Carney says Canada not pursuing free trade deal with China as Trump threatens 100% tariffs

Carney says Canada not pursuing free trade deal with China as Trump threatens 100% tariffs

Mark Carney, Canada’s prime minister, after speaking in Quebec City, Quebec, Canada, on Thursday, Jan. 22, 2026. Bloomberg | Bloomberg | Getty Images Canada has “no intention” of pursuing a free trade deal with China, Prime Minister Mark Carney said, after U.S. President Donald Trump threatened to slap punitive tariffs on Ottawa. Speaking to reporters…

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trade tensions, geopolitical risks in focus

trade tensions, geopolitical risks in focus

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 20, 2025. Brendan McDermid | Reuters The benchmark 10-year Treasury yield fell on Wednesday, as concerns around the “sell America” trade ignited in the previous session were eased following new comments from President Donald Trump. The yield…

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UPS stumbles into holiday season amid shifting trade rules | Trade War

UPS stumbles into holiday season amid shifting trade rules | Trade War

New York City, United States – Since the recent termination of the nearly decade-old trade rule called “de minimis,” United States consumers and businesses have been exposed to slower shipping, destroyed packages and steep tariff fees on international goods – foreshadowing what could make for a chaotic holiday shopping season. For major international carrier UPS,…

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