Latest in U.S. booze stocks tumble as Canada prepares to retaliate against Trump tariffs
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China stocks and renminbi hit by Trump’s 10% tariff threat
Benchmark Hong Kong share index down 1.8% after trade shot at BeijingFinancial Times - Jan. 22 -
Trump Pushes for Early Renegotiation of U.S. Trade Deal With Mexico, Canada
President Trump is using the threat of stiff tariffs on goods from Canada and Mexico to pressure the two nations to start renegotiating a continental trade deal.The Wall Street Journal - Jan. 21 -
Automakers Brace for Impact of Trump Tariff Plan for Canada and Mexico
North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.The New York Times - Jan. 21 -
Wall Street shrugs off Trump after he vows Mexico and Canada tariffs
S&P 500 and Nasdaq Composite largely unmoved as it opened for trading for first time after inauguration. Financial markets largely shrugged after Donald Trump outlined plans to impose punitive ...The Guardian - Jan. 21 -
Trump threatens steep tariffs against Canada and Mexico
President Trump opted against deploying a blanket tariff against U.S. trading partners, but kept the heat on Canada and Mexico.CBS News - Jan. 21 -
How Trump’s Tariffs Could Affect the U.S., Canada and Mexico
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.The New York Times - Jan. 21 -
From tariffs to energy to AI: What Trump's busy return to the White House means for our stocks
The batch of executive orders and commentary have implications for Coterra Energy, Meta Platforms and more Club stocks.CNBC - Jan. 21 -
The U.S. dollar slumps as Trump 2.0 kicks off with no immediate tariffs
Why President Donald Trump’s Inauguration Day led to a weakening of the U.S. dollar, according to BofA.MarketWatch - Jan. 21 -
Trudeau says Canada will respond to US tariffs as Ontario's premier says Trump 'declared war'
Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are confident Canada can avoid the 25% tariffs President Donald Trump says he will impose on Canada and ...ABC News - Jan. 21 -
Canada Readies Response to Trump’s Feb. 1 Tariff Plan
As the President wields the threat of import duties, Canadian Foreign Minister Mélanie Joly said the country is working to avoid tariffs, but is also ‘working on retaliation.’Inc. - Jan. 21 -
Trump threatens 25% tariff within days for Mexico and Canada
Barrage of executive orders resets domestic and foreign policy as new president promises ‘golden age’ for USFinancial Times - Jan. 21 -
Trump says he's thinking of imposing 25% tariffs on Canada and Mexico in February
The remarks were made to members of the press as the newly minted chief executive offered a slew of executive orders.CNBC - Jan. 21 -
Canada avoids Trump's tariffs - for now
President Donald Trump stopped short of imposing tariffs on Canada on day one but said they may come as soon as 1 February.BBC News - Jan. 21 -
European stocks open mixed as Trump 2.0 kicks off; Energy firm Orsted drops 15% on U.S. impairment
European stocks are expected to open slightly higher Tuesday as traders digested the first executive orders signed by newly inaugurated President Donald Trump.CNBC - Jan. 21 -
Stocks set to rise, dollar falls as Trump holds back on tariff ‘shock and awe’
Bitcoin, which soared to a record above $109,000 early Monday, was also pulling back.MarketWatch - Jan. 21 -
Trump Promises Tariffs on Canada and Mexico, and Paves Way for Further Trade Action
The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.The New York Times - Jan. 21 -
Trump threatens 25 percent tariffs on Mexico and Canada starting Feb. 1
President Trump on Monday indicated his administration would impose 25 percent tariffs on imports from Mexico and Canada beginning Feb. 1. “We are thinking in terms of 25 percent on Mexico and ...The Hill - Jan. 21 -
How Mexico Is Preparing for Tariffs Negotiations With Trump
President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too.The New York Times - Jan. 20 -
Thousands protest in Washington against Trump as he prepares for inauguration
The march took place ahead of Trump's arrival to the nation's capital as he prepares to be sworn in on Monday.BBC News - Jan. 19 -
