13 h. ago Hit Back or Hunker Down? The Dilemma of Responding to US Tariffs

Major US trading partners have offered a range of responses to President Donald Trump’s 25% tariffs on steel and aluminum imports, which took effect Wednesday. Most opted against immediate retaliation and many sounded ready to talk instead. Others took a more confrontational approach.

Economics

15 h. ago U.S. tariffs push Ottawa to invest more in Canadian steel, aluminum projects

OTTAWA — Industry Minister Francois-Philippe Champagne directed his department on Wednesday to prioritize investments in projects that primarily use Canadian steel and aluminum — part of Ottawa’s reply to the Trump administration’s trade war. Champagne said the move is in response to the “unfair and unjustified” 25 per cent tariffs on steel and aluminum levied […]

Economics

15 h. ago Tools, electronics, sports equipment from the U.S. hit with Canadian counter

OTTAWA — Many consumer goods could be up to 25 per cent more expensive in Canada due to retaliatory tariffs against the U.S. _ including the kitchen sink. Matching 25 per cent tariffs on $29.8 billion worth of American goods took effect just after midnight in response to U.S. President Donald Trump’s tariffs on steel […]

Sport

16 h. ago Trump, EU locked in tariff battle over U.S. whiskey, European wine

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 1.

Economics

18 h. ago Trump threatens 200% tariff on European wine after EU proposes American whiskey tariff

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

26 h. ago South Korea to Scrutinize Steel Imports in US Tariff Response

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

33 h. ago From tallboys to houses, latest aluminum and steel tariffs driving up costs

More pain is on tap for craft breweries, homebuilders and manufacturers as U.S. tariffs on imported aluminum — and the counter-levies Canada is lobbing back — drive up costs. Blair Berdusco, chair of the Canadian Craft Brewers Association, said it amounts to a double hit. Canadian aluminum being shipped to the United States to make […]

Economics

37 h. ago Mexico Holds Off Tariff Retaliation as Sheinbaum Bets on US Deal

Mexico is delaying its response to US tariffs on steel and aluminum imports as President Claudia Sheinbaum avoids retaliation while both countries negotiate to avert levies on a wide range of products and services.

Economics

38 h. ago Doug Ford and Mark Carney have first meeting over breakfast at Toronto diner

Ontario Premier Doug Ford and Prime Minister-designate Mark Carney came together for their first face-to-face meeting on Wednesday morning, ahead of Ford's upcoming trip to Washington D.C. to address the ongoing trade issues with the U.S. The breakfast meeting was held at Wally's Grill in Etobicoke, located at 123 Rexdale Blvd., and was a chance for the two leaders to strategize on how to approach U.S. President Donald Trump and his administration regarding tariffs and free trade concerns. "This morning, I met with Mark Carney, Canada's incoming prime minister for a positive and productive discussion," Ford wrote in a statement posted to X.The premier emphasized the importance of holding ground against U.S. tariffs, writing that he and Carney agreed "on the need to stand firm and strong in the face of President Trump's threats, including additional retaliatory tariffs in response to U.S. tariffs on steel and aluminum, which will raise costs for American businesses and...

Transport

41 h. ago Canada hitting U.S. with $29.8B in reciprocal tariffs in response to steel and aluminum levies

Canada will be imposing 25 per cent reciprocal tariffs on $29.8 billion of American imports after levies on steel and aluminum went into effect

Economics

43 h. ago Britain says retaliation possible over new U.S. tariffs on steel and aluminum

LONDON — British Prime Minister Keir Starmer expressed disappointment Wednesday over the Trump administration’s decision to impose tariffs on global steel and aluminum imports, and said a retaliatory response was possible. During his weekly questioning in the House of Commons, Starmer said his government was taking a “pragmatic approach“ but ”we will keep all options […]

Economics

62 h. ago Confused about tariff deadlines? Here’s what we know right now

OTTAWA — The trade war between the U.S. and Canada took another turn Tuesday as U.S. President Donald Trump vowed to double the tariff on steel and aluminum imports coming from Canada in response to Ontario’s surcharge on electricity exports. Trump said 50 per cent tariffs will be placed on Canadian steel and aluminum starting […]

Economics