Podcasts about usmca

Hosts: Lalo Solorzano & Andy Shiles Guests: Marcus Eeman (Director, Customs Systems & Process, Flexport) & Alex Nederlof (Sr. Director, Trade & Financial Services, Flexport) Published: September 18, 2025 Length: ~39 minutes Presented by: Global Training Center

Details on Japan Agreement, additions to steel/aluminum and auto parts, comments on 301 exclusions; on USMCA review and NTE review. Listen for more on Two Minutes In Trade. 

Send us a textPete Hoekstra, the United States Ambassador to Canada, joined our Closer Look podcast last week for a wide-ranging discussion about trade, Charlie Kirk, Donald Trump's musings about a 51st state, and a whole lot more. In case you missed it, the full interview is HERE.Hoekstra defended the Trump Administration's global tariff push, saying it's a necessary step after some “not-so-bright decisions” that have contributed to America's ever-growing deficit.“It would have been negligent on the part of American leadership to not address the problems that we faced,” Hoekstra said on the podcast. “We had a long-term issue in terms of ensuring prosperity for the American people, a long-term issue with security and safety. And if the Canadians want to be mad about us addressing the internal issues that we had, they can do that.”Despite the negative impact of Trump's new tariffs, Hoekstra was adamant that Canada still has the “best trade deal of any country in the world right now with the United States of America.”“Everybody wants to blame everything on the tariffs,” he said. “The effective tariff rate of Canadian goods going into the U.S. — again, as outlined by your government, not the U.S. claiming something — is around 5.5 per cent. That's not a huge number. We had to do the stuff on steel, aluminum, copper and some of these types of things because the President wants our country to be secure, and we need the capability to produce those kinds of products in the United States.”Hoekstra was asked about Canadian travellers who are choosing not to visit the U.S.“I sometimes have a little bit of a hard time understanding this,” he said. “You have the best trade relationship of anybody in the world — the best trade tariff rate of anybody in the world — and in the coming days we're going to see that the process is going to evolve to reviewing the USMCA. Banning American alcohol? Does that help? ‘You know, we're not going to America.' Does that help? Hey, those are decisions for Canadians on an individual basis to make. We're doing everything we can to strengthen this relationship, to grow this relationship.”The full interview is HERE.Hosted by Village Media's Michael Friscolanti and Scott Sexsmith, and produced by Derek Turner, Closer Look is a new daily podcast that goes way beyond the headlines with insightful, in-depth conversations featuring our reporters and editors, leading experts, key stakeholders and big newsmakers.Fresh episodes drop every Monday to Friday at 7 p.m. right in your local news feed — and on the show's dedicated website: closerlookpodcast.ca. Of course, you can also find us wherever you get your favourite podcasts.Want to be the first to know when a new episode lands? Sign up for our free nightly newsletter, which delivers the latest Closer Look straight to your email inbox. You can also subscribe to our YouTube channel or follow us on X, Instagram,

In this episode, immigration attorney Lin Walker explains the latest USCIS guidance on TN visas under the USMCA agreement.These changes impact professionals seeking to work in the United States. Lin explores what it means for cross-border employment.In this episode we break down the new guidelines, offering practical advice for navigating the updated visa process.For more details on the USCIS Policy Manual click this link https://www.uscis.gov/policy-manual/volume-2-part-p

Host Philip Berman talks to Kim Glas, President and CEO of the National Council of Textile Organizations, about the impact of Trump's tariffs on US textile manufacturing.  Kim discusses the challenges posed by tariff unpredictability, including the effects on investment and supply chains, and the winners and losers in the industry.  She highlights issues in machinery sourcing, the effect of high tariff rates on synthetics, and the role of major trade agreements like USMCA and CAFTA. Kim also addresses reshoring opportunities, and the strategic need for policy certainty to strengthen domestic production.      

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 How Much Does This Suck?1:20 Fertilizer Prices and Tariffs6:23 US/China Meeting10:04 Export Sales12:18 Declining River Levels15:09 Drought and Yield Potential

Several recent economic reports say that, in the first six months of this year, Canada's economy did better than expected, posting around 2% growth, despite Trump's tariff threats.

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 More Farm Aid?5:05 More China Soybean News9:14 Vietnam Ethanol10:58 Mexico/China11:53 S&P Record High

BMO's transportation unit is a bellwether for credit and lending conditions in trucking. The bank's loan book dipped to $13.67 billion in Q3, the lowest since early 2023, and while write-offs are down, provisions for potential credit losses and gross impaired loans remain significantly higher than pre-downturn levels. Canada Post has significant labor issues, which led to its largest-ever pre-tax loss of US$294 million in Q2 2024 due to a 36.7% plummet in parcel revenue. This decline was largely driven by uncertainty from a prolonged labor dispute, pushing shippers to private carriers and highlighting the high cost of instability. On the innovation front, we cover the expanded integration between Motive and Fleetio in fleet management technology. This partnership centralizes fuel, maintenance, and telematics data for fleet operators, automating workflows and providing crucial visibility into costs that can comprise up to 75% of operating budgets. Freight rates have taken a considerable dive, with Asia-to-U.S. spot rates falling 60-70% since a July frontloading surge. This is attributed to increased vessel capacity, limitations within U.S. Customs' IT systems, and carriers actively shifting vessels to avoid new punitive port fees on Chinese-linked ships. Cross-border trade policy is changing, specifically the surging use of USMCA claims among Canadian and Mexican imports into the U.S.. This increase is prompted by new 50% tariffs on numerous products containing steel, aluminum, or copper, making compliance vital for managing costs despite administrative burdens and documentation requirements. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. businesses are increasingly claiming USMCA exemptions as rising tariffs on steel, aluminum, and other goods push import costs higher. This has led to a sharp increase in USMCA compliance for goods from Canada, reaching 81% in June, and from Mexico, now at 77%. Massachusetts state troopers sentenced after involvement in a CDL fraud scheme. Calvin Butner received three months in jail and Perry Mendes one month, both for falsifying CDL test scores and giving passing grades to unqualified applicants. Three other individuals involved in the scheme are still awaiting their sentencing. Canada Post has also made headlines, reporting its largest-ever pre-tax loss of US$294 million in the second quarter due to a significant drop in parcel volumes. This decline, which has been steady since December, resulted from a prolonged contract dispute with mail carriers that pushed shippers to private carriers. Overall revenue for Canada Post was down 7.3%, with a 36.7% decrease in parcel revenue. Finally, be sure to tune into FreightWaves TV for WHAT THE TRUCK?!? today at noon, or catch a replay this evening on SiriusXM channel 146. You can also get tickets for upcoming events like the Crossborder Fleet Summit and the Future of Freight Festival in Chattanooga, Tennessee. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. businesses are increasingly claiming USMCA exemptions as rising tariffs on steel, aluminum, and other goods push import costs higher. This has led to a sharp increase in USMCA compliance for goods from Canada, reaching 81% in June, and from Mexico, now at 77%. Massachusetts state troopers sentenced after involvement in a CDL fraud scheme. Calvin Butner received three months in jail and Perry Mendes one month, both for falsifying CDL test scores and giving passing grades to unqualified applicants. Three other individuals involved in the scheme are still awaiting their sentencing. Canada Post has also made headlines, reporting its largest-ever pre-tax loss of US$294 million in the second quarter due to a significant drop in parcel volumes. This decline, which has been steady since December, resulted from a prolonged contract dispute with mail carriers that pushed shippers to private carriers. Overall revenue for Canada Post was down 7.3%, with a 36.7% decrease in parcel revenue. Finally, be sure to tune into FreightWaves TV for WHAT THE TRUCK?!? today at noon, or catch a replay this evening on SiriusXM channel 146. You can also get tickets for upcoming events like the Crossborder Fleet Summit and the Future of Freight Festival in Chattanooga, Tennessee. Learn more about your ad choices. Visit megaphone.fm/adchoices

