Middle East, Trump and Canada
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The cabinet official leading Canada's negotiations with the Trump administration says talks on removing tariffs aren't going fast enough, pouring cold water on the hope a deal will be announced at this week's G7 summit.
The Group of Seven leaders are set to meet in Canada to discuss trade, the war in Ukraine and unrest in the Middle East.
Sales of vehicles made in Canada plunged by nearly 23 percent in April after President Trump imposed a 25 percent auto tariff.
Canadian exports plunged by the most in nearly 17 years outside of the pandemic, widening the country’s merchandise trade deficit to the largest on record.
The Canadian prime minister said officials in Ottawa and Washington are in intense talks on a new economic-and-security pact, but there is no deal yet.
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Canadian manufacturing faced a significant downturn in April 2025, with sales plummeting 2.8% due to U.S. tariffs, particularly impacting steel, aluminum, and auto industries. This decline resulted in a record trade deficit and a contraction in factory orders,
President Trump told reporters this week that he would send letters to trading partners in the next week or two setting unilateral tariff rates. “At a certain point, we’re just going to send letters out.
TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba heads to Canada on Sunday for trade talks with U.S. President Donald Trump, hoping to persuade him to drop trade tariffs that have imperilled Japan's auto companies and threaten to undermine his fragile government.