Trump to increase steel and aluminum tariffs on Canada in response to electricity surcharge
President Trump said Tuesday that his administration will increase planned steel and aluminum tariffs on Canada in response to the electricity surcharge imposed by the Ontario government in the latest escalation of the growing trade war. The Trump administration plans to impose a full 25% tariff on steel and aluminum on Wednesday, but Trump told […]
Senate GOP frets as Wall Street takes dip over tariffs, talk of recession
Senate Republicans expressed new concerns about the economy on Monday after Wall Street had one of the worst days in years of comments from President Trump that did not rule out the potential for a trade war and a recession. Nasdaq Composite had its worst day in three years, finishing with a loss of 4%, […]
White House boasts that tariffs ‘are working’ as companies eye US expansion
The White House said on Monday that President Trump's threatening tariffs on Canada, Mexico and China were “already working” as big companies pledged to boost US manufacturing activities. Several companies in the automotive, technology and apparel industry are debating how to boost US manufacturing by avoiding the enormous 25% tariffs Trump has threatened in Canada […]
Ontario Imposes 25% Tariffs on Electricity Exports to U.S.
Ontario Premier Doug Ford announced that a 25% extra charge will apply to electricity exports to the United States in response to President Donald Trump's planned tariffs in Canada and Mexico. in press release The Prime Minister's office revealed that a 25% tariff on electricity exports to the United States began Monday, affecting around 1.5 […]
Ontario premier says he needs 'to sit down as quickly as possible' with Trump on tariffs
Ontario Premier Doug Ford said Monday that he “needs to sit as soon as possible” with President Trump on tariffs. “We're already seeing inflation happening, but it's not necessary. We don't need to do this. We can have two of the most prosperous countries in the world. Ford told Nichole Berlie of NewsNation. Stock markets […]
DAVID MARCUS: Trump’s Canada tariffs take toll on would-be Conservative Prime Minister Pierre Poilievre
newYou can listen to Fox's news articles! Calgary, Alberta – Calgary's Oil Club is exactly what you expect. A sturdy wealthy man in dark wooden walls, fine decorations, and perhaps a tieless jacket that I can buy the whole town of West Virginia where I live. This is where I meet Gary Ma, a businessman […]
Canada slaps electricity tariffs on New York, Minnesota, Michigan
The Ontario government has applied a 25% extra charge on electricity exports to three US provinces starting Monday in response to US tariffs in Canada. The additional charge will affect the electricity sales of 1.5 million homes and businesses in Michigan, Minnesota and New York, the Ontario government said. In total, it costs up to […]
UAW’s Shawn Fain defends President Trump’s Canada, Mexico tariffs
President Donald Trump is sitting with Maria Baltilomo on “Sunday Morning Futures.” The president of the United Autoworkers (UAW) union said in an interview on Sunday Donald Trump's Canada and Mexico tariffs UAW President Sean Fain has appeared ABC News ''This Week'' He defended controversial tariffs. It prompted retaliation by Canada and Mexico against US […]
China’s retaliatory tariffs on US farm goods kick in, as trade war escalates – business live | Business
As the trade war escalates, China's retaliatory tariffs on US agricultural products begin Another front of Donald Trump's trade war opened this morning. This has led to retaliation charges for China's US imports. The tariffs announced last week aim to approximately $21 billion in agricultural imports from the United States, in response to an additional […]
Trump says Ukraine’s intel pause is nearly lifted; adds tariffs will make US rich
President Donald Trump added that the US should “just” suspend the intelligence news in Ukraine, and that his administration must do whatever it can to make the deal serious about ending the war with Russia. “You know, I say they don't have cards. No one really has cards,” Trump told reporters on a gag in […]