BMO's transportation unit is a bellwether for credit and lending conditions in trucking. The bank's loan book dipped to $13.67 billion in Q3, the lowest since early 2023, and while write-offs are down, provisions for potential credit losses and gross impaired loans remain significantly higher than pre-downturn levels. Canada Post has significant labor issues, which led to its largest-ever pre-tax loss of US$294 million in Q2 2024 due to a 36.7% plummet in parcel revenue. This decline was largely driven by uncertainty from a prolonged labor dispute, pushing shippers to private carriers and highlighting the high cost of instability. On the innovation front, we cover the expanded integration between Motive and Fleetio in fleet management technology. This partnership centralizes fuel, maintenance, and telematics data for fleet operators, automating workflows and providing crucial visibility into costs that can comprise up to 75% of operating budgets. Freight rates have taken a considerable dive, with Asia-to-U.S. spot rates falling 60-70% since a July frontloading surge. This is attributed to increased vessel capacity, limitations within U.S. Customs' IT systems, and carriers actively shifting vessels to avoid new punitive port fees on Chinese-linked ships. Cross-border trade policy is changing, specifically the surging use of USMCA claims among Canadian and Mexican imports into the U.S.. This increase is prompted by new 50% tariffs on numerous products containing steel, aluminum, or copper, making compliance vital for managing costs despite administrative burdens and documentation requirements. Learn more about your ad choices. Visit megaphone.fm/adchoices

Automotive in Flux This week on the Simply Trade Roundup, host Annik Sobing is joined by licensed customs broker and Master Customs Specialist Filipp Zaborenko to tackle the fast-changing world of automotive trade compliance. From shifting tariffs and forced labor enforcement to steel and aluminum duties and the evolving EV market, the conversation dives into how automakers and compliance professionals can keep pace with uncertainty while planning for the future. What You'll Learn in This Episode: Tariff Shifts – The new EU–US trade deal and what a 15% duty means for automakers Forced Labor Rules – Why due diligence never went away — and why enforcement is heating up Cost Planning Uncertainty – How long-term auto production faces tariff unpredictability Classification Challenges – Why misclassifying parts could cost millions under new rules EVs Under the Microscope – The love-hate relationship with electric vehicles and new classification hurdles Compliance Strategy – Staying proactive when trade feels more like reaction mode Key Takeaways: Tariff changes reshape auto supply chains but leave long-term planning murky. Forced labor enforcement remains a top priority for global automakers. Steel and aluminum tariffs add complexity to tariff classification and cost modeling. Correct classification directly impacts USMCA eligibility and tariff exposure. Compliance pros must embrace both vigilance and technology — including AI tools — to stay ahead. Resources & Mentions: Filipp Zaborenko's upcoming Automotive Classification Advanced Mini-Course (Sept 16–18) via Global Training Center Recent EU–US automotive tariff updates UFLPA and forced labor due diligence requirements CBP guidance on steel and aluminum tariffs Credits Host: Annik Sobing https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ Producer: Lalo Solorzano https://www.linkedin.com/in/lalosolorzano/ Guest: Filipp Zaborenko Subscribe & Follow: New Roundup episodes every Monday. Presented by: Global Training Center — providing education, consulting, workshops, and compliance resources for trade professionals. Connect with us on LinkedIn, LinkedIn (GTC), YouTube, Spotify, or Apple Podcasts,join the Trade Geeks community, or email us at simplytrade@globaltrainingcenter.com. Don't forget to rate, review, and share with your fellow trade geeks! Want to Be on the Show or Have Topic Suggestions? Reach us at SimplyTrade@GlobalTrainingCenter.com or DM us on Twitter/X @SimplyTradePod

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureGermany's economy has taken a downturn, the people will soon learn that the green new scam has destroyed their country.Canada folds on tariffs, Trump holds all the cards. The Fed is trapped, Trump will fire Lisa Cook and have leverage, if the Fed lower rates Trump will be right, if the keep rates steady Trump is right they are destroying the economy. The [DS] projected their crimes on Trump, they set the precedents and now Trump is using everything they did to him and the people around him against them. Bolton raid is just the beginning. Nunes explains that the heads of each agency is working around the [DS] operators. These operators are trying to inject manipulated intelligence to throw Trump in a different direction. This is not work, big fail.   Economy Germany's Sharp Economic Downturn Sparks Urgent Calls for Regulatory Reform   Germany's economy is facing significant challenges, with bankruptcy filings reaching a 10-year high in July. District courts recorded 4,007 bankruptcies, marking a 19.2 percent increase from the previous year, according to the Federal Statistical Office. Unemployment has also risen sharply, approaching levels not seen in a decade. The number of unemployed stands at 2.98 million, up 170,000 from last year, with 125,000 layoffs announced since July 1, as reported by the Initiative Neue Soziale Marktwirtschaft. Source: thegatewaypundit.com European Postal Services Suspend Shipment of Packages to US over Tariffs  Multiple postal services around Europe announced Saturday that they are suspending the shipment of many packages to the United States amid a lack of clarity over new import duties. Postal services in Germany, Denmark, Sweden and Italy said they will stop shipping most merchandise to the U.S. effective immediately. France and Austria will follow Monday, and the United Kingdom Tuesday. Under a decree signed by President Donald Trump last month, international goods that were previously exempt from U.S. tariffs – those valued under $800 – will be subject to import duties from Aug. 29. Letters, books, gifts and small parcels worth less than $100 will continue to be exempt. A trade framework agreed by the U.S. and the European Union last month set a 15% tariff on the vast majority of products shipped from the EU. Many European postal services say they are pausing deliveries now because they cannot guarantee the goods will enter the U.S. before Aug. 29. They cite ambiguity about what kind of goods are covered by the new rules, and the lack of time to process their implications. Shipping by services such as DHL Express remains possible, it added   Source: breitbart.com https://twitter.com/RebelNewsOnline/status/1958928243794616770     Complete and utter capitulation by Canada. No digital services taxes. No countervailing duty tariffs. No reciprocity tariffs on Steel and Aluminum. No retaliatory tariffs (reciprocal/baseline). Meanwhile, the USA keeps 50% tariffs on steel and aluminum against Canada, and Canada only gets 25% tariffs against U.S. steel/aluminum.   Canada has pledged to continue gaslighting their citizens, while wasting time, effort and resources on a hope to retain the USMCA, while refusing to admit to themselves that President Trump intends to dissolve it. WATCH: (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.

