financializer news A weblog highlighting financial topics making news in the international media.

african nation: A tourist takes photos of a male silverback mountain gorilla in Volcanoes National Park, northern Rwanda, according to The Toronto Star. Conservation is big business in the East African nation where tourism is the top foreign exchange earner. Earlier this year the WWF conservation group said the mountain gorilla subspecies was making a comeback, with numbers above 600 from an estimated 480 in 2010 in the Virunga Massif, a mountainous area encompassing parts of Rwanda, Uganda and Congo. Ben Curtis / The Associated Press In Rwanda's Volcanoes National Park, tourists routinely trek to see gorillas in their natural habitat. In May 2017 the government doubled the price of a permit to visit the gorillas from 750 to 1,500, making the fee the highest in the region. Conservation is big business in the East African nation, where tourism is the top foreign exchange earner. (news.financializer.com). As reported in the news.

bond investors: Source Bloomberg react-empty 248 More From Bloomberg Real Yield22 26'Bloomberg Real Yield' Full Show Thiel Says the Fed Has Found Its 'Happy Place'06 46Italy's Populist Budget Draws Concern From EU, Bond Investors22 26'Bloomberg Real Yield' Full Show 09/21/2018 All episodes and clips Bloomberg Markets Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens, according to Bloomberg. More episodes and clips01 45 56'Bloomberg Markets The Close' Full Show 9/28/2018 01 53How LVMH's New Designer Might Shift the Luxury Landscape01 28How Alexiam's Connor Is Trading GW Turbulence Not Impacting U.S. Bonds, Eaton Vance's Gaffney Says Quick Take Explaining the world with Bloomberg News More episodes and clips02 43It's Getting Harder to Spot a Deep Fake Video03 15Why Japan's Women Problem Is So Hard to Fix02 35Quantum Computing Is One Step Closer to Reality02 08China Could Soon Become the Detroit of Electric Cars The David Rubenstein Show The David Rubenstein Show Peer-to-Peer Conversations explores successful leadership through the personal and professional choices of the most influential people in business. Diana Amoa, fixed income portfolio manager at JPMorgan Asset Management, Scott Thiel, deputy CIO of global fundamental fixed income at Black Rock, and Colin Robertson, head of fixed income at Northern Trust Asset Management, talk with Bloomberg's Jonathan Ferro about emerging markets, high-yield bonds and Treasury yields turning negative for European and Japanese buyers. More episodes and clips48 11The David Rubenstein Show Jeff Bezos24 03The David Rubenstein Show Dr. Jim Yong Kim24 05The David Rubenstein Show Oscar Munoz24 02The David Rubenstein Show Dennis Muilenburg See all shows (news.financializer.com). As reported in the news.

bond portfolios: Italy's new government proposed a 2019 budget with a deficit three times bigger than the previous administration's target, sparking a sell-off in shares in Italian banks, whose big sovereign bond portfolios make them sensitive to political risk, according to Nine News Australia. Yields on the benchmark 10-year Treasury bonds ticked lower and weighed on the shares of US lenders, with Goldman Sachs, Wells Fargo and Bank of America trading down between 0.30 per cent and 0.50 per cent before the bell. To improve your experience update it here News World Futures dip as Italy's deficit woes weigh9 55pm Sep 28, 2018Facebook Tweet MailUS stock index futures dipped on Friday, the last trading day of the third quarter, on worries over Italy's proposed budget, with investors keeping a close eye on a potential trade deal between the United States and Mexico. The Italian deficit situation is leaning on stocks futures causing the yield curve to narrow and putting upward pressure on the greenback, Peter Cardillo, chief market economist at Spartan Capital Securities in New York, wrote in a note. President Donald Trump, who wants major changes to the NAFTA, has already wrapped up a deal with Mexico and is due to publish the text on Friday. Also weighing was a pullback in the so-called FAANG group of stocks - Facebook, Apple, Amazon, Netflix and Google-Parent Alphabet - which led a rally on Wall Street on Thursday. (news.financializer.com). As reported in the news.

