Latest in Ontario's Doug Ford warns of 'Trump recession,' threatens electrical shutoff to U.S.
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Ontario's Doug Ford warns of 'Trump recession,' threatens electrical shutoff to U.S.
Trump said that if Canada cuts off electricity exports to the United States as part of the ongoing trade war "they will pay a financial price for this."CNBC - 1d -
Ontario Premier Doug Ford talks tariffs on Canadian energy
Ontario Premier Doug Ford spoke with NBC News' Tom Llamas about his decision to impose a 25% tariff on Canadian electricity exports to three U.S. states in response to U.S. President Donald Trump's ...NBC News - 1d -
Ontario's Premier Doug Ford moving ahead with tariffs on the U.S.
Ontario Premier Doug Ford will start tariffs directed at the United States on Monday, unless President Trump's threat of a trade war with Canada comes to an end.CBS News - 3d -
Ontario slaps 25% increase on electricity exports to the U.S. in response to Trump's trade war
Ontario is charging 25% more for electricity to 1.5 million Americans in response to U.S. President Donald Trump’s trade war, the province's premier, Doug Ford, said.NBC News - 2d -
Ontario is tacking on a 25% surcharge to electricity sent to the U.S.
Ontario Premier Doug Ford said a 25% surcharge on electricity sent to Michigan, Minnesota and New York, will be effective on March 10.CBS News - 1d -
U.S. makes concession, dropping additional 25 percent tariff on steel & aluminum: Ontario premier
Ontario Premier Doug Ford joins Meet the Press NOW to discuss his decisions to lift the 25% surcharge on electricity exports after speaking with Commerce Secretary Howard Lutnick. It comes after ...NBC News - 20h -
Canada backs down from 25% electricity surcharge after Trump threats
Ontario Premier Doug Ford said Tuesday he had agreed to suspend a 25% surcharge on electricity imports into the United States after having conversed with U.S.NBC News - 1d -
Ontario agrees to suspend electricity surcharge ahead of talks with US
The government of Ontario on Tuesday backed off its threat to impose a surcharge on electricity to three U.S. states amid broader trade talks. In a joint statement from Ontario Premier Doug Ford ...The Hill - 21h -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 1d -
Doug Ford on additional Trump tariffs: Canadians will 'not back down'
Ontario Premier Doug Ford fired back at President Trump following his latest vow to double tariffs on steel and aluminum, saying during an interview that Canada will “not back down” and called on ...The Hill - 1d -
Trump raises Canada tariffs to 50% after Ontario threatens electricity surcharge
President Donald Trump said he will double the tariffs imposed on steel and aluminum imported from Canada after the province of Ontario announced surcharges on electricity going into New York, ...NBC News - 1d -
Ontario sets 25% surcharge on energy exports to US to counter Trump tariffs
Premier Doug Ford says province ‘won’t back down’ until US president retracts duties on Canada. The Canadian province of Ontario is imposing a 25% surcharge on electricity exports to the states ...The Guardian - 1d -
Ontario's Ford suspends U.S. electric surcharge after Lutnick agrees to trade talks
President Donald Trump has said he will impose a 25% tariff on goods imported from Canada beginning April 2.CNBC - 18h -
Trump Pulls Back Plans to Double Canadian Metal Tariffs After Ontario Relents
The president had threatened to hit Canadian metals with 50 percent tariffs but opted not to go ahead after Ontario lifted a charge on U.S. electricity.The New York Times - 16h -
Here are the U.S. states that get electricity from Ontario, as Trump’s trade war gets new twist
The latest skirmish in U.S. President Donald Trump’s trade war is highlighting how the Canadian province of Ontario provides electricity to some American homes and businesses.MarketWatch - 20h -
What does Ontario's electricity surcharge mean for New York?