Wall St rose sharply overnight, boosted by a dovish shift from Powell at Jackson Hole. S&P 500 up 1.52%. Erasing its weekly loss to finish up 0.27%. Nasdaq best. Up 1.88% but still finished down 0.58% for the week. Dow up 846 points to a fresh record high. The best performer this week up 686 points or 1.53%. Small Caps, the most sensitive to rate cuts spiked 3.86%. Having shown no inclination to cut rates until the recent soft jobs data, Powell opened the door overnight, saying "The stability of the unemployment rate and other labour market measures allows us to proceed carefully as we consider changes to our policy stance. Nonetheless, with policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance." Going on to say the inflation impact from tariffs may be short lived. Odds of September rate cut rose as did the odds for three cuts this year. Bond yields dropped, equities and gold rose. USD surprisingly only down a touch. Adding to positive sentiment – Canada announced it will remove any retaliatory tariffs on the US that were compliant with the USMCA free trade agreement. Carney softening his previous tough stance on trade policy.SPI up 84 - Results drop - ANN - PLS - REH - NHF - BENWant to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

Each week Hot off the Wire looks at a variety of stories in business, science, health and more. This week's headlines include: Las Vegas tourism is down. Some blame Trump's tariffs and immigration crackdown. NFL will emphasize sportsmanship and crack down on violent and sexually suggestive gestures. How to watch the 2025 US Open on TV, betting odds, the schedule, seedings and more to know. Here's what to know about summer colds and the COVID-19 variant called stratus. Black Cowboy joy is spread by 'Boots on the Ground' viral line dance. Illegal immigration hit a record-high of 14 million in the US in 2023, Pew report finds. Powell signals Fed may cut rates soon even as inflation risks remain. National Guard troops on DC streets for Trump's crackdown will start carrying guns. Canada will match US tariff exemptions under USMCA trade pact, Prime Minister Carney says. FBI searches home and office of ex-Trump national security adviser John Bolton. Iran confers with European nations on its nuclear program as sanctions deadline nears. Large Interpol cybercrime crackdown in Africa leads to the arrest of over 1,200 suspects. Alaska man gifted $22,000 motorcycle by Russian government after viral interview. A flight delay, a jazz band and a viral moment: How Dave Koz and fellow musicians lifted spirits. A massive mountain park in Vermont celebrates the bond between dogs and their humans. Cambridge Dictionary adds 'skibidi' and 'tradwife' among 6,000 new words. Library book returned after 82 years. Note says, 'Grandma won't be able to pay for it anymore'. Campaigners want to change the world map to show Africa is bigger. How to protect yourself from Vibrio vulnificus, the bacteria found in some coastal waters. Paris residents fight overtourism and ‘Disneyfication' of beloved Montmartre neighborhood. A record 383 aid workers were killed in global hotspots in 2024, nearly half in Gaza, UN says. Heat and thirst drive families in Gaza to drink water that makes them sick. On this week's AP Religion Roundup, Conservative Christian leader James Dobson has died, and Pope Leo expresses his own style. —The Associated Press About this program Host Terry Lipshetz is managing editor of the national newsroom for Lee Enterprises. Besides producing the daily Hot off the Wire news podcast, Terry conducts periodic interviews for this Behind the Headlines program, co-hosts the Streamed & Screened movies and television program and is the former producer of Across the Sky, a podcast dedicated to weather and climate. Theme music The News Tonight, used under license from Soundstripe. YouTube clearance: ZR2MOTROGI4XAHRX

Canada's decision to drop most retaliatory tariffs on the U.S. may signal a new tack in trade negotiations, according to Marc Gilbert. Gilbert says the move shows the strength of USMCA and could be a template for other countries in their own trade talks with the U.S. He believes China is still the big prize, and while a deal may take time, it will likely end up in a better place than initially thought.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

AP's Lisa Dwyer reports that Canada will match US exemptions on certain tariffs.

- Oil to Drop Under $50/Barrel - Auto Components Hit with More Trump Tariffs - USMCA Compliance Soars for Auto Components  - California Considers Paying $7,500 EV Credit - Chinese Buick Electra L7 Bristles with Tech - Opel Concept Is Cool Hot Hatch - VinFast Kills Direct Sales, Goes Dealer Route  - China Media Disses 3-Row Model Y - Amazon Now Selling Used Cars

- Oil to Drop Under $50/Barrel - Auto Components Hit with More Trump Tariffs - USMCA Compliance Soars for Auto Components  - California Considers Paying $7,500 EV Credit - Chinese Buick Electra L7 Bristles with Tech - Opel Concept Is Cool Hot Hatch - VinFast Kills Direct Sales, Goes Dealer Route  - China Media Disses 3-Row Model Y - Amazon Now Selling Used Cars

Michael Schadler, President of the Washington Apple Commission, says there is plenty of market uncertainty out there right now, but no reason to panic.

Michael Schadler, President of the Washington Apple Commission, says there is plenty of market uncertainty out there right now, but no reason to panic.

In an age of Amazon, Starbucks and Google it may seem impossible for workers to win a union. This week on the Heartland Labor Forum, we'll talk with Olivia Geho, […] The post What the Boss Doesn’t You To Know. . .and NAFTA-USMCA Renegotiation: Where Is Trade Justice? appeared first on KKFI.

In an age of Amazon, Starbucks and Google it may seem impossible for workers to win a union. This week on the Heartland Labor Forum, we'll talk with Olivia Geho, […] The post What the Boss Doesn't You To Know. . .and NAFTA-USMCA Renegotiation: Where Is Trade Justice? appeared first on KKFI.

Transport Topics is the news leader in trucking and freight transportation.Today's briefing covers the English-language mandate for commercial truck drivers, product and financial news for Cummins, and clarity on the USMCA trade agreement. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this episode, Mariana speaks with Juan Carlos Baker, former USMCA negotiator and Director General for North America at the Ministry of the Economy, about the impact tariffs have had on Mexico and how they have served President's Trump goal of curbing the flow of fentanyl into the U.S. They also discuss why 83% of Mexican exports are currently being exempted from tariffs, the consequences of the U.S. signing agreements with Japan, Europe, South Korea before its largest trading partner, and the unintended (or intended) consequences for North American automobile manufacturers who are still subject to 25% tariffs. They also offer a factual description behind Chinese exports and investments in Mexico and on how Mexico has been in breach of USMCA.  

Shoot us a Text.Episode #1110: Today we cover Trump's sweeping auto tariffs, Tesla's not‑so‑autonomous “Robotaxi” rollout, and the rise of agentic checkout in online retail.Show Notes with links:President Trump's country-by-country auto tariff deadline has arrived, setting off a new round of trade negotiations and recalibrations for global automakers.Canadian tariffs rise to 35%, though most USMCA-compliant vehicles dodge the hike.Mexico earns a 90-day delay on new tariffs, holding at 25% on non-U.S. content.Japan and South Korea cut tariffs to 15% with total pledges of $900B to U.S. industryJapan is also willing to take American imports based on U.S. standards, meaning American OEMs don't need to make a different car.“You can take the car you make in Detroit, put it on a boat and send it,” said U.S. Commerce Secretary Howard Lutnick.Tesla's long-hyped “Robotaxi” expansion into the Bay Area looks more like a rebranded Uber than a self-driving revolution. The cars run under Tesla's app but still rely on humans behind the wheel.Each car has a “safety monitor” in the driver's seat, making it equivalent to an Uber driver using Tesla's supervised Full Self‑Driving system.The California DMV and Public Utilities Commission expressed concern after hearing Tesla employees discuss an imminent Robotaxi launch, even though the company has not applied for the required permits.Politico reported that Tesla's counsel reassured regulators, claiming the rollout was limited to employees, friends, family, and select members of the public.Tesla is now actively recruiting “vehicle operators” in nine additional U.S. cities to replicate the Bay Area service.“Agentic checkout” is the latest frontier for artificial intelligence. Payment giants, tech platforms, and retailers are all racing to build systems that let AI handle more of the shopping journey.Mastercard, Visa, Google, and PayPal are each rolling out agentic checkout platforms, designed to let AI act as a shopper's digital assistant.PayPal is upgrading its decades‑old systems to handle the heavier transaction loads expected from AI‑driven commerce.Experts say the winners will be payment providers and e‑commerce platforms that build the infrastructure for AI agents rather than compete with them.Michelle Gill, GM of small business and financial services at PayPal said that The general sense in the industry is that “rather than competing, these stakeholders increasingly collaborate to harness the potential of agentic AI.”Mastercard's Co‑President of Global Partnerships, Sherri Haymond, said retailers won't need to replace entire platforms: “I would encourage merchants to have an open mind, and to lean in and do the work to make their environment accessible in this Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/

The U.S. government raised tariffs to 35 percent, prompting the Canadian Federation of Independent Business to warn that the move will negatively affect small businesses in both countries. Most Canadian exports remain tariff-free under CUSMA and USMCA, but ongoing uncertainty is causing businesses to delay decisions on layoffs and downsizing. CFIB urges the Canadian government to release funds collected from retaliatory tariffs and proposes temporary tax relief or tariff rebates to support small businesses. The organization highlights unresolved trade issues and the resulting instability for business planning.Learn more on this news by visiting us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.

