48 h. ago The EU says its countermeasures to Trump’s tariffs will go into effect from April 1

BRUSSELS (AP) — The European Union on Wednesday announced retaliatory trade action with a series of duties on U.S. industrial and agricultural products that will go into effect from April 1, responding to the Trump administration increase in tariffs on all steel and aluminum imports to 25%, The world’s biggest trading bloc was expecting the […]

Economics

56 h. ago Trump’s tariff ‘chaos’ keeps auto sector ‘on hold,’ union says

U.S. President Donald Trump won't raise incoming steel and aluminum tariffs from 25 per cent to 50 per cent, but other planned tariffs in April are still fuelling uncertainty.

Economics

4 d. ago Trump and commerce secretary indicate dairy and lumber tariffs may wait until April

U.S. tariffs on Canadian dairy and lumber may not arrive until next month, according to interviews President Donald Trump and his top commerce official gave to media outlets this weekend. Trump threatened Friday he may hit Canadian lumber and dairy with “reciprocal” tariffs, which he said could come within days. But U.S. Commerce Secretary Howard […]

Politics

4 d. ago Trump reaffirms April 2 ‘reciprocal’ tariffs, dismisses U.S. unease over economic instability

'You know, the tariffs could go up as time goes by, and they may go up and, you know, I don't know if it's predictability,' president says on Fox News

Economics

6 d. ago Alberta Premier Danielle Smith says measures against U.S. tariff will remain in place

Premier Danielle Smith says Alberta’s response to U.S. tariffs will remain in place despite U.S. President Donald Trump placing yet another one-month pause to the 25 per cent tariff on some Canadian goods. On Wednesday the province announced countermeasures against Trump’s tariffs, including halting the purchase of U.S. liquor. In a statement on Friday afternoon […]

Economics

7 d. ago Trump just backtracked on tariffs: Here’s who will see relief and who won’t

Trump’s latest move means that certain goods from Canada and Mexico will not face tariffs until April 2

Economics

7 d. ago Bank of Canada interest rate change is coming next week and here's what to expect

The Bank of Canada (BoC) brought its key interest rate down by 0.25 per cent to three per cent in 2025's first update in January.At the time, 25 per cent tariffs from the U.S. were a threat, and expert speculation took them into account.The tariffs became a reality earlier this week. Days into tariffs taking effect, U.S. officials hinted at pausing tariffs for another month and removing certain agricultural products from the list of tariffed items.On Thursday afternoon, U.S. President Donald Trump partially reversed sweeping tariffs on some items for another month. The White House said goods compliant with the North American trade agreement will be exempt until April 2.Overall, there is growing uncertainty, and tariffs remain a swinging pendulum.This year's second BoC interest rate update is scheduled for Wednesday, March 12. This time, industry experts have more tariff-related concerns, including the U.S.'s game of will-they-won't-they. Once again, many predict a consecut...

Other

7 d. ago Trump pausing tariffs on Canadian goods under CUSMA until April 2

'I can confirm that we will continue to be in a trade war that was launched by the United States for the foreseeable future,' Trudeau said

Economics

8 d. ago Trump grants auto tariff reprieve, tells big three to start moving production to the U.S.

White House says pause to last for one month until reciprocal tariffs come into place on April 2

Economics

2 w. ago Shoppers find grocery stores are mistakenly labelling U.S. products as made in Canada

Canadian customers are on high alert amid the threat of tariffs between Canada and the U.S.With U.S. President Donald Trump vowing to slap 25 per cent tariffs on Canada and Mexico on April 2, calls to support Canadian-made products grow stronger.Over 23,000 have signed a petition urging "Product of Canada" labels in grocery stores.While some companies like Empire Company Limited (owner of Sobeys, Safeway, IGA, FreshCo and Foodland) and Metro Inc. (owner of Ontario and Quebec grocers like Food Basics and Super C) have pledged to promote made-in-Canada goods, some Canadians are claiming stores are mislabelling products.Several grocery shoppers have shared photos on Reddit showing how some items are labelled as products of Canada on store signage, but upon a closer look, they're actually U.S. products."Heads up to anyone who shops at the Regent St. Sobeys in Fredericton. I just popped in cause I needed a refill on coffee and discovered a bunch of the Coffe...

Other

2 w. ago Trump says U.S. will delay tariffs on Canada for at least another month

U.S. President Donald Trump announced today that tariffs against Canada will be delayed until early April.The tariffs were originally going to go into effect in February. They were then delayed by 30 days and were to kick in next week. This is the third delay.During a cabinet meeting at the White House, Trump responded to a reporter's question about whether he would continue the pause on tariffs against Canada and Mexico.Trump confirmed that he was not going to stop the tariffs due to the U.S. having "lost millions of people due to fentanyl."However, he seemingly pushed back the start date of enacting the tariffs on Canada until the spring.Trump appears to suggest tariffs on Canada have been pushed back to April 2nd (not April 1st because he's superstitious).He also adds that fentanyl is apparently once again his top issue for talks with Canada. pic.twitter.com/IIFRCFmoSX— Courtney Theriault (@cspotweet) February 26, 2025"I have to tell you that, you know, on April 2 — I...

Economics

2 w. ago Canadian dollar gets boost after Trump delays tariffs to April 2

'Trump is losing credibility,' says Marco Oviedo

Economics

3 w. ago Trump says he’ll announce details of 25% auto tariffs in April

Trump also said sectoral tariffs on pharmaceuticals and semiconductor chips would also likely start at 25 per cent in April, with at least some rising afterwards.

Economics