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NEW YORK: The rising tensions over global trade policy are prompting some top-performing international fund managers to look for the companies that can emerge as winners.
OTTAWA: Seventy percent of Canadians say they will start looking for ways to avoid buying U.S.-made goods in a threat to ratchet up a trade dispute between Prime Minister Justin Trudeau and U.S. President Donald Trump, an Ipsos Poll showed on Friday.
SYDNEY: The dollar jumped to a 3-week top on Tuesday while Asian shares started cautiously as investors were hopeful of a positive outcome from a highly anticipated U.S.-Korea summit, which could set the stage for ending a nuclear stand-off on the Korean peninsula
NEW YORK: All three major U.S. stock indexes closed slightly higher on Monday as investors eyed the looming United States-North Korea summit on Tuesday in Singapore while shrugging off the weekend's factious meeting of the Group of Seven nations.
TOKYO: Asian stocks moved gingerly on Monday as a weekend G7 summit fanned trade conflict fears after U.S. President Donald Trump backed out of a joint communique in a blow to the group's efforts to show a united front.
WASHINGTON: President Donald Trump is headed for a showdown with America’s allies at a Group of Seven (G-7) summit this week in Quebec, with the European Union and Canada threatening retaliatory measures unless he reverses course on new steel and aluminium levies.
WASHINGTON/PARIS: Canada and Mexico retaliated against the United State's decision on Thursday to impose tariffs on steel and aluminium imports and the European Union had its own reprisals ready to go, reigniting investor fears of a global trade war.
TORONTO: Justin Trudeau wants to build a Canadian economy that will thrive a decade or more from now – if that means losing a short-term edge to Donald Trump, so be it.
OTTAWA: Toyota Motor Corp is investing C$1.4bil (US$1.1bil) in its Canadian operations to build traditional and hybrid RAV4 sport utility vehicles, banking on the nation’s manufacturing sector amid a cloud of uncertainty from Nafta talks.
WASHINGTON: U.S. President Donald Trump has postponed the imposition of steel and aluminum tariffs on Canada, the European Union and Mexico until June 1, and has reached agreements for permanent exemptions for Argentina, Australia and Brazil, the White House said on Monday.