23 m. ago Trump Vows 200% Tariff on EU Wine, Escalating Trade Tensions

President Donald Trump threatened to enact a 200% tariff on European wine, champagne and other alcoholic beverages, the latest escalation in a brewing trade war between the US and the EU.

Economics

33 m. ago Canadian Auto Parts Stocks Thrown Into a Tailspin by Tariff Woes

Canada’s biggest auto parts names are buckling under the weight of US President Donald Trump’s tariff threats as the chances the North American car manufacturing industry will stall grow. That’s sending stock prices hurtling back down toward levels last seen during the Covid-19 pandemic.

Economics

5 h. ago Threat to tariff or cutoff U.S. energy stays on the table as Ford heads to Washington

Doug Ford is set to fly in and out of the U.S. capital on Thursday for a meeting with President Donald Trump's commerce secretary which could calm or reignite trade tensions.

Economics

9 h. ago Trump’s $1.4 Trillion Tariff Threat Spurs Companies to Seek Cover

Ozempic-maker Novo Nordisk A/S is planning to make more of its medicines for the US market in the country; Boeing Co. risks a gummed up supply chain and higher aircraft costs it may not be able to pass on; Chinese online retailer Shein Group Ltd. is offering incentives to its top apparel providers to set up new production capacity in Vietnam.

Economics

16 h. ago Ford wants to sell more electricity to the U.S. — Trump says it ‘doesn’t make sense’

A tense Tuesday of escalating tension between Ford and Trump saw tariff threats increased and traded before an "olive branch" from the White House in the form of a meeting.

Economics

21 h. ago Carney and Ford discuss trade ahead of premier’s visit to Washington

Trump threatened to set the steel and aluminum tariff at 50 per cent if Ontario placed a surcharge on electricity

Economics

24 h. ago ‘Buy Canada’ pressure builds on $1.6 trillion in pension pot

Trump’s back-and-forth tariff threats are galvanizing an 'invest in Canada' movement that’s prodding pensions to keep more of their cash at home

Economics

25 h. ago Canadian pride surges in face of Trump’s tariff, sovereignty threats: Leger poll

OTTAWA — A new poll suggests Canadians’ sense of national pride has surged in response to U.S. President Donald Trump’s tariffs and threats against the country’s sovereignty. The poll, conducted by Leger Marketing for the Association for Canadian Studies, says that the number of people saying they’re proud to be Canadian has jumped from 80 […]

Economics

40 h. ago A timeline of Trump’s tariff threats and actions against Canada

Here are the key announcements and actions Trump has taken since he returned to the White House and launched his trade war with Canada, and how we got here.

Economics

42 h. ago Opinion: Alberta's trucking industry faces a rough road from tariffs

Donald Trump’s erratic tariff threats have thrown the North American economy into turmoil. While the U.S. president recently backed down somewhat by exempting goods that fall under USMCA for a month, it’s only a matter of time until he threatens the livelihoods of millions of Canadians with further measures. While his end game is unclear, […]

Transport

42 h. ago Lorne Gunter: Donald Trump's latest tariffs threats a reflection of his delusion

In his own mind, Trump knows everything about everything. He cannot hear the truth from anyone else because he is deafened by the sound of his own voice filling his ears.

Economics

44 h. ago ‘Never seen anything like this’: Manitoba border crossing sees drop in trucking to U.S.

The owner of the Emerson, Man., duty free shop along the border said he's seen a massive slowdown in business ever since U.S. President Donald Trump's tariff threats began.

Transport

45 h. ago Donald Trump renews threat on autos, the London area's economic backbone

Donald Trump threatened to 'essentially, permanently shut down the automobile manufacturing business in Canada' with tariffs

Other

46 h. ago Trump announces severe retaliation in response to Ontario tariffs on electricity

U.S. President Donald Trump announced further tariffs on Canada on Tuesday, imposed in response to Ontario Premier Doug Ford's 25 per cent tariffs on electricity supplied to the States.Trump took to his Truth Social platform on Tuesday morning, announcing that tariffs on Canadian steel and aluminum products coming into the U.S. would be doubled from 25 per cent to 50 per cent in response to Doug Ford's retaliation to U.S. tariff threats.Trump stated that "Based on Ontario, Canada, placing a 25 per cent Tariff on 'Electricity' coming into the United States, I have instructed my Secretary of Commerce to add an ADDITIONAL 25 per cent Tariff, to 50 per cent, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD.""This will go into effect TOMORROW MORNING, March 12th. Also, Canada must immediately drop their Anti-American Farmer Tariff of 250 per cent to 390 per cent on various U.S. dairy products, which has l...

Economics

48 h. ago ‘Buy Canada’ Hits $1.6 Trillion Money Pot as Trump Stokes Anger

US President Donald Trump’s back-and-forth tariff threats are galvanizing an “invest in Canada” movement that’s prodding pensions to keep more of their cash at home.

Economics

60 h. ago How will U.S. tariff threat impact Bank of Canada's interest rate announcement?

Experts expect the Bank of Canada to drop the overnight interest rate on Wednesday, but beyond that it is anyone's guess

Economics

61 h. ago Trump's threatened tariffs on Canadian dairy products 'just noise': Expert

U.S. President Donald Trump took aim at Canada’s dairy industry Friday, signaling he will implement steep tariffs on Canadian dairy. Though the dairy tariff threat is “noise” from the Oval Office, it’s a sign U.S. access to the Canadian market will be a battleground for the Trump in the future, one Canadian agri-food expert says. […]

Economics

68 h. ago Ontario's trade war retaliation will drive up U.S. electricity bills by $100 per month

Ontario Premier Doug Ford has just taken another bold step in Canada's counter-attack in the face of the steep tariffs U.S. President Donald Trump enacted on goods imported from the north last week.On Monday, Ford and his minister of energy and electrification formally introduced a new 25 per cent surcharge on all electricity the province sends south of the border, which will add approximately $100 to the monthly power bills of some 1.5 million residents in neighbouring New York, Michigan and Minnesota, effective immediately.It's a measure that the premier has been threatening since Trump started mounting his tariff actions in earnest in recent weeks, turning the blustering prattle the former reality TV star is notorious for into serious, debilitating action against his nation's closest ally.Ford added in his press conference about the new surcharge this morning that he will escalate restrictions on Ontario-produced energy further if...

Economics

69 h. ago Canadian travel to US plummets amid tariff, statehood threats: StatsCan

The annual drops in January and February were the first and second since March 2021

Economics

3 d. ago Saravanamuttoo: Four ways the mayor can take on tariff threats

Call out the local naysayers, really listen to the needs of business and residents, find the opportunities in the crisis, and more. City Hall needn't be passive.

Economics