18 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

85 m. ago Trump’s tariffs spark fears of job losses among Canadians: poll

A new poll suggests that 40 per cent of Canadians are worried about losing their jobs as many businesses scale back hiring plans in response to the trade war with the U.S.

Economics

1 hour ago Trump’s trade war looms over G7 foreign ministers meeting in Canada

A major foreign-policy summit is underway in Quebec Thursday, with the Liberals welcoming foreign ministers from the U.S., Europe and Japan.

Politics

1 hour ago New poll suggests 40% of Canadians fear losing jobs due to Trump’s tariffs

OTTAWA — A new poll suggests that 40% of Canadians are worried about losing their jobs as many businesses scale back hiring plans in response to the trade war with the United States. The Leger poll, which sampled more than 1,500 Canadian adults from March 7 to March 10, suggests that more than half of […]

Economics

2 h. ago Canadian ministers, Ford to meet with Lutnick as trade war continues

Finance Minister Dominic LeBlanc, Ambassador to the U.S. Kirsten Hillman and Ontario Premier Doug Ford are meeting with Howard Lutnick.

Politics

2 h. ago Flying in a trade war: Why some feel ‘betrayed,’ others look at moving to Canada

At the Halifax Stanfield International Airport, the tariff trade war between Canada and the U.S. is leaving flyers who travel between the two countries feeling very uneasy.

Economics

3 h. ago Alberta sticks alcohol importers with tab as it hold U.S. stock hostage amid trade war

Importers are stuck with alcohol they've paid for — sometimes having arrived in the province weeks, months or even years ago — now locked up in a warehouse

Economics

3 h. ago Alberta sticks alcohol importers with tab as it holds U.S. stock hostage amid trade war

Importers are stuck with alcohol they've paid for — sometimes having arrived in the province weeks, months or even years ago — now locked up in a warehouse

Economics

3 h. ago Trade War Threatens Oil Demand as OPEC+ Boosts Supply, IEA Says

Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said.

Economics

5 h. ago New poll suggests 40% of Canadians fear losing their jobs due to Trump’s tariffs

OTTAWA — A new poll suggests that 40 per cent of Canadians are worried about losing their jobs as many businesses scale back hiring plans in response to the trade war with the United States. The Leger poll, which sampled more than 1,500 Canadian adults from March 7 to March 10, suggests that more than […]

Economics

8 h. ago Asian shares decline despite rebound on Wall St as investors await next steps in trade wars

BANGKOK (AP) — Asian shares were mostly lower on Thursday despite a rebound on Wall Street fueled by an encouraging update on U.S. consumer prices. U.S. futures fell and oil prices were little changed. Chinese markets slipped as investors watched for the next steps in President Donald Trump’s trade war. Hong Kong’s Hang Seng index […]

Economics

12 h. ago ‘Absolutely stupid’: Border town becomes collateral damage in Canada

'Half of us here are dual citizens, including me -- Canadian and American, half of us,' Point Roberts resident Brian Calder told Global News.

Events

14 h. ago Bank of Canada Shows Inflation Will Shape Trade War Response

The Bank of Canada made clear that central banks around the world are fighting an entirely different war than the pandemic — but post-Covid inflation fears are haunting policymakers as they try to protect their economies from US President Donald Trump’s tariff barrage.

Economics

15 h. ago Mark Carney expected to be sworn in as prime minister Friday: source

Carney will replace Justin Trudeau after winning a race for the Liberal leadership on Sunday, and will take the reins of government amid a growing trade war with the U.S.

Politics

15 h. ago Mark Carney expected to be sworn in as prime minister Friday: sources

Carney will replace Justin Trudeau after winning a race for the Liberal leadership on Sunday, and will take the reins of government amid a growing trade war with the U.S.

Politics

16 h. ago U.S. trade ‘crisis’ will drive up prices, Bank of Canada warns after rate cut

OTTAWA — Prices will rise, the economy will suffer and the Bank of Canada can’t lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States. That was the stark message Wednesday from the head of the Bank of Canada after the central bank delivered another […]

Economics

17 h. ago House hunting in a trade war? What Bank of Canada’s rate cut means for you

The Bank of Canada cut its benchmark rate by 25 basis points, bringing it down to 2.75 per cent. Experts say the outlook for the housing market remains hazy.

Economics

18 h. 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

18 h. ago REVIEW: Nathaniel Rateliff and The Night Sweats uplift Edmonton amid trade war: 'I know our country sucks right now'

"F--- these tariffs, and f--- our president. We love you so much," Rateliff said

Economics

20 h. ago Multistrategy Hedge Funds’ Haven Appeal Tested Amid Trump Trade War

Multistrategy hedge funds are facing their biggest challenge since the early days of the pandemic amid a market selloff that’s forcing them to unwind crowded trades at a ferocious clip.

Economics