45 h. ago Trump Aims Tariff Double Whammy at Industries, Nations by Aug. 1

President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties in two weeks, ramping up his push to reshape the US’s standing in the global trading system by penalizing purchases from abroad.

Economics

46 h. ago Donald Trump’s tariffs are pulling in billions, but is it really a win?

Treasury Secretary says revenues on track to hit $300 billion, but trade observers not convinced of long-term victory

Economics

52 h. ago EU Agrees to Start Talks With Gulf Nations on Strategic Ties

European Union member states approved the launch of negotiations with six Gulf countries as the bloc seeks to broaden its international partnerships amid tariff threats from President Donald Trump.

Culture

3 d. ago Faced with geopolitics and trade war, US companies in China report record

WASHINGTON (AP) — American companies in China are reporting record-low new investment plans for this year and declining confidence in profits, while uncertainty in U.S.-China relations and President Donald Trump’s tariffs have become their top concerns, according to a business survey released Wednesday. The companies are also challenged by China’s slowing economy, where weak domestic […]

Economics

4 d. ago Donald Trump reaps US$50 billion tariff haul as world ‘chickens out’

Only China and Canada have retaliated against the U.S. president's tariff war

Economics

4 d. ago US producer prices unchanged with wholesale inflation remaining under control

WASHINGTON (AP) — U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher for goods before they reach consumers. The Labor Department reported Wednesday that its producer price index — which tracks inflation before it hits consumers — was unchanged last month from May and up 2.3% from […]

Economics

4 d. ago Thailand to Make Fresh Proposals to US in Bid to Avert Tariff

Thailand’s finance minister will present fresh proposals to US trade officials in talks scheduled for Wednesday, the latest effort by the nation to avoid a 36% tariff threatened by President Donald Trump.

Economics

4 d. ago India Seeks Lower Tariff Than Indonesia in Race to Clinch Deal

Indian officials are hoping to secure a trade deal with US President Donald Trump at a lower tariff rate than he’d agreed with Indonesia as New Delhi races to meet an Aug. 1 deadline.

Economics

4 d. ago Carney to meet with steelworkers as U.S. trade talks continue

It has been more than a month since U.S. President Donald Trump doubled tariffs on steel and aluminum products from 25 to 50 per cent.

Society

4 d. ago Carney heads to Hamilton to meet steelworkers as U.S. trade talks continue

OTTAWA — Prime Minister Mark Carney is scheduled to be in Hamilton today to make an announcement related to the steel industry. It has been more than a month since U.S. President Donald Trump doubled tariffs on steel and aluminum from 25 to 50 per cent, adding further economic insult to the two industries in […]

Society

4 d. ago Prabowo Confirms US to Impose 19% Tariff on Indonesian Goods

Indonesia’s president said he struck a 19% tariff deal with US President Donald Trump, the first confirmation of the key agreement detail after months of talks between the countries.

Economics

4 d. ago Trump Tariffs Once Viewed as Punitive Now Win Market Approval

Financial markets greeted US President Donald Trump’s tariff deal with Indonesia with little fanfare Wednesday, signaling the rate of around 20% that was once viewed as punitive is now seen as workable.

Economics

4 d. ago Trump Says Drug Tariffs Probable by Aug. 1, Downplays More Deals

President Donald Trump said that he was likely to impose tariffs on pharmaceuticals as soon as the end of the month and that levies on semiconductors could come soon as well, suggesting that those import taxes could hit alongside broad “reciprocal” rates set for implementation on Aug. 1.

Economics

4 d. ago Number of Canadians with favourable view of U.S. has fallen: poll

WASHINGTON — Amid months of tariffs and taunts from U.S. President Donald Trump, a new poll suggests the percentage of Canadians who have a favourable view of the United States has fallen and is now on par with the number who think positively about China. The survey by the Pew Research Center suggests one-third of […]

Other

4 d. ago Canadian home prices hold steady. How Trump’s tariffs could affect recovery

Experts say the long-anticipated recovery of Canada’s real estate market may be marred by U.S. President Donald Trump threatening new tariffs.

Economics

5 d. ago Carney expects U.S. trade talks to ’intensify’ ahead of deadline and 35% threat

OTTAWA — Prime Minister Mark Carney says he expects trade discussions with the U.S. will “intensify” ahead of the Aug. 1 deadline to secure a new agreement. Carney made his comments on his way into the Prime Minister’s Office where he will hold a virtual cabinet meeting to discuss President Donald Trump’s latest tariff threat. […]

Economics

5 d. ago Trump’s 50% Copper Tariffs Jolt US Market as Buyers Slash Imports and Delay Orders

Donald Trump’s moves to slap tariffs on US copper imports set off a global race for traders to rush cargoes into the country for much of the year. Now that the 50% levy is just weeks away, there are already signs that demand for the metal is drying up from Texas to New Jersey.

Economics

5 d. ago Asian Stocks Set for Gains as Tariffs Downplayed: Markets Wrap

Asian equities are set for a positive open as traders brush off President Donald Trump’s latest tariff threats as bargaining tactics that are unlikely to derail global trade.

Economics

5 d. ago EU trade ministers plan countermeasures to Trump’s ‘unacceptable’ 30% tariffs

BRUSSELS — EU trade ministers agreed Monday that U.S. President Donald Trump’s announcement of 30% tariffs on the European Union was “absolutely unacceptable,” and they are studying a new set of countermeasures to respond to the move. The ministers met Monday in Brussels following Trump’s surprise announcement over the weekend of such hefty tariffs, which […]

Economics

5 d. ago Cabinet to meet Tuesday as Trump says 35% tariff letter is ’the deal’

Prime Minister Mark Carney is set to meet with his cabinet on Tuesday, as President Donald Trump says his letters threatening upwards of 35% tariffs to Carney, and other leaders are “the deals.” The president sent Carney a letter late last week saying Canada will face a 35% tariff rate after Aug. 1, while other […]

Economics