Philippines Says to Sign Troops Pact With Canada
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Canada, Philippines Advance Military Pact Amid China Tensions
Philippines Says to Sign Troops Pact With Canada as Defence Ties Deepen
The Philippines and Canada are set to sign a Status of Visiting Forces Agreement (SOVFA) after negotiations aimed at enhancing defence and security cooperation between the two nations, Manila's defence ministry said on Friday.
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Philippines set to sign visiting forces deal with Canada
Beijing retaliated with tariffs on many U.S. farm exports, and Justin Trudeau said Canada would slap tariffs on $100 billion of American goods over the next 21 days.
Beijing retaliated with tariffs of up to 15% on a wide array of U.S. farm exports. It also expanded the number of U.S. companies subject to export controls and other restrictions by about two dozen. In an address to Congress Tuesday night,
Beijing pledged to retaliate after Trump said the U.S. would slap another 10% tariff increase on Chinese goods starting next Tuesday, March 4. Trump also said Thursday 25% tariffs on goods from Canada and Mexico will go into effect on Tuesday after a one-month pause.
Oil prices fell to multi-month lows on Tuesday after reports of OPEC+ plans to proceed with output increases in April while further price pressure was applied by U.S. tariffs on Canada, Mexico and China as well as Beijing's retaliatory tariffs.
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Daily Post Nigeria on MSNChina to grow relations with Canada on basis of mutual respectChina has said that it would continue to grow bilateral relations with Canada on the basis of mutual respect and equality. The Chinese foreign ministry stated this after Mark Carney won the race to lead Canada’s ruling party and become the next prime minister.
Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.
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The Punch on MSNChina congratulates Carney on becoming Canada’s next PMChina on Monday congratulated Mark Carney after he won the leadership of Canada's Liberal Party, paving the way for him to become the country's next prime minister.
Canola slid by the exchange limit after Beijing slapped tariffs on Canadian rapeseed oil and meal in retaliation to the North American nation’s levies on Chinese-made electrics vehicles, steel and aluminum.
Initially, his administration imposed a blanket 25 percent tariff on trade with Canada, excluding certain energy products, and 25 percent on Mexico. However, some of these were later suspended for one month. Trump also placed an additional 10 percent tariff on trade with China.
Prime Minister Justin Trudeau of Canada warned that the Trump administration’s tariffs were leading to a trade war. Mexico’s leader vowed to impose countermeasures on Sunday.
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