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Home/News/Business
Business
Aug 23, 2026, 5:33 PM·1 views

Can Canada Still Trust America on Trade?

Chrystia Freeland says a tentative US-Canada trade agreement may prevent new US tariffs from taking effect, but only if Canada makes major concessions including easing retaliation, allowing US alcohol back into…

Business

Chrystia Freeland says a tentative US-Canada trade agreement may prevent new US tariffs from taking effect, but only if Canada makes major concessions including easing retaliation,.

Chrystia Freeland says a tentative US-Canada trade agreement may prevent new US tariffs from taking effect, but only if Canada makes major concessions including easing retaliation, allowing US alcohol back into provincial stores and aligning with Washington on some digital issues. Existing US tariffs on Canadian steel, aluminum, cars and auto parts would remain, though at lower levels. Freeland says that would mark a major shift from Canada’s long-held position that such tariffs violate USMCA, and could hurt both countries, especially US manufacturing and the Detroit-Windsor auto supply chain. This interview was recorded on Aug. 20. (Source: Bloomberg)

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BUSINESS1H AGO

Saudis Oil Logistics Roiled Again by Houthis’ Red Sea Threat

Saudi Arabia is yet again being forced to overhaul how its oil gets to customers around the world as Yemen’s Houthis make it harder for Riyadh to use a backup route that’s been vital to the global economy since the…

PolicyDrift
BUSINESS1H AGO

Zelenskyy rejects election call from fired defence minister

President says wartime vote would ‘split Ukraine apart’ as he seeks to reassert authority

PolicyDrift
BUSINESS1H AGO

Trump’s South Korea snub raises questions in the Asia-Pacific

Scaling back military exercises has undermined faith in America’s reliability

PolicyDrift
BUSINESS3H AGO

UK energy companies on alert after ‘Iran-linked hackers’ shut down power plant

Security chiefs brief energy bosses with ‘advice, direction and next steps’ after cyber attack

PolicyDrift
BUSINESS3H AGO

Alibaba announces $10.2bn share placement as Chinese companies expand AI investment

Equity issuance follows a strong reception for its latest Qwen 3.8-Max model

PolicyDrift
BUSINESS4H AGO

Anthropic’s best AI model struggles to attract users as cheaper tools thrive

AI lab’s Fable 5 has met with sluggish demand from corporate clients

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BUSINESS1H AGO

Saudis Oil Logistics Roiled Again by Houthis’ Red Sea Threat

Saudi Arabia is yet again being forced to overhaul how its oil gets to customers around the world as Yemen’s Houthis make it harder for Riyadh to use a backup route that’s been vital to the global economy since the…

PolicyDrift
BUSINESS1H AGO

Zelenskyy rejects election call from fired defence minister

President says wartime vote would ‘split Ukraine apart’ as he seeks to reassert authority

PolicyDrift
BUSINESS1H AGO

Trump’s South Korea snub raises questions in the Asia-Pacific

Scaling back military exercises has undermined faith in America’s reliability

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