9 h. ago Tesla Warns It Faces Retaliation, Costs From Trump Trade War

Tesla Inc. is signaling concern over potential retaliatory moves by other countries as a trade war escalates in the wake of President Donald Trump’s moves to impose tariffs on a wide range of imports.

Economics

14 h. ago ‘Totally annoyed’ Trump targets EU wine with 200 per cent tariff

President says he'll move forward if Brussels taxes American whiskey, itself a retaliation against U.S. steel and aluminum tariffs

Economics

15 h. ago U.S. tariffs push Ottawa to invest more in Canadian steel, aluminum projects

OTTAWA — Industry Minister Francois-Philippe Champagne directed his department on Wednesday to prioritize investments in projects that primarily use Canadian steel and aluminum — part of Ottawa’s reply to the Trump administration’s trade war. Champagne said the move is in response to the “unfair and unjustified” 25 per cent tariffs on steel and aluminum levied […]

Economics

33 h. ago INSIDE THE LEAFS: Did the Leafs make the right move asking Mitch Marner to waive his no

WATCH BELOW the latest episode of Inside The Leafs, Postmedia’s Rob Wong speaks with Toronto Sun Maple Leafs writers Terry Koshan and Lance Hornby about the Maple Leafs reportedly asking Mitch Marner to waive his no-trade clause in a potential deal for Carolina’s Mikko Rantanen and what they have thought about the new additions in […]

Other

38 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

42 h. ago EU retaliates against Trump’s trade moves and hits beef, whiskey, motorcycles with targeted tariffs

BRUSSELS — The European Union on Wednesday announced retaliatory trade action with new duties on U.S. industrial and farm products, responding within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%. The world’s biggest trading bloc was expecting the U.S. tariffs and prepared in advance, but the measures […]

Economics

43 h. ago Britain says retaliation possible over new U.S. tariffs on steel and aluminum

LONDON — British Prime Minister Keir Starmer expressed disappointment Wednesday over the Trump administration’s decision to impose tariffs on global steel and aluminum imports, and said a retaliatory response was possible. During his weekly questioning in the House of Commons, Starmer said his government was taking a “pragmatic approach“ but ”we will keep all options […]

Economics

49 h. ago EU Targets €26 Billion of US Goods in Trump Tariff Retaliation

The European Union launched countermeasures on Wednesday against new US tariffs on steel and aluminum, with plans to impose duties on €26 billion ($28.3 billion) worth of American goods.

Economics

51 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

51 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

53 h. ago Eyes of other possible Trump tariff targets on Canada as it tests ways to fight back

The question is whether Canada has no choice but to embrace brinkmanship, or whether the less-friendly approach just provokes Trump into inflicting more damage

Economics

60 h. ago Ontario backs down on electricity surcharge after Trump threatens chaos

In yet another unanticipated pivot in the never-ending U.S.-Canada tariff saga, Ontario Premier Doug Ford has reneged on imposing a surcharge on electricity exported to neighbouring American states.After holding the retaliatory threat over Donald Trump's head as soon as the tariff talk shifted from the President's characteristic bravado into actual action, Ford properly enacted a 25 per cent tax on power sent to New York, Michigan and Minnesota on Monday, noting that it would add an extra $100 to the bills of 1.5 million homes and businesses and bring in hundreds of thousands of revenue to the province per day.Predictably, this threw Trump into a frenzy, prompting the reality star-turned-leader to announce an increase in tariffs on Canadian steel and aluminum on Tuesday — from 25 to a ridiculous 50 per cent."Based on Ontario, Canada, placing a 25 per cent Tariff on 'Electricity' coming into the United States, I have instructed my Secretary of Commerce to ad...

Other

64 h. ago Trump announces severe retaliation in response to Ontario tariffs on electricity

U.S. President Donald Trump announced further tariffs on Canada on Tuesday, imposed in response to Ontario Premier Doug Ford's 25 per cent tariffs on electricity supplied to the States.Trump took to his Truth Social platform on Tuesday morning, announcing that tariffs on Canadian steel and aluminum products coming into the U.S. would be doubled from 25 per cent to 50 per cent in response to Doug Ford's retaliation to U.S. tariff threats.Trump stated that "Based on Ontario, Canada, placing a 25 per cent Tariff on 'Electricity' coming into the United States, I have instructed my Secretary of Commerce to add an ADDITIONAL 25 per cent Tariff, to 50 per cent, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD.""This will go into effect TOMORROW MORNING, March 12th. Also, Canada must immediately drop their Anti-American Farmer Tariff of 250 per cent to 390 per cent on various U.S. dairy products, which has l...

Economics

3 d. ago Port of Vancouver moves record trade in 2024, supporting Canada and Canadians

Strong performances across the auto, bulk and container sectors, as operators and supply chain partners at Canada’s largest port move record volumes despite challenging environment VANCOUVER, British Columbia, March 10, 2025 (GLOBE NEWSWIRE) — The Port of Vancouver helped facilitate record volumes of Canadian trade in 2024, playing a crucial role connecting Canada to diverse […]

Economics

3 d. ago Ontario Raises Electricity Price by 25% for Minnesota, Michigan and New York

A Canadian province that exports electricity to the US raised power prices for three states by 25% on Monday in retaliation for President Donald Trump’s tariffs.

Economics

4 d. ago CHARLEBOIS: Canada keeps losing at geopolitics, farmers pay the price

Canada has walked itself into an unnecessary trade war with the United States’ biggest geopolitical rival, China. The consequences are now clear: New retaliatory tariffs from China are directly targeting our farmers, affecting over $3 billion in agrifood commodities and products. These measures are a direct response to Canada’s decision to impose a 100% tariff […]

Politics

6 d. ago Toronto Maple Leafs land veteran from Ontario in trade deadline deal

The Toronto Maple Leafs have officially made their first move of trade deadline day.Per the Fourth Period's David Pagnotta, the Leafs have acquired 30-year-old centre Scott Laughton from the Philadelphia Flyers.He is in the fourth year of a five-year contract worth USD$3 million per season.As per The Athletic's Chris Johnston, the Flyers will be retaining half of Laughton's contract, while the Leafs will be sending Nikita Grebenkin to Philadelphia as well as a first-round pick, a fourth-round pick, and sixth-round pick.TSN's Pierre LeBrun added that the first-round pick is for 2027, and it is top-10 protected, meaning it'd slide another year in Toronto ended up drafting within the top-10.Laughton has 11 goals and 16 assists for a total of 27 points in 60 games for the Flyers this season. A former 20th overall pick in 2012 by Philadelphia, Laughton has spent his entire NHL career there. He has played 661 games for the team, putting up 106 goals and 159 assists for a career mark of 26...

Economics

6 d. ago Trump says U.S. will target new tariffs on Canadian dairy, lumber in days

The new tariffs could start as soon as Friday or early next week, Trump told reporters in the Oval Office, claiming Canada has been 'ripping us off for years.'

Economics

7 d. ago Trump Slams India’s ‘Very High’ Tariffs as Modi Seeks Reprieve

US President Donald Trump repeated his criticism of India’s high tariffs, indicating the country remains a target of reciprocal duties set to take effect April 2.

Economics

7 d. ago LILLEY: Doug Ford pushes ahead on retaliation as Donald Trump blinks

Ford and his team says that they aren't about to back down while Trump is still threatening tariffs

Other