control: Johnson quit the government in July, citing his opposition to the prime minister's plan for close regulatory and economic ties with the European Union after Britain's departure, according to Nine News Australia. He told the BBC in an interview on Friday that May's proposal doesn't take back control, it relinquishes control . May's plan forfeits control because it means accepting EU rules, Johnson said. To improve your experience update it here News World Boris Johnson won't rule out PM challenge3 36am Sep 29, British foreign secretary Boris Johnson says Prime Minister Theresa May's blueprint for Brexit would be a political and economic disaster and he refused to rule out trying to replace her. He advocates a looser Canada-style agreement that would leave Britain freer to strike new international trade deals. Britain's governing Conservatives are deeply divided over how to proceed. With six months to go until Britain leaves the EU on March 29, negotiations on the terms of the divorce are at a standstill. (news.financializer.com). As reported in the news.

dow jones: The S&P/TSX composite index was down 58.39 points at 16,146.23, according to The Toronto Star. Aaron Vincent Elkaim / THE CANADIAN PRESS U.S. markets were essentially flat. The S&P/TSX composite index closed down 131.48 points to 16,073.14. In New York, the Dow Jones industrial average gained 18.38 points to 26,458.31. The Canadian dollar traded higher at 77.25 U.S. compared with an average of 76.66 cents U.S. on Thursday after the Canadian economy grew faster than expected in July, boosting the expectations that the Bank of Canada would raise its key interest rate next month. The S&P 500 index was down 0.02 to 2,913.98, while the Nasdaq composite ws up 4.38 points to 8,046.35. (news.financializer.com). As reported in the news.

government: The Italian government on Thursday targeted a budget deficit of 2.4 per cent of gross domestic product GDP for the next three years, marking a victory for party chiefs over economy minister Giovanni Tria, an unaffiliated technocrat, according to Nine News Australia. The deficit, though within the prescribed EU limit of three per cent of GDP, is a concern for investors who fear the anti-establishment government is not committed to tackling its huge debt load. To improve your experience update it here News World Italy budget worries hit European markets9 52pm Sep 28, government bonds, European stock markets and the euro have been hit hard after Rome agreed to set a higher than expected budget deficit target that could put it on a collision course with Brussels. Italy's debt-to-GDP ratio stands at about 130 per cent, the highest in the euro zone behind Greece. Shares in Italian banks were down 7.5 per cent. European shares fell 0.8 per cent, with shares in Italian banks - whose big sovereign bond portfolios make them sensitive to political risk - bearing the brunt of selling pressure. (news.financializer.com). As reported in the news.

investors: It takes confidence, even courage, to grow alternatives, according to The Guardian. Similarly, media reporting on alternatives takes effort, reaching outside of the bubble of the stock market ticker tape and corporate PR. One example, the community shares model for co-ops, with over 100,000 member investors, has been a game-changer. The business environment we trade in tends to assume that companies are investor-owned, and operating against that default incurs cost and risk. Community energy, village shops, community-owned pubs and new online platform co-ops are reinventing capital markets on a local, human scale. In each case, there are extraordinary stories of people coming together, stories of setbacks and scandals of the neglect of communities by powerful institutions. The same is true for every other part of the economy, from housing and work to trade and innovation. (news.financializer.com). As reported in the news.

official incompetence: This is not the HBO series and there are no dragons, according to The Guardian. It is Northern Ireland's cash-for-ash scandal, a farrago of official incompetence and alleged corruption relating to a renewable heat initiative RSI scheme which has paralysed the region's politics as Brexit looms. There is a vacant throne, a beleaguered female leader surrounded by backstabbers, a kingdom with a deep treasure chest across the sea and the risk that everything will be reduced to ash. The former first minister Arlene Foster appeared at a public inquiry this week to rebuff accusations that she was to blame for a fiasco which led to the collapse Northern Ireland's power-sharing government, and which may cost taxpayers hundreds of millions of pounds. The televised testimony in a hushed, marbled chamber at Stormont, marked an attempt to stop her leadership of the Democratic Unionist party, and by extension her sway over Theresa May's government, which relies on DUP votes in Westminster, going up in smoke. I'm accountable but I'm not responsible, Foster said when asked about a special adviser's possible criminal conduct. (news.financializer.com). As reported in the news.

rice stew: The facility serves free lunches three times a week to supplement the diets of around 80 people in the neighbourhood most of them youngsters, according to The Toronto Star. But as Argentina's economic turmoil intensifies, that's no longer enough. On a recent day, she was preparing a chicken and rice stew in a huge aluminum pot. The children came yesterday holding their plates, but we were not serving, she said. The trickle-down effects of the economic crisis are clear in another shantytown known as Danubio Azul Blue Danube where the community kitchen provides meals with the help of government aid and funds raised by local women. Aerial view of Villa Zavaleta shantytown in Buenos Aires, on September 24, 2018. (news.financializer.com). As reported in the news.

