4 h. ago Automakers get some relief on 25% tariffs as Trump signs new executive order

'We just wanted to help them endure this little transition, short term if they can’t get parts we didn’t want to penalize them'

Economics

11 h. ago Trump set to give U.S. automobile industry some relief from multiple duties

The relief will facilitate reshoring American auto manufacturing, says Treasury Secretary Scott Bessent

Other

12 h. ago Trump set to give automobile industry some tariff relief: White House

WASHINGTON — White House Press Secretary Karoline Leavitt said U.S. President Donald Trump is set to sign an executive order on automobile tariffs later Tuesday which is intended to provide some relief to the industry besieged by multiple duties. Leavitt did not provide details about the action but Treasury Secretary Scott Bessent said Trump is […]

Economics

15 h. ago Trump to mark 100 days in office in Michigan, a state hit hard by tariffs

U.S. President Donald Trump is set to hold a rally to mark 100 days in office in Michigan, a state that's been hit hard by his tariffs.

Economics

4 d. ago Trump keeps contradicting himself on tariffs, making a fragile world economy nervous

WASHINGTON (AP) — President Donald Trump can’t stop contradicting himself on his own tariff plans. He says he’s on a path to cut several new trade deals in a few weeks — but has also suggested it’s “physically impossible” to hold all the needed meetings. Trump has said he will simply set new tariff rates […]

Economics

6 d. ago Days before Canada’s election, Trump insists that Canada needs the U.S. more than the U.S. needs it

WASHINGTON — President Donald Trump said Wednesday that Canada would “cease to exist” if it weren’t for the United States — comments that came just days before Canadians are set to vote in an election dominated by Trump’s remarks on the country’s economy and sovereignty.  Trump reinserted himself into Canada’s election during a signing ceremony inside […]

Politics

1 week ago California will sue to stop Trump from imposing sweeping tariffs

SACRAMENTO, Calif. — California Gov. Gavin Newsom said Wednesday that his state will file a lawsuit challenging President Donald Trump’s authority to impose sweeping tariffs that have set off a global trade war. The suit will argue that Trump’s use of the International Emergency Economic Powers Act to impose tariffs on Mexico, Canada and China […]

Economics

2 w. ago ’ASLEEP AT THE WHEEL’: Michigan city braces for impact of Trump’s tariffs

FLINT — Just north of downtown Flint, Mich., a two-story red brick building known as Factory One sits as just one reminder of the rich history here of the American automobile industry. The factory, the birthplace of General Motors, still stands as a beacon of innovation in the Michigan city where the number of autoworkers […]

Economics

2 w. ago Trump Tariffs Prompt Private Lenders to Triage Their Portfolios

In the days before US President Donald Trump’s sweeping global tariffs were set to go into effect, private credit managers had their heads down, trying to assess the impact to their portfolios.

Economics

3 w. ago US Inflation Is Set to Give Hints of Trump Tariff Pain to Come

US households probably experienced slightly less overall inflation last month, a reprieve that economists view as temporary in the wake of President Donald Trump’s tariff tsunami.

Economics

3 w. ago New and used car prices set to rise due to Trump tariffs: experts

Experts say U.S. tariffs on Canadian auto imports will drive prices higher for both new and used cars. Sean Mactavish, CEO of used-car marketplace Autozen, says prices are already rising on some used cars as sellers anticipate buyers looking for a better deal compared to a new vehicle. “New car prices go up. People (look) […]

Economics

3 w. ago Companies preparing for tariff turbulence as U.S. set to announce latest round

TORONTO — Impending U.S. tariffs have pushed Canadian companies to stockpile goods, cut back staff, put projects on hold and whatever else they think will help them survive the economic turmoil ahead. U.S. President Donald Trump is set to unveil his administration’s latest tariffs on numerous countries later today, but it’s unclear what their scope […]

Economics

3 w. 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

3 w. ago Poilievre says he hasn’t reached out to Trump White House to ‘not divide Canada’s voice’

Poilievre's comments come hours before Trump is set to announce a sweeping round of tariffs on foreign imports

Other

3 w. ago Poilievre says he won’t ‘divide Canada’s voice’ by reaching out to Trump admin

Poilievre's comments come hours before Trump is set to announce a sweeping round of tariffs on foreign imports

Other

3 w. ago Poilievre says he won’t ‘divide Canada’s voice’ by reaching out to Trump administration

Poilievre's comments come hours before Trump is set to announce a sweeping round of tariffs on foreign imports

Politics

3 w. ago Trump set to unveil ‘reciprocal’ tariffs on ‘Liberation Day’

Canada is bracing for a fresh round of U.S. tariffs as the trade war launched by President Donald Trump continues to dominate the federal election campaign.

Economics

3 w. 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

4 w. ago Alberta Premier Smith expects key industries to escape imposition of new U.S. tariffs

Alberta Premier Danielle Smith says she expects some major industries, including those in her province, won’t face new tariffs from U.S. President Donald Trump. Smith told reporters Tuesday that things could change, but she thinks food production and oil and gas won’t be targeted under Trump’s new tariff plan, which is set to be announced […]

Economics

4 w. ago S&P/TSX composite up more than 100 points, U.S. stocks mixed ahead of tariff day

TORONTO — Canada’s main stock index rose more than 100 points while U.S. markets were mixed after a choppy day of trading, the day before U.S. President Donald Trump is set to enact tariffs on a wide range on imports. “The markets today really are in wait and see mode, and they seem to be […]

Economics