Trump vows to “take other countries' jobs” in economic speech
“Trump said he would offer special federal zones with ‘ultra low taxes and regulations’ to companies that relocate to the US, cut through regulation and appoint a ‘manufacturing ambassador’ to convince international companies to move to the United States.”
[BBC]
Massive port strike begins across America’s East Coast
“The strike, which began at midnight, will stop the flow of a wide variety of goods over the docks of almost all cargo ports from Maine to Texas. This includes bananas, European beer, wine and liquor, along with furniture, clothing, household goods and European autos, as well as parts needed to keep US factories operating and American workers in those plants on the job, among many other goods. It could also stop US exports now flowing through those ports, hurting sales for American companies.”
[CNN]
Canada aims to match U.S. on banning Chinese-made car software
“Prime Minister Justin Trudeau’s government has already announced a 100 per cent tariff on Chinese EVs, along with 25 per cent tariffs on aluminium and steel. Last month Freeland also launched a consultation on other Chinese goods that could get hit with steep duties, including battery parts and critical minerals.”
[South China Morning Post]
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