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The drop in U.S. travel underscores Canadians’ resentment toward their southern neighbor, who is their biggest trading partner and was once their favorite vacation destination. 

Shorting Maersk stock during a global trade war may seem like a sure bet. But investors who’ve loaded up on the trade since April have so far only been handed big losses.

The shift in fortunes began during President Donald Trump’s trade war with China in his first term, with the initial annual deficits recorded in 2019 and 2020.

The extension was announced Aug. 6 by the Ministry of Commerce. China is the world’s top buyer of the meat, which means its imports are tracked closely by the global market. 

Canadian Prime Minister Mark Carney said he wants to maximize the impacts of retaliatory tariffs on the U.S. but minimize the pain for Canadian businesses.

Prime Minister Mark Carney said his government is in trade talks with the Trump administration despite recent comments from Trump suggesting a deal with Canada wasn’t a priority.

President Donald Trump’s administration is preparing a new emergency declaration as a basis for tariffs on Brazil, people familiar with the matter say.

Indian Commerce Minister Piyush Goyal called U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer “very dear friends.”

India doesn’t expect to receive a tariff demand letter — unlike many other nations this week — and anticipates the trade arrangement will be announced through a statement.

The Treasury Department recorded $27 billion in customs-duties revenue for June, bringing fiscal year-to-date inflows from levies to $113 billion.