Canadian PM Mark Carney expected to meet President Donald Trump at FIFA World Cup draw amid stalled trade talks and ongoing tariff tensions affecting Canada's GDP.
Canada's economy returned to growth in the third quarter of 2025, with real gross domestic product up 0.6% compared to new data released by Statistics Canada on Friday. The increase follows a 0.5% decline in the previous quarter and reflects a rebound driven primarily by trade and higher government capital spending.
Mexico's President Claudia Sheinbaum has sweet-talked U.S. President Donald Trump while Canadian Prime Minister Mark Carney has used tougher talk. Both markets have outperformed.
A Carney spokeswoman said the prime minister could attend the 2026 World Cup draw at the Kennedy Center in Washington on Dec. 5, as the U.S., Mexico and Canada are co-hosts of next year's tournament.
The central bank signaled it has emptied its toolbox to help an economy hurting from the trade row with the U.S.
Donald Trump has announced he will be raising tariffs on imports of Canadian goods by an extra 10% because of an anti-tariff advert aired in Ontario.
Trump slaps Canada with additional 10% tariff over a disputed Reagan ad that aired during World Series, calling it a "fraudulent misrepresentation" of the former president.
US President Donald Trump announced late on Thursday that he is terminating all trade negotiations with Canada, citing an anti-tariff advertisement produced by Ontario's provincial government that used audio from former President Ronald Reagan. The ad, part of a $75 million campaign by Ontario Premier Doug Ford's administration, features a 1987 radio address in which Reagan warned about the dangers of tariffs and trade wars.
Squawk Box Europe's Steve Sedgwick and Julianna Tatelbaum discuss President Trump's move to immediately terminate all U.S. trade negotiations with Canada, after the Ontario provincial government aired an ad featuring former President Ronald Reagan talking negatively about tariffs.
U.S. President Trump ceases all trade talks with Canada following an advertising campaign using former U.S. president Ronald Reagan to critique the current administration's tariff policy. In Brussels, EU leaders fail to agree on the use of frozen Russian assets to bolster Ukraine's war effort but European Commission President Ursula Von Der Leyen says the bloc will continue to increase pressure on Moscow.
Donald Trump has announced that he is ending "all trade negotiations" with Canada.
U.S. President Donald Trump said late Thursday that he was ending “all trade negotiations” with Canada — citing a Canadian advertising campaign targeting the White House's tariffs that featured former President Ronald Reagan speaking critically of import duties.