Latest news with #trade dispute
Phone Arena
17 hours ago
- Phone Arena
Galaxy Z Fold 8 may lose a key upgrade – but not by choice
The Galaxy Z Fold 7 just got announced not too long ago and is still in pre-order, but things never stop in the rumor world. Now, a new report coming from Korea is claiming that Samsung may be rethinking its strategy for the Galaxy Z Fold 8, next year's champion foldable. And, actually, Samsung may be looking at a Galaxy Z Fold 7 , just like the Galaxy Z Fold Special Edition, features a titanium backplate that supports the foldable display. There's a better structural rigidity thanks to it, more than in previous models. However, the report indicates Samsung may already be thinking of replacing it with an inferior material. Samsung may reportedly go back to using carbon fiber-reinforced plastic (CFRP) backplate with the Galaxy Z Fold 8. It was used in all Fold models since the Galaxy Z Fold 3, until this year. The original Fold models had a stainless steel backplate. The downgrade could be due to the scarcity of materials, actually. The report claims that Samsung may have a harder time getting titanium from Chinese suppliers than CFRP. Titanium supply is problematic because of the US-China trade dispute as well. The Galaxy Z Fold 7. | Image Credit - PhoneArena This pretty much means that the Z Fold 8 may not have a titanium backplate, and not entirely because of Samsung wanting it this way. Using titanium in the Fold 7 helped Samsung go for a thinner and lighter profile while keeping rigidity. Now, there's a chance the Fold 8 may not be like all that, though, it's still really early to know for sure what will happen. Samsung should be making a decision relatively soon about its next year's product, however. We'll see where it goes! I personally think that the Z Fold 7 is exceptional with its new thin and modern look. I'd be somewhat disappointed if Samsung took a step back with the Fold 8. The titanium really makes it feel premium and solid. Hopefully, Samsung finds a way to keep that same level of quality. But hey, it's still early – fingers crossed Samsung surprises us in a good way!
National Post
a day ago
- Business
- National Post
Trump could crush Canada's softwood exports. Here's how a new crisis could play out
WASHINGTON, D.C. — The Canada-U.S. softwood lumber trade relationship has dealt with ups and downs, disputes and resolutions, for decades. Anxiety for Canadian exporters is reaching a fever pitch again as the U.S. threatens to more than double softwood lumber duties and add even steeper tariffs under a national security investigation. Article content Canadian foresters, mills, and governments that enjoy taxes, economic spinoffs and stumpage fees from Crown land will feel the pain if they lose too much access to the massive U.S. market. But larger producers have been preparing for just this kind of contingency and have cleverly hedged their bets, building capacity in the U.S., where they can sell as much as they want to Americans, tariff-free. Article content Article content Canadian firms will soon receive word from the U.S. Commerce Department's Sixth Administrative Review (AR6) of U.S. countervailing and anti-dumping duties on Canadian softwood lumber exports, with the rate expected to jump from around 14 per cent to roughly 34 per cent. For Canfor, the Vancouver-based lumber giant selected as a mandatory respondent in the AR6 review, it will be even worse. Its duties are calculated based on its own shipments and prices, not an industry average, like it is for other companies. Article content Article content Then there's the threat of tariffs from President Donald Trump's ongoing national security investigation of Canadian lumber imports under Section 232 of the Trade Expansion Act, which he ordered in March and is due late this year. Currently, lumber shipments are exempted from Trump's baseline tariffs, because they're covered by the U.S.-Mexico-Canada trade deal (USMCA), but that could soon change based on the findings of the 232 probe. Article content Article content National Post breaks down the position of the two countries, what the impacts could be, and how Canadian producers are trying to mitigate the potential damage of punitive trade barriers. Article content Article content The U.S. Lumber Coalition is playing for keeps. It backs higher anti-dumping duties and tariffs for what it sees as a subsidized domestic industry. It claims Canadian producers don't pay market rates for stumpage because their forests are publicly owned and provincial governments set the stumpage rates, while U.S. producers face higher market rates. But it doesn't stop there: the U.S. coalition also wants to see Canada's U.S. market share significantly chopped. Article content Miller isn't shy about the goals: 'A countrywide quota with no exemptions and no carveouts, and a single-digit market share' for Canadian lumber. Article content Today, Canada has a 25 per cent market share, with exports of 12 billion feet of softwood lumber to the U.S. each year, according to the coalition. Softwood lumber accounts for about 7.5 per cent of Canadian exports; in 2023, the U.S. was the destination for 68 per cent of those forestry products. The whole industry is worth about $33.4 billion in sales annually and employs more than 200,000 workers across Canada, according to a report this year from RBC.
