4 d. ago Tariffs ‘could go up,’ Trump says while allaying recession fears

Donald Trump said in an interview with Fox News he paused some U.S. tariffs because he 'wanted to help Mexico and Canada to a certain extent,' but added tariffs could also go up.

Economics

5 d. ago China learned from Trump’s first trade war and changed its tactics when tariffs came again

WASHINGTON (AP) — The leaders of both Canada and Mexico got on the phone with President Donald Trump this past week to seek solutions after he slapped tariffs on their countries, but China’s president appears unlikely to make a similar call soon. Beijing, which unlike America’s close partners and neighbors has been locked in a […]

Economics

6 d. ago Trump says Canada, Mexico tensions will make 2026 World Cup ‘more exciting’

U.S. President Donald Trump created a task force Friday to prepare for the 2026 World Cup hosted by North America at a time when his tariffs have ratcheted up tensions.

Other

7 d. ago Trump just backtracked on tariffs: Here’s who will see relief and who won’t

Trump’s latest move means that certain goods from Canada and Mexico will not face tariffs until April 2

Economics

7 d. ago U.S. bill aims to stem flow of fentanyl that Trump blames on Canada, Mexico

Two senators have introduced legislation in the latest attempt to fight the flow of fentanyl and its precursors into the United States from China, Mexico and through other borders.

Other

7 d. ago Trump waives tariffs on Mexico, not Canada, for 1 month on most products

Trump's announcement of the pause until April 2 did not mention Canada, and came shortly after he levelled new attacks against Prime Minister Justin Trudeau.

Economics

7 d. ago Trudeau says Canada won’t back down as Trump announces reprieve for Mexico

'I can confirm that we will continue to be in a trade war that was launched by the United States for the foreseeable future,' Trudeau said

Politics

7 d. ago Trump considering agriculture carveouts to Canada, Mexico tariffs

Agriculture Secretary Brooke Rollins said 'everything is on the table'

Society

7 d. ago Trump’s trade war ‘blows a complete hole’ in CUSMA, architects say

The Canadian and Mexican architects of the Canada-U.S.-Mexico Agreement say Donald Trump's trade war has crossed a line that essentially wipes out the continental trade pact.

Economics

7 d. ago USMCA architects say Trump’s tariffs ’blows a complete hole’ in continental trade agreement

WASHINGTON — The Canadian and Mexican architects of the Canada-U.S.-Mexico Agreement say Donald Trump’s trade war has crossed a line that essentially wipes out the continental trade pact, as experts suggest the president’s actions are meant to rattle America’s closest neighbours ahead of a mandatory review. Canada’s chief negotiator, Steve Verheul, and Mexico’s chief negotiator, […]

Economics

8 d. ago Ontario restaurant responding to U.S. tariffs with 25% off dessert

As the trade war between Canada and the United States intensifies, many businesses across Ontario are adjusting their strategies and reducing their reliance on American ingredients, suppliers, and goods.President Donald Trump's executive order hits Canada and Mexico with 25 per cent tariffs across the board, as well as a 10 per cent levy on Canadian energy. In response, Trudeau said Canada would be hitting back with 25 per cent retaliatory tariffs on $30 billion worth of American products immediately, just after the order took effect on Tuesday.Ontario Premier Doug Ford, who is fresh off his third consecutive majority win, also followed through on his promise to remove U.S. alcohol from LCBO stores across the province, which resulted in the retailer's website being taken offline temporarily on Tuesday.As a result, many Canadian companies — including dessert chain Demetres — have taken it upon themselves to navigate the current trade challenges through creative ways."When...

Economics

8 d. ago Here’s the latest as the U.S. imposes tariffs on goods from Canada and Mexico

OTTAWA — U.S. President Donald Trump has imposed tariffs on imports from Canada and Mexico including a 25 per cent across-the-board levy, with a lower 10 per cent charge on Canadian energy, triggering a continental trade war. Canada has responded with 25 per cent retaliatory tariffs on $30 billion worth of American products, and will […]

Economics

9 d. ago Oil Extends Decline as Signs of Tariff Relief Spark Uncertainty

US oil pushed lower after Commerce Secretary Howard Lutnick said the Trump administration could walk back some tariffs on Mexico and Canada, injecting more uncertainty into global markets.

Economics

9 d. ago Trump may meet Canada, Mexico ‘in the middle’ on tariffs Wednesday: Lutnick

U.S. Commerce Secretary Howard Lutnick told Fox News Trump will 'work something out with them' after imposing 25 per cent tariffs on Canada and Mexico.

Economics

9 d. ago Trump ‘probably’ announcing some tariff relief for Canada, Mexico on Wednesday: U.S. commerce secretary

Howard Lutnick said the tariffs would likely land 'somewhere in the middle' with Trump, 'but not all the way' to fully ending them

Politics

9 d. ago Lutnick Says Trump Considering Some Mexico, Canada Tariff Relief

The Trump administration could announce a pathway for tariff relief on Mexican and Canadian goods covered by North America’s free trade agreement as soon as tomorrow, Commerce Secretary Howard Lutnick said Tuesday.

Economics

9 d. ago U.S. specifically calls out Toronto drug problems as reason for trade war

The Trump administration is characterizing its trade war on Canada as a "drug war," with one official even calling out Toronto by name.The U.S. government imposed 25 per cent tariffs on Canadian imports on Tuesday, though Kevin Hassett, President Donald Trump's National Economic Council Director, insists that the stiff economic penalties imposed on Canada are a result of the country's drug policies."Respectfully, this is not a trade war, it's a drug war," Hassett said during an interview with Fox News on Tuesday. Hasset claims that Trump is "extraordinarily disappointed" with Canada and Mexico's action on fentanyl crossing U.S. borders — despite the fact that less than one per cent of fentanyl entering the United States originates from Canada.Hassett went on to specifically call out Canada's largest city, Toronto, as an example of failed drug policy."Wander around Toronto and look and see if these people are serious about the drug war. And they're not."Curiously, Hassett ...

Economics

9 d. ago Trump tariffs: How one car piece crosses Canada, U.S., Mexico borders 7 times

Scrap from Linamar Corp. crosses Canada, U.S., Mexico borders 7 times until it becomes an automatic transmission that powers a vehicle.

Economics

9 d. ago S&P/TSX composite drops nearly 500 points, U.S. stocks also fall as tariffs start

Canada’s main stock index fell nearly 500 points in early trading, while U.S. stock markets also tumbled, adding to their losses Monday after U.S. President Donald Trump confirmed tariffs on goods coming from Canada and Mexico.  The S&P/TSX composite index was down 568.31 points or 2.3 per cent at 24,433.260 Monday morning after the tariffs […]

Economics

9 d. ago Canadian recession looms this year if U.S. tariffs stay in place: Economists

Economists say the Canadian economy is poised to plunge into a recession this year if U.S. tariffs that took effect Tuesday morning remain in place. U.S. President Donald Trump’s executive order hitting Canada and Mexico with 25 per cent across-the-board tariffs, with a lower 10 per cent levy on Canadian energy, took effect at 12:01 […]

Economics