US-Canada Trade Talks Restart Amid New Tariffs and Weakening Labor Market
The United States and Canada have resumed trade talks ahead of the Trump administration's plans to impose new tariffs. This development comes as the U.S. economy lost 23,000 jobs in July, with a weakening labor market revealed by job losses.
The resumption of trade talks is seen as an attempt to ease tensions between the two nations, which have been at odds over trade agreements. The Trump administration has announced plans to impose tariffs on dozens of countries, including Canada, amidst ongoing trade disputes.