Executive Office agency shaping US foreign trade policy
Canada and the United States have resumed intensive talks to avert steep US tariffs that could take effect this week. Ottawa has offered concessions, including removing a retaliatory auto tariff, while Washington has pressed provinces to lift bans on US alcohol and pushed demands on market access and content rules for autos. Negotiators are still finalising details.
Canada has suspended trade talks with the United States after last‑minute changes to a proposed deal, and Prime Minister Mark Carney has said Canada will match new 50% US tariffs "dollar for dollar". Washington has imposed duties on about $20bn of Canadian goods; both sides blame the other for collapsing talks.
The National Payments Corporation of India has announced a 0.4% merchant fee on UPI payments over ₹2,000 for merchants, with caps and exemptions for smaller transactions. The move funds digital-infrastructure and security while sparking debate on adoption costs for businesses.
The White House has removed tariffs on specific Canadian goods — including plywood, packing materials, certain machinery and refrigeration equipment — and will impose duties on other items starting Oct. 30. Senators and businesses in Maine have secured exemptions after lobbying; critics say the move appears timed to help Senator Susan Collins in a tight reelection fight and to blunt local economic pain.
The United States has notified Congress and partner governments that South Africa and Rwanda will lose duty-free access to the US market under AGOA from January 2027. Washington cites barriers to trade, corruption and national security concerns. South Africa warns of job losses in farming and manufacturing and vows to diversify markets while seeking a negotiated solution.