Howard Lutnick said in an interview that he doesn't expect a recession to occur, despite a growing number of U.S. economists raising concerns. Economics
WASHINGTON — President Donald Trump on Thursday threatened a 200% tariff on European wine, champagne and spirits if the European Union goes forward with a planned tariff on American whiskey. The European tariff, which was unveiled in response to steel and aluminum tariffs by the U.S. administration, was expected to go into effect on April […] Economics
President Donald Trump threatened to enact a 200% tariff on European wine, champagne and other alcoholic beverages, the latest escalation in a brewing trade war between the US and the EU. Economics
Markets have been in a tailspin since Trump began to put in place his massive tariff agenda Economics
Canada’s biggest auto parts names are buckling under the weight of US President Donald Trump’s tariff threats as the chances the North American car manufacturing industry will stall grow. That’s sending stock prices hurtling back down toward levels last seen during the Covid-19 pandemic. Economics
A new poll suggests that 40 per cent of Canadians are worried about losing their jobs as many businesses scale back hiring plans in response to the trade war with the U.S. Economics
OTTAWA — A new poll suggests that 40% of Canadians are worried about losing their jobs as many businesses scale back hiring plans in response to the trade war with the United States. The Leger poll, which sampled more than 1,500 Canadian adults from March 7 to March 10, suggests that more than half of […] Economics
Finance Minister Dominic LeBlanc, Ambassador to the U.S. Kirsten Hillman and Ontario Premier Doug Ford are meeting with Howard Lutnick. Economics
At the Halifax Stanfield International Airport, the tariff trade war between Canada and the U.S. is leaving flyers who travel between the two countries feeling very uneasy. Economics
There have been few winning strategies to seek refuge in as the stock rout sparked by President Donald Trump’s start-stop tariff war drags on for a third week. One, though, is soaring right now: a pair trade that bets on stocks that thrives in an economy sinking into stagflation. Economics
Unionized workers at General Motors Co. plants in South Korea have expressed concerns over President Donald Trump’s mooted tariffs, worried they may lose their jobs if the factories they work at, which ship thousands of cars to the US, close or are impacted in some way. Politics
Ford has been strong and unflinching in his defence of Canada, and one wishes the same could be said of all premiers. Economics
OTTAWA — A new poll suggests that 40 per cent of Canadians are worried about losing their jobs as many businesses scale back hiring plans in response to the trade war with the United States. The Leger poll, which sampled more than 1,500 Canadian adults from March 7 to March 10, suggests that more than […] Economics
South Korea will strengthen its scrutiny of metals imports to protect its producers from potential dumping in the local market after President Donald Trump proceeded with plans to apply 25% tariffs on global steel and aluminum imports. Economics
Ozempic-maker Novo Nordisk A/S is planning to make more of its medicines for the US market in the country; Boeing Co. risks a gummed up supply chain and higher aircraft costs it may not be able to pass on; Chinese online retailer Shein Group Ltd. is offering incentives to its top apparel providers to set up new production capacity in Vietnam. Economics
'My message to Donald Trump is to stop , you have to stop,' said United Steelworkers Local 5890 President Mike Day. Society
Donald Trump 'needed to break some guy in Ontario who said he was going to tax American energy 25 per cent,' Howard Lutnick said Other
Opinion: But we could use it as an opportunity for meaningful reform that would benefit Canadians for generations Economics
The Bank of Canada made clear that central banks around the world are fighting an entirely different war than the pandemic — but post-Covid inflation fears are haunting policymakers as they try to protect their economies from US President Donald Trump’s tariff barrage. Economics
WASHINGTON — President Donald Trump openly challenged U.S. allies on Wednesday by increasing tariffs on all steel and aluminum imports to 25% as he vowed to take back wealth “stolen” by other countries, drawing quick retaliation from Europe and Canada. The Republican president’s use of tariffs to extract concessions from other nations points toward a […] Economics