Rudyard Griffiths and Sean Speer discuss the impact of Trump's latest tariffs on Canada, its broader implications on global trade and economic growth, and the need for Canada to prepare for a post-USMCA world by negotiating a new trade deal that balances economic interests and national sovereignty. The news cycle never slows down and neither does Hub Hits. Each day we provide you with quick hits on topical stories, big issues, and important voices appearing in The Hub, taped live. The Hub's podcast channel is sponsored this month by Airbnb. To learn more about how Airbnb is helping, not hurting Canada's economy, visit Airbnb.ca/closerlook.     The Hub is Canada's fastest-growing independent digital news outlet. Subscribe to The Hub's podcast feed to get all our best content: https://tinyurl.com/3a7zpd7e (Apple) https://tinyurl.com/y8akmfn7 (Spotify) Watch a video version on YouTube: https://www.youtube.com/@TheHubCanada Want more Hub? Get a FREE 3-month trial membership on us: https://thehub.ca/free-trial/ Follow The Hub on X: https://x.com/thehubcanada?lang=en   CREDITS: Amal Attar-Guzman - Producer and Sound Editor Rudyard Griffiths - Host

In this episode of Five Questions, Five Answers, host Birgit Matthiesen welcomes AFS attorney James Kim to explore the current state of US tariffs and their impact on importers and various industries, with a special focus on the electric vehicle sector. The conversation highlights evolving trade policies, challenges faced by businesses in navigating tariffs, and the importance of compliance with trade agreements such as United States-Mexico-Canada Agreement (USMCA). Birgit and James emphasize the need for proactive strategies in supply chain management in order to adapt to the rapidly changing trade landscape. Takeaways - Indicating permanence. The current state of tariffs suggests they are here to stay. - Increasing cost pressures arise from rising tariffs and reduced tax credits. - Offering potential tariff savings. The USMCA requires strict compliance. - Ensuring flexibility in contracts is essential to handle tariff fluctuations. - Reducing dependency on high-risk countries involves diversifying supply chains.

AI adoption, dollar weakness and tax savings from the Big Beautiful Bill are some of the factors boosting our CIO and Chief U.S. Equity Strategist Mike Wilson's confidence in U.S. stocks.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast I will discuss what's driving my optimism on stocks. It's Tuesday, July 29th at 11:30am in New York. So, let's get after it. Over the past few weeks, I have been leaning more toward our bull case of 7200 for the S&P 500 by the middle of next year. This view is largely based on a more resilient earnings and cash flow backdrop than anticipated. The drivers are numerous and include positive operating leverage, AI adoption, dollar weakness, cash tax savings from the Big Beautiful Bill, and easy growth comparisons and pent-up demand for many sectors in the market. While many are still focused on tariffs as a headwind to growth, our analysis shows that tariff cost exposures for S&P 500 industry groups is fairly contained given the countries in scope and the exemptions that are still in place from the USMCA. Meanwhile, deals are being signed with our largest trading partners like Japan and Europe that appear favorable to the U.S. Due to the lack of pricing power, the main area of risk in the stock market from tariffs is consumer goods; and that's why we remain underweight that sector. However, the main tariff takeaway for investors is that the rate of change on policy uncertainty peaked in early April. This is the primary reason why earnings guidance bottomed in April as evidenced by the significant inflection higher in earnings revisions breadth—the key fundamental factor that we have been focused on. Of course, the near-term set up is not without risks. These include still high long-term interest rates, tariff-related inflation and potential margin pressure. As a result, a correction is possible during the seasonally weak third quarter, but pull-backs should be shallow and bought. In addition to the growth tailwinds already cited, it's worth pointing out that many companies also face very easy growth comparisons. I've had a long standing out of consensus view that the U.S. has been experiencing a rolling recession for the last three years. This fits with the fact that much of the soft economic data that has been hovering in recession territory for much of that period as well—things like purchasing manager indices, consumer confidence, and the private labor market. It also aligns with my long-standing view that government spending has helped to keep the headline economic growth statistics strong, while much of the private sector and many consumers have been crowded out by that heavy spending which has also kept the Fed too tight. Meanwhile, private sector wage growth has been in a steady decline over the last several years, and payroll growth across Tech, Financials and Business Services has been negative – until recently. Conversely, Government and Education/Health Services payroll growth has been much stronger over this time horizon. This type of wage growth and sluggish payroll growth in the private sector is typical of an early cycle backdrop. It's a key reason why operating leverage inflects in early cycle environments, and margins expand. Our earnings model is picking up on this underappreciated dynamic, and AI adoption is likely to accelerate this phenomenon. In short, this is looking more and more like an early cycle set up where leaner cost structures drive positive operating leverage after an extended period of wage growth consolidation. Bottom line, the capitulatory price action and earnings estimate cuts we saw in April of this year around Liberation Day represented the end of a rolling recession that began in 2022. Markets bottom on bad news and we are transitioning from that rolling earnings recession backdrop to a rolling recovery environment. The combination of positive earnings and cash flow drivers with the easy growth comparisons fostered by the rolling EPS recession and the high probability of the Fed re-starting the cutting cycle by the first quarter of next year should facilitate this transition. The upward inflection we're seeing in earnings revisions breadth confirms this process is well underway and suggests returns for the average stock are likely to be strong over the next 12-months. In short, buy any dips that may occur in the seasonally weak quarter of the year. Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture GM is starting to realize that manufacturing out of the US is not going to work, they are now making plans to bring back manufacturing into this country.Trump has cut 25% of the IRS more cuts are coming.Too Late is destroying the housing market.Fake info about Powell resigning, markets didn't flinch. Trump made deal with Japan. Trump is thinking about removing capital gains tax for houses. Trump and the patriots have put out the bait and Obama took it. They tried to spin the story that it was fake. Tulsi then dropped additional information that was declassified showing Obama orchestrated the entire Russian Collusion Hoax. Trump is now preparing the public, he is exposing the entire agenda to the people of the US. The people will see everything is connected and they accept arrests. [DS] players feeling pain every step of the way.   Economy GM Slides 7% After Beating Q2 Earnings Despite $1 Billion Tariff Hit, Warns of Steeper Impact Ahead General Motors reported second-quarter earnings that surpassed analyst expectations, even as the automaker absorbed a $1.1 billion hit from tariffs - but it also warned about a coming steeper impact from tariffs moving into the second half of the year. In her letter to shareholders, CEO Mary Barra emphasized GM's resilience, stating:   To strengthen its domestic manufacturing base and reduce import exposure, GM announced $4 billion in new U.S. factory investments in June. The plan will expand capacity by 300,000 units across key high-margin models — pickups, SUVs, and crossovers — at plants in Michigan, Kansas, and Tennessee. “This will help us satisfy unmet customer demand, greatly reduce our tariff exposure, and capture upside opportunities as we launch new models,” Barra wrote. Currently, GM imports about half the vehicles it sells in the U.S., primarily from Mexico and South Korea. In contrast, rival Ford produces about 80% of its U.S. vehicles domestically. Ford is expected to report second-quarter earnings next week. Meanwhile, Stellantis, which owns Jeep, said tariffs cost it €300 million in the first half of the year and warned that results in the second half of 2025 will be significantly affected. Shares in Stellantis and Ford both fell about 1% on Tuesday morning. Source: zerohedge.com https://twitter.com/ElectionWiz/status/1948028438495088828 (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");  https://twitter.com/Kalshi/status/1947726659366388036 https://twitter.com/KobeissiLetter/status/1947976587879534937 Canada Accepts They're Not Going to Get a Trade Deal Before 35% Tariffs Kick In   Trump is simply waiting for the USMCA timeline to trigger a renegotiation. President Donald Trump is ambivalent to the trade partnership with Canada. This moot-status reality is why there's no substantive engagement. ‘No deal' -until USMCA redo- is a win for President Trump. The United States-Mexico-Canada Agreement (USMCA) is set to expire on July 1, 2036, 16 years after its entry into force on July 1, 2020, unless all three countries agree to extend it for another 16-year term. A joint review is scheduled for July 1, 2026   in July 2026, during the scheduled joint review of the USMCA,

