9 h. ago Asia shares trade mixed as uncertainty persists over Trump’s tariff plans

TOKYO (AP) — Asian shares traded mixed Thursday, as worries crept back following a Wall Street rally that came after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war. Japan’s benchmark Nikkei 225 added nearly 0.9% in morning trading to 35,168.80. Australia’s S&P/ASX […]

Economics

5 d. ago Indonesia weighs costly U.S. arms purchases to curb tariff threat

Indonesia is considering purchasing billions of dollars’ worth of U.S.-made defence equipment, including fighter jets and munitions, to help ease trade strains and possibly ward off Donald Trump’s tariff plans. Defence Minister Sjafrie Sjamsoeddin held a closed-door meeting of senior officials on April 8 to deliver a directive from President Prabowo Subianto instructing them to […]

Economics

2 w. ago White House keeps world guessing as clock ticks down to Trump’s new tariffs

WASHINGTON — Less than one hour before the stock market closed on Monday, journalists gathered in the Oval Office for their only chance of the day to ask President Donald Trump about the turmoil caused by his tariff plans. Are the new tariffs, scheduled to take effect on Wednesday, a bargaining chip to reach better […]

Economics

2 w. ago Newsom Says California Seeks Tariff Exemptions From Trade Allies

Governor Gavin Newsom said he’s seeking exemptions for California-made products from retaliatory tariffs and wants to open talks with global allies over new trade relationships, casting the state as a buffer against the fallout of Donald Trump’s sweeping tariff plan.

Economics

2 w. ago TSX down almost 1,000 points, U.S. markets sink for second day

Canadian and U.S. stock markets continue to be roiled by U.S. President Donald Trump’s tariff plans as they plunged for a second day Friday. The S&P/TSX composite index was down close to 1,000 points, or four per cent, in late-morning trading after also closing down four per cent Thursday. In New York, the Dow Jones […]

Other

2 w. ago Stellantis temporarily halts production at 2 plants in Canada, Mexico as auto tariffs take effect

Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles. The move will result in the temporary layoff of 900 U.S. employees. Stellantis, which owns car brands like Jeep, Citroen and Ram, said Thursday it will be […]

Economics

2 w. ago BREAKING: Stock markets in Canada and U.S. tumble after tariff announcement

Stock markets in Canada and the U.S. plunged at the start of trading following the announcement of U.S. President Donald Trump’s latest tariff plan. The S&P/TSX composite index was down 616.25 points at 24,690.93. In New York, the Dow Jones industrial average was down 1,105.78 points at 41,119.54. The S&P 500 index was down 181.56 […]

Economics

3 w. ago Trump’s tariff plan includes a ‘fallback’ in case fentanyl justification falters

The U.S. administration may opt to reduce tariffs on Canada to the 12% level

Economics

3 w. ago U.S. Senate measure to end Trump’s Canada tariffs may pass with GOP support

The vote on the Democratic measure comes as Trump is due to announce his so-called 'reciprocal' tariff plan that seeks to reorient global trade.

Economics

3 w. ago Trump’s Tariff Plans Still in Limbo Ahead of Rose Garden Event

President Donald Trump’s deliberations over his plans to impose reciprocal tariffs are coming down to the wire, with his team said to be still finalizing the size and scope of the new levies he is slated to unveil on Wednesday afternoon.

Economics

3 w. ago Alberta Premier Smith expects key industries to escape imposition of new U.S. tariffs

Alberta Premier Danielle Smith says she expects some major industries, including those in her province, won’t face new tariffs from U.S. President Donald Trump. Smith told reporters Tuesday that things could change, but she thinks food production and oil and gas won’t be targeted under Trump’s new tariff plan, which is set to be announced […]

Economics

3 w. ago Key dates to watch this week for Trump’s tariffs on Canadian goods

Uncertainty still looms for Canada in what’s set to be a monumental week for U.S. President Donald Trump’s tariff plan. With multiple categories of American import taxes set to take effect, some Canadian industries are waiting to find out if and how they might be affected. Here’s a rundown on what to watch for this […]

Economics

3 w. ago Bitcoin Options Show Traders Are Hedging Against Drop Back Below $80,000

Crypto traders are flocking to the options market to hedge against further price declines, as President Donald Trump’s planned tariff announcements next week keep financial market on edge.

Economics

4 w. ago Most Carmakers Stand to Lose as Trump’s Tariffs Spread the Pain

As the fallout from President Donald Trump’s tariff plans comes into relief, a harsh truth is emerging for the automotive industry: There are lots of losers and not many winners.

Economics

4 w. ago Elon Musk Is One of the Only Winners From Trump Auto Tariffs

As the fallout from President Donald Trump’s tariff plans comes into relief, a harsh truth is emerging for the automotive industry: Among the many losers, Elon Musk’s Tesla Inc. stands out as a clear winner.

Economics