television: People as young as 17 can apply, while a grade 6 in GCSE maths and three Cs or equivalent in any subject at A-level are required, according to The Guardian. Whitehall has struggled in recent years to shift its reputation as a stuffy institution best characterised by the 1980s television series Yes Minister. An Oxbridge-educated maths genius might be the stereotypical candidate for a role advising ministers on economics in Whitehall, but the civil service wants to find 75 young people from all walks of life to take the positions instead. The wider economics profession has also faced sharp criticism of its perceived groupthink tendencies and for being toowedded to neoclassical economic models, with particular focus on the way economics is taught at university. The latest available figures show that 53.9% of civil servants are women, while the proportion of ethnic minority and disabled staff is just below that of the national average, at 12% and 10%. More work is however required to boost diversity in some occupations and particular departments, including the Treasury. Who gets on to the civil service fast stream Read more Progress has been made in the civil service, which is attempting to become the most inclusive employer in Britain by 2020. (news.financializer.com). As reported in the news.

district court: The SEC filed a lawsuit that seeks to bar Tesla CEO Elon Musk from serving as an executive or director of publicly traded companies, according to The Toronto Star. Luis Sinco / Tribune News Service file photo The complaint filed in U.S. District Court in Manhattan says that Musk had not discussed or confirmed key deal terms including price with any funding source. The Securities and Exchange Commission says in the complaint filed Thursday that Musk falsely claimed in an Aug. 7 statement on Twitter that funding was secured to go private at 420 U.S. per share, a substantial premium over the price at the time. It also asks for an order enjoining Musk from making false and misleading statements along with repayment of any gains as well as civil penalties. An officer's celebrity status or reputation as a technological innovator does not give license to take those responsibilities lightly. Corporate officers hold positions of trust in our markets and have important responsibilities to shareholders, Steven Peikin, co-director of the SEC's Enforcement Division, said in a statement. (news.financializer.com). As reported in the news.

files: COLE BURSTON / THE CANADIAN PRESS He hasn't even been in office three months and is presumably still trying to catch up on all his files, according to The Toronto Star. But he thinks he knows enough to shoot down six years of work by Canada's securities regulators while at the same time making a mockery of his party's For The People slogan. CARP, which represents Canada's 50-plus community, has expressed grave concerns over Vic Fedeli's decision to block a proposed ban on certain fund fees. Let me back up a little here. Each province and territory has its own securities commission or the equivalent, with different priorities and dynamics. When it comes to regulating our securities industry, Canada is a patchwork quilt of jurisdictions. (news.financializer.com). As reported in the news.

england: The nine other cities that will be used for games are Cologne, Dortmund, D sseldorf, Frankfurt, Gelsenkirchen, Hamburg, Leipzig, Munich and Stuttgart, according to The Guardian. Gareth Southgate set to sign contract to stay as England manager until 2022Read more This is Turkey's fourth defeat in the past five Euro bidding races. Berlin's Olympic Stadium will host the final of the 24-team tournament, with 51 games scheduled for up to 32 days in June and July. It had been hoping to mark the republic's 100th anniversary in 2024 by staging its first major international football tournament. The country's human-rights record was also flagged up by a Uefa evaluation report. Whereas Germany's hotel stock, stadiums and transport infrastructure are in place and of high quality, Turkey's bid was marked down for needing to upgrade airports, railways, roads and stadiums, particularly at a time when its economy is struggling. (news.financializer.com). As reported in the news.

greece speculation: Tria, an academic who is not affiliated to either party, had been seeking a more conservative 1.9% in order to avoid adding to Italy's debt pile, which currently stands at around 131% of GDP, the second highest in the eurozone after Greece, according to The Guardian. Speculation that Tria would resign has been denied. italy budget There is an accord within the whole government for 2.4%, we are satisfied, this is a budget for change, Di Maio and Salvini said in a joint statement. The economy minister Giovanni Tria succumbed to pressure from the government's two deputy prime ministers Luigi Di Maio, the leader of the anti-establishment Five Star Movement M5S and Matteo Salvini, who heads up the far-right League to increase the target in order to pay for election campaign promises such as a universal basic income, flat tax and pension reforms. Di Maio wrote on Facebook that the agreement marked a historic day and was a victory for Italian citizens, not the government. For the first time in the history of this country we will erase poverty thanks to the basic income, he said. The means-tested basic income, which will cost 10bn, was a key feature of his party's election campaign. (news.financializer.com). As reported in the news.

