U.S. President Joe Biden speaks at the North America's Building Trades Unions Legislative Conference at the Washington Hilton in Washington, April 6, 2022.
Friday's event was announced last year at the Summit of the Americas in Los Angeles. The focus on trade comes as competition has intensified between the United States and China, the world's two largest economies. Biden, a Democrat, has provided government incentives to build U.S. infrastructure and for companies to construct new factories.
The Inter-American Development Bank, which is the biggest multilateral lender to Latin America, would support new projects through grants, lending and new programs. The U.S. is the bank's largest shareholder, with 30 per cent of voting rights. Prime Minister Justin Trudeau has dismissed a long-time Liberal and current senator's suggestion that it may be time he steps down to make room for a new Liberal party leader.Tax avoidance: Canadian companies transferred $120B to Luxembourg, study says
A Chinese warplane fired flares in front of a Canadian military helicopter over international waters of the South China Sea last Sunday, an operation that Canadian military officers said was reckless and could have resulted in the downing of the aircraft.Eric Trump returned to the witness stand Friday to testify at the civil fraud trial accusing his father of exaggerating his wealth and the value of his assets to deceive banks and insurers.
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