Latest in Wall Street reacts to Trump's tariff flip flopping with Canada
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CNBC Daily Open: The U.S. and Canada skirmish over tariffs, roiling markets
The White House engaged in a brief trade war with Canada on Tuesday over energy surcharges and steel tariffs. Cooler heads prevailed but markets weren't calmed.CNBC - 17h -
Commerce Secretary Lutnick defends Trump's tariffs: "Let the dealmaker make his deals"
Market volatility continued Tuesday with major indexes closing in the red as President Trump negotiates tariffs with Canada. CBS News chief White House correspondent Nancy Cordes sat down with ...CBS News - 18h -
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 administration briefing: education department to be halved as Trump walks back Canada tariffs
Education secretary Linda McMahon describes layoffs as ‘significant step towards restoring greatness’ – key US politics stories from Tuesday at a glance. The US Department of Education intends ...The Guardian - 15h -
Make Canada boring again
Trump seems determined to break the association of Canada with boredom — by wreaking havoc upon one of the world’s most positive bilateral relationships.The Hill - 1d -
Are there benefits to Trump's tariffs?
America's largest primary aluminum producer, Century Aluminum, applauded Trump's reinstatement of a 25% tariff on aluminum imports.The Hill - 6h -
Morning Report — Senate takes up spending bill; Trump backs off on Canada tariffs
In today’s issue: Three days before a government funding deadline, the House on Tuesday narrowly passed a party-line stopgap funding bill that would mostly keep government funding at current ...The Hill - 8h -
Canada hits U.S. with $21 billion of retaliatory tariffs as global trade war heats up
The first shots of President Donald Trump’s global trade war have been fired.NBC News - 4h -
One of Wall Street’s biggest bulls now says a flash crash can’t be ruled out
Ed Yardeni says a bear market for stocks may already be underway, and a “flash crash” can’t be ruled out.MarketWatch - 2d -
Canada’s parochial panic about Trump’s America is ridiculous
Much of the alarmist rhetoric in Canada stems from a fundamental failure to grasp the evolution of U.S. strategic thought.The Hill - 2d -
Stock Market Has Worst Weekly Drop in Months as Tariffs Hang Over Wall St.
Investors are worried about the economy and whether tariffs on America’s largest trading partners will stifle growth.The New York Times - 4d -
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 - 2d -
The U.S. Agreed to Resume Military Aid to Ukraine
Also, Trump walked back a plan to double metal tariffs on Canada. Here’s the latest at the end of Tuesday.The New York Times - 20h -
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 - 20h -
Watch live: Trump addresses business leaders amid economic uncertainty
President Trump will give remarks to a room of business leaders Tuesday evening, as concerns around a possible trade war and the impact of tariffs on the U.S. economy mount. Trump's 25 percent ...The Hill - 1d -
Canada to impose 25% tariffs on nearly $30bn in US imports as trade war flares – live
Canadian foreign minister condemns ‘unjustified’ trade war and condemns ‘Trump’s talks of annexing our country through economic coercion’ . Congressional brinkmanship, including repeated ...The Guardian - 19m -
Trump denies reports of infighting between Cabinet, Elon Musk
President Trump is pushing back against reports of infighting between his Cabinet and Elon Musk. He also appears to be reversing course on tariffs again, with new threats against Canada.CBS News - 4d -
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 - 2d -
There’s only one thing in Mark Carney’s in-tray: Trump
Canada’s incoming prime minister warns the US president’s tariffs threaten the ‘greatest crisis of our generation’. When Mark Carney becomes Canada’s prime minister later this week, a list of ...The Guardian - 2d -
Eye Opener: Markets plummet over recession fears
Markets plummet over recession fears amid President Trump's chaotic tariff wars with our biggest trading partners. Also, a judge blocks the Trump administration's deportation of a pro-Palestinian ...CBS News - 1d -
Canada prepares to select new leader
On Sunday, Canada will move one step closer to finding its next prime minister when the governing Liberal Party holds a leadership vote to replace Justin Trudeau. The move comes as President Trump ...CBS News - 4d -
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 -
What Trump wants from Zelenskyy and Canada's new leader: Morning Rundown
Trump wants Zelenskyy to change his attitude. Who is Amy Gleason, the new DOGE administrator? DHS performs polygraph test on staff. Canada's new PM Mark Carney.NBC News - 2d -
Starmer says 'all options on table' on US tariffs
Canada and the EU have announced retaliatory tariffs but UK will take a "pragmatic" approach, the prime minister said.BBC News - 14m -
Trump doubles down on a trade war with Canada. Here’s where the U.S. gets its steel and aluminum.
President Donald Trump escalated his trade war against Canada, imposing new duties on steel and aluminum.MarketWatch - 1d -
What are tariffs and why is Trump using them?
Tariffs are a central part of Trump's political vision, but economists fear they could spark a trade war.BBC News - 6h -
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 -
Trade partners impose new tariffs on U.S.
Both Canada and China launched new tariffs on the U.S. today in the escalating international trade war. Canada targeted energy exports and China’s focus is on agricultural goods. NBC News’ Kelly ...NBC News - 1d -
Rubio says Canada takeover won't be on G7 agenda
Secretary of State Marco Rubio said that talk around the U.S. acquiring Canada will not be a topic of discussion when the G7 nations meet later this year in Quebec. Asked about President Trump's ...The Hill - 46m -
China hits Canada with retaliatory tariffs on agricultural products
Beijing accuses Ottawa of ‘discriminatory’ levies on electric vehiclesFinancial Times - 4d -
How Trump's threats have revived Canada's Liberal Party
Justin Trudeau's party was headed for near-certain defeat - until the US president said he wanted to make Canada the 51st state.BBC News - 3d -
Canadians drop their politeness in the wake of Trump's tariffs
President Donald Trump’s tariffs on Canadian goods are eroding the inherent politeness of Americans’ northern neighbors and rallying them around their own flag.NBC News - 4d -
Out of the lab and into the streets, researchers and doctors rally for science against Trump cuts
Researchers, doctors, their patients and supporters are venturing out of labs, hospitals and offices across the country to stand up to what they call an attack on life-saving science by the Trump ...ABC News - 5d -
Republicans worry Trump's tariffs could harm economy
Republican lawmakers are growing alarmed over signs that President Trump’s expanding trade war is hurting the economy, something they’re hearing from constituents at home who are struggling to ...The Hill - 2d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - 4d -
Jim Cramer explains what Apple investors should do with the sinking stock
Shares dropped over 5% after Wall Street analysts revised down iPhone sales estimates.CNBC - 2d -
Market alarms are flashing, and Citi’s latest downgrade adds fuel to the fire
Like other Wall Street banks, Citigroup is worried about the state of the U.S. economy, and recommend putting money elsewhere. For now.MarketWatch - 1d -
Investors buoyed by signs of cooling U.S. inflation
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.CBS News - 3h -
White House says Canada would 'benefit greatly' from becoming 51st state
White House press secretary Karoline Leavitt told reporters that Canada would "benefit greatly" from becoming the 51st state as tensions continue over tariffs.NBC News - 1d -
Canada's next prime minister managed the financial crisis, then Brexit and now Trump's trade war
Canada’s next prime minister has helped run two Group of Seven economies in crisis before and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a ...ABC News - 2d