86 m. ago Oil in Freefall Reorders Energy Landscape From US to Middle East

The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape with stunning speed.

Other

1 hour ago From the headlines to the classroom: Oakridge students tackle Trump tariffs

Students in the international baccalaureate diploma program at Oakridge secondary school are learning about real world political problems

Economics

1 hour ago Trump tariff impacts ‘significantly larger than expected’: U.S. Fed chair

U.S. Federal Reserve Chair Jerome Powell warned that Donald Trump's tariffs will likely lead to higher inflation and slower economic growth.

Economics

2 h. ago Premiers meeting with U.S. officials helped Canada avoid worse Trump tariffs: Scott Moe

'I wouldn't say (the outcome) is successful, but I would say that it is seeing a relatively positive outcome ... relative to many other nations,' Scott Moe said

Economics

2 h. ago Federal Reserve chief says Trump tariffs likely to raise inflation and slow U.S. economic growth

ARLINGTON, Va. — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth for the U.S. economy, Federal Reserve Chair Jerome Powell said Friday. Powell said that the tariffs, and their likely impacts on the economy and inflation, are “significantly larger than expected.” He also said that the import taxes […]

Economics

3 h. ago Talks with Americans helped Canada avoid extra Trump tariffs

Canada was not hit with broad levies, but tariffs of 25 per cent still apply to Canadian steel, aluminum and automobiles

Economics

3 h. ago Most Republicans won’t use U.S. Congress’ power to stop Trump’s tariffs

A handful of Republicans say they support limiting the president's ability to impose tariffs, but the idea of defying Trump seemed to squelch potential for quick action.

Economics

5 h. ago China imposes 34 per cent tariff on all U.S. imports starting April 10

Tariff matches rate of U.S. 34 per cent "reciprocal" tariff on Chinese exports that Trump ordered this week

Economics

5 h. ago US Stocks Rout Escalates as S&P Heads For Worst Week Since Covid

US stocks are heading for their worst week since March 2020 after the S&P 500 Index lost roughly $4.7 trillion in market value in just the last two sessions as Federal Reserve Chairman Jerome Powell said that the Trump administration’s tariffs “could have a persistent impact on inflation.”

Economics

6 h. ago Global markets continue sharp losses as China retaliates for U.S. tariffs

Stock markets worldwide, including Bay and Wall Streets, as well as commodities like oil and gold continued a sell-off after China retaliated for U.S tariffs.

Economics

7 h. ago Trump hits the golf course as the stock market plummets for a second straight day over tariffs

WEST PALM BEACH, Fla. (AP) — Two days after sending the economy reeling by announcing widespread tariffs, President Donald Trump insisted his trade policies will never change as he remained ensconced in a bubble of wealth and power in Florida. He woke up on Friday morning at Mar-a-Lago, his private club in Palm Beach, and […]

Economics

7 h. ago US Solar’s Hoarding Habit Will Help Blunt Sting From Trump Tariffs

The US has imported about 80% of modules from four Southeast Asian countries that face big new levies.

Economics

7 h. ago Shale Stocks Battered as Trump Tariffs Subvert His Push to Drill

Shale-oil companies are taking some of the harder lumps on Wall Street as crude prices tumble and President Donald Trump’s trade war runs headlong into his goal to turbocharge US energy production.

Economics

8 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

8 h. ago Nasdaq 100 Races Into Bear Market as Trump Tariffs Spark Rout

The Nasdaq 100 plunged toward a bear market as its losses from a February high surged past 20% as investors ditch once high-flying tech shares in a broard market rout.

Economics

8 h. ago The Terror of Trump's Tariffs: What does it all mean for Ottawa?

"We're going to have to make an adjustment," says Kichesippi Beer Co. owner Paul Meek in response to tariffs U.S. president Donald Trump imposed on "Liberation Day."

Economics

9 h. ago TSX down almost 1,000 points, U.S. markets sink for second day

Canadian and U.S. stock markets continue to be roiled by U.S. President Donald Trump’s tariff plans as they plunged for a second day Friday. The S&P/TSX composite index was down close to 1,000 points, or four per cent, in late-morning trading after also closing down four per cent Thursday. In New York, the Dow Jones […]

Other

9 h. ago New and used car prices set to rise due to Trump tariffs: experts

Experts say U.S. tariffs on Canadian auto imports will drive prices higher for both new and used cars. Sean Mactavish, CEO of used-car marketplace Autozen, says prices are already rising on some used cars as sellers anticipate buyers looking for a better deal compared to a new vehicle. “New car prices go up. People (look) […]

Economics

9 h. ago High anxiety over softwood lumber despite tone change from U.S.

Eby's comments come as Canada has largely escaped the worst of Trump's tariff announcements on Wednesday

Other

11 h. ago China imposes 34% tariff on imports of all U.S. products starting April 10

BEIJING — China announced Friday that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S. President Donald Trump’s “Liberation Day” slate of double-digit tariffs. The new tariff matches the rate of the U.S. “reciprocal” tariff of 34% on Chinese exports […]

Economics