job market: The Fed, as expected, raised interest rates on Wednesday, and left its monetary policy outlook for the coming years largely unchanged amid steady economic growth and a strong job market, adding it did not expect any surprises on inflation, according to Nine News Australia. Although the central bank's statement marked the end of the era of accommodative monetary policy, Fed Chairman Jerome Powell downplayed the significance of the change saying the policy was still generally accommodative. To improve your experience update it here News World Futures edge higher as Fed's move digested10 04pm Sep 27, 2018Facebook Tweet MailUS stock index futures have edged higher on the back of high-flying companies such as Apple and Amazon, while investors assessed the Federal Reserve's policy statement. The indices are pointing to higher opening after the Fed clearly indicated that more rates hikes are on their way, Peter Cardillo, chief market economist at Spartan Capital Securities in New York, wrote in a note. Shares of Apple rose 1.1 per cent in pre-market trading after JP Morgan started coverage with an overweight rating, citing the iPhone maker's quicker-than-expected move to a services business. The action taken by the Fed was no surprise, as the era of an accommodative policy moves rates to normality. (news.financializer.com). As reported in the news.

months: Senior economists are, however, warning there is a lull before the storm with little more than six months until the UK formally leaves the EU. Writing in the Guardian, Andrew Sentance, a former member of the Bank of England's interest rate-setting monetary policy committee, said If Brexit negotiations do go badly, there could be a sharp downward correction in the UK economy in the first half of next year, according to The Guardian. Things don't look too bad now, but hold onto your hats as we move from autumn into winter. The latest snapshot suggests a disconnect between the economy and the political process, as Theresa May dealt with cabinet resignations over her Chequers plan. It could get choppy in the next few months. Some companies have also made plans to stockpile goods amid concerns over border delays. Sign up to the daily Business Today email or follow Guardian Business on Twitter at Business Desk Threadneedle Street has begun to identify shifting patterns of behaviour in the UK economy as businesses put investment on hold and reallocate spending to the continent rather than Britain. (news.financializer.com). As reported in the news.

sa treasurer: The agency says the improvement from AA is based on the state's stable economic outlook and the expectation of sustained budget surpluses, according to Nine News Australia. An upgraded credit rating to AA sends a clear message to global markets and potential investors that South Australia is open for business, SA Treasurer Rob Lucas said on Friday. To improve your experience update it here News National South Australia credit rating improves9 50am Sep 28, Australia's long-term credit rating has been lifted to AA by ratings agency Standard & Poor's. Mr Lucas said the increase also backed the state's focus on better services, lower costs and job creation. AAP 2018Continue reading South Australia PoliticsCONTACT USSend your photos, videos and stories to 9News News The picturesque region where locals have a holiday lifestyle all year round - domain.au Top Stories Pregnant woman, unborn twins and learner driver killed in horrific crash2 hours ago Digital gold Everything you need to know about Bitcoinan hour ago West Coast surge to stunning victory Indonesian earthquake and tsunami death toll jumps to at least 3842 hours ago Earlier this month, the treasurer delivered the new government's first budget, which forecasts a modest 48 million surplus for 2018/19, rising to 211 million by 2021/22. (news.financializer.com). As reported in the news.

show: Hosted by Emily Chang, according to Bloomberg. More episodes and clips45 55'Bloomberg Technology' Full Show 9/28/2018 06 42FTC Could've Prevented Facebook Data Breach, EPIC President Rotenberg Says05 14L.A. Times Owner Patrick Soon-Shiong on Zinc Batteries and the 'Cancer' of Fake News05 42Japan Takes the First Step Toward Asteroid Mining The David Rubenstein Show The David Rubenstein Show Peer-to-Peer Conversations explores successful leadership through the personal and professional choices of the most influential people in business. Source Bloomberg react-empty 259 Quick Take Explaining the world with Bloomberg News More episodes and clips02 43It's Getting Harder to Spot a Deep Fake Video03 15Why Japan's Women Problem Is So Hard to Fix02 35Quantum Computing Is One Step Closer to Reality02 08China Could Soon Become the Detroit of Electric Cars Bloomberg Technology The only daily news program focused exclusively on technology, innovation and the future of business from San Francisco. More episodes and clips48 11The David Rubenstein Show Jeff Bezos24 03The David Rubenstein Show Dr. Jim Yong Kim24 05The David Rubenstein Show Oscar Munoz24 02The David Rubenstein Show Dennis Muilenburg See all shows (news.financializer.com). As reported in the news.

