6 h. ago John Ivison: Rising prices are hitting both Trump and Carney where it hurts

Trump has had to lower tariffs on groceries. The problem for Ottawa is that prices have risen even more quickly in Canada than in the U.S.

Economics

8 h. ago World’s Top Aluminum Producer Adds Markups as Trump Tariffs Drive Up Consumer Costs

Rio Tinto Group is imposing surcharges on aluminum shipments it sells to the US, a move that threatens to further disrupt a North American market already roiled by import tariffs that are driving up costs for consumers.

Economics

16 h. ago Euro Zone Set for Moderate Growth After 2025 Resilience, EU Says

The euro-area economy will maintain its moderate expansion after weathering Donald Trump’s tariff turmoil better than expected, according to the European Commission.

Economics

54 h. ago U.S. coffee tariffs remain too high, says top Brazil supplier

Trump issued an order on Friday reducing reciprocal tariffs on products including coffee, but also beef, tomatoes and bananas, a move aimed at lowering costs on groceries as the administration faces pressure from voters to cut prices on everyday goods.

Economics

59 h. ago CHARLEBOIS: Why Trump’s food tariff reversal is quietly great for Canada

Canadian roasters, chocolatiers, bakeries, beverage processors, food manufacturers and restaurant chains all stand to enjoy relief in their margins.

Economics

3 d. ago Trump rolls back tariffs on food on hundreds of food items, including beef and coffee

The move is a tacit acknowledgment that the president’s tariff policies have brought price increases to U.S. consumers

Economics

3 d. ago Trump drops tariffs on beef, coffee, tropical fruit as pressure builds on consumer prices

WASHINGTON (AP) — President Donald Trump signed an executive order Friday to get rid of tariffs on a broad swath of commodities, including beef, coffee and tropical fruits. It’s part of a response to pressure from consumers who complain prices are too high. The move comes after voters in off-year elections earlier this month cited […]

Economics

3 d. ago Trump scraps tariffs on beef, coffee, tropical fruit in a push to lower grocery store prices

WASHINGTON (AP) — President Donald Trump announced Friday that he was scrapping U.S. tariffs on beef, coffee, tropical fruits and a broad swath of other commodities — a dramatic move that comes amid mounting pressure on his administration to better combat high consumer prices. Trump has built his second term around imposing steep levies on […]

Economics

3 d. ago Trump drops tariffs on beef, coffee, tropical fruits amid consumer concerns

Trump signed the order after announcing framework agreements with Ecuador, Guatemala, El Salvador and Argentina designed to ease import levies on agricultural products.

Economics

3 d. ago Trump administration to cut tariffs on some food products, lower Swiss tariffs

Cuts will be made to tariffs on coffee, bananas and other food goods along with new trade agreements with the countries of Argentina, Ecuador and El Salvador,

Politics

4 d. ago Most Canadians Say US Trade Deal Unlikely in Next Six Months

Canadians have little faith a trade deal with the US will be reached in the next six months, after US President Donald Trump blew up talks over an anti-tariff ad campaign launched by the province of Ontario.

Economics

6 d. ago Swiss Billionaires Pivotal in Wooing Trump Ahead of Tariff Deal

As Switzerland closes in on a deal with the US to lower tariffs on the country, it will owe thanks to some of its richest executives who played a key role in wooing President Donald Trump.

Economics

7 d. ago Trump Says Close to India Trade Deal to Bring Tariff Rate Down

President Donald Trump said he “at some point” would reduce the tariff rate on Indian goods, saying the US was getting “pretty close” to a trade deal with New Delhi.

Economics

7 d. ago China announces restrictions on chemicals after deal with Trump on fentanyl tariffs

WASHINGTON (AP) — China said Monday it is making good on its pledge to crack down on chemicals that can be used to make fentanyl, a key issue for President Donald Trump during recent talks with Chinese leader Xi Jinping as they aimed to take steps to ease a trade war. Beijing announced new export […]

Economics

1 week ago Honda’s profit slips as President Trump’s tariffs take their toll on Japanese automakers

TOKYO (AP) — Honda reported Friday that its profit for the first fiscal half through September fell 37% from the previous year, as the damage from President Donald Trump’s tariffs offset the lift from solid motorcycle sales. Tokyo-based Honda Motor Co. recorded a 311.8 billion yen ($2 billion) profit for April-September, down from 494.6 billion […]

Economics

1 week ago Trump has options if the Supreme Court blocks him from imposing ’emergency’ tariffs

WASHINGTON — Countries around the world — Canada included _ are waiting anxiously as the U.S. Supreme Court considers whether President Donald Trump has the authority to continue using his favoured tariff tool. No matter which way the court jumps, however, the Trump administration is expected to maintain some level of tariffs on the United […]

Economics

1 week ago Trump says U.S. Supreme Court ending his tariffs would be ‘devastating’

Trump's lawyer faced pointed questions from the conservative-led court on Wednesday about the president's use of a national security statute to pursue his tariff agenda.

Economics

1 week ago Key Takeaways From the US Supreme Court Hearing on Trump Tariffs

Here are five key takeaways from the hearing Wednesday at the US Supreme Court over the legality of tariffs imposed by President Donald Trump:

Economics

1 week ago Legality of Trump’s sweeping tariffs scrutinized by dubious U.S. Supreme Court justices

Three members of the court’s conservative majority questioned the president's use of an emergency-powers law to collect tens of billions of dollars in tariffs a month

Economics

1 week ago Justices Question Legality of Trump’s Tariffs at Supreme Court

US Supreme Court justices questioned President Donald Trump’s global tariffs, as arguments began in a case that could undercut his signature economic policy.

Economics