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The Latest Breaking News from Canada

Commerce Secretary Lutnick says most tariffs on Canada, Mexico likely to be delayed a month

U.S. Commerce Secretary Howard Lutnick said Thursday in a television interview that President Donald Trump will “likely” suspend the 25% tariffs on Canada and Mexico for most products and services for a month, broadening an exemption that was granted on Wednesday only to autos

The Independent UK

Trudeau’s record may be spotty, but his biggest accomplishment was a national child-care program

As Canada prepares to close the book on the Justin Trudeau era, some will be happy to watch him go. But in Canada’s haste to see him out the door, let’s not forget his government’s significant achievements.

The Conversation

Trudeau expects a trade war between Canada and the US for the 'foreseeable future'

Canadian Prime Minister Justin Trudeau says he he expects Canada and the U.S. to be in a trade war for the foreseeable future after having what he called a colorful but constructive call with U.S. President Donald Trump this week

The Independent UK

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Trump's erratic trade policies are baffling businesses, threatening investment and economic growth

President Donald Trump’s ever-changing, on-again, off-again tariff war with America’s three biggest trading partners – Mexico, Canada and China — is baffling businesses and causing them to delay or cancel the investments that help drive economic growth

The Independent UK

How Trump justifies his tariffs: From ‘fairness’ to budget balancing

The president has offered an array of reasons to justify the tariffs, despite warnings from experts it could lead to higher prices for U.S. businesses and consumers

The Independent UK

Asian Markets Rally On US Tariff Reprieve, Possible China Stimulus

The White House announced Wednesday an exemption on any autos coming through the United States, Canada and Mexico free trade pact, after Trump held talks with the "Big Three" US automakers -- Stellantis, Ford and General Motors.

Latin Times

‘We are not the 51st anything’: viral Canada ad gets Trump-inspired update

Remake of 2000 Molson beer ad has the same message as Trump threatens tariffs: Canada will not cower to the US

The Guardian - US

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‘Cool head’: How Mexico’s Claudia Sheinbaum got Trump to halt some tariffs

Unlike Canada’s Trudeau, Sheinbaum has been more diplomatic while insisting on protecting Mexican interests. Here’s why.

Al Jazeera

Trump’s team promised governments would ‘eat’ its tariffs. Execs say they’re passing on at least 50% to consumers

Warren Buffett and Steve Cohen warned consumers would be footing the bill for Trump's trade war, and business bosses have now confirmed they plan to pass on at least half of their rising costs.

Fortune

Canadians: how is the Trump administration affecting politics in Canada and in your community?

We’d like to hear how the political landscape in Canadian communities, families and workplaces has been affected by the tensions with the Trump administration

The Guardian - UK

How Trump’s Tariffs Could Impact Your Grocery Bill

Tariffs at the checkout: Preparing for higher grocery bills and how to manage them.

Kiplinger

Stocks Plunge Before the Open on Higher Bond Yields and Weak Tech Earnings

March S&P 500 E-Mini futures (ESH25) are down -0.92%, and March Nasdaq 100 E-Mini futures (NQH25) are down -1.14% this morning as higher Treasury yields, trade war worries, and disappointing tech earnings weighed on sentiment.

Barchart

European Central Bank cuts interest rates again, by quarter point – as it happened

Central bank lowers growth projections as it warns trade war fears are hurting Europe

The Guardian - UK

Asian Markets Rise On Trump Auto Tariff Reprieve

Asian markets climbed on Thursday after US President Donald Trump announced a one-month tariff delay on auto imports from Mexico and Canada.

International Business Times

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Al Jazeera

Trump ratchets up tariff tension with Canada’s Trudeau over border policies

The president has repeatedly accused Canada of allowing vast amounts of fentanyl into the US, an unsupported claim.

InsideEVs

Trump Gives Automakers A Brief Break On Tariffs

President Donald Trump granted automakers a temporary reprieve from his newly announced tariffs Wednesday. The new 25% tariff on almost all imports from Mexico and Canada will not apply to automakers for at least one month, the White House said.

International Business Times

Stock Markets Rebound As Trump Pauses Tariffs On Automobile Industry

Wall Street bounced back Wednesday from consecutive bad days on news that President Donald Trump is pausing the potentially devastating automobile tariffs against Canada and Mexico.

Barchart

Crude Oil Prices Fall Sharply on Energy Demand Concerns and Over-Supply Fears

April WTI crude oil (CLJ25 ) Wednesday closed down -1.95 (-2.86%), and April RBOB gasoline (RBJ25 ) closed down -0.0572 (-2.61%). Crude oil and gasoline prices retreated Wednesday, with crude falling to a 1-3/4 year low. Crude oil prices are under pressure as US tariff uncertainty weighs on the outlook...

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International Business Times

Deluge Of Trump Tariffs Seen Hitting Household Budgets

Consumer items ranging from avocados and strawberries to electronics and gasoline look poised for price hikes in the wake of President Donald Trump's tariffs on Mexico, Canada and China.

Latin Times

Warren Buffet Compares Trump's Tariffs on Mexico and Canada to 'An Act of War'

Buffett has previously expressed concerns about tariffs, opposing Trump's trade proposals during the 2016 campaign, when he called them "a very bad idea"

The Guardian - US

Canada goose fights off bald eagle in rare, symbolism-laden battle on ice

Photographer captures 20-minute clash between birds emblematic of Canada and US amid high trade tensions

Barchart

Crude Prices Plunge on Energy Demand Concerns and Over-Supply Fears

April WTI crude oil (CLJ25 ) today is down -2.91 (-4.26%), and April RBOB gasoline (RBJ25 ) is down -0.0942 (-4.29%). Crude oil and gasoline prices today are sharply lower, with crude sliding to a 1-3/4 year low. Crude prices are under pressure today as US tariff uncertainty weighs on...

International Business Times

US Signals Possible Exemptions In Canada, Mexico Tariffs

US Commerce Secretary Howard Lutnick said an announcement on Canada and Mexico tariffs was expected later Wednesday, signaling potential relief for specific sectors such as automobiles, a day after the steep levies took effect.

The Independent UK

'Bear with me,' Trump says as both farmers and consumers brace for tariff effects

Farmers and meat producers across the U.S. can expect the new tariffs on Mexico, Canada and China and the retaliation to hurt their bottom lines by billions of dollars if they stay in place a while

International Business Times

US Official Says Possible Canada, Mexico Tariff Relief On 'Categories'

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