17 h. ago Sheinbaum Dispatches Trade Chief to Washington for Tariff Talks

Mexico plans to continue negotiations with the US on steel and auto tariffs even as President Claudia Sheinbaum’s government celebrates its preferential treatment compared to other nations slammed by US President Donald Trump’s new duties.

Economics

2 w. ago Trump Trade Chief Pushes for Order After Rocky Tariff Rollout

President Donald Trump’s top trade negotiator is attempting to inject order into sweeping new tariffs expected next month, after previous announcements roiled markets and fueled business uncertainty.

Economics

2 w. ago Whipsawed by Trump’s tariffs, the US public is getting a lot more nervous about the economy

WASHINGTON (AP) — President Donald Trump’s volatile tariff threats are unleashing historic jumps in public anxiety, with the potential to undermine his pledges to strengthen a U.S. economy that is increasingly weakened. The University of Michigan’s index of consumer sentiment tumbled 10.5% on a monthly basis in March and plunged 27.1% over the past year. […]

Economics

2 w. ago Trump’s trade war only benefits China, EU foreign policy chief says

The European Union's foreign policy chief says tariffs between Western countries only serve China's interests and is calling for higher defence spending to keep Russia in check.

Economics

3 w. ago Doug Ford to meet U.S. commerce secretary Howard Lutnick in Washington as tariff fight continues

Ford has said his goal is to get a coherent sense of the Trump administration's plans for tariffs

Politics

3 w. ago Trump threatens 200% tariff on European wine after EU proposes American whiskey tariff

WASHINGTON — President Donald Trump on Thursday threatened a 200% tariff on European wine, champagne and spirits if the European Union goes forward with a planned tariff on American whiskey. The European tariff, which was unveiled in response to steel and aluminum tariffs by the U.S. administration, was expected to go into effect on April […]

Economics

3 w. ago Interest rate cut to reduce the impact of trade war: CPA Canada’s chief economist

TORONTO, March 12, 2025 (GLOBE NEWSWIRE) — The Bank of Canada’s decision to cut its key interest rate aims at softening the impact of an escalating trade war with the U.S. as the Canadian economy begins to falter from its strong footing at the start of 2025. The trade uncertainty has spiked inflation expectations among […]

Economics

4 w. ago How Trump justifies his tariffs – from budget balancing to protecting ’the soul’ of America

WASHINGTON — To President Donald Trump, “tariff” is more than “the most beautiful word in the dictionary,” something he says often. Tariffs, in Trump’s view, are also a cure for a number of the nation’s ills and the tool to reach new heights. Most economists see taxes paid on imports as capable of addressing unfair […]

Economics