10 h. ago Loblaw clarifies made in Canada label confusion amid tariffs

No grocery store label is safe from the scrutiny of Canadian shoppers during the Canada-United States tariff war.The federal government's initial retaliatory tariffs saw a long list of grocery items impacted by the 25 per cent duty.U.S. President Donald Trump doubled tariffs on steel and aluminum products from Canada on Wednesday, so Ottawa responded with another $29.8 billion worth of tariffs on American goods ranging from stoves to roller coasters.Calls to support Canadian-made products have grown stronger than ever with nearly 25,000 people signing a petition urging "Product of Canada" labels in grocery stores.Canada's major grocers have heard the calls to highlight Canadian goods in stores. Loblaw has even started marking Canadian products with a maple leaf symbol and imported U.S. products with prices that have been affected by tariffs with a "T" symbol.However, some shoppers shared their confusion about discrepan...

Economics

12 h. ago Hit Back or Hunker Down? The Dilemma of Responding to US Tariffs

Major US trading partners have offered a range of responses to President Donald Trump’s 25% tariffs on steel and aluminum imports, which took effect Wednesday. Most opted against immediate retaliation and many sounded ready to talk instead. Others took a more confrontational approach.

Economics

12 h. ago ‘Totally annoyed’ Trump targets EU wine with 200 per cent tariff

President says he'll move forward if Brussels taxes American whiskey, itself a retaliation against U.S. steel and aluminum tariffs

Economics

13 h. ago U.S. tariffs push Ottawa to invest more in Canadian steel, aluminum projects

OTTAWA — Industry Minister Francois-Philippe Champagne directed his department on Wednesday to prioritize investments in projects that primarily use Canadian steel and aluminum — part of Ottawa’s reply to the Trump administration’s trade war. Champagne said the move is in response to the “unfair and unjustified” 25 per cent tariffs on steel and aluminum levied […]

Economics

13 h. ago Canada files World Trade Organization complaint over Trump metals tariffs

The complaint has been raised over U.S. President Donald Trump's tariffs on steel and aluminum imports into the United States, including from Canada.

Economics

14 h. ago Here's the new list of U.S. products subject to Canadian tariffs

The list of American goods subject to tariffs when imported into Canada is growing.After United States President Donald Trump doubled tariffs on Canadian steel and aluminum products on Wednesday, Canada responded with $29.8 billion worth of retaliatory tariffs.The federal government is slapping 25 per cent tariffs on a new slate of products originating from the U.S. starting Thursday.According to the Department of Finance, the tariffs will remain in place "until the U.S. eliminates its tariffs against Canadian steel and aluminum products."It adds that Canada's countermeasures don't apply to American goods in transit on the day the tariffs kick in.From knitting needles to video game consoles, here is the new list of U.S. products subject to tariffs by Canada:Candles, tapersPrepared glues and other prepared adhesivesUmbrellas and sun umbrellas (including walking-stick umbrellas, garden umbrellas, and similar umbrellas)Walking sticks, seat sticks, whips, riding cropsTableware, kitchenw...

Economics

15 h. ago Trump, EU locked in tariff battle over U.S. whiskey, European wine

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 1.

Economics

16 h. ago Tools, electronics, sports equipment from U.S. hit with Canadian counter tariffs

OTTAWA — If you’re looking for a new set of golf clubs for the upcoming season, they may be 25% more expensive due to Canada’s counter tariffs against the U.S. steel and aluminum surcharge. Matching 25% tariffs on $29.8 billion worth of American goods took effect just after midnight in response to the latest levies […]

Sport

17 h. 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

25 h. ago South Korea to Scrutinize Steel Imports in US Tariff Response

South Korea will strengthen its scrutiny of metals imports to protect its producers from potential dumping in the local market after President Donald Trump proceeded with plans to apply 25% tariffs on global steel and aluminum imports.

Economics

31 h. ago Canada puts tariffs on new list of U.S. products. Here’s what’s included

Canada has put a 25 per cent counter-tariff on a variety of steel and aluminum products, as well as other U.S. goods, in response to President Donald Trump's latest duties.

