Dollar hits four-month low as Trump warns tariffs will cause ‘a little disturbance’, European shares rally after German debt brake deal – business live | Business
Lindt moving some chocolate production from US over Canada’s tariffs
Swiss chocolate giant Lindt & Spruengli said that some of the production will be moved from the US to Europe to avoid retaliation tariffs from Canada, one of the largest markets. President Trump's strict 25% tariffs in Canada and Mexico, as well as 20% collection in China, came into effect in the middle of the […]
Mullin hits 'governor' Trudeau while defending tariffs against Canada
Sen. Mark Wayne Marin (R-Okla.) on Tuesday called Canadian Prime Minister Justin Trudeau “governor,” and the senator defended President Trump's tariffs on his north neighbours. In an interview with CNN's “arena,” Marin suggested that tariffs are needed to stop “the flow of illegal activities across the southern border.” “We want to have Gov. Trudeau work […]
Trump threatens increased tariffs if Canada retaliates
President Trump on Tuesday threatened to add additional taxes to Canada if US neighbours Canada retaliated on their own after Canadian Prime Minister Justin Trudeau condemned Trump's newly implemented tariffs. “Explain to Canadian Governor Trudeau that if he places a retaliation fee on the US, our mutual tariffs will soon increase as well!” Trump said. […]
Tariffs Are Absorbed by U.S. Retailers, Not Consumers
History tells us who pays for customs hikes President Trump's new Along with a 25% tariff on Mexican and Canadian goods and a 10% tariff on Chinese importssent the market on Wild Ride on Tuesday. Stocks began the day with a sharp drop and then an impressive recovery, but ended the session close to the […]
Target, Best Buy warn of higher prices over Trump tariffs
Target and Best Buy warned Tuesday that shoppers should expect to exceed the prices of certain items as Trump's tariffs on Mexico, Canada and China come into effect and those countries take retaliatory action. At Target's annual investors meeting on Tuesday, CEO Brian Cornell told reporters that consumers will see prices rise for avocados and […]
Stock futures rise after Commerce Secretary Lutnick suggests possible compromise on Trump tariffs: Live updates – CNBC
The trader works on the floor of the New York Stock Exchange in the financial district of New York City on March 4, 2025. Timothy A. Clary | AFP | Getty Images US stock futures rose Tuesday night after three major averages suffered sharp losses in their second session. Futures linked to the Dow Jones […]
Trump tariffs could raise US fuel prices
President Trump's tariffs in Mexico and Canada can raise energy prices for US consumers. On Tuesday, tariffs were enforced on both American neighbours. The broader tariffs included 10% collection of Canadian energy and 25% collection of Mexican energy. The US imports more oil from Canada than any other country, with some US regions particularly relying […]
Ontario halts US alcohol sales as Trump tariffs take hold
The bottles of liquor have pop out of Canadian shelves, but not because they are for sale. The Ontario Liquor Commission says It is pulling the American-made spirit in response to the escalating tariff feud between the US and Canada. “As part of Ontario's response to U.S. tariffs, the Ontario government has directed the LCBO […]
Tariffs to spike prices on produce, electronics, gas and toys — with some hikes this week
Shoppers can expect to see higher prices at the checkout counter for products ranging from avocados to computers to tonka trucks. Target CEO Brian Cornell was one of the first to raise the alarm after the Trump administration on Tuesday placed a 25% job on Canadian and Mexican products, doubling China's toll to 20%. Cornell […]