GFM Network News

A police officer gestures at the photographer outside Canada’s embassy in Beijing on Dec. 12, 2018. (Photo: Reuters/Thomas Peter)

China says hopes Canada understands consequences of siding with U.S.

Beijing | Reuters — China hopes Canada understands the consequences of siding with the United States and doing its bidding, China’s foreign ministry said on Friday, after U.S. Vice-President Mike Pence called for the release of two Canadians detained in China. Chinese authorities detained Canadian businessman Michael Spavor and former diplomat Michael Kovrig in December, […] Read more

Prime Minister Justin Trudeau meets with steel workers at Stelco in Hamilton on March 13, 2018. (File photo: Reuters/Mark Blinch)

U.S. boosts trade pact’s outlook lifting tariffs on Canadian, Mexican metals

Washington/Ottawa | Reuters — The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact. The separate agreements, which will not impose U.S. quotas on Canadian and Mexican metals […] Read more

(VBacarin/iStock/Getty Images)

U.S. grains: Soy drops as trade concerns rise

Chicago | Reuters — U.S. soybean futures fell 2.1 per cent on Monday, hitting their lowest since Nov. 8, as a lack of consensus at a meeting of Asia-Pacific leaders cooled hopes of Washington and Beijing resolving a trade dispute that has disrupted U.S. soybean exports to China. Wheat prices also fell sharply, shedding 1.7 […] Read more