financetom
Business
financetom
/
Business
/
Canada minister says retaliatory tariffs could include critical minerals
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Canada minister says retaliatory tariffs could include critical minerals
Jan 16, 2025 7:45 AM

TORONTO (Reuters) - Canada is preparing a list of potential US retaliatory tariffs and some of those could be on critical minerals, Energy and Natural Resources Minister Jonathan Wilkinson said on Thursday.

Wilkinson said that Canada was looking at points of leverage that will create maximum pressure on the United States to come to table to find a resolution to the tariff issue.

Canada could impose countermeasures on up to C$150 billion ($105 billion), a source familiar with the matter said on Wednesday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SPX Technologies Completes Acquisition of Kranze Technology Solutions
SPX Technologies Completes Acquisition of Kranze Technology Solutions
Jan 28, 2025
03:35 AM EST, 01/28/2025 (MT Newswires) -- SPX Technologies ( SPXC ) said late Monday it has completed its acquisition of Kranze Technology Solutions. Kranze is expected to be modestly accretive to adjusted earnings per share from continuing operations in 2025, the company said. SPX President and Chief Executive Gene Lowe said the acquisition significantly scales the company's position in...
Kazakhstan seeks better terms in oil production sharing agreements
Kazakhstan seeks better terms in oil production sharing agreements
Jan 28, 2025
* Kazakhstan has clashed with oil majors over costs * In 2023 launched claims against groups developing oilfields (Adds quote from president in paragraph 5, background on projects in paragraphs 6-11) By Mariya Gordeyeva ALMATY, Jan 28 (Reuters) - Kazakh President Kassym-Jomart Tokayev on Tuesday ordered the government to step up talks with international oil majors about an extension of...
Ubisoft to close UK site and restructure three others, affecting 185 staff
Ubisoft to close UK site and restructure three others, affecting 185 staff
Jan 28, 2025
(Reuters) - France's largest video game maker Ubisoft will close its Leamington site in Britain and restructure operations at Ubisoft Düsseldorf, Ubisoft Stockholm and Ubisoft Reflections, impacting 185 employees, it said on Tuesday, confirming earlier media reports. The decision is a part of efforts to prioritize projects and reduce costs to ensure long-term stability at Ubisoft, it said. Ubisoft has...
Exclusive-HSBC to wind down M&A and ECM capabilities in Europe, UK & Americas, memo shows
Exclusive-HSBC to wind down M&A and ECM capabilities in Europe, UK & Americas, memo shows
Jan 28, 2025
LONDON (Reuters) - HSBC ( HSBC ) is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a major shake-up of its investment banking operations, a memo showed on Tuesday. ...our intention is to move to a more competitive, scalable, financing-led model, Michael Roberts, CEO HSBC Bank said...
Copyright 2023-2026 - www.financetom.com All Rights Reserved