2 h. ago Japan’s finance minister calls U.S. Treasuries ‘a card’ in negotiations with Trump

TOKYO (AP) — Japan’s massive holdings of U.S. Treasurys can be “a card on the table” in negotiations over tariffs with the Trump administration, Finance Minister Katsunobu Kato said Friday. “It does exist as a card, but I think whether we choose to use it or not would be a separate decision,” Kato said during […]

Politics

2 h. ago Japan’s finance minister calls US Treasury holdings ‘a card’ in tariff talks with Trump

TOKYO (AP) — Japan’s massive holdings of U.S. Treasurys can be “a card on the table” in negotiations over tariffs with the Trump administration, Finance Minister Katsunobu Kato said Friday. “It does exist as a card, but I think whether we choose to use it or not would be a separate decision,” Kato said during […]

Politics

6 h. ago Asian shares rise as China says it’s considering US overtures on Trump’s tariffs

HONG KONG (AP) — Asian markets advanced Friday after China’s Commerce Ministry said Beijing is evaluating overtures from the U.S. regarding President Donald Trump’s tariffs. Futures and oil prices advanced. Hong Kong’s Hang Seng surged 1.7% to 22,493.96, while markets in Shanghai were closed for a public holiday. Taiwan’s benchmark jumped 2.2%. An unnamed Chinese […]

Economics

7 h. ago China Shipping Loophole Closed by Trump, Raising Prices for US Consumers

Small-value packages shipped to the US from China will no longer be exempted from tariffs starting Friday, when President Donald Trump’s move against an exception he called a “big scam” takes effect.

Economics

7 h. ago Factories Key to Trump’s ‘Golden Age’ Urge China Tariff Relief

Almost as swiftly as he has erected his tariff wall around the US over the past 100 days, President Donald Trump has issued exemptions for a select but growing family of products like auto parts and smartphones.

Economics

8 h. ago Asia’s Factories Suffer Major Blow as Trump’s Tariffs Hit Demand

Manufacturing activity across most of Asia contracted in April, with companies struggling with weaker demand and pausing new orders in the face of US President Donald Trump’s baseline 10% tariff.

Politics

11 h. ago ‘Battle of Ontario’ has NHL fans louder, more united amid Trump attacks

The NHL 'Battle of Ontario' may provide a newfound sense of Canadian pride amid U.S. President Donald Trump's tariffs and threats of annexation.

Events

12 h. ago Trade war injects note of uncertainty into CN Rail outlook, as profits climb

MONTREAL — Canadian National Railway Co. saw a rise in both profits and uncertainty in its latest quarter as the country’s biggest railroad operator worked through a trade war set off by U.S. President Donald Trump. Despite the tariff turmoil, the company stood by its financial forecast for the year even as other companies have […]

Economics

12 h. ago Canadian automobile parts exempted from Trump tariffs: U.S. Customs

The exemption applies to CUSMA-compliant parts, but not automobile knock-down kits or parts compilations

Economics

12 h. ago Apple says most devices will come from India, Vietnam to avoid U.S. tariffs

Apple's earnings for the first three months of the year topped Wall Street's expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect.

Economics

13 h. ago Trade war injects note of uncertainty into CN Rail outlook, as profits inch up

MONTREAL — Canadian National Railway Co. saw profits rise five per cent in its latest quarter as the country’s biggest railway operator worked through a trade war set off by U.S. President Donald Trump. Despite the tariff turmoil, the company stood by its financial forecast for the year even as other companies have lowered their […]

Economics

13 h. ago Canada auto parts get Trump tariff exemption under CUSMA, U.S. says

The bulletin from U.S. Customs and Border Protection says eligible auto parts under the Canada-United States-Mexico Agreement will be subject to a zero per cent tariff.

Economics

17 h. ago Dominion Says Tariffs May Add $500 Million to Wind Project Cost

President Donald Trump’s tariffs threaten to increase the cost of a big offshore wind farm that Dominion Energy Inc. is building by as much as $500 million, the company said Thursday.

Economics

19 h. ago ‘Save Santa’s supply chain’: Spin Master to reduce China production due to tariffs

TORONTO — Canadian toy manufacturer Spin Master Corp. is pleading to “save Santa’s supply chain” in the wake of U.S. President Donald Trump’s tariffs. The company announced Wednesday it was withdrawing its guidance for the remainder of the year due to “meaningful uncertainty” caused by Trump’s global trade war. It said that tariffs on countries […]

Economics

19 h. ago Whatever happens with Trump’s tariffs, investors need to prepare for a new market paradigm

Rana Foroohar: A 'dollar doomsday scenario' sees a shift in globalization leading to a fall in both the U.S. dollar and U.S. dollar assets

Economics

24 h. ago GM Lowers Guidance as Trump Tariffs Will Cost Up to $5 Billion

General Motors Co. lowered its full-year profit outlook, just two days after suspending earnings guidance, citing exposure to as much as $5 billion in auto tariffs being levied by President Donald Trump.

Economics

25 h. ago Yellen Warns US Recession Risk Is ‘Way Up’ After Trump’s Tariffs

Janet Yellen warned that the risk of a US recession has “gone way up” after Donald Trump’s sweeping tariffs rattled financial markets, consumers and businesses.

Economics

26 h. ago Russia Triples 2025 Deficit Target With Less Energy Income Seen

The Russian Finance Ministry more than tripled its budget deficit target for this year after expectations for revenue and the price of oil were reduced amid US President Donald Trump’s tariffs.

Other

33 h. ago U.S. Senate votes against resolution to block Trump’s global tariffs amid economic turmoil

Wary of a rebuke to Trump, GOP leaders encouraged their conference not to vote for the resolution, even as many of them remain unconvinced about the tariffs

Economics

38 h. ago The Senate is voting on whether to block Trump’s global tariffs amid economic turmoil

WASHINGTON (AP) — Senate Democrats are forcing a vote Wednesday evening on whether to block global tariffs announced by Donald Trump earlier this month, a potentially tough vote for some Republicans who have expressed concerns about the policy but are wary of crossing the president. Trump announced the far-reaching tariffs on nearly all U.S. trading […]

Economics