17 h. ago The world reacts with caution to US ‘reciprocal’ tariffs against dozens of nations

MEXICO CITY (AP) — The sweeping new tariffs announced Wednesday by U.S. President Donald Trump were met initially with measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war. The fact that the tariffs fell most heavily on parts of the world sleeping through the night appeared to at […]

Economics

18 h. ago Canada among few exempt from Trump’s new tariffs, existing duties remain

WASHINGTON — Prime Minister Mark Carney will address reporters shortly after the White House declared both Canada and Mexico exempt from new reciprocal tariffs announced Wednesday by U.S. President Donald Trump. A fact sheet from Trump’s office says goods imported under the existing continental trade deal, known as the Canada-U.S.-Mexico Agreement, will not face tariffs, […]

Economics

22 h. ago Why does Trump want tariffs? Here’s what he has said about U.S. imports.

President Donald Trump is expected to announce sweeping new tariffs Wednesday, which he has dubbed “Liberation Day.” The move comes after the administration has already imposed or announced tariffs on steel and aluminum imports and some products coming from China, Mexico and Canada. Critics of the proposals say tariffs are a tax ultimately paid by […]

Economics

23 h. ago Ottawa se prépare au «jour de la libération» de Donald Trump

Le chef libéral, Mark Carney, est rentré d’urgence à Ottawa mardi soir, mettant sa campagne sur pause.

Other

24 h. ago Trump set to announce ’reciprocal’ tariffs in move that could reshape U.S. economy

WASHINGTON — After weeks of White House hype and public anxiety, President Donald Trump is set on Wednesday to announce a barrage of self-described reciprocal tariffs on friend and foe alike. The new tariffs, coming on what Trump has called “Liberation Day,” are a bid to boost U.S. manufacturing and punish other countries for what […]

Economics

25 h. ago Fanshawe suspends enrolment in 40 programs in wake of foreign student caps

Fanshawe College is suspending enrolment of students in 40 of its more than 220 programs, the school announced Wednesday. Some enrolment at regional campuses in Woodstock, St. Thomas and Simcoe and Huron and Bruce counties will be suspended, but will continue in London, the college said in a release. All students currently enrolled will be […]

Sport

27 h. ago All eyes on Trump as trade war continues to dominate election campaign

OTTAWA — All eyes are on U.S. President Donald Trump as he prepares to hit multiple countries with “reciprocal” tariffs. Liberal Leader Mark Carney is pausing his campaign to take part in meetings in Ottawa ahead of the expected tariffs. On top of the expected “reciprocal” tariffs, it’s not clear whether a temporary pause on […]

Politics

27 h. ago Mark Carney suspending campaign to hold meetings on Trump tariffs

OTTAWA — Liberal Leader Mark Carney is pausing his federal election campaign and returning to Ottawa for meetings as prime minister ahead of Wednesday’s announcement on U.S. tariffs. U.S. President Donald Trump is expected to hit multiple countries with “reciprocal” tariffs. The Carney campaign said no details about the meetings are available yet. Carney has […]

Economics

27 h. ago State of economywide tariffs on Canada unclear as Trump’s global trade war escalates

WASHINGTON — As U.S. President Donald Trump prepares to unveil his so-called “liberation day” plan to hit multiple countries with tariffs, it’s still not clear whether a temporary pause on separate economywide duties on Canada will be lifted. In early March, Trump imposed — then partially paused — 25 per cent across-the-board tariffs, with a […]

Economics

36 h. ago Trump Tariff Rollout Opens New Era of Risk for Global Economy

President Donald Trump on Wednesday is set to announce the most expansive US trade restrictions in a century, at a stroke upending the postwar global trading system and posing difficult-to-predict economic risks.

Economics

46 h. ago Trump’s April 2 tariffs to take immediate effect, White House says

The president will announce the new duties at 4 p.m. Wednesday

Economics

65 h. ago Trump’s reciprocal tariffs will overturn decades of trade policy

WASHINGTON — President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The “reciprocal” tariffs that he is expected to announce Wednesday are likely to create chaos for global businesses and conflict with America’s allies and adversaries alike. Since the 1960s, tariffs — or import taxes — have […]

Economics

6 d. ago S&P/TSX composite unchanged, U.S. markets down after auto tariff announcement

TORONTO — Canada’s main stock index ended Thursday unchanged from a day earlier, while U.S. markets were down after U.S. President Donald Trump announced plans for auto tariffs. U.S. President Donald Trump announced on Wednesday new tariffs on the auto sector to start next week alongside other previously announced tariffs. Auto industry leaders have warned […]

Economics

6 d. ago Latest U.S. auto tariffs a recipe for higher prices, layoffs across North America

TORONTO AND OSHAWA, ONT. — The auto industry is sounding the alarm about U.S. President Donald Trump’s latest tariff announcement, which could weigh on companies, raise consumer prices and result in job losses. Trump announced Wednesday he would impose 25 per cent tariffs on auto imports to the U.S., set to take effect next week. […]

Economics

6 d. ago Auto companies are feeling the tariff pain up and down the supply chain

Canadian parts makers scramble to cope with Trump's new duties, but questions remain about how they will work

Economics

6 d. ago Premier Susan Holt says U.S. auto tariffs will affect New Brunswick businesses

FREDERICTON — New Brunswick Premier Susan Holt says the new 25 per cent U.S. tariff hitting Ontario’s auto industry will have a spillover effect for businesses in the province. During her weekly update on tariffs today, Holt quoted New Brunswick-based research consultant David Campbell who has said that “when Ontario sneezes, New Brunswick catches a […]

Economics

6 d. ago Latest U.S. auto tariffs major concern for heavily integrated North American sector

The auto industry is sounding the alarm about U.S. President Donald Trump’s latest tariff announcement. Trump announced Wednesday he would impose 25 per cent tariffs on auto imports to the U.S., set to take effect next week. He also said the Detroit Three automakers have to move their parts divisions back to the U.S. Flavio […]

Politics

7 d. ago Blame game starts after Alphonso Davies goes down with a knee injury playing for Canada

A morale-boosting weekend win over the United States at the CONCACAF Nations League has turned into a nightmare for Canada. The first hit came from Bayern Munich, which announced Wednesday that Canada captain Alphonso Davies had torn his anterior cruciate ligament in Sunday’s 2-1 win over the Americans in the third-place game at SoFi Stadium […]

Culture

7 d. ago Dollarama looks to grow Australian acquisition the Reject Shop to 700 stores by 2034

MONTREAL — Dollarama Inc. says it is looking to grow the Reject Shop, the Australian discount retailer it is buying, to about 700 stores by 2034. The chain currently has just under 400 stores, selling private-label and brand-name products. The Montreal-based company announced Wednesday an agreement to buy the Reject Shop in a deal that […]

Other

7 d. ago Trump’s auto tariffs derail Carney’s federal election campaign plans

OTTAWA — Liberal Leader Mark Carney is back in Ottawa today to deal with the fallout of new auto tariffs announced by U.S. President Donald Trump. Speaking to reporters on Wednesday, Carney said he was suspending his campaign plans for the day and would return to Ottawa to hold a meeting of the Canada-U.S. cabinet […]

Politics