Trudeau brought to tears during press conference as time as Canadian PM nears end during US tariff war
Justin Trudeau was shed tears as he spoke about his continued feud with President Trump and the tariffs he imposed on US-based tariffs that rattled Canada on his last day as prime minister. Trudeau, 53, appeared in a Press conference In Ottawa on Thursday, he discussed childhood health care, but became visibly emotional, vowing to […]
Dow falls over 500 points as markets fear tariff turmoil
President Donald Trump's uncertainty about tariffs rattled Wall Street on Thursday, sending the Dow Jones industrial average over 400 points (over 1%). On Thursday, Trump suspended tariffs on imports covered by the US-Mexico-Kanda Agreement for a month. Still, the Tech Heavy Nasdaq Composite reduced by 483 points (2.6%), while the S&P 500 index fell by […]
Stocks slump on Trump tariff fears, job cuts
The stock market sank after Thursday's opening bell amid growing fears about potential damage that President Trump's new tariffs could weaken the economy. All three major indices began trading at a loss of more than 1% on Thursday and gave up profits from short market rebounds on Wednesday. The Dow Jones industrial average fell by […]
Trump reverses with tariff exemptions
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Ontario will tariff electricity going to 3 US states on Monday, premier says
Ontario Premier Doug Ford said three provinces will face electricity tariffs after President Trump fluctuated trade policies in a week-long swipe in Canada. “I love Americans. It's been 20 years of my life. But with that being said, no, I'm going to put a 25% tariff on electricity coming from Ontario to Michigan, New York […]
Trump signs tariff exemptions for certain imports from Canada, Mexico
On Thursday, President Trump signed a tariff exemption on imports from Canada and Mexico, which are covered by the 2020 North American trade agreement, marking the latest reversal of obligations imposed earlier this week. Under the order, products complying with the US Mexico and Canada Agreement (USMCA) will not be subject to customs duties until […]
Trump, Trudeau tariff call heated, included profanity: report
“Big Money Show” is a co-host deliberating on President Trump's tariff strategy and what it means for the economy and American consumers. The call between President Donald Trump and Canadian Prime Minister Justin Trudeau has intensified and included blasphemy over the 25% tariff imposed by the Trump administration this week, the report said. Wall Street […]
Jack Daniel’s maker says Canada pulling US alcohol off shelves ‘worse than tariff’
Lawson Whiting, CEO of Jack Daniel's maker Brown Forman, said Wednesday that Canada's province was “a disproportionate response” to taxes imposed by the Trump administration, saying it was “worst than tariffs” for the Canadian province to steal American liquor from store shelves. Several Canadian provinces have removed US liquor from store shelves as part of […]
Stellantis aiming for more US manufacturing, thanks Trump for tariff exemption
President Donald Trump has granted a month's tariff exemption to US automakers complying with the US-Mexico-Canada agreement, the White House said Wednesday. Big Three automaker Stellarantis thanked the Trump administration for giving the Trump administration a month's exemption from the 25% tariffs that came into effect this week, saying “we share the president's purpose in […]
Tariff tumult gives Senate GOP whiplash
The ongoing ongoing before and after Trump's tariffs is at the expense of Republican lawmakers. Trump's six weeks at the White House have been a roller coaster in many ways. But tariffs surpass that list as Trump threatened to impose them on numerous US trading partners, delayed their implementation, enacted them, suggested compromises, and opened […]