65 h. ago Market Rout Starts With Big Tech as Tariff, Inflation Fears Hit

US stocks buckled again Friday as risk assets were pummeled by everything from renewed tariff concerns to signs that inflation remains sticky while consumer spending wobbles.

Economics

65 h. ago Noted economist honoured by Trump warns that 25% tariffs risk ’irreparable damage’ to U.S. automakers

WASHINGTON — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle and says the proposed taxes could weaken the ability of U.S. automakers to compete with their foreign counterparts. In the 21-page analysis obtained by The Associated […]

Economics

3 d. ago ‘No silver bullet’ and tough days ahead, Carney warns in wake of Trump’s auto tariffs

Automobiles and their components are the second largest Canadian export to the United States

Economics

3 d. ago Trump tariffs on Canadian lumber risk disrupting toilet paper supply, experts say

The scenario risks reviving painful memories of pandemic-era toilet paper shortages, when store shelves were stripped bare amid panic buying

Economics

3 d. ago Trump tariffs on Canadian lumber risk pinching U.S. toilet paper supply

President Donald Trump’s promised tariffs on softwood lumber risk disrupting the supply chain for something nobody wants to be caught without: toilet paper. The Trump administration plans to almost double duties on Canadian softwood lumber to 27%, with the possibility of additional levies pushing the rate to more than 50%. While Trump advocates for new […]

Economics

3 d. ago Trump Tariffs on Canada Lumber Risk Pinching Toilet Paper Supply

President Donald Trump’s promised tariffs on softwood lumber risk disrupting the supply chain for something nobody wants to be caught without: toilet paper.

Economics

4 d. ago Asian Stocks Decline as Trump Tariffs Sap Risk: Markets Wrap

Asian equities dropped after President Donald Trump imposed a 25% tariff on US auto imports, prompting investors to pare bets on riskier investments due to concerns about growth in the world’s largest economy. Shares of automakers slid.

Economics

4 d. ago European Stock Futures Drop as Trump Saps Risk: Markets Wrap

European stock futures fell after President Donald Trump imposed a 25% tariff on US auto imports, prompting investors to pare bets on riskier investments due to mounting economic growth concerns.

Economics

4 d. ago Trudeau was warned about Trump’s trade plans before phone call: Briefing note

WASHINGTON — Then-prime minister Justin Trudeau went into his first phone call with a newly re-elected Donald Trump aware that the U.S. president likely was looking to reopen the Canada-U.S.-Mexico Agreement — just a few weeks before he first threatened devastating economy-wide tariffs. A briefing note prepared ahead of the phone conversation between Trudeau and […]

Politics

8 d. ago Sticky US Inflation and Tariffs Are Keeping the Fed Sidelined

US inflation remains at a disquieting level for Federal Reserve officials, just as the Trump administration moves forward with tariffs that risk keeping price pressures elevated.

Economics

9 d. ago States push to shift road funds to transit and bike projects as Trump threatens cuts

CHICAGO (AP) — Hundreds of bicycle advocates were at an annual summit this month in Washington, D.C., when their cellphones lit up over breakfast with an urgent email warning that President Donald Trump’s transportation department had just halted federal grant funding for bike lanes. As the administration targets green energy projects championed by former President […]

Transport

9 d. ago Pilots’ union calls WestJet’s use of Temporary Foreign Worker program ‘problematic’

'Will cause irreparable damage to labour relations,' said Tim Perry, who leads the Canadian arm of ALPA

Transport

1 week ago Canada’s greenhouse sector depends on exports. Will it survive U.S. tariffs?

Canada’s fruit and vegetable sector is deeply intertwined with the U.S. market, but the greenhouse industry is particularly vulnerable.

Economics

2 w. ago Tesla Warns It Faces Retaliation, Costs From Trump Trade War

Tesla Inc. is signaling concern over potential retaliatory moves by other countries as a trade war escalates in the wake of President Donald Trump’s moves to impose tariffs on a wide range of imports.

Economics

2 w. ago Ottawa councillor warns U.S. mayors of the costs of Trump's trade war

In Washington D.C., Coun. Tim Tierney made clear the costs to American municipalities of tariffs to U.S. mayors.

Economics

2 w. ago Canadian mayors, workers worry about ’permanent damage’ from Trump tariffs

Canadian mayors, workers and industry representatives are warning that the Trump administration’s punishing tariffs on steel and aluminum could cost jobs and cause lasting damage to industries on both sides of the border. They say Canada is already starting to see the effects of the tariffs, with a drop in demand from some American customers, […]

Society

2 w. ago Singapore Warns of Tariff Cascade as Worried Asia Watches Trump

Singapore’s top trade official warned that a barrage of actions from the US and other countries risks undermining global economic growth, in some of the strongest public comments underscoring concerns in the trade-reliant nation.

Economics

2 w. ago Singapore Warns of Tariff Cascade as Worried Asia Eyes Trump

Singapore’s top trade official warned that a barrage of actions from the US and other countries risks undermining global economic growth, in some of the strongest public comments underscoring concerns in the trade-reliant nation.

Economics

2 w. ago Trump warns that arrest of Palestinian activist at Columbia will be ’first of many’

NEW YORK — President Donald Trump warned Monday that the arrest and possible deportation of a Palestinian activist who helped lead protests at Columbia University will be the first “of many to come” as his administration cracks down on campus demonstrations against Israel and the war in Gaza. Mahmoud Khalil, a lawful U.S. resident who […]

Other

3 w. ago Chretien tells Trump to ’stop this nonsense’ during speech at Liberal convention

OTTAWA — Moments before the new Liberal leader was announced on Sunday, former prime minister Jean Chretien took to the stage to reprimand U.S. President Donald Trump over tariffs and threats to Canada’s sovereignty. Chretien warned a crowd of Liberals gathered in Ottawa that Canada’s “long and fruitful” relationship with Americans was falling apart with […]

Other