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Prince Edward Island inks trade deal with Manitoba
Prince Edward Island inks trade deal with Manitoba

CTV News

time6 days ago

  • Business
  • CTV News

Prince Edward Island inks trade deal with Manitoba

Prince Edward Island has signed another internal trade agreement with a prairie province, seeking to improve the flow of goods and services amid the ongoing tariff dispute with the United States. P.E.I. and Manitoba signed a memorandum of understanding (MOU) to support the free movement of workers and businesses between the two provinces, according to a news release from P.E.I. Last month, P.E.I. signed a similar MOU with Saskatchewan. It has also inked agreements with Ontario and New Brunswick. 'PEI and Manitoba may be different in size and geography, but we share the same goals: a stronger economy, a mobile workforce, and a more efficient approach to interprovincial cooperation,' said P.E.I. Premier Rob Lantz in the release. P.E.I. exports of goods to Manitoba are valued at more than $22 million while the exports of services are valued at more than $6.7 million. Manitoba goods imports are valued at more than $42 million and services imports are valued at $18.4 million. The total trade between the two provinces is valued at more than $90 million. For more P.E.I. news, visit our dedicated provincial page.

EU Targets €100 Billion of US Goods With Tariffs If Talks Fail
EU Targets €100 Billion of US Goods With Tariffs If Talks Fail

Bloomberg

time06-05-2025

  • Business
  • Bloomberg

EU Targets €100 Billion of US Goods With Tariffs If Talks Fail

The European Union plans to hit about €100 billion ($113 billion) in US goods with additional tariffs in the event ongoing trade talks fail to yield a satisfactory result for the bloc, according to people familiar with the matter. The proposed retaliatory measures will be shared with member states as early as Wednesday and consultations will last for a month before the list is finalized, said the people, who spoke on the condition of anonymity because the plans are private. The list could change in that time.

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