36 h. ago US Auto Exports to Canada Plummet on Tariff Tussle With Trump

Canada imported more vehicles from Mexico than the US in June for the first time in three decades, underscoring the historic shifts underway as the global auto industry grapples with President Donald Trump’s tariffs.

Economics

3 d. ago Whitmer told Trump in private that Michigan auto jobs depend on tariff reversal

WASHINGTON — Michigan Gov. Gretchen Whitmer met privately in the Oval Office with U.S. President Donald Trump to make a case he did not want to hear: The automotive industry he said he wants to save was being hurt by his tariffs. The Democrat came with a slide deck to make her points in a […]

Economics

4 d. ago Whitmer told Trump in private that Michigan auto jobs depend on a tariff change of course

WASHINGTON (AP) — Michigan Gov. Gretchen Whitmer met privately in the Oval Office with President Donald Trump to make a case he did not want to hear: the automotive industry he said he wants to save were being hurt by his tariffs. The Democrat came with a slide deck to make her points in a […]

Economics

4 d. ago Canada faring ‘pretty good’ in Trump’s tariff war, except for this sector

Watch FP Video for updates on Donald Trump's trade war and Toronto's housing market

Economics

5 d. ago Trump put a tariff on gold — or did he? What you need to know about the bullion confusion

Gold futures soared to an all-time high of US$3,534.10 per ounce on Friday

Economics

5 d. ago Canada in better shape than most in Trump’s tariff war, says trade lawyer

Watch Mark Warner on where Canada stands in the trade war and what could lie ahead

Economics

5 d. ago China Defends Buying Russian Oil After Trump’s Tariff Threat

China said its imports of Russian oil are justified, pushing back against US threats of new tariffs after Washington slapped secondary levies on India for buying energy from Moscow.

Economics

6 d. ago S&P/TSX composite index closes lower, U.S. markets mixed amid trade worries

TORONTO — Canada’s main stock index closed down Thursday while U.S. markets were mixed as numerous tariffs imposed by U.S. President Donald Trump against countries took effect. The higher tariff rate hit more than 60 countries and the European Union, ranging from a low of 10 per cent to a staggering 50 per cent on […]

Economics

6 d. ago Trump’s tariff hike hits the world days after U.S. struck Canada with higher duty

WASHINGTON — U.S. President Donald Trump marked 200 days back in office on Wednesday by again hitting nations around the world with increased tariffs, days after slapping Canada with a 35 per cent duty. “BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!” Trump posted on social media just after […]

Economics

6 d. ago India Weighs Trade Options as Trump’s 50% Tariff Strains Ties

New Delhi officials are weighing their options on trade concessions they can offer to the US after President Donald Trump’s decision to impose a 50% tariff on Indian goods, according to people familiar with the matter.

Economics

6 d. ago How India ended up facing steep US tariffs despite its strategic partnership

NEW DELHI (AP) — U.S. President Donald Trump has vowed additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%. India has called the additional tariffs “unfortunate.” Trump’s Wednesday announcement came as India and the U.S. are still negotiating a […]

Economics

6 d. ago Trump’s Punitive India Tariff Spoils Modi’s Russian Oil Math

A US decision to double tariffs on Indian goods as punishment for ongoing purchases of Russian crude leaves the world’s third-largest oil consumer in a tight spot and its refiners in disarray, but the move is unlikely to prompt a radical rethink in New Delhi.

Economics

7 d. ago Gold Gains as Trump’s Tariff Agenda Adds to Market Uncertainty

Gold gained as traders weighed uncertainty created by President Donald Trump’s latest trade moves, including threatening a 100% tariff on chip imports.

Economics

7 d. ago US Futures Climb After Trump Floats Chip Tariffs: Markets Wrap

US futures climbed and Asian equity futures were mixed after President Donald Trump warned he may impose a 100% tariff on chip imports.

Economics

7 d. ago US Futures Rise, Shrugging Off Trump’s Chip Levies: Markets Wrap

US stock futures climbed in early trading Thursday, largely looking past President Donald Trump’s threat of a 100% tariff on chip imports.

Other

7 d. ago Trump threatens 100% tariff on semiconductors, chips coming into U.S.

The move would likely raise the cost of electronics, autos, household appliances and other goods deemed essential for the digital age.

Economics

7 d. ago Trump says he plans to put 100% tariff on computer chips, likely pushing up cost of electronics

WASHINGTON — President Donald Trump said Wednesday that he will impose a 100% tariff on computer chips, likely raising the cost of electronics, autos, household appliances and other goods deemed essential for the digital age. “We’ll be putting a tariff on of approximately 100% on chips and semiconductors,” Trump said in the Oval Office while […]

Economics

7 d. ago Trump Plans 100% Tariff on Chips With Carveout for Apple, Others

Donald Trump said he would impose a 100% tariff on imports that include semiconductors, though would exempt companies moving production back to the United States, as Apple Inc. CEO Tim Cook and the president announced a fresh $100 billion investment plan from the Oval Office.

Economics

7 d. ago Trump says he plans to put a 100% tariff on computer chips, likely pushing up cost of electronics

WASHINGTON (AP) — President Donald Trump said Wednesday that he will impose a 100% tariff on computer chips, likely raising the cost of electronics, autos, household appliances and other goods deemed essential for the digital age. “We’ll be putting a tariff on of approximately 100% on chips and semiconductors,” Trump said in the Oval Office […]

Economics

7 d. ago Carney meeting with cabinet, premiers to discuss latest U.S. tariffs

OTTAWA — Prime Minister Mark Carney is holding virtual meetings with his cabinet and the premiers today, less than a week after U.S. President Donald Trump hit Canada with a baseline 35 per cent tariff.  This latest trade war escalation applies only to goods not covered by the Canada-United States-Mexico agreement on free trade, better […]

Economics