Latest in We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports
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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 -
Trump doesn't rule out recession as trade war stirs uncertainty
As President Donald Trump doubles down on his escalating trade war against some of the country’s biggest economic partners, he is declining to rule out a recession as economic uncertainty grows. ...NBC News - 2d -
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 - 22h -
How One Oyster Business is Navigating Trump’s Tariff Limbo
The on and off 25 percent tariffs on imports from Canada are giving some businesses headaches.Inc. - 2d -
Trump halts plan for 50% steel and aluminium tariffs on Canada
It comes after the Canadian province of Ontario said it would suspend a 25% surcharge on US-bound electricity.BBC News - 22h -
Trump backs down on 50% steel and aluminium tariffs on Canada
U-turn comes after province of Ontario removes surcharge for power exports to the US but 25% levies to still take effectFinancial Times - 1d -
China imposes retaliatory tariffs on Canadian farm and food products
China has announced retaliatory tariffs on some Canadian farm and food imports, after Canada imposed duties in October on Chinese-made electric vehicles and steel and aluminum productsABC News - 4d -
Who Likes Tariffs? Some U.S. Industries Are Eager for Them.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.The New York Times - 2d -
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 -
Local businesses grapple with Trump's tariffs as G7 envoys meet in Canada
DRUMMONDVILLE, Canada — Fury over President Donald Trump’s steel and aluminum tariffs is fueling growing anxiety across Canada — especially in this working-class Quebec city where some 18% of local ...NBC News - 1h -
European Union announces retaliatory tariffs on these popular U.S. goods
The European Union is targeting certain emblematic U.S. goods as a response to President Trump's recent tariffs on aluminum and steel. CBS News' Olivia Rinaldi reports.CBS News - 59m -
‘Economic self-harm’: Australia says it won’t impose reciprocal tariffs on U.S.
Australia said it will not impose reciprocal tariffs on the U.S. after President Trump ruled out exemptions or exceptions for all countries on steel and aluminum tariffs, saying it would only ...NBC News - 11h -
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 - 1d -
The unlikely winners from Trump’s steel tariffs
Measures designed to protect the struggling US steel industry could also help a cohort of global producersFinancial Times - 16h -
Trump’s Unpredictable Tariffs Cloud Europe’s Economic Outlook
The mood at a gathering of central bankers, economists and analysts in Europe was somewhat bewildered, as they assessed the unpredictability of trade policy and geopolitics.The New York Times - 4h -
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 -
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 - 23h -
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 - 2d -
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 -
Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.The New York Times - 7h -
Slotkin slams 'reckless' approach to tariffs: 'I just want a scalpel and not a sledgehammer'
Sen. Elissa Slotkin (D-Mich.) said Sunday that most Democrats don't oppose tariffs altogether, but she criticized President Trump's approach as "reckless." "Most of us aren't against tariffs, full ...The Hill - 3d -
President Trump doesn't rule out a recession amid tariffs against allies
President Trump on Sunday defended his tariffs against some of the United States' allies. However, the continental trade war has rattled global markets and sparked concerns about a possible ...CBS News - 2d -
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 - 22h -
Department of Education slashing nearly 50% of workforce; Steel and aluminum tariffs take effect
The Department of Education says half its workers are losing their jobs in a move that Education Secretary Linda McMahon says is meant to ensure "resources are directed where they matter most." CBS ...CBS News - 8h -
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
Some European car manufacturers may be able to avoid new U.S. tariffs, at least temporarily.CNBC - 2d -
Fetterman on Trump tariffs: We don't have to 'punch' allies 'in the mouth'
Sen. John Fetterman (D-Pa.) said he disagrees with President Trump’s approach to tariffs on Canada and Mexico, calling it a blow to the U.S.'s working relationship with its allies. “Truthfully, I ...The Hill - 7h -
Starmer says he is ‘disappointed’ by US tariffs on UK steel
PM vows to ‘keep all options on table’ after EU hits back against Washington with retaliatory measuresFinancial Times - 7h -
Trouble is brewing for local beer companies as Trump slaps tariffs on aluminum
The math is tight for Thom Cheston.NBC News - 2h -
Markets open down again, Trump announces more tariffs against Canada
Traders on Wall Street hoping to rally back after Monday's major selloff are starting Tuesday with another dip. Meanwhile, President Trump has announced additional tariffs for Canada. CBS News' ...CBS News - 1d -
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 -
Trump finds unexpected ally in auto union leader over tariffs
UAW President Shawn Fain showed support for President Donald Trump's tariffs, which include 25% levies on automobiles and supporting parts.CNBC - 2d -
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
Automakers Volkswagen and Stellantis have confirmed that their vehicles made in North America will be exempt from U.S.NBC News - 2d -
Champagne and Parmigiano under threat from Trump’s tariffs
Producers warn Europe’s finest foods and wine could become unaffordable for ordinary US consumersFinancial Times - 2d -
Trump’s Delay on Mexico and Canada Tariffs Came in Response to Market Revolt
With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.The New York Times - 4d -
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...The Guardian - 3d -
Trump makes new Mexico, Canada tariffs threat as UAW leader backs his policy
Shawn Fain, the president of the United Auto Workers union, is backing President Trump's tariffs strategy. This comes as President Trump says tariffs against Canada and Mexico could rise in the ...CBS News - 2d -
Switzerland told it must do better on climate after older women’s ECHR win
Council of Europe says Swiss government failing to respect human rights court’s ruling on emissions. Europe live – latest updates The Swiss government has been told it must do more to show ...The Guardian - 5d -
Trump Suspends Mexico and Canada Tariffs on USMCA Goods for a Month
Many imports from Canada and Mexico will be exempt from tariffs, as the president quickly reversed a sweeping trade action taken just two days ago after market turmoil.The New York Times - 3d -
Swedish Battery Maker Northvolt Collapses, a Blow to Europe
The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals.The New York Times - 6h -
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