Supply Chain
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Russian firm sues Boeing over Max jet, says defects hidden
The lawsuit on behalf of Avia Capital Services is the first one filed against Boeing by a Max customer
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Japan’s move to lower South Korea trade status takes effect
Japanese manufacturers now must apply for approval for each technology-related contract for South Korean export
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Canadian exports to lobster loving China soar as U.S. sales plunge amid tariffs
Sales plunged in the U.S. markets after China placed heavy tariffs on U.S. lobsters. Meanwhile, Canada’s lobster business is booming
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Suncor asks NEB to close down Enbridge open season on Mainline crude pipeline
Enbridge announced the open season on Aug. 2 and will accept bids until Oct. 2 from shippers who wish to enter into contracts of from eight to 20 years
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Feds amend shipyard search following complaint about bias toward Quebec’s Davie
Public Service and Procurement Canada said it had “corrected” an “inconsistency” in the size of vessel that interested shipyards must be able to build
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Trudeau and Trump hold face-to-face meeting on sidelines of G7 summit
Trump on USMCA: “Our farmers love it. The unions love it. The workers love it. Manufacturers love it. Everybody likes it. I think most Democrats like it.”
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Heico gets government funding to support upgrades to steel plants in Quebec and Ontario
Heico Canada will diversify its product mix, while decreasing its greenhouse gas emissions
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Trump order on China will hurt us, small businesses say
Small business owners say the process of finding a new supplier would take months, with no guarantees
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As global economic picture dims, solutions seem out of reach
A realization has taken hold that Trump likely will keep deploying tariffs to try to beat concessions out of U.S. trading partners
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China announces tariff hike on $75B of U.S. products
The hike is in addition to import duties on U.S.-made autos and auto parts. Conflict over trade and technology could tip the global economy into recession
