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A U.S. trade official has suggested that American policymakers consider restricting certain Canadian goods as leverage in ongoing commercial negotiations. The proposal underscores escalating economic friction between the two neighboring nations.
The European Union is preparing its response to potential US tariffs on cars and discussing its new budget, which prioritizes key issues like defense, migration, and agriculture. The bloc is also testing its mutual assistance clause and launching aid programs.
Canadian tech experts are concerned that ongoing trade talks may lead to Ottawa conceding sovereignty over digital policy, following remarks from U.S. trade officials suggesting major concessions to address U.S. tech and streaming giants' concerns.
Nvidia has licensed its H200 AI chips for purchase by several Chinese firms, including ZTE, despite US trade restrictions. A US trade official noted that only a very limited number of these chips have been shipped to China so far.