U.S. President Donald Trump delivers remarks during a Business Roundtable event in Washington, D.C., U.S., March 11, 2025. Kevin Lamarque | Reuters CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors and key decision-makers will discuss what it means to innovate…
HOUSTON — The U.S. could reach an agreement with Canada that avoids tariffs on imports of oil, gas and other energy resources, Energy Secretary Chris Wright said Monday. Wright said such a scenario is “certainly is possible” but “it’s too early to say” in response to a question from CNBC during a press conference at…
BBC Mark Carney is due to be sworn in as Canada’s next prime minister in the coming days, having won the race to succeed Justin Trudeau. It means he will lead the governing Liberal Party of Canada in the next election – which is expected to be called soon. Several political leaders had called for…
BBC Mark Carney is due to be sworn in as Canada’s next prime minister in the coming days, having won the race to succeed Justin Trudeau. It means he will lead the governing Liberal Party of Canada in the next election – which is expected to be called soon. Several political leaders had called for…
Watch: ‘It’s frustrating’ – How Trump’s tariffs are being received in Canada Canadian provinces pulling US alcohol off store shelves in response to Trump trade policy is “worse than tariffs”, the boss of Jack Daniel’s maker Brown-Forman has said. Several Canadian provinces, including Ontario, which is by far the most populated, took action this week…
Getty Images US President Donald Trump said he would temporarily spare carmakers from a new 25% import tax imposed on Canada and Mexico, just a day after the tariffs came into effect. The announcement by the White House came even as Trump continued to blast Canada for not doing enough to stop drugs from entering…
Peter Hoskins Business reporter, BBC News EPA-EFE/REX/Shutterstock US Commerce Secretary Howard Lutnick (R) US Commerce Secretary Howard Lutnick has said President Donald Trump will “probably” announce a deal to reduce tariffs on Canada and Mexico on Wednesday. “Both the Canadians and Mexicans were on the phone with me all day today trying to show that…
Getty Images Mélanie Joly, Canada’s foreign minister, stands beside Prime Minister Justin Trudeau during a news conference denouncing Trump’s new tariffs Canada’s Foreign Minister Mélanie Joly has told the BBC she takes US President Donald Trump’s remarks on making Canada the 51st state of his country “very seriously”. “This is not a joke anymore,” Joly…
President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said Tuesday. The potential agreements would likely involve scaling back at least part of Trump’s brand new 25% tariffs on imports from Mexico and Canada, he added. Lutnick’s comments came minutes after the U.S. stock market limped…
US tariffs against Canada and Mexico are set to come into effect on Tuesday but their level will be decided by Donald Trump, the US commerce secretary has said. The US president has threatened to impose 25% tariffs, which are a tax on imports, on his two neighbours on 4 March, in response to what…
