23 h. ago Ontario has new path to budget balance, Ford signals amid need for tariff relief

Ontario Premier Doug Ford is signalling that his government’s upcoming budget may not be balanced, as the province needs to support people in the face of U.S. President Donald Trump’s tariffs. Ford announced today that in the Ontario budget to be tabled May 15, the province will be adding nearly $1 billion over three years […]

Economics

65 h. ago Experts see hopeful signs as Carney prepares to talk trade with Trump

WASHINGTON — Prime Minister Mark Carney will be watched closely by Canadians infuriated by Donald Trump — and by an anxious business community looking for tariff relief — when he meets with the U.S. president Tuesday in Washington. After months of Trump’s annexation threats, the newly elected prime minister will be tasked with a delicate […]

Economics

3 d. ago As Carney prepares to talk trade with Trump, experts call for a united front

Prime Minister Mark Carney will be watched closely by Canadians infuriated by Donald Trump — and by an anxious business community looking for tariff relief.

Economics

5 d. ago Trump’s Auto Tariff Relief Shields USMCA Auto Parts From 25% Tax

President Donald Trump’s revised auto tariff plan continues — at least for now — an exemption for parts that comply with the free trade agreement spanning North America, a concession desperately sought by industry.

Economics

5 d. ago Auto parts tariff exemption provides ‘certainty and relief,’ says Magna

TORONTO — The head of Magna International Inc. is cheering a tariff exemption for automobile parts compliant with the Canada-U.S.-Mexico Agreement. The U.S. had said last month it would start charging a 25 per cent tariff on all imported auto parts by May 3, but U.S. Customs and Border Protection guidance released Thursday provided clarification. […]

Economics

5 d. 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

7 d. ago Automakers get some relief on 25% tariffs as Trump signs new executive order

'We just wanted to help them endure this little transition, short term if they can’t get parts we didn’t want to penalize them'

Economics

8 d. ago Trump set to give U.S. automobile industry some relief from multiple duties

The relief will facilitate reshoring American auto manufacturing, says Treasury Secretary Scott Bessent

Other

8 d. ago Trump set to give automobile industry some tariff relief: White House

WASHINGTON — White House Press Secretary Karoline Leavitt said U.S. President Donald Trump is set to sign an executive order on automobile tariffs later Tuesday which is intended to provide some relief to the industry besieged by multiple duties. Leavitt did not provide details about the action but Treasury Secretary Scott Bessent said Trump is […]

Economics

8 d. ago Trump to give auto sector tariff relief to spur move to U.S.

Treasury Secretary Scott Bessent says Trump is committed to bringing automobile manufacturing back to the U.S. and the change will help automakers move production faster.

Economics

3 w. ago Thailand Finalizes US Trade Strategy Ahead of Talks Next Week

Thailand aims to hold talks with Trump administration officials next week to secure relief from a planned 36% reciprocal tariff on its goods, with officials finalizing a set of proposals including to cut its $46 billion trade surplus with the US.

Economics

3 w. ago Oil Returns to Losses as Market Concerns Over Trade War Persist

Oil extended a volatile run as investors grappled with abrupt shifts in US tariff policy, with futures returning to losses after a brief relief rally ignited by President Donald Trump’s decision to pause some levies.

Economics

4 w. ago Asian Nations Promise to Buy More US Gas to Win Tariff Relief

Asian governments from South Korea to Indonesia are rushing to sign up for liquefied natural gas purchases from the US, hoping to reduce trade surpluses with the world’s largest economy and secure some relief from President Donald Trump’s sweeping “reciprocal” tariffs.

Economics