A 25% surcharge on electricity from Ontario, Canada, took effect in three U.S. states on Monday in response to planned tariffs from the Trump administration. New York is the nation's biggest ...CBS News - 1d -
GOP lawmaker on Ontario electricity surcharge: 'It's only going to help Trump'
House Majority Whip Tom Emmer (R-Minn.) said Monday that Ontario’s 25-percent surcharge on electricity exports to his state — announced in response to President Trump’s tariffs on Canada — will ...The Hill - 1d -
Commerce secretary says Trump's policies are "worth it" even if they lead to recession
President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard ...CBS News - 17h -
Trump on recession chances: ‘I don’t see it at all’
Canada canceled its planned surcharges on electricity to the U.S. after President Trump threatened to double his planned tariffs on Canadian steel and aluminum. Capping a wild day on Wall Street, ...NBC News - 17h -
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 down as quickly as possible" with President Trump regarding tariffs. ‘We're seeing inflation happening already, and it's unnecessary. We ...The Hill - 1d -
Trump on Canadian electricity surcharge: 'We'll just get it all back on April 2'
President Trump seemingly brushed off the recent electricity surcharge placed on the U.S. by Ontario, accusing Canada of being a tariff "abuser" and claiming the U.S. would get the money back when ...The Hill - 1d -
Behind Trump's latest comments on a U.S. recession
President Trump seems confident that his tariffs will reap great rewards for the U.S., but he is not ruling out the possibility of a recession. CBS News' Weijia Jiang reports.CBS News - 1d -
Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet
Economists say Trump is proving to be an "agent of chaos" with his unpredictable trade tariff policies but a downturn isn't in the cards just yet.CNBC - 2d -
Recession fears escalate across U.S.
U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's ...CBS News - 1d -
Canada slaps electricity tariffs on New York, Minnesota, Michigan
The government of Ontario is applying a 25 percent surcharge starting Monday on electricity exports to three U.S. states in response to U.S. tariffs on Canada. This surcharge will affect ...The Hill - 2d -
Trump to increase steel and aluminum tariffs on Canada in response to electricity surcharge
President Trump on Tuesday said his administration will increase planned steel and aluminum tariffs against Canada in response to an electricity surcharge the Ontario government imposed in the ...The Hill - 1d -
Latest news on Trump's trade war with Canada, shock in stock markets
President Trump's trade war with Canada is growing after Ontario's premier announced on a tax on electricity bound for the U.S. This comes as the stock markets are reacting negatively to Mr. ...CBS News - 22h -
U.S. stocks plunge as Americans worry about a recession | Special Report
Stocks in the U.S. cratered as investors fret about a potential recession and the changing tariffs that have evolved into a trade war with several nations. President Trump declined to refute the ...CBS News - 1d -
Trump announces more tariffs on Canada's steel, aluminum as stocks continue stumbling
President Trump announced more tariffs on Canada's steel and aluminum after Ontario announced a tax on electricity for the U.S. CBS Moneywatch correspondent Kelly O'Grady reports and CBS News' Fin ...CBS News - 23h -
Wall Street Journal warns there could be a coming 'Trump recession'
The editorial board of the Wall Street Journal is predicting that a full blown economic recession could be coming after a rough day for investors on Monday. "Stock prices have been richly valued ...The Hill - 1d -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - 20h -
Ontario says it will slap a 25% surcharge on US-bound electricity
The move is in retaliation to Trump's tariff threats on Canada, and is expected to raise energy costs for 1.5 million US homes.BBC News - 1d -
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats
Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...The Hill - 17h -
Stocks slide as Trump warns of US economy 'transition'
Investors are nervous about the possibility of a US recession, say experts.BBC News - 1d -
U.S. stocks plunge after Trump's comments on potential recession sparks sell-off
Fears of a recession sparked a major sell-off in stocks, following comments from President Trump. In an interview with Fox News, Mr. Trump would not rule out the possibility of a recession. Kelly ...CBS News - 1d -
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - 2d -
Stocks are falling as Trump comments on risks of a recession
Stocks are still tumbling as President Trump leaves the door open for a potential recession in the U.S. economy, and as other nations unleash retaliatory tariffs. This comes as the United Auto ...CBS News - 1d -
Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance
The stiff tariffs President Trump briefly imposed on Mexico and Canada this week could have pushed those allies into recession. The impact for America would be messy.The New York Times - 5d -
How the Immigration Crackdown Threatens Elderly Care
The U.S. relies heavily on immigrant workers to care for its aging population, with nearly 30 percent of direct care workers coming from other countries. As the demand for caregivers grows, ...The New York Times - 3d -
Trump doesn't rule out possibility of recession, Chinese retaliatory tariffs go into effect
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. ...CBS News - 2d