sign contracts: Sales agents struggled to find flat surfaces on which to sign contracts, as investors and first-time home buyers clamoured to get in on the ground floor of one of the region's most anticipated new developments, according to The Toronto Star. Tong Thomas Liu, head of LeMine Investment Group, is a developer who dreams big but can't seem to get anything built. Inside, the office was cramped like a concert venue. He admits his lack of experience has led to some mistakes, but he says his intentions were always noble. Two-and-a-half years later, ground has yet to be broken, the project is mired in litigation and frustrated purchasers are asking for their deposits back. Lemine Group/You Tube The frenzy continued for three straight weekends and Central Park Ajax was sold out in less than a month. (news.financializer.com). As reported in the news.

wiley park: Cybercrime Squad detectives allege the pair, a man aged 32 and a woman, 29, from Wiley Park in Sydney started up 45 companies as well as opening numerous bank accounts to receive cash deposits investigators will allege were the proceeds of crime, according to Nine News Australia. More than 300,000 was transferred to digital currency and distributed into cryptocurrency accounts offshore, police allege. To improve your experience update it here News National Couple charged over cryptocurrency laundering worth 300kBy Sarah Swain3 26pm Sep 27, 2018Facebook Tweet MailA couple have been charged over cryptocurrency laundering totalling 300,000. Cybercrime Squad detectives allege the couple from Wiley Park in Sydney started up 45 companies as well as opening numerous bank accounts to receive cash deposits investigators will allege were the proceeds of crime. Supplied They pair have also been charged over alleged ID fraud and were taken to Campsie Police Station at 6.30am today. Supplied More than 300,000 was transferred to digital currency and distributed into cryptocurrency accounts offshore, police allege. (news.financializer.com). As reported in the news.

housing policy: THE CANADIAN PRESS FILE PHOTO But sales of all home types were down from the 10-year average 80 per cent on the single family side of the industry and 28 per cent for condos and stacked townhouses, according to The Toronto Star. Re-sale homes appear to be recovering from the market chill that followed the introduction of the Ontario Fair Housing policy in April 2017, new mortgage restrictions and higher lending rates. The number of single-family home sales a category that includes detached, semi-detached and townhouses rose 50 per cent last month, while condo sales took a slight dip by 1 per cent, according to the Building and Land Development association BILD . The number of single-family home sales a category that includes detached, semi-detached and townhouses rose 50 per cent in August, while condo sales took a slight dip by 1 per cent. But new home consumers are still feeling cautious, said David Wilkes, CEO of BILD. The economy is in this state of uncertainty, there's a lot of things that are causing people to take a pause, he said, citing the lingering effects of the new housing policies and Canadian trade negotiations with the U.S. Article Continued Below We are in this period of adjustment. What we've seen on the re-sale side are early indications that people are regaining their confidence to make the big purchases such as a home, said Wilkes. We're expecting to see the market rebound. (news.financializer.com). As reported in the news.

jooste hours: Source Bloomberg react-empty 338 More From Daybreak Asia01 40 12Bloomberg Daybreak Asia - Full Show 09/28/18 5 hours ago02 29Worst Is Probably Over for Emerging Markets, Says Bank of Singapore's Jooste10 hours ago02 09Rates Hiked in Indonesia and Philippines11 hours ago02 41Trade Tensions Have Created Opportunity in EM, Says First Franklin's Ewing12 hours ago All episodes and clips Bloomberg Markets Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens, according to Bloomberg. More episodes and clips12 27Central Bank of Ireland Governor on Italy's Budget, European Growth04 29Political Concerns Stop Europe From Matching U.S. Rally05 41RBI Said to Plan Meeting with IL&FS the Health of the Chinese the world with Bloomberg News More episodes and clips02 43It's Getting Harder to Spot a Deep Fake Video03 15Why Japan's Women Problem Is So Hard to Fix02 35Quantum Computing Is One Step Closer to Reality02 08China Could Soon Become the Detroit of Electric Cars The David Rubenstein Show The David Rubenstein Show Peer-to-Peer Conversations explores successful leadership through the personal and professional choices of the most influential people in business. He speaks with Haidi Stroud-Watts and Shery Ahn on Bloomberg Daybreak Asia. More episodes and clips48 11The David Rubenstein Show Jeff Bezos24 03The David Rubenstein Show Dr. Jim Yong Kim24 05The David Rubenstein Show Oscar Munoz24 02The David Rubenstein Show Dennis Muilenburg See all shows (news.financializer.com). As reported in the news.

