55 h. ago ‘Recession risks alive’ as Canada’s manufacturing numbers suffer under Trump tariff regime

The economic data questions the Bank of Canada's recent decision to hold interest rates for a second consecutive time

Economics

6 d. ago Trump’s Tariff Chaos Threatens His Push for Rust Belt Revival

President Donald Trump’s signature trade policy is threatening to backfire by upending other top priorities: the revival of US manufacturing and the American Rust Belt.

Economics

8 d. ago As his trade war faces legal pushback, Trump has other tariff tools he could deploy

WASHINGTON — U.S. President Donald Trump’s tariffs are facing legal headwinds for the first time — but he has other tools he could deploy in his quest to realign global trade. A federal appeals court is still deciding whether there will be a stay on Trump’s universal tariffs enacted through the International Emergency Economic Powers […]

Economics

8 d. ago Traders Scour for ‘Elusive’ Catalyst to Push S&P 500 to Record

For stock traders there’s little to fear at the moment. Corporate America keeps churning out solid earnings. The chances of a recession aren’t blaring. And President Donald Trump’s tariff policy is expected to become more clear before long.

Economics

9 d. ago Australian PM Floats Potential US Beef Import Deal for Trump

Australian Prime Minister Anthony Albanese has signaled scope for a potential deal on US beef imports to his nation as part of tariff negotiations with President Donald Trump.

Economics

1 week ago Trump suggests Ukraine, Russia may need to ‘fight for a while’

Trump likened the war in Ukraine — which Russia invaded in early 2022 — to a fight between two young children who hated each other.

Other

1 week ago U.S. ‘can’t fight a war’ without American steel, Trump tariff chief says

Howard Lutnick defended the doubling of steel and aluminum tariffs while denying the immediate real-world implications that will have on U.S. defence manufacturing.

Economics

1 week ago Trump’s tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says

WASHINGTON (AP) — President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the economy, raising the inflation rate and reducing the purchasing power of households overall, according to an analysis released Wednesday by the Congressional Budget Office. The numbers were revealed in a letter sent to […]

Economics

1 week ago Bank of Canada to make interest rate decision as tariff uncertainty lingers

The Bank of Canada is set to make its interest rate decision, even as tariff uncertainty lingers, including President Donald Trump's latest increase to steel and aluminum tariffs.

Economics

1 week ago Cut, hold or hike? Bank of Canada to reveal what’s next for interest rates

The Bank of Canada is set to make its interest rate decision, even as tariff uncertainty lingers, including President Donald Trump's latest increase to steel and aluminum tariffs.

Other

1 week ago Asian Stock Futures Buoyed by US Jobs Surprise: Markets Wrap

Asian stocks will likely draw support from US data showing the country’s labor market is holding up despite concerns about risks stemming from President Donald Trump’s tariff war. US shares and the dollar rose.

Economics

1 week ago U.S., Canadian markets move higher as investors shrug off tariff ‘noise’

Canada’s main stock index edged up and U.S. markets climbed as investors tried to tune out the latest noise from U.S. President Donald Trump’s tariff war. “I think everybody’s taking a wait-and-see approach,” said Allan Small, senior investment adviser at iA Private Wealth, referring to worldwide “reciprocal” tariffs on pause for at least another month. […]

Economics

1 week ago As Trump tariff deadline looms, countries asked to give best trade offers

The letter from the United States Trade Representative asks countries to provide their offers by Wednesday as officials seek to accelerate talks with multiple partners.

Economics

1 week ago Canada’s steel industry says Trump’s next tariff hike threatens ‘mass disruption’ to supply chain

Algoma Steel paid over $10 million in tariffs in just two weeks

Economics

1 week ago Carney Aims to Thwart Trump’s Tariff Assault by Unlocking Internal Trade

Prime Minister Mark Carney is pushing to offset the economic pain caused by US President Donald Trump’s tariffs by compelling Canadian provinces to liberalize trade with one another.

Economics

1 week ago Britain is getting a defense boost aimed at sending a message to Moscow, and to Trump

LONDON (AP) — The United Kingdom will build new nuclear-powered attack submarines and create an army ready to fight a war in Europe as part of a boost to military spending designed to send a message to Moscow — and Washington. Prime Minister Keir Starmer said Britain “cannot ignore the threat that Russia poses” as […]

Events

2 w. ago Tariff Revenues Rise Sharply in Canada After Retaliation Against Trump Levies

A spike in custom import duties shows proceeds from retaliatory tariffs are starting to roll into the coffers of Canada’s federal government.

Economics

2 w. ago White House Cites Options on Tariffs, ‘Nothing’s Really Changed’

Senior White House officials on Thursday downplayed the implications of a court ruling that blocked a swath of President Donald Trump’s tariff measures, and expressed confidence about an appeal.

Economics

2 w. ago Posthaste: What the tariff ruling that shook the world means to Canada

Just when we thought we'd seen every twist in the trade war saga

Economics

2 w. ago Farmers Press Trump for Biofuels Boost to Counter Tariff Losses

After losing their biggest export market due to Donald Trump’s trade wars, US farmers are now counting on the president’s support for biofuels to prevent their next crop from piling up in storage.

Economics