9 h. ago U.S. Senate votes against resolution to block Trump’s global tariffs amid economic turmoil

Wary of a rebuke to Trump, GOP leaders encouraged their conference not to vote for the resolution, even as many of them remain unconvinced about the tariffs

Economics

14 h. ago The Senate is voting on whether to block Trump’s global tariffs amid economic turmoil

WASHINGTON (AP) — Senate Democrats are forcing a vote Wednesday evening on whether to block global tariffs announced by Donald Trump earlier this month, a potentially tough vote for some Republicans who have expressed concerns about the policy but are wary of crossing the president. Trump announced the far-reaching tariffs on nearly all U.S. trading […]

Economics

3 d. ago Varcoe: Danielle Smith confident Dow's $9B petrochemical project will be built, despite construction delay

The development is the largest capital investment taking place in Alberta, but it’s unfolding during a period of economic turmoil

Economics

5 d. ago Charting the Global Economy: US Dollar Slide Evocative of Nixon

The dollar is on pace for its worst performance during the first 100 days of a US presidency since Richard Nixon was in the White House as Donald Trump imposes tariffs and attempts to reshape global trade.

Culture

6 d. ago Russia Set to Hold Rate as Trade Turmoil Clouds Path for Economy

Russia’s central bank is set to hold interest rates at an all-time high as global trade tensions compound risks for the war economy even amid signs that inflation is easing.

Economics

8 d. ago IMF cuts global growth forecast by 0.5% amid U.S. tariffs: ‘New era’

The IMF said that the global economy will grow just 2.8 per cent this year, down from its forecast in January of 3.3 per cent, according to its latest World Economic Outlook.

Economics

8 d. ago U.S., global economic outlook worsens in face of Trump’s tariffs, IMF says

WASHINGTON — The outlooks for the U.S. and global economies have significantly worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have created, the International Monetary Fund said Tuesday. The IMF said that the global economy will grow just 2.8% this year, down from its forecast in January of 3.3%, according […]

Economics

1 week ago Posthaste: Trump’s tariff war threatens to expose cracks in the global economy

Expect inflation, interest rates and deficits to rise, say economists

Economics

2 w. ago China Burns Less Coal as Economy Braces for More Trade Turmoil

China is burning less coal as stronger economic growth and rising power demand are met by record installations of renewables. The question now is whether the climate-friendly trend can withstand the impact of a trade war with the US.

Economics

2 w. ago Omers Loaded Up on Stocks After Trump’s Tariffs Pummeled Markets

The Ontario Municipal Employees Retirement System bought up stocks last week after Donald Trump’s tariff program pummeled global markets.

Economics

2 w. ago World Trade Organization says global trade could slide this year because of Trump’s tariff policies

GENEVA — The World Trade Organization says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to U.S. President Donald Trump’s shifting tariff policies and a standoff with China, but it would take a more severe hit if Trump carries through on his toughest “reciprocal” tariffs. The decline […]

Economics

2 w. ago Ontario unions say struggling colleges can be ‘lifeboat’ through economic turmoil

Union leaders took to Queen's Park to make their pitch to 'save' Ontario's college sector, linking the struggling institutions to Canada's trade war with the United States.

Other

2 w. ago Canadians cutting spending, delaying purchases amid tariff turmoil: MNP survey

CALGARY — A survey from insolvency firm MNP Ltd. suggests Canadians’ outlook for their personal finances has brightened even as they’ve taken steps to cut their expenses amid economic turmoil. The latest MNP Consumer Debt Index conducted by Ipsos rose nine points to 88 this quarter over the previous one. It says about three quarters […]

Economics

2 w. ago China’s Xi says there are ‘no winners’ in a tariff war as he visits Southeast Asia

HANOI, Vietnam (AP) — China’s leader Xi Jinping started a week of diplomacy in Southeast Asia with a visit to Vietnam on Monday, signaling China’ s commitment to global trade, just after U.S. President Donald Trump upended the global economy with his latest tariffs moves. Although Trump has paused some tariffs, China was the outlier, […]

Economics

2 w. ago Carney warns of signs that global economies are slowing amid Trump’s tariffs

OTTAWA — Prime Minister Mark Carney said there are signs the global and Canadian economies are slowing as U.S. President Donald Trump’s trade war escalated again Friday, with China announcing it will push up retaliatory tariffs to 125 per cent. “In the last week there have been a lot of developments in terms of U.S. […]

Economics

2 w. ago Hedge Funds Reversed Oil Bets at Record Pace After Trump Tariffs

Hedge funds reversed their position on oil at the fastest pace on record as US President Donald Trump imposed tariffs against major trade partners, threatening to cripple global energy demand.

Economics

2 w. ago Could Trump’s tariffs slow emissions? Sure, experts say, but at great cost overall

President Donald Trump’s sweeping global tariffs have stirred widespread anxiety about a severe economic downturn — and curiosity, for some, about how it might affect the world’s warming climate. Experts say a slowdown in international trade might have a brief and slight benefit in reducing greenhouse gas emissions, which come in part from fuels like […]

Economics

2 w. ago Mark Carney says global economies are slowing amid Trump’s tariffs

Markets have been in turmoil since Trump escalated his trade war with the world

Economics

2 w. ago 5 questions to ask to protect your portfolio from a trade war

Peter Hodson: With fears that Donald Trump's tariffs will hit the global economy, here's what to look for in the stocks you own

Economics

2 w. ago Trump Tariffs Prompt Private Lenders to Triage Their Portfolios

In the days before US President Donald Trump’s sweeping global tariffs were set to go into effect, private credit managers had their heads down, trying to assess the impact to their portfolios.

Economics