CUSMA’s demise could wipe out 100K Canadian and 200K U.S. jobs: report

CUSMA’s demise could wipe out 100K Canadian and 200K U.S. jobs: report

A new report says 100,000 jobs in Canada and more than 200,000 jobs in the U.S. could be lost if the Canada-U.S.-Mexico trade deal falls apart. It comes as Canada’s top negotiators are once again in Washington trying to work out a trade deal before the Trump administration introduces another round of punishing tariffs on our country. Advocating for cross-border commerce, a new report from the Canadian American Business Council warns 102,000 jobs in Canada may be lost if the CUSMA trade pact dies. And the job losses in the U.S. would be 214,000 next year alone. “If CUSMA was broken, Canada would be facing, in today’s environment, something probably in the range of 10 to 15 per cent on all of our exports … that absolutely would destroy a lot of jobs, and it would be very painful for the United States as well,” said Joseph Steinberg, a University of Toronto economics professor and trade and tariff expert. Manufacturing jobs directly impacted by American...
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How North Korea is earning millions for Kim regime

How North Korea is earning millions for Kim regime

North Korean operatives are using stolen identities, AI-generated documents and US-based facilitators to secure remote IT jobs, generating millions of dollars for Pyongyang while raising security concerns. North Korean operatives are using stolen identities, artificial intelligence and US-based facilitators to secure remote technology jobs at American companies, generating hundreds of millions of dollars for Kim Jong Un’s regime while creating a growing security threat, according to a Wall Street Journal investigation and US officials.The operation has now reached the US government. The FBI is investigating a case involving a North Korean remote IT worker who obtained employment with a US federal agency, highlighting how the scheme can extend beyond private companies and potentially expose sensitive government systems.The FBI has warned that North Korean IT workers can use fraudulent identities and credentials to disguise their real location. US-based facilitators may help receive company laptops and place them at locations known as “laptop farms”, allowing North Korean workers to remotely operate the...
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2A USA investing $32 million in Auburn expansion, creating 50 jobs

2A USA investing $32 million in Auburn expansion, creating 50 jobs

An Italian automotive supplier is making another major investment in Auburn, putting $32 million into an expansion expected to create 50 jobs. Gov. Kay Ivey announced Wednesday that 2A USA will expand its manufacturing facility in Auburn, increasing its capacity to cast and machine complex, large aluminum components for the heavy truck industry. The expansion will strengthen the company’s ability to produce advanced aluminum components in the United States for the North American heavy truck industry. “Advanced manufacturing is a pillar of Alabama’s economy and 2A USA’s presence and growth in our state is a testament to its products and company standards,” Ivey said. “It is also a strong vote of confidence in Alabama’s workforce and our pro-business environment.” The latest investment continues more than a decade of growth for the company in Auburn. 2A USA arrived in Alabama in 2014 when it acquired an existing plant in Auburn Technology Park West. The company invested in die-casting and machining equipment at the facility and followed...
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Productive talks held to boost US investment, create jobs: Mahdi Amin

Productive talks held to boost US investment, create jobs: Mahdi Amin

Prime Minister Tarique Rahman held a meeting with a 50-member delegation of the US-Bangladesh Business Council on Thursday to discuss ways to increase US investment in Bangladesh, create jobs and accelerate economic growth. The meeting was held at the Prime Minister's Office (PMO) in Bangladesh Secretariat around 9:30am. Speaking to reporters after the meeting, PMO Spokesperson Mahdi Amin described the discussions as “highly productive and effective”, saying detailed and positive talks were held on how the US private sector could help boost foreign investment, create new employment opportunities and accelerate Bangladesh's economic progress. PM urges US businesses to ‘invest with confidence’, build long-term partnership Representatives from leading US businesses took part in the meeting, which focused on expanding US investment in Bangladesh and further strengthening the long-standing trade and economic ties between the two countries. ​Mahdi Amin, also Prime Minister’s adviser, said the meeting also discussed how the US private sector could contribute to implementing the government's election manifesto and various policies. The US businesses...
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Productive talks held to boost US investment, create jobs: Mahdi Amin

Productive talks held to boost US investment, create jobs: Mahdi Amin

Prime Minister Tarique Rahman held a meeting with a 50-member delegation of the US-Bangladesh Business Council on Thursday to discuss ways to increase US investment in Bangladesh, create jobs and accelerate economic growth. The meeting was held at the Prime Minister's Office (PMO) in Bangladesh Secretariat around 9:30am. Speaking to reporters after the meeting, PMO Spokesperson Mahdi Amin described the discussions as “highly productive and effective”, saying detailed and positive talks were held on how the US private sector could help boost foreign investment, create new employment opportunities and accelerate Bangladesh's economic progress. PM urges US businesses to ‘invest with confidence’, build long-term partnership Representatives from leading US businesses took part in the meeting, which focused on expanding US investment in Bangladesh and further strengthening the long-standing trade and economic ties between the two countries. ​Mahdi Amin, also Prime Minister’s adviser, said the meeting also discussed how the US private sector could contribute to implementing the government's election manifesto and various policies. The US businesses...
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Productive talks held to boost US investment, create jobs: Mahdi Amin

