6 h. ago Shale Stocks Battered as Trump Tariffs Subvert His Push to Drill

Shale-oil companies are taking some of the harder lumps on Wall Street as crude prices tumble and President Donald Trump’s trade war runs headlong into his goal to turbocharge US energy production.

Economics

9 h. ago New and used car prices set to rise due to Trump tariffs: experts

Experts say U.S. tariffs on Canadian auto imports will drive prices higher for both new and used cars. Sean Mactavish, CEO of used-car marketplace Autozen, says prices are already rising on some used cars as sellers anticipate buyers looking for a better deal compared to a new vehicle. “New car prices go up. People (look) […]

Economics

26 h. ago U.S. egg imports meant to drive down prices could now face Trump tariffs

U.S. Agriculture Secretary Brooke Rollins said tariffs on egg imports meant to ease a supply shortage were possible and negotiations with affected countries were ongoing.

Economics

32 h. ago VW and Mercedes Answer Trump With Price Hikes, Output Shifts

Europe’s automakers are raising prices and preparing to shift car production to the US to try to protect themselves from President Donald Trump’s tariffs.

Economics

3 d. ago Gold prices could keep climbing as Trump’s trade policies rock markets

Gold prices have been spiking as President Donald Trump's tariff policies have started an international trade war that's roiled financial markets.

Economics

3 d. ago No batteries? Thinner packaging? US businesses look for ways to offset tariffs

NEW YORK (AP) — Gadgets sold without batteries. Toys sold in slimmed-down boxes or no packaging at all. More household goods that shoppers need to assemble themselves. These are some of the ways consumer product companies are retooling their wares to reduce costs and avoid raising prices as President Donald Trump levies new import taxes […]

Economics

7 d. ago Bitcoin Options Show Traders Are Hedging Against Drop Back Below $80,000

Crypto traders are flocking to the options market to hedge against further price declines, as President Donald Trump’s planned tariff announcements next week keep financial market on edge.

Economics

8 d. ago Latest U.S. auto tariffs a recipe for higher prices, layoffs across North America

TORONTO AND OSHAWA, ONT. — The auto industry is sounding the alarm about U.S. President Donald Trump’s latest tariff announcement, which could weigh on companies, raise consumer prices and result in job losses. Trump announced Wednesday he would impose 25 per cent tariffs on auto imports to the U.S., set to take effect next week. […]

Economics

8 d. ago Thinking of buying a car? Here’s what you need to know about tariffs and prices

If Trump's tariffs take effect on April 2, prices will likely go up

Economics

9 d. ago New U.S. auto tariffs to devastate sector, raise consumer costs: industry

Canadian auto industry leaders say the latest tariffs announced today by U.S. President Donald Trump will raise the prices of cars for consumers and devastate the sector. “This is nuts,” said Flavio Volpe, president of the Automotive Parts Manufacturing Association. “It seems he’s bent on doing the things that he’s been warned will shut down […]

Economics

9 d. ago ‘THIS IS NUTS:’ New U.S. tariffs on auto sector to devastate industry, leaders say

Canadian auto industry leaders say the latest tariffs announced Wednesday by U.S. President Donald Trump will raise the prices of cars for consumers and devastate the sector. “This is nuts,” said Flavio Volpe, president of the Automotive Parts Manufacturing Association. “It seems he’s bent on doing the things that he’s been warned will shut down […]

Politics

1 week ago Copper Markets in Asia Tighten Up as Tariff Fears Spur Turmoil

The copper market in Asia is tightening up, adding to signs of worldwide dislocation, as prices rally hard on speculation that the Trump administration will impose import tariffs on the key metal.

Economics

1 week ago Sticky US Inflation and Tariffs Are Keeping the Fed Sidelined

US inflation remains at a disquieting level for Federal Reserve officials, just as the Trump administration moves forward with tariffs that risk keeping price pressures elevated.

Economics

2 w. ago Stock market today: Asian shares are mixed after Wall St edges lower on US policy uncertainty

HONG KONG (AP) — Asian shares were mixed on Friday after Wall Street retreated as investors were rattled by uncertainties brought by U.S. President Donald Trump. U.S. futures were nearly unchanged and oil prices advanced. Chinese markets declined for a second day. Hong Kong’s Hang Seng tumbled 2% to 23,733.02 after China kept its key […]

Economics

2 w. ago Oil Executives Talk Permitting But Not Prices in Trump Meeting

Oil executives pressed for faster permitting — and didn’t discuss concerns about falling crude prices — during a meeting with President Donald Trump on Wednesday, Interior Secretary Doug Burgum said.

Economics

2 w. ago Oil Titans Uneasy Over Tariffs and Crude Prices Meet With Trump

The chief executives of more than a dozen oil companies will deliver a message of gratitude — as well as caution — when they meet with President Donald Trump on Wednesday.

Economics

3 w. ago Oil’s Houston Homecoming Overshadowed by Trade War, Price Drop

Oil executives gathering in Houston this week learned the hard way that US President Donald Trump’s pro-fossil fuel agenda comes with a catch: lower prices.

Economics

4 w. ago Trump Team Weighs Ending Oil Price Cap If Russia Talks Progress

Advisers to President Donald Trump are sketching out potential Russia sanctions he could lift or tweak — including the oil price cap — if there’s progress in talks with Moscow on ending its war in Ukraine, according to people familiar with the matter.

Economics

4 w. ago Varcoe: Double trouble as oil price falls and Trump tariffs leave oilpatch on edge

More economic turbulence is brewing for Alberta these days, and it’s not just about tariffs imposed by our largest trading partner. Oil prices have tumbled this week, after the Organization of Petroleum Exporting Countries (OPEC) and its allies agreed to a long-delayed plan to bring back production that it had voluntarily idled. Prices for U.S. […]

Economics

4 w. ago Walmart Asks Chinese Suppliers for Major Price Cuts on Trump Tariffs

Walmart Inc. has asked some Chinese suppliers for major price reductions, with the US retail giant’s efforts to shift the burden of President Donald Trump’s tariffs facing strong push back from firms in the Asian nation, according to people familiar with the matter.

Economics