When the U.S. Hit Canada With Steep Tariffs Before, Canada Had a Plan B
But economic, political and technological changes have left Canada with few ways to handle trade restrictions now.The New York Times - Jan. 18 -
Canada Prepares for Trump Tariff Threat With Three-Stage Plan
Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.The New York Times - Jan. 18 -
Trump tariff threats fuel frontloading of trade shipments into U.S., led by China
Companies are expediting cargo shipments into the U.S. ahead of new tariffs from President-elect Trump, with Chinese trade the biggest on the move.CNBC - Jan. 17 -
Canada sends Trump 'message' with retaliatory tariff talk
Canada must send a “message” to President-elect Trump on tariffs, one of the country's provincial leaders said Wednesday alongside Prime Minister Justin Trudeau, who described the threatened levies ...The Hill - Jan. 16 -
Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief
President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.CNBC - Jan. 16 -
The Tech Industry Is Preparing for Trump 2.0 by Not Preparing
Big tech helped Trump win the election, but will small-medium tech reap the benefits?Inc. - Jan. 16 -
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.The New York Times - Jan. 16 -
Canada warns of ‘tit-for-tat’ tariffs on US if Trump imposes levies
Ottawa’s energy minister calls trade tensions a ‘distraction’ from China’s rising economic and military powerFinancial Times - Jan. 15 -
TikTok Prepares for U.S. Shutdown From Sunday
Unless the nation’s highest court grants a reprieve, the popular social video platform will wind down on Jan. 19.Inc. - Jan. 15 -
People bought cheaper jewelry as holiday gifts, and Signet’s stock is tumbling
Kay Jewelers, Zales parent cut its sales outlook as more customers bought discounted jewelry for Christmas than expected.MarketWatch - Jan. 14 -
Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints
Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.MarketWatch - Jan. 13 -
Canada’s Trudeau Cautions U.S. Consumers to Consider Harms of Trump’s Tariff Threats
Dismissing the president’s bluster about a 51st state, the departing leader urged Americans to think about the impact of high prices that will accompany new import taxes.Inc. - Jan. 13 -
Americans stocking up on foreign goods before Trump tariffs: ‘a sense of urgency’
As inauguration day approaches, consumers scooping up iPads, building supplies, shelf-stable foods and electric cars. Tablets and appliances made in China, hybrid cars built in Canada, European ...The Guardian - Jan. 11 -
Ontario leader warns of ‘pain’ for US if Trump imposes tariffs on Canada
Premier of most populous province says rhetoric clouds trade relationship worth hundreds of billions of dollars. The United States will “feel pain” if Donald Trump doesn’t back down from his ...The Guardian - Jan. 10 -
Trudeau: Trump threatened to annex Canada to distract from tariffs impact
Canadian PM says ‘skilful negotiator’ Trump is trying to distract from rise in prices that would follow his proposed tariffs. The Canadian prime minister, Justin Trudeau , has described Donald ...The Guardian - Jan. 9 -
European wind stocks tumble after Trump says he will stop new turbine construction
The president-elect went on a lengthy attack against wind turbines during a news conference.CNBC - Jan. 8 -
Trump's annexation talk extends a long U.S. tradition of political miscalculation about Canada
President-elect Donald Trump’s repeated assertions that he wants Canada to join the United States have become a staple of his presidential transition.NBC News - Jan. 7 -
Kinzinger says he doesn't want pardon to shield against possible Trump retaliation
Former Rep. Adam Kinzinger (R-Ill.) says he does not want a preemptive pardon from President Biden to shield him from possible retaliation by President-elect Trump for his participation on the ...The Hill - Jan. 7 -
Trump's trolling and tariffs sped up Justin Trudeau's demise. How will Canada handle Trump now?
Canadians woke up Tuesday to an uncertain future, after Prime Minister Justin Trudeau said he would resign and bring his near-decade in power to an end.NBC News - Jan. 7 -
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...The Hill - Jan. 6