Productive talks held to boost US investment, create jobs: Mahdi Amin

Prime Minister Tarique Rahman held a meeting with a 50-member delegation of the US-Bangladesh Business Council on Thursday to discuss ways to increase US investment in Bangladesh, create jobs and accelerate economic growth. The meeting was held at the Prime Minister's Office (PMO) in Bangladesh Secretariat around 9:30am. Speaking to reporters after the meeting, PMO Spokesperson Mahdi Amin described the discussions as “highly productive and effective”, saying detailed and positive talks were held on how the US private sector could help boost foreign investment, create new employment opportunities and accelerate Bangladesh's economic progress. PM urges US businesses to ‘invest with confidence’, build long-term partnership Representatives from leading US businesses took part in the meeting, which focused on expanding US investment in Bangladesh and further strengthening the long-standing trade and economic ties between the two countries. ​Mahdi Amin, also Prime Minister’s adviser, said the meeting also discussed how the US private sector could contribute to implementing the government's election manifesto and various policies. The US businesses...
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Union warns US private equity giant over easyJet jobs following £5.7bn takeover

Union warns US private equity giant over easyJet jobs following £5.7bn takeover

X Register for free to receive latest news stories direct to your inbox Register The union Unite has warned private equity firm Apollo that its £5.7bn takeover of easyJet, which is Bristol Airport’s largest operator, must protect jobs and union agreements. The airline accepted Apollo’s offer last week, prompting concern over the future of easyJet’s 19,000 employees. easyJet employs more than 650 crew members at its base in Bristol Airport, which is its largest outside of London. Unite represents thousands of cabin crew at the budget carrier and says it has begun engaging with legal counsel over the deal. Sharon Graham, Unite general secretary, said: “Apollo has made broad statements about growing the business and working with its employees, however these warm words need to be translated into reality. Its growth strategy must translate into well-paid, unionised jobs and existing roles must be protected.” She added: “Our members will always be our top priority at easyJet. Unite is committed to vigorously defending their jobs, pay and terms and...
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Howard Lutnick says auto tariffs are bringing manufacturing jobs to US

Howard Lutnick says auto tariffs are bringing manufacturing jobs to US

Commerce Secretary Howard Lutnick discusses how America is rebuilding its automobile manufacturing industry through policy on 'Kudlow.' Ford is preparing to expand U.S. production of Lincoln vehicles as the automaker moves toward ending imports from China for American customers, a move Commerce Secretary Howard Lutnick highlighted while discussing the Trump administration's push to expand domestic manufacturing. Lutnick joined FOX Business' Larry Kudlow on "Kudlow" to discuss the Trump administration's auto tariffs and efforts to expand domestic manufacturing. U.S. Commerce Secretary Howard Lutnick speaking during a roundtable. (Eric Lee / Getty Images) "They're bringing their manufacturing home," Lutnick said. "Ford is going to rock us with bringing manufacturing back to America."Ford plans to expand U.S. production of Lincoln vehicles beginning in 2030 and eventually stop importing vehicles from China for the luxury brand’s American customers. The company expects the expansion to generate thousands of direct and indirect U.S. jobs, but has not disclosed how much it plans...
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Ontario PCs Protecting Local Jobs from U.S. Tariffs – PC Party of Ontario

Ontario PCs Protecting Local Jobs from U.S. Tariffs – PC Party of Ontario

With President Trump’s tariffs and tariff threats creating uncertainty for workers, businesses and communities across Ontario, Doug Ford and our Ontario PC team are taking action to protect local jobs and strengthen our economy. Our government has put forward $30 billion in tariff relief, supports and measures to help Ontario businesses compete, grow and keep people working. That includes the $40 million Trade-Impacted Communities Program, which is helping communities strengthen their local economies, diversify supply chains and build new trade partnerships. We’re also investing $150 million through the Ontario Together Trade Fund to help Ontario companies expand their capacity, reach new markets and bring critical supply chains back home. Already, the Ontario Together Trade Fund has helped support 89 companies investing nearly $1 billion, protecting and creating more than 10,000 jobs across the province. At a time of global economic uncertainty, Doug Ford and our Ontario PC team are focused on what matters: protecting Ontario workers and their paycheques. That means lowering costs, cutting red tape,...
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