Trump trade tariff targets non-U.S. movies with 100% levy
Monday, May 5, 2025, 7:21 am more...
In a bold move that could upend international film production, President Trump has proposed a 100% tariff on non-U.S. movies. The measure, seen as a drastic deterrent to foreign filming incentives, simultaneously champions domestic projects while adding yet another dramatic twist to his trade policy theatrics.
permalink / 2 stories from sources in 4 hours ago #trade #tariffs #movies #trump +
GM Oshawa Shifts Reduced Amid Tariff Fallout and Trade Uncertainty
Friday, May 2, 2025, 9:21 am more...
General Motors announced a reduction in shifts at its Oshawa Assembly plant this fall, pointing to evolving trade dynamics and tariff fallout. This move affects thousands of auto workers and reflects the company’s attempt to recalibrate production in response to uncertain demand during turbulent trade conditions.
permalink / 6 stories from sources in 3 days ago #trade #tariffs #autosector #canada +
Legault and Carney Debate Trump, Trade, and Election Aftermath
Thursday, May 1, 2025, 9:21 pm more...
In a candid yet curiously cordial phone conversation, Quebec Premier Legault and Carney traded barbs and pleasantries—from Trump’s economic antics to trade disputes and even election congratulatory nods. The call laid bare the simmering tensions and understated absurdities of federal-provincial rapport.
Bluesky: @lapresse.ca
permalink / 6 stories from sources in 3 days ago #politics #federal #trade #carney +
Canadian Auto Parts Sidestep US Tariffs under CUSMA Exemption
Thursday, May 1, 2025, 5:20 pm more...
New tariff policies under CUSMA exempt select Canadian auto parts from the additional 25% tariffs planned by U.S. authorities. The measure spares manufacturers from increased costs and reflects shifting trade dynamics between the U.S. and Canada, offering some much‐needed relief for the industry.
permalink / 8 stories from sources in 3 days ago #trade #tariffs #autosector #canada +
New Brunswick Premier Urges Carney for Trade Alternatives
Thursday, May 1, 2025, 2:21 pm more...
New Brunswick Premier Susan Holt has formally reached out to Mark Carney, urging the creation of national trade corridors as an alternative to heavy U.S. reliance. Her emphatic letter, now echoed in duplicate reports, lays bare the urgency of reshaping trade in a time of geopolitical theatrics—and a touch of blunt candour.
permalink / 2 stories from sources in 3 days ago #trade #carney #newbrunswick #atlanticcanada +
Ontario to table 2025 budget on May 15 amid tariff concerns
Thursday, May 1, 2025, 11:21 am more...
Ontario Finance Minister Peter Bethlenfalvy confirmed that the government will present its 2025 budget on May 15, emphasizing infrastructural development and a response to tariff pressures. The plan is presented as a catalyst for economic growth—clearly a move to keep fiscal critics at bay, even if debates over trade persist.
permalink / 4 stories from sources in 4 days ago #budget #trade #tariffs #ontario +
Canadian Tire Pursues Hudson’s Bay Asset Acquisition, Sources Claim
Thursday, May 1, 2025, 10:21 am more...
In a surprising retail shakeup, Canadian Tire has reportedly made a bid for select assets of the beleaguered Hudson’s Bay chain, including key intellectual property. This strategic move signals a bold effort to rejuvenate its market presence as traditional department stores continue to face mounting challenges.
permalink / 3 stories from sources in 4 days ago #finance #trade #business #canada +
US GDP contracts in Q1 amid tariff tensions
Wednesday, April 30, 2025, 11:22 am more...
U.S. economic activity faltered unexpectedly in Q1 with a 0.3% annualized GDP decline, fueled by tariff-driven import pressures. The surprise contraction underscores mounting concerns over trade tensions and economic momentum as policymakers and market watchers scramble to interpret the fallout from ongoing tariff disputes.
permalink / 4 stories from sources in 5 days ago #economy #finance #trade #tariffs +