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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 - 11h -
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 - 12h -
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 - 14h -
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. - 15h -
Here are the products and companies most at risk from Trump's tariff plans
President-elect Donald Trump's proposed tariffs on China, Mexico and Canada threaten to raise prices for toys, cars, shoes, french fries, furniture and beer.CNBC - 17h -
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 - 1d -
‘So Much Uncertainty’: Businesses Worry About Trump’s Many Tariff Plans
The incoming president has floated numerous tariff plans. Retailers say their livelihood could depend on which ultimately come to fruition.The New York Times - 2d -
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 - 12h -
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 - 12h -
Oil ends lower as Trump’s output and tariffs plans fuel supply uncertainty
Oil futures ended lower on Tuesday as traders weighed prospects for crude supplies after President Donald Trump vowed to boost already record U.S. crude output, threatened to implement a steep ...MarketWatch - 13h -
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 - 17h -
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 - 17h -
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 - 18h -
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 - 1d -
EU gears up for tariffs and Ukraine peace plans on Trump’s first day
Also in this newsletter: How criminals are circumventing the crackdown on cocaine smuggling in AntwerpFinancial Times - 2d -
Deportations, tariffs, pardons: what Trump has planned for day one
The incoming president is ready to sign a slew of executive orders on day one of his second term. Here’s what’s planned. In the grand theatre of American politics, presidential inaugurations ...The Guardian - 2d -
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 - 3d -
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 - 4d -
Trump’s tariff plans could be harming his ‘animal spirit’ investors
The big unknown is how far Trump is prepared to go to win a trade war before it winds up crushing animal spirits.The Hill - 4d -
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 - 5d -
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 - 5d -
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 - 5d -
'Nothing off the table' in Canada's response to US tariff threat
Canada will have a "robust" response if Donald Trump imposes tariffs on its goods, but Canadian leaders are split over energy as a bargaining chip.BBC News - 6d -
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 - 6d -
Trump Plans to Create an ‘External Revenue Service’ to Collect Tariffs
Despite vows to shrink the federal government, the President-elect wants to create a new agency for these taxes, even though the Commerce Department and the Customs and Border Patrol now handle ...Inc. - 6d -
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 -
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 -
Under Shadow of Planned Tariffs, Auto Suppliers Rethink Production Plans
From the sidelines of CES 2025, global car parts suppliers ponder the consequences of Trump’s threatened import duties.Inc. - Jan. 9 -
Lawmaker lauds Trump's expansion plan: Panama, Greenland, Canada 'should be honored’
Rep. Brandon Gill (R-Texas) says Canada, Panama and Greenland should be "honored" by President-elect Trump's ambitions to make them part of the United States. "I think that the people of Panama, I ...The Hill - Jan. 9 -
Canada Suddenly Has No Leader, and No Plan, for a Trump Trade Fight
The united front that Canada presented in President-elect Donald Trump’s first term is fractured and distracted after Prime Minister Justin Trudeau’s resignation.The Wall Street Journal - Jan. 8 -
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 -
Donald Trump denies he will pare back aggressive tariffs plan
Washington Post report said aides were aiming to target only critical imports but president-elect calls it ‘fake news’. President-elect Donald Trump on Monday denied a newspaper report that said ...The Guardian - Jan. 6 -
Trump reportedly considering important alteration to tariff plans
President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact.CNBC - Jan. 6 -
Justin Trudeau announces plan to quit as Canada’s prime minister
Trudeau says he will bring an end to his nearly 10-year spell in power once his Liberal party has found a new leader. Justin Trudeau has said he will step down as Canada’s prime minister after ...The Guardian - Jan. 6 -
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - Jan. 6 -
Dollar drops on reports Trump will scale back tariff plans
Shares in European carmakers rally on hopes new US administration targets only critical importsFinancial Times - Jan. 6 -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - Jan. 6