28 h. ago Trump’s tariffs will increase price of American clothing, footwear: trade group

About 97 per cent of the clothes and shoes purchased in the U.S. are imported, predominantly from Asia, according to the American Apparel & Footwear Association

Economics

3 d. 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

6 d. ago Federal party leaders continue campaigning as more Trump tariffs loom

OTTAWA — Party leaders are likely to receive questions about Canada-U.S. relations during their campaign stops today, a day before American President Donald Trump is expected to impose “reciprocal” tariffs by increasing U.S. duties to match the tax rates that other countries charge on imports. Tomorrow, Trump may also reinstate economy-wide tariffs on Canada and […]

Politics

6 d. ago Japan’s Ishiba says he will push for US auto tariffs exemption

TOKYO (AP) — Japan’s Prime Minister Shigeru Ishiba said Tuesday his government is making last ditch efforts to get U.S. President Donald Trump to exclude his country from an increase in auto tariffs due to take effect from Wednesday. Ishiba told reporters he is willing to fly to Washington to negotiate directly with Trump. The […]

Economics

2 w. ago Poll suggests Canadians are growing more alarmed by U.S. tariffs and aggression

OTTAWA — A new poll suggests Canadians are feeling increasingly alarmed by U.S. tariffs, President Donald Trump and American economic aggression. The Leger poll, which sampled more than 1,500 Canadian adults from March 14 to March 16, suggests 41 per cent of respondents see those three factors as the most pressing threats facing Canada today […]

Economics

3 w. ago Trump vows to take back ’stolen’ wealth as tariffs on steel and aluminum imports go into effect

WASHINGTON — President Donald Trump openly challenged U.S. allies on Wednesday by increasing tariffs on all steel and aluminum imports to 25% as he vowed to take back wealth “stolen” by other countries, drawing quick retaliation from Europe and Canada. The Republican president’s use of tariffs to extract concessions from other nations points toward a […]

Economics

3 w. ago Ford wants to sell more electricity to the U.S. — Trump says it ‘doesn’t make sense’

A tense Tuesday of escalating tension between Ford and Trump saw tariff threats increased and traded before an "olive branch" from the White House in the form of a meeting.

Economics

3 w. ago EU retaliates against Trump’s trade moves and hits beef, whiskey, motorcycles with targeted tariffs

BRUSSELS — The European Union on Wednesday announced retaliatory trade action with new duties on U.S. industrial and farm products, responding within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%. The world’s biggest trading bloc was expecting the U.S. tariffs and prepared in advance, but the measures […]

Economics

3 w. ago The EU says its countermeasures to Trump’s tariffs will go into effect from April 1

BRUSSELS (AP) — The European Union on Wednesday announced retaliatory trade action with a series of duties on U.S. industrial and agricultural products that will go into effect from April 1, responding to the Trump administration increase in tariffs on all steel and aluminum imports to 25%, The world’s biggest trading bloc was expecting the […]

Economics

3 w. ago Trump Says He’s Doubling Tariffs On Canadian Steel, Aluminum

President Donald Trump said he was increasing the steel and aluminum tariff on Canadian goods to 50% to retaliate against Ontario’s move to place a levy on electricity sent to the US.

Economics

4 w. ago Tariffs ‘could go up,’ Trump says while allaying recession fears

Donald Trump said in an interview with Fox News he paused some U.S. tariffs because he 'wanted to help Mexico and Canada to a certain extent,' but added tariffs could also go up.

Economics