11 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

25 h. ago Carney warns of signs that global economies are slowing amid Trump’s tariffs

OTTAWA — Prime Minister Mark Carney said there are signs the global and Canadian economies are slowing as U.S. President Donald Trump’s trade war escalated again Friday, with China announcing it will push up retaliatory tariffs to 125 per cent. “In the last week there have been a lot of developments in terms of U.S. […]

Economics

29 h. ago Mark Carney says global economies are slowing amid Trump’s tariffs

Markets have been in turmoil since Trump escalated his trade war with the world

Economics

32 h. ago Potential impact of Trump’s trade war on jobs and inflation sends US consumer sentiment plunging

WASHINGTON (AP) — U.S. consumer sentiment plunged in April, the fourth consecutive month of declines, in a seemingly sharp rebuke of President Donald Trump’s trade wars that have fueled anxiety over possible job losses and rising inflation. The preliminary reading of the University of Michigan’s closely watched consumer sentiment index, released Friday, fell 11% on […]

Economics

34 h. ago Mark Carney back in Ottawa to address Donald Trump’s trade war 

Prime Minister Mark Carney is shifting his focus from the federal election campaign Friday to address the escalating global trade war launched by President Donald Trump.

Economics

35 h. ago Carney in Ottawa today for cabinet committee meeting on U.S. relations

OTTAWA — Prime Minister Mark Carney has suspended his election campaign yet again to deal with the fallout of U.S. tariffs. Carney is expected to chair a meeting this morning with his cabinet committee on Canada-U.S. relations and national security. U.S. President Donald Trump abruptly reversed course on his trade war Wednesday by pausing his […]

Transport

36 h. 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

51 h. ago Eby directs B.C. government to scrap U.S. contracts ‘where viable’ amid Trump trade war

Crown corporations and government departments have been directed to, where viable, cancel American contracts, subscriptions, travel plans and membership in trade organizations.

Politics

54 h. ago Apple has few incentives to start making iPhones in U.S., despite Trump’s trade war with China

SAN FRANCISCO (AP) — President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the United States for the first time. But that’s an unlikely scenario even with U.S tariffs now standing at 145% on products made in China — the country where Apple […]

Technology

54 h. 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

57 h. ago Ontario city looks to drop ‘America Avenue’ street name amid Trump’s trade war

Vaughan, Ont., is looking to rename a residential street currently dubbed 'America Avenue' given the fallout from U.S. President Donald Trump’s trade war.

Economics

67 h. ago UK Housing Market Risks Being Derailed by Trade War, RICS Says

The UK housing market is in danger of being “blown off course” by US President Donald Trump’s trade war, estate agents warned after activity weakened sharply last month.

Economics

3 d. ago Trump’s ambassador to Canada confirmed in middle of trade war

WASHINGTON — Former Michigan congressman Pete Hoekstra has been confirmed by the U.S. Senate as the new United States ambassador to Canada. He will become America’s top diplomat in Ottawa in a fraught time in U.S.-Canada relations, with President Donald Trump hitting Canada with tariffs on automobiles, steel and aluminum and continuing to hold out […]

Economics

3 d. ago Dave Chappelle’s scorching prediction on Trump’s policies resurfaces amid trade war

An eerie take from Dave Chappelle has emerged as stock markets tumble, and tariffs and retaliations mount as U.S. President Donald Trump brought his trade war to the world. In 2017, the comedian joked about Trump’s handling of international relations, calling them “high people ideas.” On April 2, Trump placed a 34% increase on China […]

Economics

3 d. ago Trump says countries are ‘kissing my ass’ to avoid tariffs amid trade war

U.S. President Donald Trump has long argued that tariffs are necessary to counteract America's trade deficit with global partners, including China.

Economics

3 d. ago Energy demand erodes in face of global economic slowdown as trade war intensifies

WASHINGTON (AP) — Oil prices slumped to a four-year low Wednesday in anticipation of slowing economic growth and reduced energy demand, both casualties of a trade war that began after President Donald Trump ordered widespread tariffs against the imports of U.S. trading partners. U.S. benchmark crude fell 4.3% to $56.98 per barrel in midday trading […]

Economics

3 d. ago Canada adds more retaliatory tariffs as Trump’s trade war hits the world

Ottawa's response to auto duties includes similar tariffs on vehicles imported from the U.S.

Economics

4 d. ago JPMorgan Sees More Pain Ahead for Junk and Private Lender Bonds

JPMorgan Chase & Co. has a warning for US debt investors after high-yield bonds saw the worst slump since 2020 amid President Donald Trump’s evolving global trade war: It’s about to get worse.

Economics

4 d. ago Canada’s Auto Heartland Is Bleeding Jobs and Poised to Decide the Election

Voters in southern Ontario appeared ready to catapult the Conservatives back to power in Ottawa — until Donald Trump started a trade war

Politics

4 d. ago China warns it will fight trade war ‘until the end,’ as Trump sows confusion over tariffs

Trump's slew of comments Monday offered little clarity about what he wants from trading partners in exchange for lowering tariffs — or whether he’s willing to do that at all

Economics