News Summary

• Big Swiss businesses negotiated a tariff deal after their government had failed.
• Maybe Canadian businesses should try to end the stalemate.
• Canada’s business sector can’t twiddle its thumbs waiting for a deal that could take two or three years.
• The U.S. was the major recipient — by far — of foreign direct investment, attracting 45 per cent of total OECD inflows.
• The effects are now clear: Stellantis has suspended electric jeep production and Ford has halted electric van production in Canada.