11 h. ago Newsom Says California Seeks Tariff Exemptions From Trade Allies

Governor Gavin Newsom said he’s seeking exemptions for California-made products from retaliatory tariffs and wants to open talks with global allies over new trade relationships, casting the state as a buffer against the fallout of Donald Trump’s sweeping tariff plan.

Economics

54 h. ago Canada exempt from Trump’s new tariffs, existing duties remain

WASHINGTON — The White House says that Canada and Mexico are exempt from the new reciprocal tariffs announced today by U.S. President Donald Trump.  A fact sheet from Trump’s office says goods imported under the existing continental trade deal, known as CUSMA, will not face tariffs, while those outside the deal will see a 10 […]

Economics

54 h. ago Canada among few exempt from Trump’s new tariffs, existing duties remain

WASHINGTON — Prime Minister Mark Carney will address reporters shortly after the White House declared both Canada and Mexico exempt from new reciprocal tariffs announced Wednesday by U.S. President Donald Trump. A fact sheet from Trump’s office says goods imported under the existing continental trade deal, known as the Canada-U.S.-Mexico Agreement, will not face tariffs, […]

Economics

3 d. ago Japan’s Ishiba says he will push for US auto tariffs exemption

TOKYO (AP) — Japan’s Prime Minister Shigeru Ishiba said Tuesday his government is making last ditch efforts to get U.S. President Donald Trump to exclude his country from an increase in auto tariffs due to take effect from Wednesday. Ishiba told reporters he is willing to fly to Washington to negotiate directly with Trump. The […]

Economics

4 d. ago Trump Tariffs Pique Crisis Fear in Japan as Ishiba Vows Support

The Trump administration’s tariffs are forcing Japan’s government to scramble to come up with support measures for businesses amid concerns that the levies might create a big economic crisis for the Asian nation.

Economics

4 d. ago White House says ‘no exemptions’ as Canada braces for new wave of U.S. tariffs

WASHINGTON — White House Press Secretary Karoline Leavitt said Monday there will be “no exemptions” to U.S. President Donald Trump’s latest moves to upend global trade this week and it remains unclear just what duties will fall on Canada. Global markets have been rattled by confusion over how Trump will pursue his global trade agenda. […]

Economics

4 d. ago Trump tariffs not large enough to trigger recession so far in Canada: RBC

An RBC report says a "large majority" of Canadian exports to the U.S. will be exempted from Trump's tariffs so far under the free trade agreement, reducing recession risk.

Economics

5 d. ago UK’s Starmer in ‘Productive’ Talks With Trump Before Crunch Week

UK Prime Minister Keir Starmer held “productive” discussions about “an economic prosperity deal” on a call with US President Donald Trump Sunday evening ahead of a crunch week in which the government hopes to carve out exemptions from looming US tariffs.

Other

8 d. ago Elon Musk is one of the few winners from Trump’s auto tariffs

Donald Trump’s planned tariffs on auto imports will hurt carmakers around the world and push up prices for U.S. consumers. Among the many losers, one winner stands out: Elon Musk’s Tesla Inc. The electric vehicle maker has large factories in California and Texas that churn out all the cars it sells in the U.S., insulating […]

Economics

1 week ago Ishiba Plans ‘Powerful’ Inflation Measures Ahead of Election

Japanese Prime Minister Shigeru Ishiba is planning “powerful” measures to ease the impact on consumers coming from price hikes, according to local media reports.

Economics

1 week ago Japan’s Ishiba Plans Price Measures Through Existing Budgets

Japanese Prime Minister Shigeru Ishiba is planning measures to ease the impact of inflation on consumers that draw on policies already incorporated in the current and upcoming fiscal year budgets.

Economics

1 week ago Trump says he ‘may give a lot of countries breaks’ from April 2 tariffs

Canada has had discussions with the Trump administration in recent weeks to seek exemptions from existing tariffs and 'reciprocal' levies set for April 2.

Economics

1 week ago India to Seek Tariff Reprieve in Meeting With US Trade Officials

India’s government will seek an exemption from President Donald Trump’s reciprocal tariffs when US officials arrive in the country Tuesday for talks over a bilateral trade agreement, people familiar with the matter said.

Economics

2 w. ago Tariffs may be 'catastrophic' for independent bookstores, publishers

Booksellers are urging Prime Minister Mark Carney to exempt books from a planned 25 per cent tariff on American imports

Economics

3 w. ago Japan’s Muto Reiterates Plea for Exemption From Trump Tariffs

Japan’s trade minister doubled down on a request for Japan to be excluded from President Donald Trump’s tariff campaign in his first in-person discussions with his US counterparts.

Economics

4 w. ago Bank of Canada interest rate change is coming next week and here's what to expect

The Bank of Canada (BoC) brought its key interest rate down by 0.25 per cent to three per cent in 2025's first update in January.At the time, 25 per cent tariffs from the U.S. were a threat, and expert speculation took them into account.The tariffs became a reality earlier this week. Days into tariffs taking effect, U.S. officials hinted at pausing tariffs for another month and removing certain agricultural products from the list of tariffed items.On Thursday afternoon, U.S. President Donald Trump partially reversed sweeping tariffs on some items for another month. The White House said goods compliant with the North American trade agreement will be exempt until April 2.Overall, there is growing uncertainty, and tariffs remain a swinging pendulum.This year's second BoC interest rate update is scheduled for Wednesday, March 12. This time, industry experts have more tariff-related concerns, including the U.S.'s game of will-they-won't-they. Once again, many predict a consecut...

Other

4 w. ago Trump waives tariffs on Mexico, not Canada, for 1 month on most products

Trump's announcement of the pause until April 2 did not mention Canada, and came shortly after he levelled new attacks against Prime Minister Justin Trudeau.

Economics

4 w. ago Howard Lutnick tells CNBC more tariffs exemptions likely coming soon

One-month exemption likely for goods and services covered by USMCA trade deal

Economics

4 w. ago Trudeau says Canada will not back down as Trump eyes larger tariff exemptions

'I can confirm that we will continue to be in a trade war that was launched by the United States for the foreseeable future,' Trudeau said

Politics