44 h. ago Ford and other companies expecting billions in tariff impacts this year

As car companies report earnings for the first quarter of the year, many are signalling future profits will be impacted due to U.S. tariff policies.

Economics

3 d. ago SMBs Sound the Alarm: 85% of Small Business Owners Fear Recession

National study by LegalShield reveals 85% of small business owners are anxious about tariff impact Company’s internal data shows uptick in SMB collections, billing disputes and bankruptcy inquiries at levels not seen since 2020 ADA, Okla. — Small business owners across America are increasingly concerned about economic uncertainty and the impact of potential tariffs, according […]

Economics

6 d. ago BASF Warns It Needs More Time to Assess Tariff Impact on Outlook

BASF SE warned that uncertainty caused by President Donald Trump’s trade tactics means it can’t make reliable predictions for its business this year.

Economics

8 d. ago US inflation cools and Americans step up spending as they brace for tariff impact

WASHINGTON (AP) — A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trump’s tariffs were implemented. At the same time, consumers accelerated their spending, particularly on cars, likely in an effort to get ahead of the duties. Wednesday’s report from the Commerce Department […]

Economics

8 d. ago UPS set to lay off 20,000 workers as it reduces business with Amazon

UPS said Tuesday that it expects to cut 20,000 jobs this year and close 73 buildings in the next two months, as the company reduces its business with Amazon and faces wider economic uncertainty. The shipping giant said in its first quarter earnings news release that the moves were expected to save $3.5 billion this […]

Society

8 d. ago Tariff impact grows as companies’ steps to soften blow fades: Deloitte

Deloitte Canada's chief economist says a modest downturn is ahead for Canada, while a loss of free-trade access to the United States would create a more permanent hit.

Economics

8 d. ago Stocks Are Mixed in Buildup to Big Tech Earnings: Markets Wrap

European stocks rose, while US futures slipped as tariff turmoil threw up a mixed impact on company earnings and as investors looked ahead to key US economic data.

Economics

2 w. ago Nissan revises down its earnings forecast with bigger losses

TOKYO (AP) — Nissan expects to rack up a loss totaling 700 billion yen ($4.9 billion) to 750 billion yen ($5.3 billion) for the fiscal year through March because of declining sales and the losing value of its assets, the embattled Japanese automaker said Thursday. Nissan Motor Corp. was already expecting red ink, but the […]

Transport

2 w. ago Trump’s steel, aluminum tariff impacts start to build 1 month in

It's still not clear how much higher the tariffs will push consumer prices and translate into reduced demand, but industry insiders say the risks are building.

Economics

2 w. ago Kinaxis Launches Tariff Response Solution to Help Supply Chains Adapt to Disruption with Confidence

New solution simulates tariff impacts, aligns teams, and enables action in under three weeks OTTAWA, Ontario — As ongoing tariff pressures and trade uncertainty continue to reshape global supply chains, Kinaxis® (TSX:KXS), the leader in real-time supply chain orchestration, today launched Kinaxis Tariff Response – a new offering that helps companies simulate tariff exposure, run […]

Economics

3 w. ago Steel, Aluminum Makers’ Earnings to Shed Light on Trump Tariff Impact

When the world’s biggest aluminum- and steel-makers report first-quarter earnings, investors are hoping they’ll offer a window into how President Donald Trump’s tariff measures will ripple through the industry in the coming year.

Economics

3 w. ago Bank of Canada holds interest rate steady for first time in 2025

The Bank of Canada (BoC) announced that it's holding its policy rate at 2.75 per cent on Wednesday morning.Before this, the central bank had made two 0.25 per cent cuts to its key interest rate, with the last one on March 12 bringing the rate to 2.75 per cent.On Tuesday, Statistics Canada shared March inflation data, showing that inflation slowed to 2.3 per cent following a 2.6 per cent increase in February.Last week, Ratehub.ca mortgage expert Penelope Graham told us that while Canada had largely dodged the worst of the tariff pain, the BoC's policymakers would assess the impact on our trade partners, and the effect at home, to make a decision on April 16.She said the central bank would be weighing plummeting consumer and business sentiment, based on its own quarterly survey.Upcoming Bank of Canada rate announcementsKeep an eye on the Bank of Canada website at 9:45 a.m. on the following dates:Wednesday, June 4, 2025 (rate update only)Wednesday, July 30, 2025 (rate up...

Other

3 w. ago Capital Power Announces Strategic Acquisition of Two Flexible Generation Assets in PJM and a $500 Million Offering of Common Shares

US$2.2 billion (~CAD$3.01 billion) acquisition expected to be immediately accretive to adjusted funds from operations per share BASE SHELF PROSPECTUS IS ACCESSIBLE, AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+ NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Acquisition Highlights: Strategic entry into PJM2: establishes […]

Economics

3 w. ago Economist predict March inflation at 2.6 per cent, with ‘modest’ tariff impact

While trade tensions have helped put pressure on inflation in areas like a lower loonie, they've also reduced pressure in other areas, like lower economic confidence and lower commodity prices

Economics

3 w. ago CGTN: China’s silver screen pivot: Why U.S. tariff policy is to blame

CGTN published an article on how China’s new film partnership with Spain contrasts with its cuts to U.S. film imports, exposing the self-defeating impact of America’s tariff war – jeopardizing Hollywood’s most lucrative foreign market and undermining the country’s broader services trade dominance. BEIJING, April 13, 2025 (GLOBE NEWSWIRE) — During Spanish Prime Minister Pedro […]

Economics

3 w. ago Mexico Aims to Raise Auto Tariff Exemptions, Trade Official Says

Mexico wants a greater proportion of each auto built in the country to qualify for US origin status, a move that would lower the impact of President Donald Trump’s tariff policies, Deputy Economy Minister for Foreign Trade Luis Rosendo Gutierrez said.

Economics

4 w. ago Thai Parliament Holds Urgent Debate as US Tariff Takes Effect

Thailand’s parliament held an urgent debate on the fallout of the 36% US levy on the country’s exports as lawmakers expressed concern about the long-term impact of the tariff on the trade-reliant nation’s economy.

Economics