
US senators upbeat about mending Canada ties after PM meeting
A group of US senators said Friday they felt hope after meeting with Canadian Prime Minister Mark Carney towards repairing bilateral relations and securing a new trade and security deal.
Republican Senator Kevin Cramer of North Dakota said he was "encouraged by what we've heard today and I'm encouraged by what we're seeing in terms of moving forward together."
The delegation, which also included Democrats Jeanne Shaheen, Amy Klobuchar, Tim Kaine and Peter Welch all of whom represent states that border Canada met with Carney as well as senior Canadian ministers for national defense, industry and foreign affairs.
"We hope that this meeting will continue very positive discussions toward ensuring that some of the cracks that appeared in the relationship in recent months are healed and we move forward together," Shaheen told a news conference.
Canada-US relations withered in recent months after US President Donald Trump slapped punishing tariffs on Canadian goods including automobiles, steel and aluminum, and mused about making Canada the 51st US state.
Canada sends three-quarters of its exports to the United States, and Canadians have been angered by the tariffs and rhetoric, leading many to boycott US goods and travel.
Trump has since suspended some of the US tariffs pending negotiations, while Canada has paused some countermeasures for six months.
But the latest jobs report shows the levies are already damaging the Canadian economy while leading to increased volatility in the markets.
The US senators said the strained relationship has been hard for Americans too, especially in states that border Canada.
"Every single day, we feel it. We know it's been bad," Klobuchar commented. "But we just want to get to a better place, and that's why we're here today."
There are tremendous opportunities to grow both economies, she added, "if we stick together."
Cramer suggested that Canada and the United States close ranks against China, which he described as the number one threat to North America.
"Therein lies what I believe to be one of the greatest opportunities to heal this relationship, because we can unite around that common adversary with our integrated supply chains and some of the unique qualities of each country," he said.
"We don't have as much potash as y'all do, we don't have the critical minerals that Canada does," Cramer added.
amc/jgc
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)

First Post
32 minutes ago
- First Post
US-China handshake in London? Negotiators inch toward deal over rare earths, tech exports
US President Donald Trump has authorised Treasury Secretary Scott Bessent's team to remove restrictions on the sales of chipmaking software, jet engine parts and ethane read more Top officials from the US and China will continue their meeting on Tuesday over an array of bilateral agreements, including the rare earth deal. The engagements began in London yesterday (June 10) as the two countries seek to sort out differences over Trump's tariffs. The talks are being led by China's Vice Premier He Lifeng, alongside US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer. According to a report by The Washington Post, the US president has authorised Bessent's team to remove restrictions on the sales of chipmaking software, jet engine parts and ethane. STORY CONTINUES BELOW THIS AD 'Expecting handshakes' In an interview with American outlet CNBC, Kevin Hassett, Director of the National Economic Council at the White House, on Monday said that the US expectation was that 'immediately after the handshake, any export controls from the US will be eased, and the rare earths will be released in volume, and then we can go back to negotiating smaller matters." A deal to ease restrictions on critical minerals and advanced technologies would mark a major shift in the ongoing US-China economic and tech rivalry. Meanwhile, Trump has reportedly described Monday's talks as 'good'. US-China trade tensions Tensions between Washington and Beijing have soared since Trump took office, with both countries engaging in a tariffs war that took duties on each other's exports to three figures – an effective trade embargo. The Geneva pact to cool tensions temporarily brought new US tariffs on Chinese goods from 145 percent to 30 percent, and Chinese countermeasures from 125 percent to 10 percent. But Trump recently said China 'totally violated' the deal. A key issue was Beijing's shipments of rare earths, crucial to goods including electric vehicle batteries. Throughout its talks with Washington, China has also launched discussions with other trading partners – including Japan and South Korea – to try to build a united front to counter Trump's tariffs. With inputs from agencies