Economics

31 h. ago Trump vows to take back ’stolen’ wealth as tariffs on steel and aluminum imports go into effect

WASHINGTON — President Donald Trump openly challenged U.S. allies on Wednesday by increasing tariffs on all steel and aluminum imports to 25% as he vowed to take back wealth “stolen” by other countries, drawing quick retaliation from Europe and Canada. The Republican president’s use of tariffs to extract concessions from other nations points toward a […]

Economics

31 h. ago From tallboys to houses, latest aluminum and steel tariffs driving up costs

More pain is on tap for craft breweries, homebuilders and manufacturers as U.S. tariffs on imported aluminum — and the counter-levies Canada is lobbing back — drive up costs. Blair Berdusco, chair of the Canadian Craft Brewers Association, said it amounts to a double hit. Canadian aluminum being shipped to the United States to make […]

Economics

33 h. ago Canada to impose 25% tariffs on $29.8B in U.S. goods starting Thursday

OTTAWA — The federal government will impose 25 per cent tariffs on U.S. goods worth $29.8 billion in retaliation for steel and aluminum tariffs the administration of U.S. President Donald Trump imposed Wednesday. All countries, including Canada, have been hit with 25 per cent tariffs on steel and aluminum imports into the United States _ […]

Economics

33 h. ago TSX rises, U.S. markets mixed after more tariffs take effect, BoC cuts rate

Canada’s main stock index rose Wednesday while U.S. markets were mixed, after 25% tariffs on U.S. imports of steel and aluminum officially kicked in and the Bank of Canada cut its key lending rate by a quarter-point to 2.75 per cent. The S&P/TSX composite index was up 175.14 points at 24,423.34. In New York, the […]

Economics

34 h. ago Canadian mayors, workers worry about ’permanent damage’ from Trump tariffs

Canadian mayors, workers and industry representatives are warning that the Trump administration’s punishing tariffs on steel and aluminum could cost jobs and cause lasting damage to industries on both sides of the border. They say Canada is already starting to see the effects of the tariffs, with a drop in demand from some American customers, […]

Society

36 h. ago Mexico Holds Off Tariff Retaliation as Sheinbaum Bets on US Deal

Mexico is delaying its response to US tariffs on steel and aluminum imports as President Claudia Sheinbaum avoids retaliation while both countries negotiate to avert levies on a wide range of products and services.

Economics

36 h. ago Doug Ford and Mark Carney have first meeting over breakfast at Toronto diner

Ontario Premier Doug Ford and Prime Minister-designate Mark Carney came together for their first face-to-face meeting on Wednesday morning, ahead of Ford's upcoming trip to Washington D.C. to address the ongoing trade issues with the U.S. The breakfast meeting was held at Wally's Grill in Etobicoke, located at 123 Rexdale Blvd., and was a chance for the two leaders to strategize on how to approach U.S. President Donald Trump and his administration regarding tariffs and free trade concerns. "This morning, I met with Mark Carney, Canada's incoming prime minister for a positive and productive discussion," Ford wrote in a statement posted to X.The premier emphasized the importance of holding ground against U.S. tariffs, writing that he and Carney agreed "on the need to stand firm and strong in the face of President Trump's threats, including additional retaliatory tariffs in response to U.S. tariffs on steel and aluminum, which will raise costs for American businesses and...

Transport

37 h. ago Takeaways on tariffs, jobs and more from the Bank of Canada interest rate decision

The Bank of Canada cut its key interest rate for the seventh time in a row on Wednesday, bringing it to 2.75 per cent. Though the series of rate cuts has eased some pressure on consumers after the central bank hiked rates to fight inflation, the burgeoning trade war with the U.S. has cast a […]

Economics

38 h. ago Carney and Ford discuss trade ahead of premier’s visit to Washington

Trump threatened to set the steel and aluminum tariff at 50 per cent if Ontario placed a surcharge on electricity

Economics