USD/CAD gains momentum above 1.3850 as Trump increases tariff on Canada to 35%
The USD/CAD pair is expected to strengthen around 1.3855 in the early Asian trading session on Friday. President Trump has increased tariff rates on Canadian goods from 25% to 35%, according to a statement from the White House. Attention will be focused on the US Non-Farm Payroll (NFP) report scheduled for later on Friday. The […]
Trump Warns of Trade Deal Issues With Canada Following Liberal Government’s Steps to Acknowledge a Palestinian State
Trump’s Trade Talks with Canada in Jeopardy Late Wednesday night, President Donald Trump suggested that trade discussions with Canada might come to a halt following Canada’s announcement to recognize the Palestinian state. In a press conference earlier that day, Canadian Prime Minister Mark Carney stated that Canada would support the recognition of Palestine at the […]
Canada reveals intentions to acknowledge ‘State of Palestine’ at September UN General Assembly: ‘No time to waste’
Canada to Recognize Palestine This September On Wednesday, Canadian Prime Minister Mark Carney announced that Canada will officially recognize Palestine in September, following similar moves made by France and the UK. This recognition will be made public at the upcoming UN General Assembly, signaling a shift in support toward Palestinian statehood. Carney emphasized Canada’s commitment […]
Cincinnati mayor taking a trip in Canada following viral beating event
Cincinnati Mayor Missing Following Viral Brawl Cincinnati Mayor Aftab Pureval has reportedly been absent for several days after a violent incident that went viral on social media left numerous individuals injured, prompting scrutiny about the local government’s leadership and priorities. For years, Pureval has taken family vacations in Vancouver, Canada. According to reports, he had […]
Trump states that reaching an agreement with Canada on supporting Palestinian statehood is challenging.
After recognizing Palestine as a nation, President Trump expressed concerns that trading with Canada before Friday’s deadline might be “very difficult.” On social media, Trump remarked, “Amazing! Canada has just announced that it supports the nation of Palestine,” shortly after Canadian Prime Minister Mark Carney declared Canada’s plans to recognize Palestine at the upcoming UN […]
Wife acts quickly to protect husband with bear spray during grizzly encounter in the wilds of Canada
A couple’s leisurely bike ride on Canadian trails turned alarming when they encountered two grizzly bears over the weekend. Local officials noted that the quick reactions of the woman likely saved their lives; she used bear spray to fend off the animals. The incident happened around 4:30 PM on Saturday, July 26, while they were […]
Canada intends to acknowledge Palestinian statehood in September, according to PM Carney.
Canada’s Upcoming Recognition of a Palestinian State Canada plans to recognize a Palestinian state during a UN meeting in September, as announced by Prime Minister Mark Carney on Wednesday. Carney emphasized that this decision aims to support the potential for a two-state solution and to prevent further negative developments in the region, including violence and […]
U.S. distillers aim for trade agreement with Canada by week’s end
Trade Talks Impacting US Distilled Spirits Industry Recent trade discussions have been highlighted by the distilled spirits sector, particularly as they relate to a new agreement with the European Union. There’s a belief that this might, just maybe, encourage President Trump to reinstate mutual tariffs on distilled spirits. Distilleries in Tennessee are optimistic that the […]
Canada fails to deport nearly 600 foreign criminals.
Concerns Over Foreign Criminals in Canada A recent report revealed that 599 foreigners with criminal backgrounds have gone “missing” from the Canadian Border Services Agency (CBSA). This raises significant concerns about the effectiveness of border enforcement. Experts highlighted that Canadian border officials have struggled for decades to manage individuals with criminal records who should be […]
Bank of Canada likely to maintain interest rate at 2.75% in July for the fourth straight meeting
FXStreet anticipates that the Bank of Canada will keep interest rates steady on July 30th. The Canadian dollar remains strong against the US dollar. This July meeting could mark the fourth consecutive decision to hold rates at 2.75%. US tariffs are a key topic for Governor Macclem during the press conference. The Bank of Canada […]