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Hours after threatening to double incoming tariffs set for Wednesday on Canadian steel and aluminum, the White House says U.S. President Donald Trump is keeping them at their original rate of 25 per cent. The confirmation ended a day of escalating threats that started with Trump saying steel and aluminum tariffs on Canada will go up…
Soy farmer Caleb Ragland on his farm in Magnolia, Kentucky Courtesy: American Soybean Association Caleb Ragland, a soybean farmer in Magnolia, Ky., voted for President Donald Trump in 2016, 2020 and 2024. Now, however, he has to navigate a tariff minefield at a time when the sector is already facing major headwinds. Ragland works with…
President Donald Trump said Tuesday he has ordered his administration to raise tariffs on Canadian steel and aluminum imports by an additional 25%, bringing the total duties to 50%. The new policy will go into effect Wednesday morning, Trump said in a Truth Social post that also repeated his calls for Canada to be absorbed…
The White House on Monday downplayed the weekslong stock market sell-off, insisting that recent moves by business leaders suggest a brighter outlook for the U.S. economy. “We’re seeing a strong divergence between animal spirits of the stock market and what we’re actually seeing unfold from businesses and business leaders,” a White House official told reporters…
Baggage handlers load luggage onto a Southwest Airlines Boeing 737 at Austin-Bergstrom International Airport on August 24, 2024 in Austin, Texas. Kevin Carter | Getty Images News | Getty Images It’s happening: Southwest Airlines will start charging passengers to check bags for the first time. It’s a stunning reversal that shows the low-cost pioneer is…
Just last week, retailers across Canada began removing American alcohol from shelves. The move came as a response to American President Donald Trump’s sweeping tariffs on Canadian goods. Though Trump has since backtracked on a number of tariffs and adjusted deadlines for others, the air in Canada is one of uncertainty for independent businesses. “Five…
China’s intent to slap 25 per cent tariffs on Canadian seafood products adds another layer of uncertainty to an industry already threatened by U.S. duties, say sector representatives in Atlantic Canada. China announced the retaliatory tariffs on Saturday in response to the Canadian surtax of 100 per cent on all Chinese-made electric vehicles, and of…
All three major U.S. stock indexes dropped sharply in Monday morning trading, with investors worried about the uncertainty of tariffs imposed by President Donald Trump on key trading partners and then his refusal to rule out the possibility of a U.S. recession in the coming months. The key Dow Jones average of 30 blue chip…
Descrease article font size Increase article font size B.C. Premier David Eby says all U.S. liquor products will be removed from B.C. liquor stores. Previously, it was only liquor from red states, but Eby said on Monday that will now change. “People don’t even want to see American products on the shelves,” Eby said. On…
U.S. President Donald Trump speaks to reporters as White House Press Secretary Karoline Leavitt stands by him aboard Air Force One on his return to Washington, D.C., U.S., March 9, 2025. Kevin Lamarque | Reuters President Donald Trump has dismissed the growing chorus of CEOs, investors and policymakers who are pleading with the White House…
