The Latest Breaking News from Canada

Trump is now laying ground for a trade war with the country’s largest trading partners

Asian markets were mixed Wednesday as traders tried to gauge the economic outlook after Donald Trump picked a tough-negotiating hawk as his trade envoy the day after saying he would hit China, Canada and Mexico with hefty tariffs.

The president-elect said he intends to levy a 25% tariff on goods imported from Mexico and Canada until drugs and undocumented migrants stop crossing the border.

Canada, Mexico and the United States remain among the top four countries in oil production in the Americas alongside Brazil

The incoming Republican administration of Donald Trump has threatened to impose a 25 per cent tariff on all products from Canada and Mexico on the first day of his presidency — Jan. 20, 2025. Canada says it will continue to work with the United States on trade issues while Mexico…

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.57%. Stocks on Tuesday settled higher, with the S&P 500 and Dow Jones Industrials posting...

Trump announced he plans to slap tariffs on products made in Canada and Mexico in addition to his planned tariffs on Chinese goods

He said he was going to do it, and he did it.

Other countries can’t afford to play guessing games with Trump. The American public would be wise to respond in kind

The dollar index (DXY00 ) Tuesday rose by +0.18%. The dollar moved higher Tuesday after President-elect Trump said on his first day in office he would impose an extra 10% tariff on goods from China and a 25% tariff on all products from Canada and Mexico. The dollar also found...

Fresh US tariffs on Canada and Mexico could raise costs of automobiles and building materials, analysts said Tuesday, after President-elect Donald Trump threatened to erect new trade barriers.