The U.S. and Canada had hoped to hold extended trade talks to avert 50% tariffs against $20 billion worth of Canadian goods.

While ties with the U.S. have stabilized after last year’s tariff war, Beijing’s standoff with Brussels is intensifying.

The incidents add another risk around the Bab el-Mandeb Strait, a critical chokepoint connecting the Gulf of Aden with the Red Sea and a key route for global shipping.

Canada’s message to the U.S. is that “we’re ready to negotiate, but we’re not coming to this as pushovers. We have things we care about.”

Supply chain planning has never mattered more. As organizations navigate continued volatility, shifting customer expectations, economic uncertainty, and the rapid acceleration of AI and new technology, the ability to plan, adapt, and make smarter decisions will be a critical competitive advantage over the next 12 months.

Opting for retaliation cements Canada as one of just two countries to fight fire with fire in the face of U.S. tariffs. The other is China.

The global aviation market has had a challenging year as surging jet fuel prices caused by the Middle East conflict see expenses balloon for some major airlines.

The Pinglu Canal will reportedly shorten inland waterway transportation by nearly 350 miles, reduce transportation costs by as much as $735 million annually.

CK Hutchison is alleging that Panama violated an investment protection treaty as part of what the company described as a "state attack campaign." 

Company executives said that they observed changes to shopper behavior when national average gas prices topped $4 a gallon in July.