75 m. 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

78 m. ago High anxiety over softwood lumber despite tone change from U.S.

Eby's comments come as Canada has largely escaped the worst of Trump's tariff announcements on Wednesday

Other

2 h. ago China imposes 34% tariff on imports of all U.S. products starting April 10

BEIJING — China announced Friday that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S. President Donald Trump’s “Liberation Day” slate of double-digit tariffs. The new tariff matches the rate of the U.S. “reciprocal” tariff of 34% on Chinese exports […]

Economics

4 h. ago Countries and companies mull strategies for coping with barrage of higher US tariffs

BANGKOK (AP) — President Donald Trump’s latest tariff hikes on U.S. imports are compelling countries and industries to scramble for footing in a time of potential upheavals in global trade. As world markets wallowed in more heavy losses Friday, Taiwan’s president promised to provide support to industries most vulnerable to the 32% tariffs Trump ordered […]

Economics

4 h. ago US electric vehicle industry is collateral damage in Trump’s escalating trade war

DETROIT (AP) — President Donald Trump’s tariff blitz has sent shock waves throughout every aspect of the global economy, including the auto sector, where multi-billion-dollar plans to electrify in the United States are especially at risk. Here’s what consumers should know about the impact of tariffs on electric vehicles. Where does EV adoption stand in […]

Economics

4 h. ago Stocks are still dropping after worst day for markets since 2020

'The market is giving big thumbs down to this tariff policy'

Economics

4 h. ago Faced with Trump’s new tariff, French wine producers expect rough times ahead

CHABLIS, France (AP) — France’s wine producers are deeply concerned that the 20% tariff slapped by President Donald Trump will deal a severe blow to the sector that relies on the U.S. as its top market. French President Emmanuel Macron on Thursday warned of “massive” impact as he met with representatives of the most affected […]

Economics

6 h. ago Canada’s Joly Aims for Maximum Pressure on Trump, Europe Pivot

Canada is aiming to put maximum pressure on US President Donald Trump in response to his barrage of tariffs, Foreign Minister Melanie Joly said, adding that it intends to pivot to Europe and Asia to find new markets.

Economics

6 h. ago German Factory Orders Failed to Improve Before Trump Tariffs

German factory orders unexpectedly failed to increase in February as the world economy prepared for US President Donald Trump to ratchet up import duties and upend global supply chains.

Economics

12 h. ago Japan’s Stocks Slide as Global Growth Outlook Darkens on Tariffs

Japanese stocks fall as global investors dumped riskier assets on concern Donald Trump’s tariffs will slow the world economy. Bank shares slid most on the view Bank of Japan won’t raise interest rates as much if US levies batter the economy, while a stronger yen hurt exporting companies.

Economics

14 h. ago High anxiety over softwood lumber despite tone change from U.S.: B.C. premier

British Columbia’s premier said Thursday he is encouraged to see a shifting tone in U.S. President Donald Trump’s talks with Canada, but concerns remain about how tariffs could devastate the province’s softwood lumber sector. Premier David Eby said at a media availability in Victoria that he will be travelling to Prince George in central B.C. […]

Other

14 h. ago Oil Extends Sharp Drop After Surprise OPEC+ Hike, Trump Tariffs

Oil fell further after President Donald Trump’s tariffs and an OPEC+ decision to increase output faster than previously announced triggered the worst rout since 2022.

Economics

15 h. ago How Trump’s Tariffs Were Honed in Final Hours Before Rollout

President Donald Trump’s trade salvo was years in the making. The details came down to the final moments.

Economics

15 h. ago Frenzied Rollout Marks Trump Tariff Push That Put World on Edge

President Donald Trump’s trade salvo was years in the making. The details came down to the final moments.

Economics

15 h. ago Latest U.S. tariffs hard to celebrate, but give time for talks: Alberta Premier Danielle Smith

“It's hard for me to celebrate,” Danielle Smith said Thursday in Calgary. She pointed to a “devastating” impact on the forestry industry, and for steel, aluminum and autoworkers.

Economics

15 h. ago Some Sask. companies relieved after Trump’s recent tariff announcement

Some Saskatchewan industries are feeling relieved after seeing Canada left out of U.S. President Donald Trump's tariffs announced on Wednesday.

Economics

16 h. ago Hochul Says Trump’s Tariffs Are Already Hurting New York Economy

President Donald Trump’s sweeping tariff push is already hitting New York’s economy, with falling Canadian tourism and cross-border shopping driving down sales tax revenue, Governor Kathy Hochul said.

Economics

17 h. ago Billionaires see biggest wealth loss since COVID from Trump tariffs

The world’s 500 richest people saw their combined wealth plunge by $208 billion Thursday as broad tariffs announced by President Donald Trump sent global markets into a tailspin. The drop is the fourth-largest one-day decline in the Bloomberg Billionaires Index’s 13-year history, and the largest since the height of the COVID-19 pandemic. More than half […]

Economics

18 h. ago Trump’s odd fascination with word ‘groceries’ reappears in tariff speech

There is no evidence supporting his statement that grocery prices are falling

Economics

18 h. ago U.S. egg imports meant to drive down prices could now face Trump tariffs

U.S. Agriculture Secretary Brooke Rollins said tariffs on egg imports meant to ease a supply shortage were possible and negotiations with affected countries were ongoing.

Economics