16 h. ago Varcoe: 'Market is fearful' — Global trade war, increased OPEC production shock oil prices, stocks

“There's a lot of uncertainty around how this is going to impact the global economy”

Economics

17 h. ago The Latest: Trump’s tariffs unleash trade war and calls for negotiations

U.S. President Donald Trump’s big raise in tariffs has triggered an escalating trade war and sent global markets plummeting. The S&P 500 fell 6% Friday, the Dow Jones Industrial Average plunged 5.5% and the Nasdaq composite dropped 5.8%. China announced Friday that it will impose a 34% tax on all U.S. imports next week, part […]

Economics

66 h. ago Commodities Hit as Trump’s Tariffs Threaten Demand and Economy

Commodities from oil to industrial metals to grains slipped as President Donald Trump’s tariff onslaught ratcheted up a trade war that threatens to hurt the global economy and demand for raw materials. Gold steadied after hitting a fresh record high.

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

8 d. ago Xi Woos Global Business Leaders as Trump Intensifies Trade War

Chinese President Xi Jinping vowed to improve market access at a meeting with a group of global business leaders in Beijing, in an effort to boost investor sentiment as rising tariffs fuel uncertainty for the economy and international trade.

Economics

1 week ago Trump announces 25 per cent tariff on all auto imports to the U.S.

WASHINGTON — U.S. President Donald Trump on Wednesday signed an executive order to impose 25 per cent tariffs on all automobile imports to the United States next week in a move that further escalated his global trade war and rocked stock markets. Prime Minister Mark Carney called the move a “direct attack” on Canadian auto […]

Economics

2 w. ago Global Silver Market Under Strain as Tariffs Trigger Dislocation

The global silver market is under stress as trade-war concerns unsettle investors, with key indicators flashing red, millions of ounces on the move between trading hubs and months of disruption in prospect.

Economics

3 w. ago Trade War Threatens Oil Demand as OPEC+ Boosts Supply, IEA Says

Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said.

Economics

3 w. ago Trump’s Trade War Expands as Metal Tariffs Spur EU Retaliation

President Donald Trump’s 25% tariffs on steel and aluminum imports came into force Wednesday, triggering a reprisal from the European Union as the global trade war enters a new and risky phase.

Economics