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Trump tariffs on steel and aluminum come into effect amid US-Canada trade war
European Commission announces countermeasures after sweeping US levies of 25% come into force without any exemptions. Donald Trump’s tariffs on steel and aluminum imports took effect on Wednesday ...The Guardian - 15h -
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 - 10h -
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 - 7h -
Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.
Alberta Premier Danielle Smith said the oil-producing region could look beyond the U.S. for customers if Trump's tariff threats create uncertainty.CNBC - 19m -
Recession Risks Rise Over Tariff Chaos, Polls Find
U.S. inflation risks have worsened, while recession risks are also mounting for Mexico, Canada and the U.S., the surveys found.Inc. - 5d -
Transcript: Homeland Security Secretary Kristi Noem on "Face the Nation with Margaret Brennan," March 9, 2025
The following is the transcript of an interview with Kirsten Hillman, U.S. ambassador to Canada, that aired on "Face the Nation with Margaret Brennan" on March 9, 2025.CBS News - 3d -
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 -
Carney talks tough on Trump threat - but can he reset relations?
Canada's next PM, who described the US as a "country we can no longer trust", will need to work with the US president.BBC News - 2d -
This Is Who Loses in a Trade War
Europe, not Canada, Mexico or China, is most vulnerable to the fallout from Donald Trump’s mercantilist policies.The New York Times - 2d -
Watch: Key moments in Mark Carney's road to becoming prime minister
Mark Carney has won the race to succeed Justin Trudeau as Canada's prime minister and Liberal Party leader.BBC News - 2d -
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 -
Trade Wars - The return of Mark Carney
New Prime Minister of Canada vows to win trade war against President Trump.BBC News - 2d -
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 -
Mar 11: CBS News 24/7, 1pm ET
China and Canada impose retaliatory tariffs on U.S. goods; Transgender Army major sees support from peers.CBS News - 1d -
Wall Street slide pulls S&P 500 into correction territory
Donald Trump’s latest trade broadside against Canada sparks renewed declines in volatile sessionFinancial Times - 1d -
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 - 23h -
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 -
3/11: CBS Evening News Plus
Wall Street reacts to Trump's tariff flip-flopping with Canada; Reporter's Notebook: "Animal spirits" and the stock marketCBS News - 15h -
'Tariffs break trust': How Trump's trade policy is putting pressure on U.S. farmers
American farmers could ultimately feel even more pain as a result of President Donald Trump's tariffs on Canada, Mexico and China.CNBC - 8h -
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 - 2h -
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 -
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 -
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 - 4d -
Trump will not impose 50% Canadian steel, aluminum tariffs tomorrow, says top trade advisor
President Donald Trump also declared that if Canada does not lift other tariffs on the U.S., he will "substantially increase" auto import tariffs next month.CNBC - 23h -
Trump Tariffs and Trade Wars Leave Investors, Once Optimistic, Feeling Apprehensive
On Tuesday, President Trump sent markets into another tailspin by announcing additional tariffs on Canada, suggesting a falling stock market is no longer the bulwark investors had hoped.The New York Times - 2h -
Will Canadians Warm Up to Mark Carney, the Liberal Party Front-Runner Eyeing Trudeau’s Job?
Mark Carney has pitched himself as the fix-it man who can set Canada back on track. As he seeks to lead the Liberal Party, the country’s biggest challenge may be President Trump.The New York Times - 5d -
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 -
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 -
Canadians show their displeasure with President Trump
President Trump took aim at dairy and lumber imports from Canada, but the U.S.'s northern neighbor is fighting back. Ed O'Keefe reports on the latest in the tumultuous trade war.CBS News - 3d -
What to know about Mark Carney, elected next Canadian prime minister
Mark Carney, a former central banker, won his Liberal Party's election in a landslide Sunday and will replace Justin Trudeau as prime minister of Canada. He will be sworn into office in the coming ...The Hill - 2d -
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 -
Rubio Seeks Cease-Fire in Ukraine After Reaching His Own With Musk
After blowing up at Elon Musk, Secretary of State Marco Rubio aims to bolster his position. He is seeing Saudi and Ukrainian officials in Saudi Arabia and allied diplomats in Canada.The New York Times - 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, Ontario ease tariff threats
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump nixes plans for tariffs on Canadian steel President Trump scrapped plans ...The Hill - 22h -
Mar 12: CBS News 24/7, 1pm ET
Trump's 25% tariffs on steel and aluminum take effect, prompting EU and Canada to retaliate; NASA set to bring astronauts home after eight-day mission turned into nine months.CBS News - 24m -
Trump addresses economy concerns amid shifting policy on tariffs
President Donald Trump addressed concerns around the economy after a volatile week on Wall Street. It comes as Trump imposed tariffs on Canada and Mexico only to change course and pause some ...NBC News - 4d -
Eye Opener: President Trump declines to rule out possible recession
President Trump doesn't rule out a possible recession while Canada's new prime minister talks tough on the trade war with the U.S. Also, House Republicans unveiled a plan to prevent a government ...CBS News - 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 -
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 - 2d -
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