Financing demand in global trade markets grows as Canadian companies diversify amid tariffs

News Snapshot:

Open this photo in gallery: Though Carney is optimistic he can reach a deal that lifts all of Trump's tariffs before the end of July, Canadian businesses are already diversifying their operations beyond the U.S.Stefan Rousseau/Reuters Prime Minister Mark Carney is eager to have all U.S. tariffs lifted before the end of the month, but Canadian businesses are already turning away from their biggest trade partner by launching operations in other countries and setting up financing arrangements to enter new export markets. To work around U.S. President Donald Trump’s whipsawing tariff policies, businesses are renegotiating supplier contracts, establishing new facilities...