12 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

14 h. ago Making the most of market volatility: FP Video on the latest tariff tangents

Watch: Protecting your investments from trade war turmoil, auto industry concerns and cashing in on the Canadian Arctic

Economics

27 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

28 h. ago Hedge Funds Reversed Oil Bets at Record Pace After Trump Tariffs

Hedge funds reversed their position on oil at the fastest pace on record as US President Donald Trump imposed tariffs against major trade partners, threatening to cripple global energy demand.

Economics

31 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

33 h. ago Potential impact of trade war on jobs and inflation sends US consumer sentiment plunging

WASHINGTON (AP) — Consumer sentiment fell sharply in April, the fourth consecutive month of declines, as an intensifying trade war fueled anxiety over American jobs and rising inflation. The University of Michigan’s closely watched consumer sentiment index, released Friday, fell 11% to 50.8, the lowest since the depths of the pandemic. The decline was “pervasive […]

Economics

33 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

35 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

36 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

37 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

38 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

40 h. ago European Stocks Edge Higher With Index Set for Third Weekly Loss

European stocks rose, paring some of this week’s losses, with investors cautious about the economic effects from the US and China trade war.

Economics

43 h. ago Trade War to Slash China’s Demand for Plastic Feedstock From US

China’s demand for some of the building blocks used to produce plastics is set to drop as costs rise because of the trade war between Beijing and Washington.

Economics

47 h. ago Oil’s Selloff Gathers Pace as Trade War Roils Global Markets

Oil headed for a second weekly loss as mounting disorder in global markets triggered by US President Donald Trump’s aggressive trade policy spurred concerns about a recession and a flight from risk.

Economics

47 h. ago Oil Heads for Weekly Decline as Trade War Roils Global Markets

Oil headed for a second weekly loss as mounting disorder in global markets triggered by US President Donald Trump’s aggressive trade policy spurred concerns about a recession and a flight from risk.

Economics

50 h. ago B.C. premier tells government to cancel American contracts ’wherever viable’

U.S. President Donald Trump has served up “special, derogatory” treatment for Canada in the latest salvo in his global trade war, British Columbia Premier David Eby said. Eby said Thursday that B.C.’s Crown corporations, ministries and health authorities have been told to cancel American contracts “wherever viable,” in the province’s latest move to cut reliance […]

Politics

53 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

53 h. ago Here’s what the new U.S. ambassador says about Canada’s sovereignty

Peter Hoekstra, 71, from Michigan, steps into a hot seat in the middle of the trade war between Canada and the U.S.

Other

53 h. ago TC Energy Rules Out Mainline Sale as Canada Seeks Oil Security

TC Energy Corp. Chief Executive Francois Poirier ruled out selling the Canadian Mainline natural gas pipeline — which stretches across most of the country — as the trade war with the US pushes energy security up Canadian politicians’ priority list.

Events

54 h. ago Trade War Risks Copper Investments Needed to Meet Future Demand

The copper industry is turning attention to how the escalating trade war between the world’s biggest economies will affect investments needed to meet future demand for the wiring metal.

Economics