33 m. ago Trump, EU locked in tariff battle over U.S. whiskey, European wine

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 1.

Economics

2 h. 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

10 h. ago South Korea to Scrutinize Steel Imports in US Tariff Response

South Korea will strengthen its scrutiny of metals imports to protect its producers from potential dumping in the local market after President Donald Trump proceeded with plans to apply 25% tariffs on global steel and aluminum imports.

Economics

21 h. ago Mexico Holds Off Tariff Retaliation as Sheinbaum Bets on US Deal

Mexico is delaying its response to US tariffs on steel and aluminum imports as President Claudia Sheinbaum avoids retaliation while both countries negotiate to avert levies on a wide range of products and services.

Economics

21 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

24 h. ago Canada hitting U.S. with $29.8B in reciprocal tariffs in response to steel and aluminum levies

Canada will be imposing 25 per cent reciprocal tariffs on $29.8 billion of American imports after levies on steel and aluminum went into effect

Economics

26 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

27 h. ago EU retaliates with new tariffs on U.S. industrial and farm products

The European Union announced retaliatory trade action with new duties on U.S. industrial and farm products, responding to an increase in tariffs on all steel and aluminum imports.

Economics

27 h. ago Canadian pride surges amid Trump’s tariffs, sovereignty threats: poll

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.

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

29 h. ago U.S. booze isn’t returning to the LCBO yet. Is prohibition helping in tariff war?

On March 4, Ontario Premier Doug Ford ordered the LCBO to remove U.S.-made alcohol from its stores and wholesale catalogue as part of a tariff response measure.

Economics

45 h. ago Confused about tariff deadlines? Here’s what we know right now

OTTAWA — The trade war between the U.S. and Canada took another turn Tuesday as U.S. President Donald Trump vowed to double the tariff on steel and aluminum imports coming from Canada in response to Ontario’s surcharge on electricity exports. Trump said 50 per cent tariffs will be placed on Canadian steel and aluminum starting […]

Economics

45 h. ago ‘Nobody wins a trade war’: Trump escalates tariffs in response to Ontario’s electricity surcharges

Raises total levy to 50 per cent on steel and aluminum, considered an untenable threshold for domestic producers

Economics

46 h. ago Airline cuts promo of U.S. destinations as 'Canadians may view this negatively'

Porter Airlines said it's shifting its marketing focus and reducing promotions for its U.S. destinations.The airline, headquartered in Toronto and launched in 2006, currently flies to 16 cities in the U.S. However, with the uncertainty brought on by the U.S.-Canada trade war, Porter Airlines said it's cutting back on promoting its destinations in the U.S.In an email statement, a representative said, "We've scaled back marketing our U.S. destinations, as some Canadians may view this negatively."A quick look at the airline's social media reveals a shift in focus toward promoting domestic destinations in the past few weeks."We are at the point of the winter season when capacity transitions to summer schedules, where 75 per cent of our peak capacity is planned for domestic routes," they stated.In response to tariffs and U.S. President Donald Trump's comments about Canada becoming the 51st state, several Canadians have said they've cancelled their U.S. trips.Travel agency Flight Cen...

Other

47 h. ago Ontario ‘won’t back down,’ Ford says as Trump calls for significant tariff hike

Ontario “won’t back down” after U.S. President Donald Trump called for a further tariff hike in response to the province’s 25 per cent export tax on electricity.

Economics

48 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

53 h. ago To cut off U.S. electricity exports entirely, Ontario would have to reduce its output

On Monday, Ford introduced a 25 per cent surcharge on energy exported from Ontario to Michigan, Minnesota and New York as a response to tariffs.

Economics

66 h. ago China tariffs on Canadian seafood add more volatility to industry threatened by Trump

HALIFAX — China’s intent to slap 25% tariffs on Canadian seafood products adds another layer of uncertainty to an industry already threatened by U.S. duties, say sector representatives in Atlantic Canada. China announced the retaliatory tariffs on Saturday in response to the Canadian surtax of 100% on all Chinese-made electric vehicles, and of 25% on […]

Economics

69 h. ago B.C. removes all U.S. liquor from store shelves: Trump can ‘keep his watery beer’

B.C. Premier David Eby will provide an update on Monday morning about the province's response to Donald Trump's tariffs. That press conference will be held at 10:30 a.m.

Other

3 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