Reuters
3 days ago
- Business
- Reuters
US threatens Mexican airline flights over cargo, competition issues
WASHINGTON, July 19 (Reuters) - The Trump administration said on Saturday it is taking a series of actions against Mexico over the Mexican government's decisions to rescind some flight slots for U.S. carriers and force U.S. cargo carriers to relocate operations in Mexico City. U.S. Transportation Secretary Sean Duffy said in a statement the department could disapprove flight requests from Mexico if the government fails to address U.S. concerns over decisions made in 2022 and 2023. The department is also proposing to withdraw antitrust immunity from the Delta Air Lines (DAL.N), opens new tab joint venture with Aeromexico to address competitive issues in the market. Mexico is the most popular international destination among U.S. airline travelers. Delta said if the U.S. Department of Transportation withdraws approval it "would cause significant harm to consumers traveling between the U.S. and Mexico, as well as U.S. jobs, communities, and transborder competition." The Transportation Department said Mexico has not been in compliance with a bilateral air agreement since 2022 when it abruptly rescinded slots and then forced U.S. all-cargo carriers to relocate operations in 2023. Mexico's Transport Ministry and major Mexican airlines, including Aeromexico, could not be immediately reached for comment. Duffy said Mexico was expected to complete construction to alleviate congestion at Mexico City's Benito Juarez International Airport (MEX), but that has yet to materialize three years later. "By restricting slots and mandating that all-cargo operations move out of MEX, Mexico has broken its promise, disrupted the market, and left American businesses holding the bag for millions in increased costs," the department said. The USDOT also said it could take action against European countries over limitations at airports. "We are monitoring European States to ensure that they apply the Balanced Approach process for noise abatement at their airports and do not implement unjustified operational restrictions," the department said. The Transportation Department issued a pair of orders requiring Mexican airlines to file schedules with the department for all their U.S. operations by July 29 and requiring prior U.S. approval before operating any large passenger or cargo aircraft charter flights to or from the United States. "Mexico has altered the playing field significantly for airlines in ways that reduce competition and allow predominant competitors to gain an unfair advantage in the U.S.-Mexico market," the department said. "Mexico's actions harm airlines seeking to enter the market, existing competitor airlines, consumers of air travel and products relying on time-sensitive air cargo shipments traded between the two countries, and other stakeholders in the American economy.' If the U.S. rescinds antitrust approval for Delta and Aeromexico, they would be required to discontinue cooperation on common pricing, capacity management, and revenue sharing, but Delta would also be able to retain its equity stake in Aeromexico, maintain all of its existing flying in the U.S.-Mexico market unimpeded and continue a partnership.
RNZ News
4 days ago
- Business
- RNZ News
NZ reaches deal with Canada after dairy trade dispute
Fonterra is pleased to see the end of a long running trade dispute involving NZ and Canada. Fonterra global external affairs director Simon Tucker spoke to Charlotte Cook.
Yahoo
11-07-2025
- Business
- Yahoo
RingCentral, Monday.com, Semrush, AppLovin, and Angi Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after the Trump administration announced intentions to impose a 35% tariff on many goods imported from Canada. This move is far more than a typical trade dispute; it targets the United States' largest and most deeply integrated trading partner. Canada is not merely a neighbor but a critical component of North American supply chains, particularly in sectors like automotive, energy, and critical minerals. This move has sparked concerns about potential retaliatory actions and a wider impact on the North American economy, leading to a risk-off sentiment among investors. The S&P 500, Dow Jones Industrial Average, and Nasdaq all opened lower, pulling back from recent record highs and heading for their first weekly loss in three weeks. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Video Conferencing company RingCentral (NYSE:RNG) fell 4.5%. Is now the time to buy RingCentral? Access our full analysis report here, it's free. Project Management Software company (NASDAQ:MNDY) fell 5.4%. Is now the time to buy Access our full analysis report here, it's free. Listing Management Software company Semrush (NYSE:SEMR) fell 4.7%. Is now the time to buy Semrush? Access our full analysis report here, it's free. Advertising Software company AppLovin (NASDAQ:APP) fell 3.1%. Is now the time to buy AppLovin? Access our full analysis report here, it's free. Gig Economy company Angi (NASDAQ:ANGI) fell 4%. Is now the time to buy Angi? Access our full analysis report here, it's free. shares are very volatile and have had 29 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. is up 23.2% since the beginning of the year, but at $284.61 per share, it is still trading 13.2% below its 52-week high of $327.92 from February 2025. Investors who bought $1,000 worth of shares at the IPO in June 2021 would now be looking at an investment worth $1,591. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
