2 h. ago Trump administration says it will exclude some electronics from ’reciprocal’ tariffs

The Trump administration says electronics like smartphones and laptops will be excluded from ‘reciprocal’ tariffs, a move that could help keep prices down for popular consumer electronics that aren’t usually made in the U.S. The announcement on Friday would also benefit big tech companies like Apple and Samsung. The U.S. Customs and Border Protection said […]

Politics

2 h. ago ’ASLEEP AT THE WHEEL’: Michigan city braces for impact of Trump’s tariffs

FLINT — Just north of downtown Flint, Mich., a two-story red brick building known as Factory One sits as just one reminder of the rich history here of the American automobile industry. The factory, the birthplace of General Motors, still stands as a beacon of innovation in the Michigan city where the number of autoworkers […]

Economics

5 h. ago Democrats dislike the ‘chaos’ of Trump’s trade war but are OK with some tariffs

WASHINGTON (AP) — Democrats are quick to say that President Donald Trump’s tariffs are horrible, awful, terrible. But Democrats are also stressing that they are not inherently anti-tariff. What Trump’s political opponents say they really dislike is the “chaos” he has unleashed. “Tariffs are an important tool in our economic toolbox,” said Sen. Elizabeth Warren, […]

Economics

6 h. ago Trump’s China tariff shocks US importers. One CEO calls it ‘end of days’

WASHINGTON (AP) — Rick Woldenberg thought he had come up with a sure-fire plan to protect his Chicago-area educational toy company from President Donald Trump’s massive new taxes on Chinese imports. “When he announced a 20% tariff, I made a plan to survive 40%, and I thought I was being very clever,” said Woldenberg, CEO […]

Economics

7 h. ago Charting the Global Economy: Turbulence Accompanies Tariff Pause

In the days following President Donald Trump’s mid-week decision to pause the stiffest of US tariffs — save for super-high duties on China — global financial markets remained turbulent, with investors seeking safe harbor and some central banks lowering interest rates.

Economics

9 h. ago European Firms Stockpile, Shift Production to Brace for Tariffs

Donald Trump has — for now — backed off of his steepest tariff increases. But with other duties still in place, doing business in the US is about to get costlier for EU companies.

Economics

19 h. ago Carney warns of signs that global economies are slowing amid Trump’s tariffs

OTTAWA — Prime Minister Mark Carney said there are signs the global and Canadian economies are slowing as U.S. President Donald Trump’s trade war escalated again Friday, with China announcing it will push up retaliatory tariffs to 125 per cent. “In the last week there have been a lot of developments in terms of U.S. […]

Economics

19 h. ago Trump hasn’t worked out how auto parts tariff would work, Ontario minister says

The Trump administration has yet to land on a formula for tariffs on automotive parts, according to one of Premier Doug Ford's top cabinet ministers.

Politics

19 h. ago NYC champagne bar to manage Trump tariffs with smaller pours

The flutes might soon be a little less full at one New York City champagne bar, thanks to sweeping U.S. tariffs on European imports that include French wine and champagne. Herve Rousseau, the owner of Flute Bar, said he’s considering pouring about 10% less per glass for French bottles to avoid raising prices, and he […]

Economics

20 h. ago Canada’s auto sector weighs ‘difficult’ new reality under Trump’s tariffs

The first week of auto tariffs imposed by U.S. President Donald Trump has come to an end, and Canada's auto sector says not only have they been hit by costs but ongoing confusion.

Economics

20 h. ago Hedge Funds Reversed Oil Bets at Record Pace After Trump Tariffs

Hedge funds reversed their position on oil at the fastest pace on record as US President Donald Trump imposed tariffs against major trade partners, threatening to cripple global energy demand.

Economics

23 h. ago Could Trump’s tariffs slow emissions? Sure, experts say, but at great cost overall

President Donald Trump’s sweeping global tariffs have stirred widespread anxiety about a severe economic downturn — and curiosity, for some, about how it might affect the world’s warming climate. Experts say a slowdown in international trade might have a brief and slight benefit in reducing greenhouse gas emissions, which come in part from fuels like […]

Economics

23 h. ago Mark Carney says global economies are slowing amid Trump’s tariffs

Markets have been in turmoil since Trump escalated his trade war with the world

Economics

27 h. 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

27 h. ago US Producer Prices Unexpectedly Fall, Dragged Down by Energy

US wholesale prices fell in March by the most since October 2023, restrained by energy costs and adding to evidence of muted inflation ahead of the Trump administration’s tariffs on US trading partners.

Economics

28 h. ago Mark Carney back in Ottawa to address Donald Trump’s trade war 

Prime Minister Mark Carney is shifting his focus from the federal election campaign Friday to address the escalating global trade war launched by President Donald Trump.

Economics

29 h. ago Lorne Gunter: Carney pauses Liberal campaign to avoid tough questions

On Thursday, Liberal Leader Mark Carney announced he was pausing his campaign for the third time so he could deal with the Trump trade tariffs. But Trump’s tariffs are the campaign. Without the chaos created by the deranged trade policies of the Madman of Washington, the Libs would still be a distant second in voter […]

Events

29 h. ago Most Canadians say they expect to feel U.S. tariffs, want Canada to fight back: poll

Trump has imposed tariffs on Canada and countries around the world, and has threatened to increase them if those countries insist on retaliating with tariffs of their own

Economics

29 h. ago US Firms Are Losing Their Appeal Among Europe’s Credit Investors

European credit investors are dialing back exposure to the US to recession proof their portfolios as President Donald Trump’s unpredictable tariff policy clouds the outlook for the world’s biggest economy.

Economics

30 h. ago Here’s what some exporters in China say about Trump’s trade war

YIWU, China (AP) — The trade war between the world’s two largest economies is escalating as China on Friday slapped a 125% tariff on U.S. goods in response to President Donald Trump’s 145% tariff on Chinese products. Caught in the crosshairs are businesses that are part of the more than $582.4 billion trade between the […]

Economics