Trump's Victory Raises Canada-US Trade Concerns

Donald Trump's return to the White House will involve setting up a new administration distinct from his previous term, following his victory over Kamala Harris. Canadian Prime Minister Justin Trudeau congratulated Trump, emphasizing the significant trade relationship between Canada and the U.S., while acknowledging past challenges during Trump's first term, such as tariffs. Canadian leaders have expressed readiness for Trump's policies but avoided detailing responses to potential economic impacts like new tariffs. The U.S. election has caused a 'wait-and-see' approach among businesses, with many delaying major projects until post-election clarity. Concurrently, Andy Kim made history as the first Korean American senator, succeeding in New Jersey's election amid a scandal involving former senator Robert Menendez. Business leaders anticipate stability post-election, hoping for a focus on economic fundamentals rather than political distractions.