1 hour 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

4 h. ago Liberal Airport Privatization Scheme Should Be Grounded: Canada’s Flight Attendants

OTTAWA, Ontario — CUPE’s Airline Division, which represents 18,500 flight attendants across Canada, is pushing back against the Liberal government’s proposal for increased privatization of Canadian airports. “Privatizing airports will put good union jobs at risk and increase costs for travellers at the very moment our jobs and services are being threatened by President Trump’s […]

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4 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

6 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

6 h. ago Trump Vows 200% Tariff on EU Wine, Escalating Trade Tensions

President Donald Trump threatened to enact a 200% tariff on European wine, champagne and other alcoholic beverages, the latest escalation in a brewing trade war between the US and the EU.

Economics

27 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

47 h. ago Ontario backs down on electricity surcharge after Trump threatens chaos

In yet another unanticipated pivot in the never-ending U.S.-Canada tariff saga, Ontario Premier Doug Ford has reneged on imposing a surcharge on electricity exported to neighbouring American states.After holding the retaliatory threat over Donald Trump's head as soon as the tariff talk shifted from the President's characteristic bravado into actual action, Ford properly enacted a 25 per cent tax on power sent to New York, Michigan and Minnesota on Monday, noting that it would add an extra $100 to the bills of 1.5 million homes and businesses and bring in hundreds of thousands of revenue to the province per day.Predictably, this threw Trump into a frenzy, prompting the reality star-turned-leader to announce an increase in tariffs on Canadian steel and aluminum on Tuesday — from 25 to a ridiculous 50 per cent."Based on Ontario, Canada, placing a 25 per cent Tariff on 'Electricity' coming into the United States, I have instructed my Secretary of Commerce to ad...

Other

51 h. ago Donald Trump renews threat on autos, the London area's economic backbone

Donald Trump threatened to 'essentially, permanently shut down the automobile manufacturing business in Canada' with tariffs

Other

52 h. ago Canadian Dollar Slumps as Trump Threatens to Double Steel Levies

The Canadian dollar slid to a weekly low and local bonds rallied after US President Donald Trump said he would raise steel and aluminum tariffs on Canada to 50%, doubling a planned levy set to take effect just after midnight.

Other

52 h. ago Donald Trump threatens to double tariffs on Canadian steel and aluminum

Trump says 50 per cent tariffs will be placed on Canadian steel and aluminum on Wednesday

Economics

52 h. ago Trump threatens to double tariffs on Canadian steel and aluminum after Ontario electricity surcharge

The latest outburst from the American president appears to have been triggered by tariffs imposed by Ontario Premier Doug Ford

Economics

68 h. ago Trump's threatened tariffs on Canadian dairy products 'just noise': Expert

U.S. President Donald Trump took aim at Canada’s dairy industry Friday, signaling he will implement steep tariffs on Canadian dairy. Though the dairy tariff threat is “noise” from the Oval Office, it’s a sign U.S. access to the Canadian market will be a battleground for the Trump in the future, one Canadian agri-food expert says. […]

Economics

2 d. ago China tariffs on Canadian seafood add more volatility to industry threatened by Trump

HALIFAX — China’s intent to slap 25% tariffs on Canadian seafood products adds another layer of uncertainty to an industry already threatened by U.S. duties, say sector representatives in Atlantic Canada. China announced the retaliatory tariffs on Saturday in response to the Canadian surtax of 100% on all Chinese-made electric vehicles, and of 25% on […]

Economics

3 d. ago Ontario's trade war retaliation will drive up U.S. electricity bills by $100 per month

Ontario Premier Doug Ford has just taken another bold step in Canada's counter-attack in the face of the steep tariffs U.S. President Donald Trump enacted on goods imported from the north last week.On Monday, Ford and his minister of energy and electrification formally introduced a new 25 per cent surcharge on all electricity the province sends south of the border, which will add approximately $100 to the monthly power bills of some 1.5 million residents in neighbouring New York, Michigan and Minnesota, effective immediately.It's a measure that the premier has been threatening since Trump started mounting his tariff actions in earnest in recent weeks, turning the blustering prattle the former reality TV star is notorious for into serious, debilitating action against his nation's closest ally.Ford added in his press conference about the new surcharge this morning that he will escalate restrictions on Ontario-produced energy further if...

Economics

3 d. ago Mark Carney Wins Canada Liberal Contest, Will Succeed Trudeau in Days

Mark Carney won the race to become Canada’s next prime minister, putting the former central banker in charge of the country just as US President Donald Trump’s administration threatens its economic future.

Politics

3 d. ago Trudeau says that ’Canada is not a given’ in farewell speech amid Trump threats

OTTAWA — Prime Minister Justin Trudeau said that freedom, democracy and Canada “are not a given” in his farewell speech to Liberals just before former Bank of Canada governor Mark Carney was announced as the new Liberal leader. This comes as U.S. President Donald Trump threatens Canada with economic annexation and places tariffs on Canadian […]

Politics

3 d. ago With U.S. threats of making Canada the 51st state, hundreds rally on Parliament Hill

OTTAWA — Hundreds of people gathered on Parliament Hill for the “Elbows up, Canada” rally as U.S. President Donald Trump threatens economywide tariffs and making the country into the 51st state. The “Elbows up, Canada” rally comes together after four days of planning, drawing big name speakers including former foreign affairs minister Lloyd Axworthy, Ottawa […]

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3 d. ago Trump and commerce secretary indicate dairy and lumber tariffs may wait until April

U.S. tariffs on Canadian dairy and lumber may not arrive until next month, according to interviews President Donald Trump and his top commerce official gave to media outlets this weekend. Trump threatened Friday he may hit Canadian lumber and dairy with “reciprocal” tariffs, which he said could come within days. But U.S. Commerce Secretary Howard […]

Politics

4 d. ago The Bond Market’s Trump Trade Is Looking Like a Recession Trade

Bond traders are signaling an increasing risk that the US economy will stall as President Donald Trump’s chaotic tariff rollouts and federal-workforce cuts threaten to further restrain the pace of growth.

Economics

5 d. ago Confusion in Ontario about what happens to U.S. alcohol taken off LCBO shelves

Premier Doug Ford was exceptionally swift in following through on his commitment to clear U.S. products from LCBO shelves provincewide this week as Canada grapples with President Trump's injurious tariffs.The whole situation has been beyond bewildering for citizens, with Trump threatening to impose the 25 per cent levies on most goods, then backtracking and deferring them at the last second, and flip-flopping multiple more times before indeed implementing the tariffs at 12:01 a.m. Tuesday.Also somewhat confusing are the steps that various levels of government here in Canada are taking in response, including culling U.S. booze from the market.Though the move has proven to be quite popular, strategic and symbolic — with residents enthusiastically in support, and some alcohol brands calling it "worse than a tariff" — people are wondering who is on the financial hook for the countless bottles that have now been with...

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