1 hour ago Trump threatens 200% tariff on European wine after EU proposes American whiskey tariff

WASHINGTON — President Donald Trump on Thursday threatened a 200% tariff on European wine, champagne and spirits if the European Union goes forward with a planned tariff on American whiskey. The European tariff, which was unveiled in response to steel and aluminum tariffs by the U.S. administration, was expected to go into effect on April […]

Economics

2 h. ago Trump Vows 200% Tariff on EU Wine, Escalating Trade Tensions

President Donald Trump threatened to enact a 200% tariff on European wine, champagne and other alcoholic beverages, the latest escalation in a brewing trade war between the US and the EU.

Economics

2 h. ago 40% of Canadians fear losing their jobs due to Trump’s tariffs: poll

Markets have been in a tailspin since Trump began to put in place his massive tariff agenda

Economics

2 h. ago Canadian Auto Parts Stocks Thrown Into a Tailspin by Tariff Woes

Canada’s biggest auto parts names are buckling under the weight of US President Donald Trump’s tariff threats as the chances the North American car manufacturing industry will stall grow. That’s sending stock prices hurtling back down toward levels last seen during the Covid-19 pandemic.

Economics

5 h. 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

5 h. 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

10 h. ago Trump’s $1.4 Trillion Tariff Threat Spurs Companies to Seek Cover

Ozempic-maker Novo Nordisk A/S is planning to make more of its medicines for the US market in the country; Boeing Co. risks a gummed up supply chain and higher aircraft costs it may not be able to pass on; Chinese online retailer Shein Group Ltd. is offering incentives to its top apparel providers to set up new production capacity in Vietnam.

Economics

15 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

18 h. ago Ford wants to sell more electricity to the U.S. — Trump says it ‘doesn’t make sense’

A tense Tuesday of escalating tension between Ford and Trump saw tariff threats increased and traded before an "olive branch" from the White House in the form of a meeting.

Economics

23 h. ago Carney and Ford discuss trade ahead of premier’s visit to Washington

Trump threatened to set the steel and aluminum tariff at 50 per cent if Ontario placed a surcharge on electricity

Economics

25 h. ago Bank of Canada cuts interest rate by quarter point, citing trade turmoil

Lending rate drops to 2.75% as Trump's tariff war shakes economy

Economics

26 h. ago ‘Buy Canada’ pressure builds on $1.6 trillion in pension pot

Trump’s back-and-forth tariff threats are galvanizing an 'invest in Canada' movement that’s prodding pensions to keep more of their cash at home

Economics

27 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

28 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

30 h. ago Trump called Canada a ‘tariff abuser.’ Does Ottawa mistreat American importers?

U.S. President Donald Trump continues to single out Canada as a bad trading partner, claiming in a recent social media post that his northern neighbour is a “tariff abuser” that charges high rates on American goods. The vast majority of U.S. products are not subject to any tariffs under the terms of the North American […]

Economics

33 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

36 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

37 h. ago Singapore Warns of Tariff Cascade as Worried Asia Watches Trump

Singapore’s top trade official warned that a barrage of actions from the US and other countries risks undermining global economic growth, in some of the strongest public comments underscoring concerns in the trade-reliant nation.

Economics

37 h. ago Singapore Warns of Tariff Cascade as Worried Asia Eyes Trump

Singapore’s top trade official warned that a barrage of actions from the US and other countries risks undermining global economic growth, in some of the strongest public comments underscoring concerns in the trade-reliant nation.

Economics

39 h. ago Asian Stocks to Fall After Wall Street’s Wild Ride: Markets Wrap

Asian stocks are set for declines after Wall Street was whipsawed by President Donald Trump’s on-off tariff plans and comments that downplayed fears of a recession.

Economics