Stocks hold steady as tariff uncertainty continues. Our CIO and Chief U.S. Equity Strategist Mike Wilson explains how policy deferrals, earnings resilience and forward guidance are driving the market.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast I'll be discussing why stocks remain so resilient. It's Monday, July 14th at 11:30am in New York. So, let's get after it. Why has the equity market been resilient in the face of new tariff announcements? Well first, the import cost exposure for S&P 500 industries is more limited given the deferrals and exemptions still in place like the USMCA compliant imports from Mexico. Second, the higher tariff rates recently announced on several trading partners are generally not perceived to be the final rates as negotiations progress. I continue to believe these tariffs will ultimately end up looking like a 10 percent consumption tax on imports that generate significant revenue for the Treasury. And finally, many companies pre-stocked inventory before the tariffs were levied and so the higher priced goods have not yet flowed through the cost of goods sold. Furthermore, with the market's tariffs concerns having peaked in early April, the market is looking forward and focused on the data it can measure. On that score, the dramatic v-shaped rebound in earnings revisions breadth for the S&P 500 has been a fundamental tailwind that justifies the equity rally since April in the face of continued trade and macro uncertainty. This gauge is one of our favorites for predicting equity prices and it troughed at -25 percent in mid-April. It's now at +3 percent. The sectors with the most positive earnings revisions breadth relative to the S&P 500 are Financials, Industrials and Software — three sectors we continue to recommend due to this dynamic. The other more recent development helping to support equities is the passage of the One Big Beautiful Bill. While this Bill does not provide incremental fiscal spending to support the economy or lower the statutory tax rate, it does lower the cash earnings tax rates for companies that spend heavily on both R&D and Capital Goods.Our Global Tax Team believes we could see cash tax rates fall from 20 percent today back toward the 13 percent level that existed before some of these benefits from the Tax Cuts and Jobs Act that expired in 2022. This benefit is also likely to jump start what has been an anemic capital spending cycle for corporate America, which could drive both higher GDP and revenue growth for the companies that provide the type of equipment that falls under this category of spending. Meanwhile, the Foreign-Derived Intangible Income is a tax incentive that benefits U.S. companies earning income from foreign markets. It was designed to encourage companies to keep their intellectual property in the U.S. rather than moving it to countries with lower tax rates. This deduction was scheduled to decrease in 2026, which would have raised the effective tax rate by approximately 3 percent. That risk has been eliminated in the Big Beautiful Bill. Finally, the Digital Service Tax imposed on online companies that operate overseas may be reduced. Late last month, Canada announced that it would rescind its Digital Service Tax on the U.S. in anticipation of a mutually beneficial comprehensive trade arrangement with the U.S. This would be a major windfall for online companies and some see the potential for more countries, particularly in Europe, to follow Canada's lead as trade negotiations with the U.S. continue. Bottom line, while uncertainty around tariffs remains high, there are many other positive drivers for earnings growth over the next year that could more than offset any headwinds from these policies. This suggests the recent rally in stocks is justified and that investors may not be as complacent as some are fearing. Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureThe fake news/[DS] trying to push the flooding as climate related. Lee Zeldin is going to release the climate modification program information. Trump places tariffs on more countries and adds addition 35% to Canada. The US has a surplus of billion, first time since 2005. Trump is pushing Powell to resign. The [DS] is in a panic. Trump and team lit a fire to flush out the enemy. The [DS] went along with the narrative and tried to push it further by pushing division. Trump can now see the board very clearly. The [DS] is afraid and its going to get worse. Trump is now shifting the Ukraine war to NATO and NATO is now paying for the weapons. Putin is assisting with the nuke deals with Iran. Trump and team are getting ready to unleash an investigation into the [DS], but first needed to prepare for it by flushing out the enemy.   Economy https://twitter.com/ChrisMartzWX/status/1943401373573234785  flood every year, assuming stationarity. Some years, there will be higher numbers, while in others, there will be fewer. So, yes, there can in fact be several “1-in-1,000-year” floods in the U.S. each year, and it doesn't tell us anything useful about long-term trends. That statistic does not apply to the entire nation uniformly. https://twitter.com/charliekirk11/status/1943353867833373054 https://twitter.com/TrumpWarRoom/status/1943743869989843326 (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");  President Trump Announces 35 Percent Baseline Tariff for Canadian Goods Not Covered Under USMCA President Donald Trump has announced a 35% baseline tariff rate for Canada on all imported goods not currently covered under the soon-to-expire USMCA trade agreement. “Instead of working with the United States, Canada retaliated with its own Tariffs,” President Trump shared on Truth Social. “Starting August 1, 2025, we will charge Canada a Tariff of 35% on Canadian products sent into the United States, separate from all Sectoral Tariffs.” [LINK]   During the oval office meeting President Trump said, “as you know [USMCA] terminates fairly shortly. It gets renegotiated fairly shortly.” Then the biggest statement, “this was a transitional deal, and we'll see what happens, we're going to start renegotiating that”… “I don't know if it serves a purpose anymore.”  …. “And the biggest purpose it served was, we got rid of NAFTA.”  President Trump is going to exit the trilateral USMCA in favor of two distinctly different bilateral trade agreements between the U.S and Mexico; and the U.S and Canada.  The only consideration now is the timing.  President Trump is 100% focused on the BIG ECONOMIC PICTURE; it's not about the politics, it's all about the economics.   Source: theconservativetreehouse.com Trump Advises Countries to Make a Deal as Tariff Deadline Looms: ‘Keep Working; It's All Going to Work Out' The tariffs on various countries announced this week include: Algeria: 30 percent tariff Bangladesh: 35 percent tariff Bosnia and Herzegovin: 30 percent tariff Brazil: 50 percent tariff Brunei: 25 percent tariff Cambodia: 36 percent tariff Canada: 35 percent tariff Indonesia: 32 percent tariff Iraq: 30 percent tariff

Today, we're looking at President Trump's latest threat to Canada, sending a letter warning of 35% tariffs goods that are non-compliant with the existing USMCA trade deal. Plus, we'll look at Prime Minister Mark Carney and B.C. Premier David Eby's response to the latest tariff threat and what might come next in negotiations. And finally, a leaked email from the RCMP shows the federal police force could be facing budget cuts amid rising crime across Canada.

