Canada
Why Canada hopes China will boost its auto manufacturing industry
Canada’s decision to reduce barriers for Chinese electric vehicles is one piece of a larger pivot away from a reliance on the United States. The Canadian government is aiming to develop joint ventures with Chinese and Korean firms and trying to revive its manufacturing base with tax breaks as it faces a strained relationship with […]
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CNBC Daily Open: Republicans vote to end Trump’s Canada tariffs in rare rebuke
U.S. President Donald Trump meets with Canada’s Prime Minister Mark Carney in the Oval Office at the White House in Washington, D.C., U.S., October 7, 2025. Evelyn Hockstein | Reuters In a rare display of disapproval against U.S. President Donald Trump, the Republican-led U.S. House on Wednesday passed a resolution rejecting his tariffs against Canada, […]
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Estée Lauder expects $100 million tariff hit to full-year profitability; stock sinks more than 20%
In this photo illustration the Estee Lauder Companies Inc. logo seen displayed on a smartphone with Estee Lauder Companies Inc. logo in the background. Thiago Prudencio | Lightrocket | Getty Images Estée Lauder said Thursday it’s expecting a $100 million hit to its full-year profitability because of tariff impacts. The beauty company’s stock tumbled more […]
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Is ‘America First’ starting to backfire as Washington’s allies go it alone?
Members of President Donald Trump’s cabinet, including Energy Secretary Chris Wright, Commerce Secretary Howard Lutnick, Chief of Staff Susie Wiles, Treasury Secretary Scott Bessent and Secretary of State Marco Rubio, listen to Trump address the World Economic Forum (WEF) in the Davos Congress Center on Jan. 21, 2026 in Davos, Switzerland. Chip Somodevilla | Getty […]
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CNBC Daily Open: Starmer’s high stakes visit to China takes center stage
U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office at the White House on February 13, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images All eyes are on U.K. Prime Minister Keir Starmer as he begins a high-stakes, three-day trip to China, the first […]
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CNBC Daily Open: The EU-India trade deal story is not over yet
U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office at the White House on February 13, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images On Tuesday, India and the European Union announced a “landmark” free trade deal that would remove or reduce tariffs on […]
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The ‘middle powers’ are having a moment, but can they stand up to Trump?
(1st row from L to R): Australia’s Prime Minister Anthony Albanese, Brazil’s President Luiz Inacio Lula da Silva, South Africa’s President Cyril Ramaphosa, President of Angola and Chairperson of the African Union Joao Lourenco and Canada’s Prime Minister Mark Carney react as they attend a family photo event during a G20 Leaders’ Summit plenary session […]
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