Manufacturing
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Trade dispute festers as Trump threatens 10% tariffs on China [UPDATED]
President Donald Trump announced Thursday the U.S. will apply a new tariff of 10% on about US$300 billion worth of products from China beginning Sept. 1
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U.S. trade deficit falls 0.3% in June
President Donald Trump escalated trade hostilities with an announcement that the U.S. will apply a new tariff of 10% on about US$300 billion worth of products from China beginning Sept. 1
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Statistics Canada reports $136m trade surplus in June, imports, exports down
Exports fell 5.1% to $50.3 billion, offsetting a strong gain in May amid a 3.6% drop in export prices. Imports were down 4.3% to $50.2 billion
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BRP CEO says U.S. tariffs remain a drag on its growing boat business
The maker of Ski-Doo snowmobiles and Sea-Doo watercraft wrapped its agreement Thursday to buy 80% of Telwater’s outstanding shares
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Spin Master accelerates shift from China to dodge tariffs, share up on results
The Toronto-based toy company says it was already shifting away from the country
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Maple Leaf Foods posts Q2 sales up 12.5%, fuelled by plant-based protein
The firm’s chief executive says its meat protein business delivered excellent profit growth even with difficult market conditions
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Fed chief struggles to manage a wild card: Trump trade wars
U.S. manufacturers suspended nearly half their investment projects valued above US$250 million because of uncertainty in U.S.-China trade relations
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Survey: U.S. manufacturing growth slows again in July
Trade fights with China, Europe and Mexico and a stronger dollar have hurt U.S. exports and put American manufacturers on edge
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Experts alarmed after deer meat from diseased herd allowed into food system
The Canadian Food Inspection Agency said that allowing the animals from the affected Quebec farm to enter the food system did not violate standards
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BMW profits drop on higher costs, spending for new tech
The auto industry as a whole faces twin challenges: staying profitable while sinking billions into new technologies, and new services unrelated to car ownership such as car-sharing and ride-hailing apps