S&P futures are pointing to a lower open today, down (0.6%). European equity markets also opened in the red, with the major indices roughly down by (0.5%). Asian markets traded mixed with Greater China markets outperforming. The Hang Seng surged +1.8%, boosted by gains in consumer-oriented and property stocks, while the Shanghai Composite hit a 3.5-year high. President Trump announced a 35% tariff on Canadian goods not covered by the USMCA, effective 1-Aug, increasing from the current 25%. Energy-related goods remain at a 10% tariff. Trump hinted at potential baseline tariffs of 15 to 20%, up from the current 10%, and suggested similar measures might target the EU soon. Companies Mentioned: Google, Boyd Gaming, Panasonic

US President Trump announced a 35% tariff for Canada and flagged a potential 20% blanket tariff for other countries; US is set to keep the tariff exemption for USMCA goods, according to a US official.Trump also noted the EU will receive a letter by Friday. Ahead of this, European bourses are in the red with sectors (ex-energy, post-BP) following suit.Stateside, futures are lower into a docket headlined by potential trade developments, ES -0.6%.USD extends on its recent recovery, resilient to trade updates. DXY notched a 97.89 peak, G10s broadly under pressure with the JPY lagging.Fixed was lifted by the above updates, since pulled back and moved into the red, a pullback intensified by a hawkish interview with ECB's Schnabel.Choppy trade for crude awaiting developments on numerous in-play factors, precious metals glean from the risk tone while base peers are tarnished.Looking ahead, highlights include Canadian Jobs, Fitch on Germany, DBRS on Sweden, Speakers including ECB's Cipollone. Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US President Trump announced a 35% tariff for Canada and flagged a potential 20% blanket tariffs for other countries; US is set to keep the tariff exemption for USMCA goods, according to a US official.Brazil's President Lula said the main thing is the reciprocity law, and if US charges 50%, they will charge him 50%.US President Trump noted the EU will receive a letter notifying them of new tariff rates by Friday.APAC stocks were ultimately mixed; European equity futures indicate a lower cash market open with Euro Stoxx 50 futures down 0.2% after the cash market finished with losses of 0.1%.Looking ahead, highlights include German WPI, UK GDP Estimate, Canadian Jobs, IEA OMR, Fitch on Germany, DBRS on Sweden, Speakers including ECB's Panetta & Cipollone.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

In this episode, Lewis Galvin (Lead Americas Analyst), along with colleagues Claire Brady (Principal Americas Analyst) and Azul Hidalgo Sola (Associate North America Analyst), delve into the first six months of President Donald Trump's administration. They discuss the implications of the One Big Beautiful Bill Act, Trump's trade and tariff policies, the USMCA negotiations, immigration enforcement, travel risks and the administration's relationship with universities and the judiciary. The episode provides a comprehensive analysis of how these interconnected issues may influence the political landscape leading up to the 2026 midterm elections. If you enjoyed the episode, please give us a like and subscribe for new episodes! You can also contact us with any questions or feedback: info@sibylline.co.uk  Follow us on Instagram: https://www.instagram.com/sibyllineltd/?hl=en  Follow us on LinkedIn: https://www.linkedin.com/company/sibylline-ltd/ For more information, visit our website: www.sibylline.co.uk #GeopoliticsPodcast #Podcast #Trump #OneBigBeautifulBill Music: Stock Media provided by @Boscorelli / Pond5

Farmers on both sides of the border are watching closely as Canada and the U.S. continue trade talks. With Canada backing off its digital services tax, some are asking: is supply management next? That's the system that controls how much milk, eggs and poultry Canadian farmers can produce and guarantees a set price for what they sell. We hear from a dairy farmer in New York who says U.S. producers still don't have the access they were promised under USMCA, and an egg farmer in B.C. who says supply management helped her farm survive. Plus, a food economist walks us through how the system works — and what might happen if it's put back on the table.

On this episode of FreightWaves Morning Minute, we delve into the ⁠U.S. Department of Transportation's (DOT) new initiatives⁠, including a nationwide audit of non-domiciled CDL holders, significant federal funding for truck parking, and the cancellation of the speed limiter mandate for heavy-duty trucks. These changes aim to prioritize American truck drivers and address long-standing industry concerns, as announced by Transportation Secretary Sean Duffy on FreightWaves' WHAT THE TRUCK?!? show. You can read more about these changes in the article "BREAKING: DOT will crack down on non-domiciled CDL holders - FreightWaves". ⁠DHL Express Canada has reinstated all services and resumed full operations⁠ after Unifor union workers ratified a new four-year contract. This agreement ends a nearly three-week strike/lockout and includes a 15.75% wage increase over four years, a new payment structure for independent drivers, and enhanced pension programs. Further details are available in the article "DHL Express Canada reinstates service after workers ratify labor deal - FreightWaves". A new report indicates that ⁠Mexico is well-positioned to benefit from President Trump's global tariff war⁠ and the ongoing trend of nearshoring. Most goods from Mexico qualify for tariff-free treatment under the USMCA, making it a reliable alternative for companies seeking to reduce exposure to trade friction and long lead times from overseas markets. Learn more in the report "Borderlands Mexico: Winner in global tariff war could be Mexico, report says - FreightWaves". Tune into FreightWaves TV for ⁠What the Truck?!?⁠ live at noon today, or catch the replay on SiriusXM channel 146. Don't forget to register for the upcoming ⁠Enterprise Fleet Summit on July 23rd⁠ and the ⁠Supply Chain AI Symposium on July 30th⁠ in Washington D.C.. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to another ROUNDUP! Brian Barber, a seasoned customs broker who reveals how businesses can navigate skyrocketing tariffs, AI-driven technologies, and evolving trade policies. Learn insider strategies for compliance, discover hidden opportunities in USMCA, and understand how technology is reshaping supply chain management. Connect with Brian Barber: https://www.linkedin.com/in/bebarber/  Key topics: Section 232 tariff increases Preparing for sudden regulatory shifts Role of AI and Importance of human oversight Understanding trade agreements (USMCA) Refund recovery services Engaging trusted advisory partners In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬ Recommended Resources: Check out these courses we offer here at GTC!

Visit Y Street Capital to learn more about our projects. The conventional wisdom is that when the value of a country'scurrency falls relative to its trading partners, its exports become more competitive in the global market. It's no secret that the Trump Administration is aiming to bring more manufacturing back to the United States.Global flows of capital have changed since the start of the year. While the administration wishes to bring increasing levels of capital investment to the United States many of the policies are in fact having the opposite effect. President Trump has stated publicly that he wishes the US dollar to fall compared with other currencies including the Japanese Yen, the Euro, the Chinese Yuan and the Canadian Dollar.An increasing number of investors are looking for a safe haven for their capital. The US dollar has fallen by 10% since the beginning of the year against most of the major currencies. Indications are that it is forecast to fall even further when measured against other major currencies. We think that real estate investments in Canada represent a better risk adjusted proposition right now. This is based on the following observations:1) The slowdown in new construction that we have seen across the US is also present in Canada. This means that labor rates in Canada for new construction have moderated and we are seeing extremely competitive bids for new work. 2) Immigration to the US is down significantly since the start of the year and demand for new housing will decline as a result. The US has pretty much closed the door refugee claimants. This includes countries like Afghanistan where many US allies are stranded and have no path to enter the US. 3) Immigration to Canada remains in extremely high demand. The Canadian government has reduced its immigration targets slightly, but the numbers remain extremely high especially when compared to the US as a percentage of the population. 4) Interest rates in Canada are much lower for borrowing. The 5 year Canada mortgage bond is trading around 3.1% which means that a new construction and permanent financing loan could price below 4%. Rates are not that low in the US. 5) Canada is not waging a trade war against the rest of the world. While prices for certain construction commodities like electrical equipment and air conditioners will certainly be impacted by tariffs in the US, we are not seeing the same impact in Canada. Many manufacturers have operations in North America including Mexico. These goods can flow into Canada free of any tariffs under USMCA. 6) Even with new apartment supply having entered the market, vacancy rates in most Canadian cities are far below comparable US markets. 7) If the US dollar falls further as we see the Trump administration wishing, then any investment outside the US goes up in value on a relative basis. Investing is not the same as speculating on foreign exchange rates. That alone should not be a reason for investing outside the US. It's just one of many factors to consider when looking at aggregate probabilities.When we put all of these factors together, we see a compelling case for investing in Canada, even for US investors. ---------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)  

