Carney says he and Trump have agreed to ‘intensify’ trade negotiations
Relations between Canada and its largest trading partner have been tested by Trump’s repeated jibes, threats and tariffs
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China expands anti-sanctions toolkit, raising risks for foreign firms
Beijing is rolling out measures to expand its ability to hit back at US and EU sanctions and export controls.
US trade deficit surges amid artificial intelligence spending boom
Imbalance soars to $77.6bn in May as imports outpaced exports, driven by pharmaceuticals and semiconductors.
EXPLAINER
Why has Trump refused to renew the USMCA, and what will that mean?
Trade ambassador says US will not approve trilateral agreement with Canada and Mexico ‘in its current form’.
Cuba’s foreign minister observes ‘no progress’ in US negotiations
A top Cuban official has accused the US of issuing ‘constant threats’ and attempting to scuttle a UN debate.
EDITOR'S ANALYSIS
If USMCA is not renewed, analysts expect uncertainty for businesses
US President Donald Trump has warned he would ‘rather not have’ the free trade agreement ahead of its July 1 review.
China adds 10 US firms, including rare-earth miner, to export control list
Export ban follows move by Pentagon to blacklist major Chinese companies such as Alibaba and Baidu.
Iran’s supreme leader says approved US deal despite having ‘different’ view
Iran says it has suspended Strait of Hormuz transit charges for commercial vessels for 60 days.
ANALYSIS
How Trump is relaunching a tariff war citing ‘forced labour’ concerns
Trade analysts predict Trump’s latest push could accelerate the ‘reorientation’ of global trade away from the US.
China arrests US researcher it says is suspected of ‘spying’
Beijing’s Foreign Ministry confirms US reports about detention of scholar focusing on politics of neighbouring Myanmar.
UN human rights leader calls for Cuba sanctions to be ‘lifted immediately’
Volker Turk, the UN’s high commissioner for human rights, warns that ‘children are dying’ as result of US oil blockade.
