By Jeff Mason, Doina Chiacu and Andrea Shalal WASHINGTON, Feb 27 (Reuters) – U.S. President Donald Trump on Thursday said his proposed 25% tariffs on Mexican and Canadian goods will take effect March 4 along with an extra 10% duty on Chinese imports because deadly drugs are still pouring into the U.S. from those countries. Trump told reporters in the Oval…
By David Lawder, Andrea Shalal WASHINGTON, Feb 26 (Reuters) – U.S. President Donald Trump on Wednesday raised hopes for another pause on steep new tariffs on imports from Mexico and Canada by saying they would take effect on April 2, about a month later than a deadline next week. A White House official, however, said the March 4 deadline for the tariffs on Mexican and…
Congestion at Canada’s west coast gateway of Vancouver is set to worsen in the coming weeks due to combination of restricted access to inland rail inks and deteriorating liner schedule reliability as the alliance reshuffle continues. German carrier Hapag-Lloyd told customers yesterday: “Both CPKC Rail and CN Rail have implemented tiered operating restrictions in response…
An MSC containership ran aground in Canada on Saturday, after a loss of power in bad weather. MSC Baltic III issued a ‘mayday’ call after experiencing a power failure some 12 nautical miles from the Bay of Islands in Newfoundland. Due to the adverse weather and rough sea conditions, the vessel was unable to anchor and…
Donald Trump’s use of tariffs for leverage and ‘deal-making’ was proven yesterday when those to be imposed on Canada and Mexico today were postponed following security pledges from the US’s two neighbours. China, however, retaliated with a broad package of its own measures after 10% was added to tariffs on Chinese imports. The $800 de minimis exemption…
