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U.S. President Donald Trump’s new 25 per cent tariff on Canadian steel and aluminum is fermenting a lot of stress at Burnaby’s Dageraad brewing. “I’m worried,” co-owner Ben Coli told Global News. “I’m worried about the future of the economy in general, and I am worried about what this is going to mean for my…
Political leaders and businesses in Saint John, N.B. are bracing for the impact of looming U.S. tariffs on Canadian goods, saying the city is the most vulnerable in the country. “Tariffs would be inflationary on both sides of the border and this could create a squeeze at the household level, which would be pretty challenging…
WASHINGTON — As his trade advisers finalized plans to enact reciprocal measures on every country that charges duties on U.S. imports, President Donald Trump announced Wednesday he will push for lower interest rates alongside his tariff policies. “Interest Rates should be lowered, something which would go hand in hand with upcoming Tariffs!!! Lets Rock and…
Calgary, Saint John, N.B. and Windsor, Ont. are the Canadian cities that would be hit the hardest by U.S. tariffs, says new research by the Canadian Chamber of Commerce. Using Statistics Canada trade data, the organization came up with a “U.S. Tariff Exposure Index” to look at the potential impact of threatened American tariffs on…
As U.S. President Donald Trump’s steel and aluminum tariffs begin, Canadian businesses are trying to prepare as best they can. “We’ll definitely notice the increase … our parts prices will go up,” said Kevin Fujita, a co-owner at CSN Kustom in Coaldale. He says his southern Alberta business will be impacted and unfortunately customers will…
British Columbia Premier David Eby says he’s hopeful a trip to Washington, D.C., will help convince U.S. decision-makers to step back from the brink on tariffs. But he said regardless of the outcome of the mission he’s undertaking with other Canadian premiers, the relationship between the two countries has permanently changed. 1:48 U.S. aluminum, steel…
Listen to article There has been a sudden and significant rise in both international and local gold prices once again. In the international bullion market, the price of gold per ounce surged by $42, reaching a high of $2903. Meanwhile, in local gold markets, the price of 24-carat gold per tola increased by a significant Rs 4000,…
Most of the plants grown at Rainbow Greenhouses in Chilliwack, B.C., are sold in Canada, but a small portion is exported to the U.S. And if U.S. President Donald Trump’s proposed trade tariffs are implemented in early March, shipping costs are expected to skyrocket. “We had a bunch of shipments leaving last week and we…
Many bars and restaurants in B.C. are jumping aboard the “buy Canadian” train, amid the fallout of U.S. President Donald Trump’s tariff brinksmanship. On Monday, Trump put a 30-day halt on threatened 25 per cent tariffs on Canadian goods, following a last-minute border agreement with Prime Minister Justin Trudeau. But the reprieve does not appear…
