2 w. ago Ottawa says automakers that keep manufacturing in Canada will get a tariff exemption

WASHINGTON — Automobile companies that continue to manufacture vehicles in Canada will receive an exemption from Ottawa’s retaliatory tariffs as U.S. President Donald Trump attempts to upend the North American industry through steep import duties. Federal Finance Minister Francois-Philippe Champagne announced Tuesday that auto manufacturers will be allowed to import a certain number of U.S.-assembled […]

Economics

2 w. ago Trade war ramps up as China retaliates by raising tariffs on U.S. imports

China hits back by raising tariffs on imported American products from 84 per cent to 125 per cent after the U.S. raising tariffs on China earlier this week.

Economics

2 w. ago British Columbia to Axe US Contracts, Pushing Back in Trade Spat

British Columbia, Canada’s third-most populous province, directed its agencies and state corporations to ditch US suppliers, extending its retaliation in response to President Donald Trump’s tariffs and threats.

Economics

2 w. ago The EU will put tariff retaliation on hold for 90 days to match Trump’s pause

BRUSSELS (AP) — The European Union’s executive commission said Thursday it will put its retaliation measures against new U.S. tariffs on hold for 90 days to match President Donald Trump’s pause on his sweeping new tariffs and leave room for a negotiated solution. European Commission President Ursula von der Leyen said that the commission, which […]

Economics

2 w. ago Dave Chappelle’s scorching prediction on Trump’s policies resurfaces amid trade war

An eerie take from Dave Chappelle has emerged as stock markets tumble, and tariffs and retaliations mount as U.S. President Donald Trump brought his trade war to the world. In 2017, the comedian joked about Trump’s handling of international relations, calling them “high people ideas.” On April 2, Trump placed a 34% increase on China […]

Economics

2 w. ago EU imposes new tariffs on $23 billion in US goods in retaliation for Trump’s steel, aluminum tariffs

BRUSSELS (AP) — European Union member states have voted to approve retaliatory tariffs on $23 billion in goods in response to U.S. President Donald Trump’s 25% tariffs on imported steel and aluminum. The tariffs will go into effect in stages, with some on April 15 and others on May 15 and Dec. 1. The EU […]

Economics

2 w. ago Canada adds more retaliatory tariffs as Trump’s trade war hits the world

Ottawa's response to auto duties includes similar tariffs on vehicles imported from the U.S.

Economics

3 w. ago Xi Switches to Fighting Mode as Trump Trade Deal Looks Unlikely

President Xi Jinping’s decision to quickly retaliate against Donald Trump’s sweeping tariffs sent the world a clear message: If the US wants a trade war, China is ready to fight.

Economics

3 w. ago Southeast Asia Rushes to Avert Tariff Pain by Enticing Trump

Countries in Southeast Asia, major sources of exports to the US, are angling to accommodate President Donald Trump rather than retaliate against his punishing tariffs, seeking to keep exports flowing to one of their biggest markets.

Economics

4 w. ago Latin Americans Split on Retaliation as Trump’s Tariffs Loom

Latin Americans are broadly worried about US tariffs but have mixed feelings about how their leaders should respond to the barrage of trade levies Donald Trump is poised to unveil this week.

Economics