mexico
Carney to visit Mexico next month as both countries navigate tense U.S. relations
Prime Minister Mark Carney will visit Mexico next month. He last spoke face-to-face with Mexican President Claudia Sheinbaum at the G7 summit in Alberta. (Darryl Dyck/The Canadian Press) Prime Minister Mark Carney is set to visit Mexico next month as the countries try to navigate trade relations with the United States. Both Mexico and Canada have been subject to tariffs and tariff threats from U.S. President Donald Trump since he was re-elected last fall. Trump upped tariffs on Canadian non-CUSMA-compliant goods to 35 per cent earlier this month, but exemptedRead more
U.S. extends trade deal with Mexico, sets tariffs for dozens of countries
U.S. President Donald Trump, seen in the Roosevelt Room at the White House, signed an executive order on Thursday imposing ‘reciprocal’ tariffs ranging from 10 per cent to 41 per cent on U.S. imports from dozens of countries and foreign locations. (Jacquelyn Martin/The Associated Press) U.S. President Donald Trump signed an executive order on Thursday imposing “reciprocal” tariffs ranging from 10 per cent to 41 per cent on U.S. imports from dozens of countries and foreign locations. The order was issued shortly after 7 p.m. ET on Thursday evening. It came after aRead more
CP Rail, Kansas City Southern merger clears path for more cargo, but hitches remain
Continent’s 1st major railway merger in over 2 decades Under the banner of Canadian Pacific Kansas City, the merger of North America’s two smallest Class 1 railways became official Friday morning as CEO Keith Creel drove home a platinum spike at a ceremony in Kansas City, Mo. Combining Canadian Pacific Railway Ltd. with Kansas City Southern Railway Co., the fusion creates the only railway stretching from Canada through to the U.S. and Mexico and marks the continent’s first major rail merger in more than two decades after a U.S. regulatorRead more