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Canada, US Explore Small Trade Agreements

Canada is facing tariffs on its steel, aluminum, auto and lumber exports, but minister Dominic LeBlanc didn't say whether quota limits in those sectors are part of the negotiations. 

September 4, 2025

Chinese Firms Fuel Europe’s New Warehouse Boom

The world’s two largest economies have yet to reach a trade deal, and manufacturers in China have been seeking alternative markets for their goods as they brace for higher U.S. tariffs.

September 4, 2025

Canada’s Exports Rise Despite Trump Tariffs

The country’s trade shortfall with the world was C$4.9 billion ($3.5 billion) in July, according to Statistics Canada data released Sept. 4.

September 4, 2025

Jobless Claims Rise to Highest Level Since June

Initial claims increased by 8,000 to 237,000 in the week ended Aug. 30. The median forecast in a Bloomberg survey of economists called for 230,000 applications.

September 4, 2025

Trade Gap Hits 4-Month High as Firms Rush to Beat Tariffs

The surge in imports was driven by industrial supplies, which rose to the highest level in four months amid a surge in inbound shipments of gold.

September 4, 2025

Trump Asks Supreme Court to Save Sweeping Import Tariffs

The appeal calls for putting the case on a highly expedited schedule with arguments in early November, according to filings reviewed by Bloomberg.

September 4, 2025

DOT Moves to Add Fentanyl Tests for Commercial Truck Drivers

If the rule is finalized, DOT would amend its federal drug-testing program regulation (49 CFR Part 40) to include both substances. Public comments on the proposal are due Oct. 17.

September 4, 2025

Canada’s Envoys Head to DC After Fruitful Trump Conversation

The Canadian prime minister said more meetings are taking place in Washington involving officials including Michael Sabia, Canada’s top civil servant.

September 3, 2025

Trump Threatens to Scrap Trade Deals if Tariffs Fall

“If we don’t win that case, our country is going to suffer so greatly,” Trump told reporters in the Oval Office. “These deals are all done; I guess we’d have to unwind them.”

September 3, 2025

OPEC Adds 400,000 Barrels Daily in August Supply Hike

The extra barrels have so far only put modest downward pressure on crude prices, but threaten to unleash a major surplus in the coming months, according to the International Energy Agency.

September 3, 2025