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Arizona businesses warn of higher costs if Canada tariffs hit

Arizona businesses warn of higher costs if Canada tariffs hit

If a deal isn't reached, Canada could face 50% tariffs starting Aug. 19. Arizona imports roughly $2.8 billion in Canadian products each year.
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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
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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.
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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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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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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.
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US, Canada try to bridge gaps over potential autos tariff cuts, sources say

US, Canada try to bridge gaps over potential autos tariff cuts, sources say

By David Shepardson, Nora Eckert and Kalea Hall Aug 17 (Reuters) - U.S. and Canadian trade negotiators were haggling over a potential reduction in President Donald Trump's tariffs on Canadian vehicles to 15% after some value content deductions, three sources familiar with the talks said on Monday.
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Proposed U.S. Trade Agreement with Canada May Be Submitted to President Trump Next Week

Proposed U.S. Trade Agreement with Canada May Be Submitted to President Trump Next Week

A proposed trade agreement between the United States and Canada could be presented to President Trump as early as next Monday. This development comes amidst significant public sentiment in Canada regarding U.S. diplomatic presence, with tens of thousands of Canadians signing a petition demanding the departure of the American ambassador to their country. The potential submission of a trade deal indicates ongoing negotiations and efforts to finalize economic relations between the two North American nations. The context suggests a complex diplomatic environment where trade discussions are proceeding concurrently with expressions of public dissatisfaction concerning U.S. representation in Canada. The details of the proposed agreement and its specific terms were not disclosed in the source material, but its imminent submission to President Trump highlights a critical juncture in U.S.-Canada trade relations.
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Bond selloff slows but stocks wobble

Bond selloff slows but stocks wobble

By Tom Westbrook SINGAPORE, Aug 19 (Reuters) - Global bond yields hovered near their highest for decades on Wednesday, as fears over swelling sovereign debt pushed borrowing costs higher and rattled stock markets worldwide.
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Morning Bid: Bonds out, robots in

Morning Bid: Bonds out, robots in

Aug 19 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The bond storm quietened a bit overnight but left equity markets bruised, with an uneasy calm hanging over markets as the U.S.
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Bonds selloff pressures Europe, oil climbs further

Bonds selloff pressures Europe, oil climbs further

By Iain Withers and Dhara Ranasinghe LONDON, Aug 19 (Reuters) - European government bond yields rose to new multi-year highs on Wednesday as a global selloff deepened on fears of swelling sovereign debt, while oil futures gained for a fourth straight day on receding prospects of a deal to end the
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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