32 h. ago ‘Recession risks alive’ as Canada’s manufacturing numbers suffer under Trump tariff regime

The economic data questions the Bank of Canada's recent decision to hold interest rates for a second consecutive time

Economics

60 h. ago India, US Harden Stance in Trade Talks as July Deadline Looms

Trade officials from India and the US have hardened their stance on some key issues as they race to conclude an interim deal before higher US tariffs take effect in July, people familiar with the matter said.

Economics

5 d. ago Trump’s Tariff Chaos Threatens His Push for Rust Belt Revival

President Donald Trump’s signature trade policy is threatening to backfire by upending other top priorities: the revival of US manufacturing and the American Rust Belt.

Economics

7 d. ago As his trade war faces legal pushback, Trump has other tariff tools he could deploy

WASHINGTON — U.S. President Donald Trump’s tariffs are facing legal headwinds for the first time — but he has other tools he could deploy in his quest to realign global trade. A federal appeals court is still deciding whether there will be a stay on Trump’s universal tariffs enacted through the International Emergency Economic Powers […]

Economics

7 d. ago Traders Scour for ‘Elusive’ Catalyst to Push S&P 500 to Record

For stock traders there’s little to fear at the moment. Corporate America keeps churning out solid earnings. The chances of a recession aren’t blaring. And President Donald Trump’s tariff policy is expected to become more clear before long.

Economics

8 d. ago Tariffs, State Jabs Push Canadians to Ditch US Travel, Poll Says

Most Canadians say they plan to shun US travel this summer as the trade war between the two countries continues, according to a poll by Leger Marketing Inc.

Economics

8 d. ago Australian PM Floats Potential US Beef Import Deal for Trump

Australian Prime Minister Anthony Albanese has signaled scope for a potential deal on US beef imports to his nation as part of tariff negotiations with President Donald Trump.

Economics

9 d. ago Trump says after Xi call that US and China will resume trade talks

WASHINGTON (AP) — President Donald Trump said Thursday that his first call with Chinese leader Xi Jinping since returning to office was “very positive,” announcing that the two countries will hold trade talks in hopes of breaking an impasse over tariffs and global supplies of rare earth minerals. “Our respective teams will be meeting shortly […]

Economics

9 d. ago Trump speaks with Xi amid stalled talks between U.S. and China over tariffs

WASHINGTON — U.S. President Donald Trump and Chinese leader Xi Jinping spoke on Thursday at a time when stalled tariff negotiations between their two countries have roiled global trade. The conversation was confirmed by the Chinese foreign ministry, which said Trump initiated the call. The White House did not immediately comment. Trump had declared one […]

Economics

1 week ago U.S. ‘can’t fight a war’ without American steel, Trump tariff chief says

Howard Lutnick defended the doubling of steel and aluminum tariffs while denying the immediate real-world implications that will have on U.S. defence manufacturing.

Economics

1 week ago Trump’s tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says

WASHINGTON (AP) — President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the economy, raising the inflation rate and reducing the purchasing power of households overall, according to an analysis released Wednesday by the Congressional Budget Office. The numbers were revealed in a letter sent to […]

Economics

1 week ago Bank of Canada to make interest rate decision as tariff uncertainty lingers

The Bank of Canada is set to make its interest rate decision, even as tariff uncertainty lingers, including President Donald Trump's latest increase to steel and aluminum tariffs.

Economics

1 week ago Cut, hold or hike? Bank of Canada to reveal what’s next for interest rates

The Bank of Canada is set to make its interest rate decision, even as tariff uncertainty lingers, including President Donald Trump's latest increase to steel and aluminum tariffs.

Other

1 week ago Asian Stock Futures Buoyed by US Jobs Surprise: Markets Wrap

Asian stocks will likely draw support from US data showing the country’s labor market is holding up despite concerns about risks stemming from President Donald Trump’s tariff war. US shares and the dollar rose.

Economics

1 week ago U.S., Canadian markets move higher as investors shrug off tariff ‘noise’

Canada’s main stock index edged up and U.S. markets climbed as investors tried to tune out the latest noise from U.S. President Donald Trump’s tariff war. “I think everybody’s taking a wait-and-see approach,” said Allan Small, senior investment adviser at iA Private Wealth, referring to worldwide “reciprocal” tariffs on pause for at least another month. […]

Economics

1 week ago Canada's economy will be one of the most hurt by global downturn

A new report warns Canada of a grim future, predicting that our economy will be hit the hardest by a global economic slowdown.The Organization for Economic Co-operation and Development (OECD) released the first issue of its 2025 economic outlook, and the forecast didn't look so good for countries embroiled in a trade war with the United States.The economic outlook projects global growth slowing from 3.3 per cent in 2024 to 2.9 per cent in both 2025 and 2026.It notes that the slowdown is expected to be most pronounced in the U.S., Canada, Mexico and China.OECD slams Canada’s immigration policy: Record-high immigration is worsening housing, productivity & hiding a per capita recession, says new report. GDP is up — but Canadians are poorer. 👉 Low-skilled inflows 📷 Soaring housing costs 📷#cdnpoli #OECD pic.twitter.com/zWR3zQtgJE— ICC Immigration (@icc_immigration) June 3, 2025"The global outlook is becoming increasingly challenging," ...

Other

1 week ago As Trump tariff deadline looms, countries asked to give best trade offers

The letter from the United States Trade Representative asks countries to provide their offers by Wednesday as officials seek to accelerate talks with multiple partners.

Economics

1 week ago Canada’s steel industry says Trump’s next tariff hike threatens ‘mass disruption’ to supply chain

Algoma Steel paid over $10 million in tariffs in just two weeks

Economics

1 week ago Carney Aims to Thwart Trump’s Tariff Assault by Unlocking Internal Trade

Prime Minister Mark Carney is pushing to offset the economic pain caused by US President Donald Trump’s tariffs by compelling Canadian provinces to liberalize trade with one another.

Economics

2 w. ago Tariff Revenues Rise Sharply in Canada After Retaliation Against Trump Levies

A spike in custom import duties shows proceeds from retaliatory tariffs are starting to roll into the coffers of Canada’s federal government.

Economics