49 h. ago Trade war ramps up as China retaliates by raising tariffs on U.S. imports

China hits back by raising tariffs on imported American products from 84 per cent to 125 per cent after the U.S. raising tariffs on China earlier this week.

Economics

2 d. ago Carney hits 3rd campaign pause, says Trump’s trade war raises ‘stakes’

Prime Minister Mark Carney is pausing his federal election campaign as Liberal leader for a third time to tackle U.S. President Donald Trump’s escalating global trade war.

Economics

4 d. ago China raises its retaliatory tariff on the U.S. to 84% as it vows to ’fight to the end’

BANGKOK (AP) — China again vowed to “fight to the end” Wednesday in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from Thursday. Beijing also added an array of countermeasures after U.S. President Donald Trump raised the total tariff on imports from China to […]

Economics

5 d. ago China vows ‘fight to the end’ on tariffs as Trump threatens another 50% duty hike

Raises the risk of a prolonged trade war as two countries look set to dig in

Economics

8 d. ago The Latest: Trump’s tariffs unleash trade war and calls for negotiations

U.S. President Donald Trump’s big raise in tariffs has triggered an escalating trade war and sent global markets plummeting. The S&P 500 fell 6% Friday, the Dow Jones Industrial Average plunged 5.5% and the Nasdaq composite dropped 5.8%. China announced Friday that it will impose a 34% tax on all U.S. imports next week, part […]

Economics

9 d. ago Wall Street Turns Icy on US Stocks as Tariffs Hit Markets Hard

Wall Street forecasters are turning ice cold on US equities, telling investors to refrain from buying the selloff as President Donald Trump’s historic trade war raises the specter of recession.

Economics

1 week ago US Stock Futures Tumble as Trump Upends Global Trading Order

US stock futures plunged more than 3% after President Donald Trump outlined a slate of tariffs on US trading that raises the likelihood of a full-blown trade war that could plunge the US economy into a recession.

Economics

1 week ago Oil Drops as Trump’s Trade War Stokes Concern About Crude Demand

Oil retreated after US President Donald Trump ratcheted up his trade war with sweeping tariffs on major trading partners, raising concerns that economic turmoil will hurt crude demand.

Economics

2 w. ago Trump’s auto tariffs forces Carney to press pause on election campaign

Liberal Leader Mark Carney is back in Ottawa Thursday to deal with the fallout of new auto tariffs announced by U.S. President Donald Trump. 

Politics