The S&P Global Ratings affirmed the US's AA+ long-term credit rating with a stable outlook on Monday, saying tariff revenues will help offset the fiscal blow from President Trump's recent tax and spending bill.

Agriculture Minister Heath MacDonald and International Trade Minister Maninder Sidhu are meeting with canola groups Wednesday afternoon to discuss China's announcement that it will hit Canada with a 75.

U.S. shoppers looking for fake Christmas trees and holiday decor this year will have fewer choices and face higher prices as tariffs on Chinese imports force retailers to scale back orders as they assess how tight customer budgets are.

China filed a complaint with the World Trade Organization (WTO) over Canadian steel import restrictions on Friday, the commerce ministry said.

U.S. trade talks, Chinese and U.S. officials said they expected the deadline to be extended for another 90 days.

China imposed a 75.8 per cent tariff on Canadian canola seed on Thursday, the latest move in a trade war that’s left the country’s canola industry on edge for nearly a year, and which threatens to further wound the country’s international trade in the oilseed.

The US and China have extended their trade truce for another 90 days, just hours before the world's two biggest economies were set to raise tariffs on imports of each other's goods. On Monday, US President Donald Trump signed an executive order to keep the pause in place until 10 November,

Trump posted on his Truth Social platform that he signed the executive order for the extension, and that “all other elements of the Agreement will remain the same.”

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