Time of India
34 minutes ago
- Time of India
Asian stocks rise as China-US trade talks raise hopes; investors watch for breakthrough on tariffs; oil edges up
Asian stocks mostly rose on Tuesday as investors looked ahead to ongoing China-US trade talks that could help ease recession fears. A second day of negotiations was set after US and Chinese officials met in London to discuss key trade issues, with hopes of reaching a deal to roll back high tariffs. Japan's Nikkei 225 climbed 1% to 38,473.97, while South Korea's Kospi rose 0.9% to 2,881.40. The Hang Seng index in Hong Kong rose 0.2% to 24,242.03, and Shanghai's Composite index gained 0.1% to 3,403.51. Taiwan's Taiex recorded a 2% increase. The S&P/ASX 200 in Australia moved up 0.7% to 8,578.50. Earlier n Monday, the S&P 500 saw a modest 0.1% increase to 6,005.88, positioning it within 2.3% of its February peak. The Dow Jones Industrial Average experienced a minimal decline of 1 point to 42,761.76, whilst the Nasdaq composite increased 0.3% to 19,591.24. The S&P 500's recovery from its 20% decline two months ago has been supported by expectations that President Donald Trump will reduce tariffs following trade agreements with various nations. The index has recovered beyond its position prior to Trump's comprehensive tariff announcement in April on what he termed "Liberation Day." Tesla showed signs of recovery following recent losses. After experiencing volatility earlier in the day, the electric vehicle manufacturer's shares rose 4.6% on Monday, following significant declines last week amid deteriorating relations between Musk and Trump. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo This strained relationship could potentially affect Musk's other ventures with government contracts, including SpaceX. Notably, competitor Rocket Lab saw a 2.5% increase. Early Tuesday trading saw US benchmark crude oil increase by 31 cents to $65.60 per barrel, whilst Brent crude rose similarly to $67.35. The dollar strengthened to 144.93 Japanese yen from 144.61 yen, and the euro decreased to $1.1399 from $1.1421. The 10-year Treasury yield decreased to 4.48% from 4.51% following Friday's close, influenced by a Federal Reserve Bank of New York survey indicating reduced consumer inflation expectations for May. Economists anticipate Wednesday's report to show that inflation rose to 2.5% last month, up from 2.3%. The Federal Reserve has kept its key interest rate unchanged as it monitors the impact of Trump's tariffs—both on inflation and overall economic growth. If inflation expectations among US households continue to rise, it could trigger spending behavior that fuels a cycle of even higher inflation. Market snapshot at 0230 GMT Tokyo (Nikkei 225): Up 1.0% at 38,473.97 Hong Kong (Hang Seng Index): Up 0.4% at 24,275.16 Shanghai (Composite Index): Up 0.2% at 3,405.64 New York (Dow Jones): Flat at 42,761.76 London (FTSE 100): Down 0.1% at 8,832.28 Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now


Hindustan Times
38 minutes ago
- Hindustan Times
Fashion critic who mocked JD Vance's style faces deportation calls in US: 'Stick to critiquing suits'
Fashion critic and writer Derek Guy, popular on X as the Menswear Guy, who gives fashion advice and critiques outfits of the rich and famous, is facing backlash after he revealed that he came to the US illegally as a kid with his family, who fled Vietnam after the Tet Offensive. Amid protests in Los Angeles against anti-immigration raid arrests, Guy shared his story, claiming that he wanted to show that not all those who come to the US illegally are criminals or gang members. "I came here without legal documentation, I eventually fell into the category of being an undocumented immigrant. Yet, I've been in the United States since I was a baby. My identity and roots are very much based in this country, no different from anyone else. Ultimately, I hope my sharing this story helps push back against the idea that all undocumented immigrants are MS-13 members," he wrote in a now-viral post. However, the admission stirred controversy, especially among MAGA supporters who called on Republican leaders to deport the fashion writer. Guy has often targeted prominent conservatives, including Vice President JD Vance, for their style choices. He once accused Vance of mimicking Trump's fashion sense despite criticising him before he joined politics. One post mockingly urged Vance to do the 'funniest thing ever' by deporting Guy. The Vice President replied with a nodding GIF, seemingly endorsing the idea. Guy's comments also drew criticism from both sides. While some conservatives slammed him for political bias in his critiques, others accused him of virtue signalling and called out his post encouraging non-violent protest. 'Extremely rich that Guy explicitly argues in favour of illegal immigration because he did it, and 'they aren't all terrorists',' one user commented. Another mocked his frequent habit of blocking users online: 'Menswear guy Derek Guy liberally deports people from his account. He is now getting a taste of his own medicine!' 'All Derek Guy had to do was stick to critiquing suits and writing prissy style guides for urban hipsters but no, he had to make it about his politics and now look what's happened, he's getting deported,' said another.