15 h. ago U.S. begins collecting its 10% ‘baseline’ global tariffs on many countries

The initial 10 per cent "baseline" tariff to be paid by U.S. importers took effect at U.S. seaports, airports and customs warehouses at 12:01 a.m. ET.

Economics

21 h. ago Charting the Global Economy: US Tariffs Wallop Markets, Outlook

President Donald’s Trump’s mid-week move to impose broad US tariffs — punishing for many countries — kicked off massive shock waves that reverberated through corporate boardrooms, financial markets and world governments.

Economics

44 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

62 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

63 h. ago Varcoe: Alberta business leaders relieved but remain wary after no additional tariff hit from U.S.

Alberta energy and business leaders expressed relief after U.S. President Donald Trump unleashed his series of “reciprocal” tariffs against other countries Wednesday, as Canada escaped any new hits from our largest trading partner. “That’s a double-win for us because it means not only do we not get tariffed, but we get an answer on tariffs,” […]

Economics

3 d. ago White House Annex Shows Slight Tariff Level Changes for Some

More than a dozen countries set for US reciprocal tariffs may face slightly higher levies than they first expected.

Economics

3 d. ago Canada exempt from Trump’s new tariffs, existing duties remain

WASHINGTON — The White House says that Canada and Mexico are exempt from the new reciprocal tariffs announced today by U.S. President Donald Trump.  A fact sheet from Trump’s office says goods imported under the existing continental trade deal, known as CUSMA, will not face tariffs, while those outside the deal will see a 10 […]

Economics

3 d. ago Canada among few exempt from Trump’s new tariffs, existing duties remain

WASHINGTON — Prime Minister Mark Carney will address reporters shortly after the White House declared both Canada and Mexico exempt from new reciprocal tariffs announced Wednesday by U.S. President Donald Trump. A fact sheet from Trump’s office says goods imported under the existing continental trade deal, known as the Canada-U.S.-Mexico Agreement, will not face tariffs, […]

Economics

3 d. 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

3 d. ago Canada spared any new tariffs as Trump announces sweeping new country

Canada and Mexico were excluded from the countries facing new tariffs ranging from 10 per cent to 49 per cent

Economics

3 d. ago Canada spared new tariffs as Trump hits China, Europe; Carney says Canadians still impacted

Canada and Mexico were excluded from the countries facing new tariffs ranging from 10 per cent to 49 per cent

Economics

3 d. ago All eyes on Trump as trade war continues to dominate election campaign

OTTAWA — All eyes are on U.S. President Donald Trump as he prepares to hit multiple countries with “reciprocal” tariffs. Liberal Leader Mark Carney is pausing his campaign to take part in meetings in Ottawa ahead of the expected tariffs. On top of the expected “reciprocal” tariffs, it’s not clear whether a temporary pause on […]

Politics

3 d. ago Mark Carney suspending campaign to hold meetings on Trump tariffs

OTTAWA — Liberal Leader Mark Carney is pausing his federal election campaign and returning to Ottawa for meetings as prime minister ahead of Wednesday’s announcement on U.S. tariffs. U.S. President Donald Trump is expected to hit multiple countries with “reciprocal” tariffs. The Carney campaign said no details about the meetings are available yet. Carney has […]

Economics

3 d. 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

4 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

5 d. ago Eyes warily turn to U.S. tariffs during second week of federal election campaign

OTTAWA — The second week of the federal election campaign is underway, with a fresh round of U.S. tariffs expected to soon reverberate on the hustings. Eyes are turning to Wednesday when U.S. President Donald Trump is likely to slap “reciprocal tariffs” on countries including Canada over various alleged trade practices. Liberal Leader Mark Carney […]

Politics

5 d. ago Trump open to tariff negotiations, will hit drug imports ‘soon’

United States President Donald Trump said he was open to negotiations that would reduce the tariffs he’s planning to implement on countries next week, but that he didn’t expect deals ahead of his April 2 announcement. “I’m certainly open to that, if we can do something, we can get something for it,” Trump told reporters […]

Economics

7 d. ago Canada among Trump’s ‘friendly’ countries — for now — as tariff deadline looms

MONTREAL — Uncertainty reigns ahead of a looming U.S. tariff deadline next week, with businesses stuck in a holding pattern that has halted capital investment, hiring and financial forecasts at some firms amid a trade war where the next steps — and even who counts as a friend — remain foggy. U.S. President Donald Trump […]

Economics

7 d. ago Canada among Trump’s ‘friendly’ countries — for now — as next tariff deadline looms

MONTREAL — Uncertainty reigns ahead of a looming U.S. tariff deadline next week, with businesses stuck in a holding pattern that has halted capital investment, hiring and financial forecasts at some firms amid a trade war where the next steps — and even who counts as a friend — remain foggy. U.S. President Donald Trump […]

Economics

1 week ago Trump’s Threat of ‘Secondary Tariffs’ Invents New Trade Weapon

President Donald Trump appeared to invent a new weapon of economic statecraft on Monday by threatening what he dubbed “secondary tariffs” on countries that buy oil from Venezuela to choke off its oil trade with other nations.

Economics