Economy
'Defiant' Canada autoworkers vow to fight tariff layoffs
Jeff Gray, a union leader for Canadians working for GM, has a message for companies considering moving auto jobs to the United States in response to President Donald Trump's tariffs. Gray said his great-grandfather was a founding member of the union in 1937, and multiple relatives have worked for GM since, a story common across Oshawa.
Trump auto tariffs strike at heart of North American trade
US President Donald Trump's tariffs on imported cars strike at the heart of a North American free trade agreement, threatening to disrupt supply chains and raise prices, experts say. - More expensive cars - Analysts and US trading partners warn that the tariffs will raise prices for American consumers.
Vance says Denmark has 'under invested' in Greenland
US Vice President JD Vance accused Denmark on Friday of not having done enough to protect Greenland, when he visited the strategically placed, resource-rich Danish territory coveted by US President Donald Trump.
"An embarrassment": TTP exposes cartel fighting against e-call-up system at Lagos ports
The electronic call-up system allows the trucks wait until they are summoned into the ports to pick up their cargoes. This is to prevent congestion and traffic.
Trump, Canada PM ease tensions with 'productive' call
US President Donald Trump said he had an "extremely productive" first call Friday with Canada's new Prime Minister Mark Carney, after soaring tensions over tariffs and Trump's repeated calls to annex his northern neighbor. His post on Friday was notable for its diplomacy, as Trump gave Carney his official title of prime minister and made no reference to his annexation drive.
US 'in arrears' at the WTO
The United States has not paid its 2024 dues to the World Trade Organization and is therefore now deemed to be in "arrears", the WTO's spokesman said Friday. Washington has also not yet paid its dues for 2025, though contributions from the WTO's 166 members often do not come in until mid-year.
US Fed's preferred inflation gauge shows some cause for concern
The US Federal Reserve's preferred inflation measure was largely unchanged last month, according to government data published Friday, but a widely scrutinized gauge of underlying price pressures rose. Personal income increased by 0.8 percent last month, according to the Commerce Department data published Friday.
Cuba resurrects dollar-only stores, a symbol of inequality
In communist Cuba, some customers are more equal than others, as a 40-year-old math teacher who was out shopping recently in Havana with his son discovered. But "we had barely put a foot inside when they told me it (payment) was in dollars," Michael, the teacher, who declined to give his surname, told AFP. "Let's go, this isn't for us," he told his son, making a beeline for the door.
Germany says 'nothing off table' in US tariff row
Germany said Friday it hopes the EU and United States can negotiate an agreement on US auto tariffs but the bloc was ready to retaliate, warning: "Nothing is off the table." "At the moment (the EU) still hopes and aims to reach an agreement in talks with the United States that can possibly avert a trade war," he said in Berlin.
Economy
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