Latest in Canada Retaliatory Tariffs
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Lutnick defends Trump tariffs: ‘This is the way you run the country’
Commerce Sec. Howard Lutnick defended President Trump’s approach to tariffs, saying on Sunday the president is focused on stopping fentanyl from entering the country and is actively engaging with ...The Hill - 18h -
Investors are anxious about Trump’s tariffs. Here’s what financial advisers are telling them to do.
Uncertainty surrounding tariff policy has rattled markets, and volatility is the highest it’s been all year.MarketWatch - 12h -
Trump Declines to Rule Out Recession as Tariffs Begin to Bite
President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”The New York Times - 13h -
Trump economic adviser: US 'launched a drug war, not a trade war' with Mexico, Canada
Kevin Hassett, the Trump administration’s National Economic Council director, said the United States has not launched a trade war with Mexico and Canada but “a drug war.” Hassett joined ABC News’s ...The Hill - 13h -
Trade tariffs are the new normal – and that’s unlikely to be positive for Australia | Sally Auld
US policy changes won’t have a large direct effect on the Australian economy but a global trade war can only be a drag on growth. Get our breaking news email , free app or daily news ...The Guardian - 9h -
Mark Carney to Be the Next Prime Minister of Canada
The prominent central banker and investor was chosen in a crucial leadership race amid threats from President Trump. He is expected to quickly call a federal election.The New York Times - 2h -
Mark Carney to replace Trudeau as Canada’s prime minister
Former central bank head accuses Donald Trump of attacking Canadian workers and familiesFinancial Times - 51m -
Noem aware Mexican, Canadian leaders have own 'political environments,' but Trump 'means business' on tariffs
Department of Homeland Security Secretary Kristi Noem said on Sunday that she knows Mexican and Canadian leaders have their own “political environments” but that President Trump “means business” on ...The Hill - 17h -
‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs
President downplays recent stock market volatility that followed his ducking and weaving over tariff policy. Donald Trump on Sunday refused to rule out the possibility that the US economy will head ...The Guardian - 13h -
Who’s Got Trump’s Ear on Tariffs? Lutnick or Navarro?
Corporate leaders and investors continue to be caught off guard by the president’s trade policy, especially as deal talks heat up.The New York Times - 3d -
A Tariff Tantrum: the Upheaval from Trump’s Trade Policies
Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.The New York Times - 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 - 4h -
China’s Tariffs on U.S. Agricultural Products Take Effect
The action came in response to the higher levies on Chinese imports that President Trump announced last week.The New York Times - 13m -
How Trump’s ‘51st State’ Canada Talk Came to Be Seen as Deadly Serious
President Trump, in an early February call, challenged the border treaty between the two countries and told Justin Trudeau he didn’t like their shared water agreements.The New York Times - 2d -
Canada to choose new leader to face Trump in trade war with US
Former central banker Mark Carney favoured over Chrystia Freeland to replace Justin Trudeau as Liberal party headFinancial Times - 1d -
President Trump Called Out Canada. The Country’s National Hero Stayed Silent.
Wayne Gretzky is known as the “Great One.” But his allegiance to Trump has left many Canadians feeling deeply betrayed.The New York Times - 19h -
Can Mark Carney win an election in Canada and a trade war with the US?
Former central banker has strong economic credentials but is untested politicallyFinancial Times - 10h -
Mark Carney to be next Canada PM after winning Liberal leadership race
Former central banker will be only second prime minister in Canadian history without a seat in parliament. Mark Carney, the former central banker who oversaw the response to financial crises in ...The Guardian - 11h -
Former Bank of England boss Mark Carney to be next Canada PM
The 59-year-old political newcomer wins the race to succeed Justin Trudeau in a landslide victory.BBC News - 6h -
How Britain's former top banker became Canada's next prime minister
The former banker may not have been elected to office before, but his experience managing global economic crises will help.BBC News - 7h -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - 2d -
Trump’s Tariffs by Whim Keep Allies and Markets Off Balance
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.The New York Times - 2d -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - 2d -
US lumber prices slide on Trump’s Canadian tariffs delay
Futures close to record high after US orders investigation into dumping practicesFinancial Times - 22h -
Steve Kornacki: How the economy is responding to Trump’s on-again, off-again tariffs
NBC News National Political Correspondent Steve Kornacki joins Meet the Press to look at how the markets are responding to President Donald Trump’s trade policies.NBC News - 20h -
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 - 33m -
China hits US farm goods with tariffs as trade war escalates
Beijing’s latest measures target $22bn of American agriculture products as well as timberFinancial Times - 50m -
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 - 16h -
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 - 6h -
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 - 4h -
Trump 2.0 is leaving investors 'overwhelmed' — and strategists warn the volatility isn't over
Global markets have seen choppy trade as investors react to the U.S. President’s tariff policies.CNBC - 2d -
Powell Says the Fed Is in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.The New York Times - 2d -
Starting the day with a healthy breakfast is becoming a pricey luxury
The rise in costs comes as consumers signal that they are increasingly tapped out and worried about the impact of potential tariffs on the economy.CNBC - 1d -
Sunday shows preview: House GOP unveils bill to avert shutdown; Trump's tariffs teeter
House Republicans have unveiled a 99-page, six-month stopgap funding bill to avert a government shutdown and increase defense funding while seeking cuts for nondefense programs, which is likely to ...The Hill - 1d -
Japan seeks tariff reprieve after Trump questions long-standing defence pact
Trade minister to pitch ‘win-win’ solutions in Washington as deadline looms for steel and aluminium dutiesFinancial Times - 22h -
Tariffs could deal a blow to Chinatowns that have no choice but to import cultural goods, locals say
In Chinatowns across the country, people worry about the potential damage to business, loss of cultural traditions and the already high rates of poverty in these immigrant communities.NBC News - 21h -
Trump does not rule out recession as he rejects business fears over tariffs
US administration concedes some prices might rise as fears grow of trade chaos causing disruptionFinancial Times - 16h -
China returns fire in Trump’s trade war
Tariff salvo on US agricultural goods, Greenland goes to the polls and investors discover if buying Lego is still funFinancial Times - 15h -
FirstFT: Japan trade minister will try to win exclusions from US tariffs this week
Also in today’s newsletter, Chinese investors are funnelling millions into Elon Musk’s companies and hundreds are killed in SyriaFinancial Times - 11h -
Trump 2nd term live updates: Trump defends tariffs, declines comment on Ukraine aid
President Donald Trump signed an executive order on Friday limiting who is eligible to benefit from the Public Service Loan Forgiveness program.ABC News - 8h