55 h. ago Planning a spring home project? Why you should factor in Trump tariffs

The U.S. and Canadian construction industries are highly interlinked and experts warn that a trade war could make home renovations costlier.

Economics

6 d. ago European Stocks Jump Most in Five Years on Trump Tariff Reprieve

European stocks rallied after US President Donald Trump paused plans to implement higher reciprocal tariffs on dozens of trade partners, easing concerns about a global trade war.

Economics

8 d. ago White House keeps world guessing as clock ticks down to Trump’s new tariffs

WASHINGTON — Less than one hour before the stock market closed on Monday, journalists gathered in the Oval Office for their only chance of the day to ask President Donald Trump about the turmoil caused by his tariff plans. Are the new tariffs, scheduled to take effect on Wednesday, a bargaining chip to reach better […]

Economics

8 d. ago ‘What is the plan?’: Trump trade rep pushed on tariffs by U.S. lawmakers

U.S. Trade Representative Jamieson Greer addressed senators after global markets swung wildly and some business leaders lambasted the president's aggressive bid to raise tariffs.

Economics

1 week ago Tariffs will make sneakers, jeans and almost everything Americans wear cost more, trade groups warn

NEW YORK (AP) — Sending children back to school in new sneakers, jeans and T-shirts is likely to cost U.S. families significantly more this fall if the bespoke tariffs President Donald Trump put on leading exporters take effect as planned, American industry groups warn. About 97% of the clothes and shoes purchased in the U.S. […]

Economics

1 week 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

1 week 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

1 week ago ‘Unscathed’ From Tariffs, Mexico Stocks Jump Most in the World

Mexico’s stock market soared the most in the world on Thursday as investors piled in following the news that the country was excluded from President Donald Trump’s plan to impose tariffs on trading partners.

Economics

1 week ago Stellantis temporarily halts production at 2 plants in Canada, Mexico as auto tariffs take effect

Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles. The move will result in the temporary layoff of 900 U.S. employees. Stellantis, which owns car brands like Jeep, Citroen and Ram, said Thursday it will be […]

Economics

1 week ago BREAKING: Stock markets in Canada and U.S. tumble after tariff announcement

Stock markets in Canada and the U.S. plunged at the start of trading following the announcement of U.S. President Donald Trump’s latest tariff plan. The S&P/TSX composite index was down 616.25 points at 24,690.93. In New York, the Dow Jones industrial average was down 1,105.78 points at 41,119.54. The S&P 500 index was down 181.56 […]

Economics

1 week ago Trump’s tariff plan includes a ‘fallback’ in case fentanyl justification falters

The U.S. administration may opt to reduce tariffs on Canada to the 12% level

Economics

2 w. ago ’Liberation Day’: A timeline of Donald Trump’s trade war with Canada

For over a year before the November 2024 presidential election, Donald Trump had been signalling plans to impose across-the-board tariffs if he won the United States presidency.  Trump was elected on Nov. 5, and it’s been a roller-coaster ever since for Canadian leaders and businesses. He has threatened, enacted, modified and delayed multiple rounds of […]

Economics

2 w. ago U.S. Senate measure to end Trump’s Canada tariffs may pass with GOP support

The vote on the Democratic measure comes as Trump is due to announce his so-called 'reciprocal' tariff plan that seeks to reorient global trade.

Economics

2 w. ago Hyundai and General Motors have signed an agreement to share technology and manufacturing expertise and that may bring a new Hyundai van to Cami assembly, said Sam Fiorani, vice

A Korean automotive giant is looking for a foothold in the Canadian auto industry and Cami Assembly in Ingersoll just might be it.

Economics

2 w. ago Trump’s Tariff Plans Still in Limbo Ahead of Rose Garden Event

President Donald Trump’s deliberations over his plans to impose reciprocal tariffs are coming down to the wire, with his team said to be still finalizing the size and scope of the new levies he is slated to unveil on Wednesday afternoon.

Economics

2 w. ago Alberta Premier Smith expects key industries to escape imposition of new U.S. tariffs

Alberta Premier Danielle Smith says she expects some major industries, including those in her province, won’t face new tariffs from U.S. President Donald Trump. Smith told reporters Tuesday that things could change, but she thinks food production and oil and gas won’t be targeted under Trump’s new tariff plan, which is set to be announced […]

Economics

2 w. ago Europe says it holds alot of trade cards on eve of Trump’s tariff ’Liberation Day’

BRUSSELS — A top European Union official warned the U.S. on Tuesday that the world’s biggest trade bloc “holds a lot of cards” when it comes to dealing with the Trump administration’s new tariffs and has a good plan to retaliate if forced to. U.S. President Donald Trump has promised to roll out taxes on […]

Economics

2 w. ago Europe says that it holds a lot of trade cards on the eve of Trump’s tariff ‘Liberation Day’

BRUSSELS (AP) — A top European Union official warned the U.S. on Tuesday that the world’s biggest trade bloc “holds a lot of cards” when it comes to dealing with the Trump administration’s new tariffs and has a good plan to retaliate if forced to. U.S. President Donald Trump has promised to roll out taxes […]

Economics

2 w. ago Key dates to watch this week for Trump’s tariffs on Canadian goods

Uncertainty still looms for Canada in what’s set to be a monumental week for U.S. President Donald Trump’s tariff plan. With multiple categories of American import taxes set to take effect, some Canadian industries are waiting to find out if and how they might be affected. Here’s a rundown on what to watch for this […]

Economics

2 w. ago Bitcoin Options Show Traders Are Hedging Against Drop Back Below $80,000

Crypto traders are flocking to the options market to hedge against further price declines, as President Donald Trump’s planned tariff announcements next week keep financial market on edge.

Economics