2 h. ago White House defends Trump’s tariff moves that rattled markets

Meanwhile, Trump's doctor says he is 'fully fit' to serve as commander in chief as the White House released results of his recent physical exam

Economics

3 h. ago Another Bank of Canada interest rate cut is on the way and here's what could happen

Amid times of economic uncertainty — an upcoming federal election and tense relations with the U.S. — Canadians are waiting for the next Bank of Canada (BoC) interest rate announcement.The central bank has made two 0.25 per cent cuts to its key interest rate so far this year, with the last one on March 12 bringing the rate to 2.75 per cent.That announcement came a week after U.S. President Donald Trump imposed a 25 per cent tariff on all Canadian goods, and Canada retaliated with counter-tariffs. The BoC claimed the Canadian economy entered the year in a "solid position," saying GDP showed robust growth, and inflation was finally close to the two per cent target.However, with economic aggression from the U.S., BoC officials predicted a slower pace of economic activity and increased inflationary pressures in Canada. The latter concern contributed to the decision to lower the policy rate by a quarter point.The last BoC update did not come with an extensive m...

Other

4 h. ago Trump’s Tangled Tariffs Sow Confusion as Negotiators Line Up

President Donald Trump’s tariff exclusions for smartphones and other tech products have added to a growing set of confusing signals for companies and trading partners digesting how to engage a White House still promising to negotiate dozens of new deals in America’s favor.

Economics

4 h. ago OPEC Cuts Oil Demand Forecast for 2025 and 2026 on Trade War

OPEC cut forecasts for global oil demand growth slightly this year and next as President Donald Trump’s tariff onslaught takes a toll on consumption, while remaining more bullish than other forecasters.

Economics

5 h. ago World markets rally after Trump gives tariff exemption to electronics

U.S. President Donald Trump said electronics such as computer chips, smart phones and laptops won’t face the same U.S. import duties as some other products.

Economics

6 h. ago An Election Like No Other Promises to Damage Canada’s Finances

Canada’s fiscal position is set to worsen as the country’s two leading political parties vie to win an election by promising tax cuts and measures to protect industries from US President Donald Trump’s tariff barrage.

Politics

9 h. ago Japan In No Rush to Compromise Days Ahead of US Tariff Talks

Japan’s prime minister said he won’t rush to compromise in high-stakes trade negotiations with the US this week, which may set the tone for nations around the world that are seeking a reprieve from President Donald Trump’s tariff campaign.

Economics

19 h. ago Trump team projects confidence and calm after tariff moves rattled markets

ATLANTA — Trump administration officials were out in force across the television networks Sunday defending President Donald Trump’s economic policies after another week of reeling markets that saw the Republican administration reverse course on some of its steepest tariffs. Trump, meanwhile, said on his social media platform that there ultimately will be no exemptions for […]

Economics

31 h. ago Letters: ‘To our Canadian friends’ — a message from an American neighbour

Readers have their say on the Trump tariff turmoil, the federal election, the shocking violence faced by nurses, and more in the letters to the editor

Other

52 h. ago Democrats dislike the ‘chaos’ of Trump’s trade war but are OK with some tariffs

WASHINGTON (AP) — Democrats are quick to say that President Donald Trump’s tariffs are horrible, awful, terrible. But Democrats are also stressing that they are not inherently anti-tariff. What Trump’s political opponents say they really dislike is the “chaos” he has unleashed. “Tariffs are an important tool in our economic toolbox,” said Sen. Elizabeth Warren, […]

Economics

54 h. ago Trump’s China tariff shocks US importers. One CEO calls it ‘end of days’

WASHINGTON (AP) — Rick Woldenberg thought he had come up with a sure-fire plan to protect his Chicago-area educational toy company from President Donald Trump’s massive new taxes on Chinese imports. “When he announced a 20% tariff, I made a plan to survive 40%, and I thought I was being very clever,” said Woldenberg, CEO […]

Economics

57 h. ago European Firms Stockpile, Shift Production to Brace for Tariffs

Donald Trump has — for now — backed off of his steepest tariff increases. But with other duties still in place, doing business in the US is about to get costlier for EU companies.

Economics

67 h. ago Trump hasn’t worked out how auto parts tariff would work, Ontario minister says

The Trump administration has yet to land on a formula for tariffs on automotive parts, according to one of Premier Doug Ford's top cabinet ministers.

Politics

3 d. ago US Firms Are Losing Their Appeal Among Europe’s Credit Investors

European credit investors are dialing back exposure to the US to recession proof their portfolios as President Donald Trump’s unpredictable tariff policy clouds the outlook for the world’s biggest economy.

Economics

3 d. 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

3 d. ago Mexico Aims to Raise Auto Tariff Exemptions, Trade Official Says

Mexico wants a greater proportion of each auto built in the country to qualify for US origin status, a move that would lower the impact of President Donald Trump’s tariff policies, Deputy Economy Minister for Foreign Trade Luis Rosendo Gutierrez said.

Economics

3 d. ago Spain’s prime minister visits China to strengthen ties with Trump’s top tariff target

MADRID (AP) — Spain’s Prime Minister Pedro Sanchez is visiting China on Friday, his third trip to the country in two years as his government seeks to boost investment from the Asian giant amid global economic uncertainty caused by a chaotic U.S. tariff policy. Sanchez met with Chinese President Xi Jinping and was expected to […]

Politics

3 d. ago JAY GOLDBERG: Poilievre the man with a plan to spur economic growth

In an election dominated by questions about who can best navigate a second term of U.S. President Donald Trump and his tariff threats, the Conservatives and Pierre Poilievre have put their best foot forward. Prime Minister Mark Carney has offered many platitudes in this election. He’s holding up his resume and hoping that it will […]

Other

4 d. ago Stock markets are selling off again, even after Wednesday’s massive rally

Wall Street and international markets are on the decline once again amid tariff turmoil following yesterday's late rally after President Donald Trump paused some tariffs.

Economics

4 d. ago Poilievre condemns Trump for excluding Canada from tariff pause

"I condemn President Trump for keeping the tariffs on Canada, all while offering a 90-day pause on tariffs of dozens of other countries," Poilievre said Thursday

Economics