Exporting & Importing
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U.S. industrial output fell 0.2% in July as factories struggle
Manufacturers’ struggles reflect a global softening in growth that has been magnified by President Donald Trump’s use of tariffs to escalate a trade war with China
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Canada warns about travel to Hong Kong, agrees with calls for peace
After 10 straight weeks of protests and violent clashes with police, and with the Chinese military amassing near the Hong Kong border, Canada issued a travel warning Wednesday morning
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U.S. retail sales up solidly in a sign of consumer optimism
Consumer spending, the primary driver of the U.S. economy, appears healthy even as other sectors of the economy, such as business investment, have weakened
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Walmart delivers, a lot, in second quarter
Walmart continues to hold enough sway to keep prices low even as its costs are rising and it’s pushing its online operations aggressively to counter Amazon.com
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China threatens retaliation if U.S. tariff hikes go ahead
President Trump says he plans to impose 10% duties on an additional US$300 billion of Chinese imports, extending penalties to almost everything the U.S. buys from China
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Funding awarded for maintenance of Canada’s fleet of combat vessels
The contract is expected to result in up to 400 jobs at the shipyard, plus hundreds more for marine sector suppliers and subcontractors
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Ford extends transmission warranty for 560K Fiestas, Focuses
Transmissions can lurch into gear or feel like they are slipping
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Report says why PMO wanted former Supreme Court judges to advise on SNC-Lavalin
The ethics commissioner unearthed details about the involvement of former Supreme Court justices and why the PMO insisted Wilson-Raybould get a second opinion about intervening in the SNC matter
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Trudeau breached Conflict of Interest Act, says ethics commissioner [UPDATED]
Mario Dion says the prime minister “directly and through his senior officials, used various means to exert influence over Ms. Wilson-Raybould”
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Prospect of U.S.-China trade deal creates access worries for Canadian farmers
Industry leaders are vigilant about what will happen to Canadian farm exports if the U.S. and China eventually strike a deal
