2 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

19 h. ago B.C. premier to speak live following Donald Trump’s ‘Liberation Day’ tariffs

On Wednesday, U.S. President Donald Trump unveiled a minimum 10 per cent baseline tariff on imports from most countries, not including Canada and Mexico.

Economics

22 h. ago US Energy Chief Plans to Use Federal Land to Build Data Centers

The Trump administration unveiled plans Thursday to use Energy Department land and resources to build data centers for artificial intelligence.

Other

38 h. ago Commodities Impact Mixed as Trump Announces Reciprocal Tariffs

The long—awaited unveiling by President Donald Trump of sweeping reciprocal tariffs on imports into the US triggered a slump in oil prices while gold rose.

Economics

39 h. ago Trump unveils 10% global tariff, many nations face higher rate

Imposing tariffs on trading partners worldwide in biggest assault yet on a global economic system

Economics

43 h. ago U.S. Senate measure to end Trump’s Canada tariffs may pass with GOP support

The vote on the Democratic measure comes as Trump is due to announce his so-called 'reciprocal' tariff plan that seeks to reorient global trade.

Economics

44 h. 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

48 h. ago State of economywide tariffs on Canada unclear as Trump’s global trade war escalates

WASHINGTON — As U.S. President Donald Trump prepares to unveil his so-called “liberation day” plan to hit multiple countries with tariffs, it’s still not clear whether a temporary pause on separate economywide duties on Canada will be lifted. In early March, Trump imposed — then partially paused — 25 per cent across-the-board tariffs, with a […]

Economics

49 h. 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

57 h. 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

3 d. ago Latin Americans Split on Retaliation as Trump’s Tariffs Loom

Latin Americans are broadly worried about US tariffs but have mixed feelings about how their leaders should respond to the barrage of trade levies Donald Trump is poised to unveil this week.

Economics

3 d. ago US Stocks Swoon as Trump Sows Economic Fear Across Wall Street

The US stock market rout intensified on Monday on fears that President Donald Trump’s next tariff rollout will deliver a shock to the global economy, with rising recession concerns leaving the S&P 500 Index on track for its worst quarter compared to the rest of the world since the 1980s.

Economics

5 d. ago Global Equities Investors Gird for Trump’s Next Tariff Body Blow

President Donald Trump says he’s looking forward to April 2. Global equities investors, not so much.

Economics

8 d. ago Trump expected to unveil auto tariffs during Oval Office press conference Wednesday

OTTAWA — U.S. President Donald Trump will make an announcement Wednesday afternoon about tariffs on auto imports, said White House Press Secretary Karoline Leavitt. Leavitt wouldn’t reveal any details about the tariffs, except that an announcement is being made. Trump had previously said that he would reveal auto tariffs on April 2, the same day […]

Economics

8 d. ago Bank of Canada says it would have likely held rate steady if not for tariffs

OTTAWA — The Bank of Canada likely would have hit pause on its interest rate lowering cycle earlier this month were it not for the substantial uncertainty around tariffs from the United States. The central bank today released a summary of the discussions that led to its quarter-point rate cut two weeks ago in a […]

Economics

8 d. ago Trump Prepares Auto Tariff Announcement as Soon as Wednesday

President Donald Trump is readying an announcement on auto levies as soon as Wednesday, according to people familiar with the matter, a move that would escalate his fight with global trading partners ahead of a broader tariff push next week.

Economics

9 d. ago Ontario fast food chain scraps U.S. expansion plans amid trade war

Amid rising tensions from the trade wars, many in Ontario are opting to buy local products when it comes to their everyday purchases. Even Ontario-owned businesses are considering this when it comes to talks about expansion.Recently, Ontario-based vegan fast food chain Odd Burger put out a press release stating that it would be halting its U.S. expansion plans due to "escalating political tensions between Canada and the U.S.""Given the global tariff uncertainty, we are putting the brakes on our U.S. expansion until pricing metrics can be formulated with certainty," said James McInnes, CEO and co-founder of Odd Burger. "We are also seeing increased demand for our products in Canada, and as a Canadian Company, we want to make sure that we focus on our core market at this time."Additionally, the company added that it believes it can help other Canadian companies transition to plant-based products made in Canada and sees a significant growth opportunity in supporting the Canadian market...

Economics

9 d. ago European Stocks Resume Rally as Focus Remains on Tariff Moves

European stocks rallied on Tuesday, snapping a three-session losing streak, as investors focused on the outlook for global trade ahead of a US tariff deadline next week.

Economics

1 week ago Trump demands removal of his portrait in the Colorado Capitol and claims it was ‘distorted’

DENVER — President Donald Trump is demanding that his portrait in the Colorado state Capitol be taken down, saying he has received complaints about the image and claiming it was “purposefully distorted.” The portrait was painted during Trump’s first term and unveiled in 2019. Colorado Republicans raised more than $10,000 through a GoFundMe account to […]

Other

1 week ago City of Ottawa appealing court ruling over payments in lieu of taxes

The Federal Court ruled in February that the federal government made a "reasonable" decision to pay a lower rate for PILTs on properties in the national capital.

Economics