, Canada hold last-minute talks to stop 50% U.S. tariffs on $20 billion worth of Canadian goods

Tension between Washington and Ottawa is already high, stoked by trade disputes and President Donald Trump's inflammatory comments about making Canada the 51st U.S. state
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White House Report Accuses 40 Economies of Facilitating Chinese 'Transshipment Scam', Drawing International Pushback

White House Report Accuses 40 Economies of Facilitating Chinese 'Transshipment Scam', Drawing International Pushback

White House Report Accuses 40 Economies of Facilitating Chinese 'Transshipment Scam', Drawing International Pushback