13 h. ago Trump threatens new 50% tariff on China on top of ‘reciprocal’ duties

Trump's response is in reaction to China retaliating to the U.S. "reciprocal" tariffs with a 34 per cent duty of its own on American imports.

Economics

4 d. ago Commodities Hit as Trump’s Tariffs Threaten Demand and Economy

Commodities from oil to industrial metals to grains slipped as President Donald Trump’s tariff onslaught ratcheted up a trade war that threatens to hurt the global economy and demand for raw materials. Gold steadied after hitting a fresh record high.

Economics

1 week ago Dollar Suffers Its Worst Month Since 2023 as Bullish Bets Recede

The dollar is headed for its worst month in over a year as US economic expansion is threatened by President Donald Trump’s tariff policies.

Other

2 w. ago Trump Vows 25% ‘Secondary’ Tariff on Buyers of Venezuelan Oil

President Donald Trump on Monday threatened a 25% tariff on any nation purchasing oil and gas from Venezuela, ratcheting up his dispute with the Latin American country over immigration with a move that risks roiling the global energy trade.

Economics

2 w. ago Trump’s 200% tariff threat would be ’a real disaster’ for Europe’s wine industry

CHAMPAGNE, France (AP) — Across wine country in France, Italy and Spain one number is top of mind: 200%. That’s because last week U.S. President Donald Trump threatened a tariff of that amount on European wine, Champagne and other spirits if the European Union went ahead with retaliatory tariffs on some U.S. products. The top […]

Economics

3 w. 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

3 w. 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

3 w. 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

4 w. 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

4 w. 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