Our guest on this week's episode is Jorge Gonzalez Henrichsen, co-CEO of The Nearshore Company. It's now been five years since the USMCA trade agreement was negotiated between the Mexico, Canada, and the United States, replacing NAFTA. In this current time of trade friction, including new tariffs on both Mexico and Canada, what's still working with USMCA and what's next for the trade alliance? Our guest offers some insights.There is an ongoing shortage of air traffic controllers in our nation. Recently a new study was delivered to Congress that showed the FAA hired only two-thirds of the air traffic controllers called for by its staffing models. By fiscal year 2024, nearly a third of air traffic control facilities had fallen 10% below model standards and about 22% had fallen 15% below. We discuss why there is a lack of air traffic controllers and what can be done to assure safety in the skies. Despite widespread adoption of digital tools and automation technologies, marine terminals around the world face persistent challenges with issues such as data connectivity, system integration, and real-time visibility. New research shows that there are lots of opportunities for real-time, automated data connectivity across terminals. It seems that many terminals have made big technology investments, and the next step is to ensure that their systems connect and all work together.Supply Chain Xchange  also offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals. All episodes are available to stream now. Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.Articles and resources mentioned in this episode:The Nearshore CompanyReport: Congress should fund FAA to boost air traffic control workforceMarine Terminals need connectivity solutionsVisit Supply Chain XchangeListen to CSCMP and Supply Chain Xchange's Supply Chain in the Fast Lane podcastSend feedback about this podcast to podcast@agilebme.comPodcast is sponsored by: Storage SolutionsOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITY

PREVIEW: Colleague Mary Anastasia O'Grady of WSJ reports that Canada and Mexico look to the G7 for the beginning of resolution re trade in the 2026 USMCA agreement. More. 11900 KLONDIKE

Bodyoid Horror: MIT's Trial Balloon to Grow Humans for Parts Unleashes Ethical Hell MIT floats a nightmare—grow “bodyoids” in labs for drugs, organs, maybe meat! No pain, no brains, they claim, but the transhumanist abyss yawns wide. Is this science or a soulless descent into Brave New World? Apple Readies “AI Agent Doctor” & Robotics is About to Have An “iPhone Moment”, Going Viral Apple's is nearing release of an AI agent to act as “doctor”, spy on your life, and dox you to whoever pays them.  But that's just the start: AI agents and humanoid robots are exploding onto the scene, with NVIDIA's CEO predicting streets swarming with bots by 2030 and the CEO of Figure says the 3 necessary tech hurdles to enable the trillion-dollar bot boom are here. It's totalitarianism meets voyeuristic tech terror Autism Apocalypse: Vaccine Giants Fuel a Silent Epidemic Autism rates are skyrocketing, with a 17% surge in just two years—now hitting 1 in 31 kids! While Big Pharma pumps 76 shots into vulnerable children, they dodge blame, claiming “better diagnosis” and use measles fearmongering to distract us. It's a profit-driven plague, destroying a generation while silencing voices screaming for truth! AI's Soulless Secret Unveils Meaning of “Image of God” and the Dignity of Humans Bryan Trilli's explosive book, Soulless Intelligence: How AI Proves We Need God, reveals AI's fatal flaw.   Ironically, AI may teach us what being in the image of God means and why ALL humans have value regardless of differing degrees of intellectual and physical abilities AI Twins: Digital Clones as Personal Assistants or Something Family Can Interact with When Your Gone      A new wave of AI startups is crafting digital twins—eerie replicas that mimic your voice, thoughts, and actions, taking your meetings, answering emails, and even “comforting” loved ones after your death!      Are they trying to replicate Michael Keaton's Multiplicity or Marlon Brando's computer tutor for his son in Superman? Supreme Court Showdown: Parents Battle School Board's ‘Pagan Pedophilia' Curriculum Pushing LGBTQ Sex Stories on 3-Year-Olds       A Maryland school board's sinister plan to force pre-K kids as young as three into explicit LGBTQ-themed storybooks—like same-sex playground sex—has ignited a court challenge      The case exposes a chilling state takeover of children's minds, funded by your skyrocketing property taxes. First 100 Days: Trump says “I Run the Country and the World”      With 130 executive orders in under 100 days, he's bypassing Congress and the judiciary, claiming sweeping powers over trade, immigration, and speech.  He says he “runs the country” and he's talking about a third term.  What would George Washington say?       Is this the end of constitutional governance and the rise of an imperial presidency?        What will Democrats do with this kind of power? Trump's Medicine Madness: 5 Years Later History Rhymes      He shrugs, 'Take your medicine,' blaming 'stupid leaders' for jobs fleeing to Mexico and China. But wait—wasn't he the mastermind behind USMCA? It's flaming hypocrisy as his flip-flopping tariffs spark an 'earthquake' of hidden damage—broken markets, shattered foundations, and a $37 trillion debt he won't touch!       Meanwhile, The chaos & uncertainty are more damaging than his “medicinal” tariffs as he locks down the economy       Trump's ‘medicine', focused on countries not industries, are sanctions by another name—while the real enemy, government debt and control, lurks in the shadows Punishing Those Found “NOT GUILTY” is OK with US Courts In a shocking abuse of power, Illinois cops seized a plumbing company's truck after a drunk driver crashed into it—and they've held it for over 15 months without a warrant or explanation!      And, as stealing property without even charging people with a crime has become standard practice so has “acquitted-conduct sentencing” where judges ignore NOT GUILTY jury verdicts and punish people for conduct the jury has acquitted — and the Supreme Court allows it to continue! Trump Goes Full Knucklehead with MS-13 Tattoo Tantrum Over a Photoshopped Lie       Trump's unhinged meltdown over a crudely photoshopped MS-13 tattoo exposes not only his shocking ignorance but an administration cowed into sycophancy, afraid to tell him when he forgets to wear his pants.      His administration is ignoring REAL evidence of cartel activity by the individual in question and doubling down on fake evidence out of pride and a determination to never admit a mistake.  How typical.  How telling.  How amusing and dangerous at the same time. China's Rare Earth Stranglehold: A Wake-Up Call for America      China's iron grip on over 90% of the world's rare earth mineral processing threatens to cripple U.S. technology, healthcare, and defense industries overnight as China's ready to turn off the tap in a high-stakes trade war in response to Trump's tariffs.       Join Josh Ballard, CEO of USA Rare Earth (USARE.com, NASDAQ:USRE), as he exposes the strategic maneuvering that gave China its monopoly, and unveils a bold plan to rebuild America's supply chain from the ground up.       How long will it take, and what happens in the interim? Follow the show on Kick and watch live every weekday 9:00am EST – 12:00pm EST https://kick.com/davidknightshow Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code KNIGHT Find out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

