6 d. ago Tesla Humanoid Robot Plan Hampered by China Rare Earth Curbs

Tesla Inc.’s production of Optimus, a robot that promises to take over household chores, has been disrupted by China’s curbs on rare earth exports, introduced by Beijing earlier this month in an escalating trade war with Washington.

Culture

1 week ago Charting the Global Economy: ECB Cuts Rates While Canada Holds

The European Central Bank and Bank of Canada opted for different policy responses to an escalating trade war, while both acknowledged growing risks to economic growth.

Culture

1 week ago Older Arizona voters are closely watching Trump’s tariffs – and their retirement accounts

SUN CITY, Ariz. (AP) — Susan Hemphill said she’s always been frugal with her spending. But the recent volatility in the stock market caused by President Donald Trump’s on-again, off-again tariffs and an escalating trade war with China have made her even more cautious. These days, Hemphill is staying closer to home in Sun City, […]

Economics

2 w. ago Carney warns of signs that global economies are slowing amid Trump’s tariffs

OTTAWA — Prime Minister Mark Carney said there are signs the global and Canadian economies are slowing as U.S. President Donald Trump’s trade war escalated again Friday, with China announcing it will push up retaliatory tariffs to 125 per cent. “In the last week there have been a lot of developments in terms of U.S. […]

Economics

2 w. ago Mark Carney says global economies are slowing amid Trump’s tariffs

Markets have been in turmoil since Trump escalated his trade war with the world

Economics

2 w. ago Mark Carney back in Ottawa to address Donald Trump’s trade war 

Prime Minister Mark Carney is shifting his focus from the federal election campaign Friday to address the escalating global trade war launched by President Donald Trump.

Economics

2 w. ago Here’s what some exporters in China say about Trump’s trade war

YIWU, China (AP) — The trade war between the world’s two largest economies is escalating as China on Friday slapped a 125% tariff on U.S. goods in response to President Donald Trump’s 145% tariff on Chinese products. Caught in the crosshairs are businesses that are part of the more than $582.4 billion trade between the […]

Economics

2 w. ago Trade War Risks Copper Investments Needed to Meet Future Demand

The copper industry is turning attention to how the escalating trade war between the world’s biggest economies will affect investments needed to meet future demand for the wiring metal.

Economics

2 w. ago Carney hits 3rd campaign pause, says Trump’s trade war raises ‘stakes’

Prime Minister Mark Carney is pausing his federal election campaign as Liberal leader for a third time to tackle U.S. President Donald Trump’s escalating global trade war.

Economics

2 w. ago China’s Consumer Deflation Persists as Trade War Poses New Risks

China’s consumer deflation extended for a second month in March, as an escalating trade war with the US threatens to put more downward pressure on prices.

Economics

2 w. ago Delta Air Lines weighs Canada flight cuts after ‘significant’ booking drop

Delta CEO Ed Bastian also said the airline may pause new Airbus jet deliveries because it refuses to pay any tariffs on new aircraft.

Other

2 w. ago China raises its retaliatory tariff on the U.S. to 84% as it vows to ’fight to the end’

BANGKOK (AP) — China again vowed to “fight to the end” Wednesday in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from Thursday. Beijing also added an array of countermeasures after U.S. President Donald Trump raised the total tariff on imports from China to […]

Economics

2 w. ago Wall Street braces for souring corporate earnings amid trade war

Investors cut trillions of dollars off value of public companies as they fret an escalating trade war risks slashing profits

Economics

3 w. ago Oil Extends Slump as Saudis Slash Prices and Tariff Risks Mount

Oil sank at the week’s open after Saudi Arabia slashed its flagship crude price by the most in more than two years, and the escalating trade war spurred concerns about a global recession and weaker demand.

Economics

3 w. ago Oil Plummets as Trade Risks Increase and Saudis Slash Prices

Oil sank at the week’s open after Saudi Arabia slashed its flagship crude price by the most in more than two years, and the escalating trade war spurred concerns about a global recession and weaker demand.

Economics

3 w. ago The Latest: Trump’s tariffs unleash trade war and calls for negotiations

U.S. President Donald Trump’s big raise in tariffs has triggered an escalating trade war and sent global markets plummeting. The S&P 500 fell 6% Friday, the Dow Jones Industrial Average plunged 5.5% and the Nasdaq composite dropped 5.8%. China announced Friday that it will impose a 34% tax on all U.S. imports next week, part […]

Economics

3 w. ago Five things to know about the US$5 trillion market selloff that is roiling the globe

Fears over an escalating trade war decimate stocks

Economics

3 w. ago US electric vehicle industry is collateral damage in Trump’s escalating trade war

DETROIT (AP) — President Donald Trump’s tariff blitz has sent shock waves throughout every aspect of the global economy, including the auto sector, where multi-billion-dollar plans to electrify in the United States are especially at risk. Here’s what consumers should know about the impact of tariffs on electric vehicles. Where does EV adoption stand in […]

Economics

3 w. ago Trump Spares Automakers From More Pain in ‘Reciprocal’ Tariffs

Automobiles and parts were largely spared from President Donald Trump’s latest round of tariffs, a win for an industry already reeling from his escalating trade war.

Economics

3 w. ago State of economywide tariffs on Canada unclear as Trump’s global trade war escalates

WASHINGTON — As U.S. President Donald Trump prepares to unveil his so-called “liberation day” plan to hit multiple countries with tariffs, it’s still not clear whether a temporary pause on separate economywide duties on Canada will be lifted. In early March, Trump imposed — then partially paused — 25 per cent across-the-board tariffs, with a […]

Economics