3 d. ago OPINION: Carney’s industrial carbon tax will make tariff pain worse 

Self-inflicted wounds can be the most painful and we can’t ignore those injuries during a trade war. United States President Donald Trump is making good on his threat to double his tariffs on Canadian steel and aluminum producers. “A 50 per cent tariff would completely shut us out of the U.S. market,” said Marty Warren, United Steelworkers national […]

Economics

8 d. ago JONAH GOLDBERG: Trump shows that loyalty is all that matters to him

Last week, the Court of International Trade delivered a blow to Donald Trump’s global trade war. It found that the worldwide tariffs Trump unveiled on “Liberation Day” as well his earlier tariffs pretextually aimed at stopping fentanyl coming in from Mexico and Canada (as if) were beyond his authority. The three-judge panel was surely right […]

Other

1 week ago As his trade war faces legal pushback, Trump has other tariff tools he could deploy

WASHINGTON — U.S. President Donald Trump’s tariffs are facing legal headwinds for the first time — but he has other tools he could deploy in his quest to realign global trade. A federal appeals court is still deciding whether there will be a stay on Trump’s universal tariffs enacted through the International Emergency Economic Powers […]

Economics

1 week ago Trump Is Holding Back From Calling Out China Over Russia War Aid

President Donald Trump is holding back from pushing China to halt support for Russia’s war machine as he focuses on other issues in the relationship with its biggest geopolitical rival, according to US and European officials familiar with the matter.

Other

1 week ago Mark Carney directly negotiating with Donald Trump to end trade war

In Ottawa, federal Industry Minister Mélanie Joly confirmed the ongoing discussion

Economics

1 week ago Trump suggests Ukraine, Russia may need to ‘fight for a while’

Trump likened the war in Ukraine — which Russia invaded in early 2022 — to a fight between two young children who hated each other.

Other

1 week ago Afghans who helped America during war plead for exemption from Trump travel ban

ISLAMABAD — Afghans who worked for the U.S. during its war against the Taliban urged President Donald Trump Thursday to exempt them from a travel ban that could lead to them being deported to Afghanistan, where they say they will face persecution. Their appeal came hours after Trump announced a U.S. entry ban on citizens […]

Other

1 week ago U.S. ‘can’t fight a war’ without American steel, Trump tariff chief says

Howard Lutnick defended the doubling of steel and aluminum tariffs while denying the immediate real-world implications that will have on U.S. defence manufacturing.

Economics

1 week ago Asian Stock Futures Buoyed by US Jobs Surprise: Markets Wrap

Asian stocks will likely draw support from US data showing the country’s labor market is holding up despite concerns about risks stemming from President Donald Trump’s tariff war. US shares and the dollar rose.

Economics

1 week ago Bank of Canada Likely to Hold as Uncertainty Mounts: Decision Guide

The Bank of Canada is likely to hold interest rates steady as officials wait for clearer signals on how US President Donald Trump’s trade war will end up striking the economy.

Other

1 week ago U.S., Canadian markets move higher as investors shrug off tariff ‘noise’

Canada’s main stock index edged up and U.S. markets climbed as investors tried to tune out the latest noise from U.S. President Donald Trump’s tariff war. “I think everybody’s taking a wait-and-see approach,” said Allan Small, senior investment adviser at iA Private Wealth, referring to worldwide “reciprocal” tariffs on pause for at least another month. […]

Economics

2 w. ago China says U.S. moves on computer chips, student visas ‘seriously violate’ tariffs truce

Last month's de-escalation in President Donald Trump's trade war lasts 90 days

Economics

2 w. ago Doug Ford and Scott Moe agree to work on eliminating trade barriers on eve of first ministers’ meeting

The premiers have turned their attention to internal trade barriers in the face of U.S. President Donald Trump's trade war

Politics

2 w. ago Poland holds a pivotal presidential runoff influenced by Trump, the far right and the war in Ukraine

WARSAW, Poland (AP) — Poland is set to hold a presidential runoff election on Sunday between two candidates offering starkly different visions for the country’s future. The winner will succeed President Andrzej Duda, a conservative who is finishing his second and final term. The outcome will determine whether Poland embraces a nationalist populist trajectory or […]

Other

2 w. ago Trump and Putin want to talk business once the Ukraine war ends. Here’s why it won’t be easy

Hundreds of foreign companies left Russia after the 2022 invasion of Ukraine, including major U.S. firms like Coca-Cola, Nike, Starbucks, ExxonMobil and Ford Motor Co. But after more than three years of war, President Donald Trump has held out the prospect of restoring U.S.-Russia trade if there’s ever a peace settlement. And Russian President Vladimir […]

Politics

2 w. ago Northern US Mayors Call for End to ‘Irrational’ Trade War With Canada

Mayors in states that border Canada are calling for an end to President Donald Trump’s trade war with the country, saying it has harmed businesses and workers in their communities and upended one of the world’s most successful economic relationships.

Economics

2 w. ago Asian Stocks Set for Weak Start as US Gains Fade: Markets Wrap

Asian stocks were set to decline as investors pared optimism due to legal uncertainties around President Donald Trump’s trade war and a slowing US economy.

Economics

2 w. ago These eight data points show how Trump’s trade war is already affecting the Canadian economy

Many economists are predicting a recession this year, leading to unprecedented uncertainty for businesses and consumers

Economics

3 w. ago Oil’s Plunge, Trade Wars Drive Drilling Land Sales Down in Western Canada

A boom in sales of drilling rights in western Canada’s oil heartland of Alberta is fading as US President Donald Trump’s trade war and OPEC+ production increases hammer crude prices.

Economics

3 w. ago Russia sends record number of drones into Ukraine as Trump says Putin has ’gone crazy’

KYIV, Ukraine — Russia overnight launched the biggest drone attack on Ukraine in the more than three-year war, a Ukrainian official said Monday. President Donald Trump said Russian leader Vladimir Putin has gone “crazy” by stepping up the bombing of Ukraine just as the U.S. tries to broker peace. The Russian bombardment on Sunday night […]

Politics