31 h. 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

1 week ago China Imports of US Commodities, Cars Collapse in New Trade War

China’s imports of US cotton, cars and some energy products all plunged in the first two months of the year after President Donald Trump started imposing tariffs and Beijing retaliated.

Economics

3 w. 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

3 w. 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

3 w. 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

3 w. ago Trump’s Trade War Expands as Metal Tariffs Spur EU Retaliation

President Donald Trump’s 25% tariffs on steel and aluminum imports came into force Wednesday, triggering a reprisal from the European Union as the global trade war enters a new and risky phase.

Economics

3 w. 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

3 w. ago Ontario Raises Electricity Price by 25% for Minnesota, Michigan and New York

A Canadian province that exports electricity to the US raised power prices for three states by 25% on Monday in retaliation for President Donald Trump’s tariffs.

Economics

3 w. ago Doug Ford tells CNN Ontario will still retaliate to Trump's tariff 'mess' despite pause

Donald Trump is set to announce on Thursday a one-month pause on some of the tariffs he has imposed on Canada, but Ontario Premier Doug Ford remains steadfast that the province will fight on despite the pause.Ford, who has been making the rounds on U.S. network news since tariffs were first announced in February, appeared again on CNN on Thursday to discuss the temporary pause.A clip of the interview with CNN anchor Wolf Blitzer was shared by Ford on X, where the premier described the situation as a "mess" and urged Trump to "get to the table to land a deal that creates jobs and grows our economies on both sides of the border." Ford's post stressed that until such a deal is reached, "we won't relent."President Trump has created a mess. Here’s the solution: drop the threat of tariffs completely and let’s get to the table to land a deal that creates jobs and grows our economies on both sides of the border. Until then, we won’t relent. pic.twitter.com/b...

Economics

3 w. ago Trade War Leaves 12 Million Tons of US Crop Sales Under Threat

With China and Canada already hitting back against President Donald Trump’s tariffs and concerns over more retaliation in the works, agriculture traders are now watching for potential cancellations on crop contracts that would put nearly 8 million tons of American corn sales at risk.

Economics

3 w. ago Canada is pulling U.S. booze off shelves. Here’s what Jack Daniel’s maker said

Several Canadian provinces have taken U.S. liquor off store shelves as part of retaliatory measures against President Donald Trump's tariffs.

Other

4 w. ago Canada Won’t Scrap Tariffs Unless All US Levies Are Lifted, Official Says

Prime Minister Justin Trudeau is not open to lifting Canada’s full package of retaliatory tariffs if US President Donald Trump leaves any tariffs on Canada in place, according to a senior Canadian government official.

Economics

4 w. ago How Canada and provincial governments are fighting back against Trump’s tariff war

OTTAWA — The federal government and Canada’s provinces and territories answered U.S. President Donald Trump’s tariffs on Tuesday with immediate acts of economic retaliation and some supports for their own industries. Here’s a look at what they did: Canada: The federal government immediately imposed retaliatory tariffs on $30 billion worth of U.S. goods, with another […]

Politics

4 w. ago Premier Doug Ford details how Ontario will retaliate against Trump's tariffs

Doug Ford took to his podium on Tuesday to yet again address the people of Ontario in regards to U.S. tariffs, which unfortunately came into effect on Canadian goods at 12:01 Tuesday morning.The premier reiterated his unrelenting stance against the move by U.S. President Donald Trump and his team and went over the various ways that Ontario will be reciprocating, a few of which Ford floated just before the same tariffs were delayed at the eleventh hour last month.With no delays from south of the border this time around, here are the immediate courses of action that the Province is taking:LCBO is removing U.S. products from shelvesHe teased it last month, but now, it's really happening: LCBO staff are actively withdrawing American alcohol brands from all stores provincewide as of Tuesday and are also ceasing wholesale activity for these labels to other establishments in the province."LCBO, the largest purchaser of alcohol in the world, will begin removing...

Economics

4 w. ago LCBO website offline in Ontario as retailer scrambles to remove U.S. products

Ontario has initiated its retaliation against U.S. President Donald Trump's tariffs, perhaps most noticeable at LCBO locations, where American alcohol products are rapidly being pulled from shelves.Newly re-elected Ontario Premier Doug Ford is following through on his pledge to remove U.S.-produced alcohol from LCBO locations across the province, a move that has resulted in the provincial retailer's website being taken offline temporarily.Doug Ford's deputy chief of staff, Ivana Yelich, took to X on Tuesday morning to inform LCBO customers that the provincial liquor retailer's website had gone offline as part of the premier's plan to pull U.S. alcohol products from LCBO shelves.At the direction of Premier @fordnation, U.S. products are being removed from @LCBO shelves. pic.twitter.com/BOX1csH972— Ivana Yelich (@yelich_ivana) March 4, 2025Visitors to the LCBO website on Tuesday are being greeted by a message explaining that the website is unavailable while staff make chang...

Technology

4 w. ago Trump Tariffs Spark China Retaliation on US Agricultural Exports

China will impose tariffs on a slew of US farm products as part of its countermeasures against Washington, threatening to disrupt a major portion of trade between the two agricultural powerhouses.

Economics