oil industry: Or so you might imagine, if you follow the technology news, according to The Guardian. So how come oil production, for the first time in history, is about to hit 100m barrels a day How come the oil industry expects demand to climb until the 2030s How is it that in Germany, whose energy transition Energiewende was supposed to be a model for the world, protesters are being beaten up by police as they try to defend the 12,000-year-old Hambacher forest from an opencast mine extracting lignite the dirtiest form of coal Why have investments in Canadian tar sands the dirtiest source of oil doubled in a year The answer is, growth. We can now leave fossil fuels in the ground and thwart climate breakdown. There may be more electric vehicles on the world's roads, but there are also more internal combustion engines. It doesn't matter how many good things we do preventing climate breakdown means ceasing to do bad things. There be more bicycles, but there are also more planes. (news.financializer.com). As reported in the news.

p tsx: The Canadian dollar traded lower at 77.10 cents U.S. compared with an average of 77.23 cents U.S. on Tuesday, according to The Toronto Star. JONATHAN HAYWARD / THE CANADIAN PRESS In New York, the Dow Jones industrial average was up 58.12 points at 26,550.33. The S&P/TSX composite index was up 62.13 points at 16,221.63. The S&P 500 index was up 6.57 points at 2,922.13, while the Nasdaq composite was up 22.61 points at 8,030.08. The November crude contract was down 40 cents at 71.88 U.S. per barrel and the November natural gas contract was down 0.6 of a cent at 3.05 U.S. . Article Continued Below The December gold contract was down 6.30 U.S. at 1,198.80 U.S. an ounce and the December copper contract was up 1.20 cents at 2.83 U.S. a pound. The Canadian dollar traded lower at 77.10 cents U.S. compared with an average of 77.23 cents U.S. on Tuesday. (news.financializer.com). As reported in the news.

prize: The NT Tourism campaign, which partners with betting company Bet Easy, sees barramundi fitted with red tags and released back into the wild and if caught, they come with a cash prize, according to Nine News Australia. In the previous three seasons, 101 fish have been released 100 with 10,000 tags while one carries the prize of 1 million. To improve your experience update it here News National Million Dollar Fish More chances for anglers to win big By Kathleen Gazzola Chief of Staff and Political Journalist4 53pm Sep 26, a million new reasons to head to the Top End of the Northern Territory, with the official launch of the Million Dollar Fish competition. But for the fourth season the odds have gotten better - as well as 100 opportunities to take home 10,000, there's now five chances to win 1 million with five fish fitted with unique numbers. That bounty will be split between angler and shared with one of three NT specific charities - NT Cancer Council, Darwin Star Ball and Matthew Hayden's Indigenous Junoir Guides Program. There'll also be 20 fitted with purple tags worth 5000. (news.financializer.com). As reported in the news.

press conference: US President Donald Trump speaks during a press conference on September 26, 2018, on the sidelines of the United Nations General Assembly UNGA in New York, according to The Toronto Star. Trump says he rejected a request for a one-on-one NAFTA meeting with Prime Minister Justin Trudeau this week because Canada's tariffs are too high and the country's trade negotiators have refused to budge. Trump also appeared to take a rare shot at Foreign Affairs Minister Chrystia Freeland, Canada's chief representative in the trade negotiations, and repeated his threat to impose tariffs on Canadian-made cars, saying that this would be even better than making a trade deal with Canada. NICHOLAS KAMM / AFP/GETTY IMAGES We are very unhappy with the negotiations and the negotiating style of Canada. They've taken advantage I love Canada, by the way ... so many friends ... but that has nothing to do with this. We don't like their representative very much, Trump said at a Wednesday news conference, although he did not specify who he was talking about. (news.financializer.com). As reported in the news.