53 m. ago Stagflation Trade Emerges as Rare Winner in US Stock Market Rout

There have been few winning strategies to seek refuge in as the stock rout sparked by President Donald Trump’s start-stop tariff war drags on for a third week. One, though, is soaring right now: a pair trade that bets on stocks that thrives in an economy sinking into stagflation.

Economics

58 m. ago GM Korea Union Leaders Head to the US Amid Trump Tariff Worries

Unionized workers at General Motors Co. plants in South Korea have expressed concerns over President Donald Trump’s mooted tariffs, worried they may lose their jobs if the factories they work at, which ship thousands of cars to the US, close or are impacted in some way.

Politics

6 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

9 h. ago Donald Trump’s tariffs have Saskatchewan steelworkers calling for action

'My message to Donald Trump is to stop , you have to stop,' said United Steelworkers Local 5890 President Mike Day.

Society

10 h. ago ‘Just say thank you’: Lutnick says Canada is acting like Ukraine in Trump negotiations

Donald Trump 'needed to break some guy in Ontario who said he was going to tax American energy 25 per cent,' Howard Lutnick said

Other

11 h. ago Bank of Canada Shows Inflation Will Shape Trade War Response

The Bank of Canada made clear that central banks around the world are fighting an entirely different war than the pandemic — but post-Covid inflation fears are haunting policymakers as they try to protect their economies from US President Donald Trump’s tariff barrage.

Economics

12 h. ago Trump vows to take back ’stolen’ wealth as tariffs on steel and aluminum imports go into effect

WASHINGTON — President Donald Trump openly challenged U.S. allies on Wednesday by increasing tariffs on all steel and aluminum imports to 25% as he vowed to take back wealth “stolen” by other countries, drawing quick retaliation from Europe and Canada. The Republican president’s use of tariffs to extract concessions from other nations points toward a […]

Economics

12 h. ago Avoiding Trump’s tariffs: Albertans scramble to complete cross

Many Alberta business were scrambling on Wednesday to fulfill shipments to American customers before the latest round of President Donald Trump's tariffs took effect.

Economics

13 h. ago Canada to impose 25% tariffs on $29.8B in U.S. goods starting Thursday

OTTAWA — The federal government will impose 25 per cent tariffs on U.S. goods worth $29.8 billion in retaliation for steel and aluminum tariffs the administration of U.S. President Donald Trump imposed Wednesday. All countries, including Canada, have been hit with 25 per cent tariffs on steel and aluminum imports into the United States _ […]

Economics

17 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

22 h. ago EU retaliates with new tariffs on U.S. industrial and farm products

The European Union announced retaliatory trade action with new duties on U.S. industrial and farm products, responding to an increase in tariffs on all steel and aluminum imports.

Economics

23 h. ago Canadian pride surges amid Trump’s tariffs, sovereignty threats: poll

A new poll suggests Canadians' sense of national pride has surged in response to U.S. President Donald Trump's tariffs and threats against the country's sovereignty.

Economics

23 h. ago Canadian pride surges in face of Trump’s tariff, sovereignty threats: Leger poll

OTTAWA — A new poll suggests Canadians’ sense of national pride has surged in response to U.S. President Donald Trump’s tariffs and threats against the country’s sovereignty. The poll, conducted by Leger Marketing for the Association for Canadian Studies, says that the number of people saying they’re proud to be Canadian has jumped from 80 […]

Economics

24 h. ago Gold Steadies as Markets Weigh Trade War and US Recession Risks

Gold steadied, underpinned by haven demand after Wall Street was whipsawed by President Donald Trump’s on-off tariff plans and his latest comments downplaying fears of a recession.

Economics

26 h. ago Trump’s escalating trade war looms over Bank of Canada rate announcement

Economists are expecting a further rate cut by the Bank of Canada on Wednesday as the threat of tariffs by U.S. President Donald Trump continues to loom over Canada.

Economics

30 h. ago Trump Extends Trade Fight as Steel, Aluminum Tariffs Take Effect

President Donald Trump’s latest tariffs on steel and aluminum imports came into force Wednesday, extending his trade wars to more of the US’s top trading partners in a risky bid to revive an industrial base that migrated over decades to foreign competitors.

Economics

30 h. ago Trump’s Trade War Expands as Metal Tariffs Spur EU Retaliation

President Donald Trump’s 25% tariffs on steel and aluminum imports came into force Wednesday, triggering a reprisal from the European Union as the global trade war enters a new and risky phase.

Economics

30 h. ago US Lambasts Japan’s ‘700% Rice Tariff,’ Hinting at Levy Target

President Donald Trump’s administration hit out at Japan’s elevated rice tariffs, signaling that the grain and Tokyo will likely be targeted as the US seeks to apply reciprocal tariffs in the coming weeks.

Economics

33 h. ago World Facing Trump’s Tariffs Watches Canada Test Ways of Fighting Back

World leaders from New Delhi to Brussels facing tariffs from President Donald Trump’s administration are watching Canada to get a preview of what happens when you hit back.

Economics

33 h. ago B.C. brewery says cost of cans will increase by end of the month under U.S. tariffs

Tariffs implemented by U.S. President Donald Trump in Washington, D.C., and the counter tariffs promised by the Canadian federal government are driving up costs and uncertainty.

Economics