May 2025 might go down as the most pivotal month of Donald Trump's second presidency. The post-Liberation Day disruption gave him room to play the chaos card — but that only lasts so long. Now it's time to deliver. And according to what the White House is telling Congress behind closed doors, a lot is in motion. Sixty countries are either actively negotiating trade terms or exchanging paperwork with the administration. Congress is being told these deals won't require their approval, which Congress, for the record, does not agree with. But this is Trump we're talking about — when has he ever waited for a vote?Still, the big names you'd expect — China, Canada, Mexico — aren't in the mix. China's radio silent, Mexico and Canada are being folded into existing USMCA renegotiations. That leaves three countries reportedly close to a deal: the United Kingdom, Australia, and most importantly, India. India isn't just geopolitically important — it's the key to rewriting how America competes with China. A deal there could shift the entire narrative.Why India Matters More Than You ThinkIndia is the crown jewel of this effort. There's personal chemistry between Trump and Modi, which helps. JD Vance just visited India, and his family ties only reinforce the good vibes. But this isn't just a soft power thing. India offers cheap manufacturing, which Trump badly needs to offset Chinese trade disruption. If you're going to tell a story about reindustrializing America and cutting reliance on Beijing, India is where you start.There's also the intellectual property angle. India doesn't have the same IP hang-ups as China, which means Trump could insert protections into this deal and claim it as a model for future negotiations — including, eventually, with China. It's the kind of pivot that's both symbolic and real. Add in niche export wins — like bourbon or Harley-Davidsons, which have demand in India but face big trade hurdles — and suddenly you've got tangible proof of progress.Fast Deals, Reversible WinsHere's the catch: none of these deals are expected to go through Congress. They're handshake deals. That means they can be reversed at any moment — by Trump himself. And that's kind of the point. Trump wants to touch every single part of the negotiation. No detail moves without his approval. That gives him the power to declare victory on anything, even if the actual text doesn't amount to much.So the real question isn't whether Trump can get a deal. It's whether he can get one that's meaningful — and fast. Because right now, the administration needs wins. Not headlines. Not vibes. Wins. The stock market is shaky, the trade war with China is frozen, and the White House knows it's currently heading into the midterms with a record that still feels unsettled. India might be the win they've been waiting for. But if it doesn't land soon, the window to define this presidency might close a lot faster than anyone expects.Chapters00:00:00 - Intro00:00:15 - Tariff Negotiations00:10:11 - Worst State Party Draft, part one00:41:37 - Update00:42:36 - Mike Waltz Goes to the U.N.00:44:48 - Alien Enemies Act Ruling00:48:55 - Ukraine Mineral Deal00:51:55 - Worst State Party Draft, part two01:34:53 - Wrap-up This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.politicspoliticspolitics.com/subscribe

After declaring victory in yesterday's Canadian election, Prime Minister Mark Carney said the “old relationship” with the United States is over. Over the past few months, President Donald Trump's on-and-off tariffs and repeated annexation threats have caused Canadians to reconsider the United States as its leading trading partner and ally. But Patricia Goff, professor of political science at Wilfrid Laurier University, said the idea of disentangling the two economies is unrealistic. On the show today, Goff explains how Trump's tariffs and annexation threats influenced the Canadian election, how Canadian industries are navigating the trade war, and what this all could mean for the future of the U.S.-Mexico-Canada trade agreement.Plus, we'll hear a pitch for a new “Make Me Smart”-themed rear window sticker. And, what one psychologist got wrong about burnout. Here's everything we talked about today:"Trump knows exactly what he just triggered in Canada" from CBC News"Liberal Bruce Fanjoy topples Pierre Poilievre in Carleton" from CBC News"Canada-U.S. Relations Continue to Reach Lows Over Tariffs and Annexation Threats" from The New York Times"Mike Myers Is Ready to Defend Canada" from The New York Times"Canada says its friendship with the US is ‘over.' Now what?" From Politico "The future of the USMCA" from the Peterson Institute for International EconomicsWe want to hear your answer to the Make Me Smart question. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureCanada elected Carney, this was expected. Now Canada is going to head in the opposite direction of the US, it will enter a recession. Trump trapped Canada into renegotiating the USMCA. Bessent reveals the plan to bring back manufactures and says that tariffs will replace income tax. The [DS] is losing ground every step of the way. The agencies are now being cleaned out, the FBI has now confirmed that those within the agency are being given a lie detector test. Trump has now shutdown the [DS] payment system making it much more difficult to launder money. The [DS] is almost out of power, when Trump has them so weak he will attack. The WH put out a message, flyeaglesfly which refers to Bill Clinton. Will the Clinton's be on the run in the end?   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/EndWokeness/status/1917044090094412224 Carney is moving forward with the green deal and the great reset, watch Canada implode.  How the NAFTA/USMCA 2025 Review Underpins President Trump Remarks on Canada Only President Trump could get the Canadians to vote for an exit to the USMCA, and he did it brilliantly. To understand President Trump's position on Canada, you have to go back to the 2016 election and President Trump's position on the NAFTA renegotiation.  If you did not follow the subsequent USMCA process, this might be the ah-ha moment you need to understand Trump's strategy. During the 2016 election President Trump repeatedly said he wanted to renegotiate NAFTA, the North American Free Trade Agreement.  Both Canada and Mexico were reluctant to open the trade agreement to revision, but ultimately President Trump had the authority and support from an election victory to do exactly that. In order to understand the issue, you must remember President Trump, Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer each agreed the NAFTA agreement was fraught with problems and was best addressed by scrapping it and creating two seperate bilateral trade agreements. One between the USA and Mexico, and one between the USA and Canada. In the decades that preceded the 2017 push to redo the trade pact, Canada had restructured their economy to: (1) align with progressive climate change; and (2) take advantage of the NAFTA loophole.  The Canadian government did not want to reengage in a new trade agreement. Canada has deindustrialized much of their manufacturing base to support the ‘environmental' aspirations of their progressive politicians.  Instead, Canada became an importer of component goods where companies then assembled those imports into finished products to enter the U.S. market without tariffs.  Working with Chinese manufacturing companies, Canada exploited the NAFTA loophole. Justin Trudeau was strongly against renegotiating NAFTA, and stated he and Chrystia Freeland would not support reopening the trade agreement.  President Trump didn't care about the position of Canada and was going forward.  Trudeau said he would not support it.  Trump focused on the first bilateral trade agreement with Mexico. When the U.S. and Mexico had agreed to terms of the new trade deal and 80% of the agreement was finished, representatives from the U.S. Chamber of Commerce informed Trudeau that his position was weak and if the U.S. and Mexico inked their deal, Canada would be shut out. The key points to remember are: (1) Trump, Ross and Lighthizer would prefer two separate bilateral trade agreements because the U.S. import/export dynamic was entirely different between Mexico and Canada.

After declaring victory in yesterday's Canadian election, Prime Minister Mark Carney said the “old relationship” with the United States is over. Over the past few months, President Donald Trump's on-and-off tariffs and repeated annexation threats have caused Canadians to reconsider the United States as its leading trading partner and ally. But Patricia Goff, professor of political science at Wilfrid Laurier University, said the idea of disentangling the two economies is unrealistic. On the show today, Goff explains how Trump's tariffs and annexation threats influenced the Canadian election, how Canadian industries are navigating the trade war, and what this all could mean for the future of the U.S.-Mexico-Canada trade agreement.Plus, we'll hear a pitch for a new “Make Me Smart”-themed rear window sticker. And, what one psychologist got wrong about burnout. Here's everything we talked about today:"Trump knows exactly what he just triggered in Canada" from CBC News"Liberal Bruce Fanjoy topples Pierre Poilievre in Carleton" from CBC News"Canada-U.S. Relations Continue to Reach Lows Over Tariffs and Annexation Threats" from The New York Times"Mike Myers Is Ready to Defend Canada" from The New York Times"Canada says its friendship with the US is ‘over.' Now what?" From Politico "The future of the USMCA" from the Peterson Institute for International EconomicsWe want to hear your answer to the Make Me Smart question. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.