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 jobs are linked to the U.S.

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Rubio says Canada takeover won't be on G7 agenda

Secretary of State Marco Rubio said that talk about the U.S. acquiring Canada will not be a topic of discussion when the Group of Seven (G7) nations meet in Quebec. Asked about President Trump's ...
The Hill - 19h
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. - 3d
Trump meets with CEOs at Business Roundtable as market sell-off continues

Trump, a major proponent of tariffs, told the room full of business leaders that the duties he has already imposed are having a "tremendously positive impact."
CNBC - 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 - 1d
Trump floats 250% tariff on dairy from Canada

Jerome Powell's remarks came as Trump threatened new tariffs on Canada.
ABC News - 5d
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
Trump downplays recession fears as Canada hits U.S. with retaliatory tariffs

NBC News Correspondents Aaron Gilchrist, Gabe Gutierrez and Brian Cheung and Elise Labott of the Council of Foreign Relations join Meet the Press NOW to discuss the escalating trade war between the ...
NBC News - 16h
Trump pledges to match EU and Canada's retaliatory tariffs

Trump repeated trade threats after the European Union and Canada retaliated to US steel and aluminium tariffs.
BBC News - 15h
Trump tariffs of 25% on steel and aluminium come into effect globally as Europe says it will retaliate – business live

Brussels countermeasures to target €26bn of US goods from April while UK takes ‘pragmatic’ approach; US tariffs cover wide range of household goods such as tin foil. Full story: Trump tariffs on ...
The Guardian - 22h
Europe, Canada retaliate as Trump tariffs on metals take effect

Ursula von der Leyen, president of the European Commission, said in a statement that the EU "must act to protect consumers and business."
ABC News - 21h
China Hits Canada With Tariffs in Indirect Riposte to Trump

Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.
The New York Times - 5d
Canada will level $20B in tariffs in response to Trump moves on steel, aluminum

Canada is expected to impose $20.7 billion in retaliatory tariffs after President Trump decided to enforce a 25 percent tariff on steel and aluminum, which went into effect Wednesday. ...
The Hill - 22h
Trump threatens additional tariffs against European Union, Canada

President Trump is considering additional tariffs against the European Union and Canada after both announced retaliatory tariffs on the U.S. CBS News correspondent Natalie Brand reports.
CBS News - 35m
Trump to increase steel and aluminum tariffs on Canada in response to electricity surcharge

President Trump on Tuesday said his administration will increase planned steel and aluminum tariffs against Canada in response to an electricity surcharge the Ontario government imposed in the ...
The Hill - 1d
Tariffs could impact longstanding electricity trade between US and Canada

The tariffs the Trump administration is imposing on Canada could disrupt the longstanding trade of electricity between the two countries.
ABC News - 1d
Europe and Canada retaliate against Trump’s steel and aluminum tariffs

President Trump touted better-than-expected inflation numbers Wednesday, as the trade war is escalating. Canada and the European Union announced new tariffs on U.S. goods after Trump’s sweeping ...
NBC News - 14h
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 announces more tariffs on Canada's steel, aluminum as stocks continue stumbling

President Trump announced more tariffs on Canada's steel and aluminum after Ontario announced a tax on electricity for the U.S. CBS Moneywatch correspondent Kelly O'Grady reports and CBS News' Fin ...
CBS News - 1d
Trump’s Tariffs and the Backlash From Canada and Other Countries, Explained

After a fresh wave of tariffs from the United States, Canada and the European Union said they would impose billions in levies on U.S. goods.
The New York Times - 17h
S&P 500 gets closer to correction territory Tuesday as investors grapple with Trump tariff fears

The U.S. stock market is struggling with soured sentiment over President Donald Trump’s tariffs, with the S&P 500 attempting to rebound from a big slump that left it near correction territory.
MarketWatch - 1d
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
C.E.O.s Will Meet With Trump Amid Fears About Tariffs’ Fallout

The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.
The New York Times - 2d
Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods

Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.
CNBC - 17h
Canada’s designated PM Mark Carney meets Trudeau as Trump threat looms

Former central banker won landslide victory in Liberal party race as trade war with US hastens transfer of power. Canada ’s incoming prime minister, Mark Carney, has met with Justin Trudeau as ...
The Guardian - 2d
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 - 3d
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
Trump raises Canada tariffs to 50% after Ontario threatens electricity surcharge

President Donald Trump said he will double the tariffs imposed on steel and aluminum imported from Canada after the province of Ontario announced surcharges on electricity going into New York, ...
NBC News - 1d
Trump's Canada, Mexico tariffs try to 'stop the bleeding' in US economy: UAW chief

President Donald Trump's tariffs on Canada and Mexico "are an attempt to stop the bleeding" in the U.S. economy, United Auto Workers President Shawn Fain said.
ABC News - 3d
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 - 4d
Trump rejects pleas from business for more clarity on tariffs: 'They always say that'

Trump and his aides warned amid the tariff controversy that Americans could be in store for some temporary economic strain — including higher prices.
CNBC - 2d
Carney ready to talk trade with Trump if 'there's respect for Canada's sovereignty'

Prime minister-designate's comments follow Canada's reciprocal tariffs on US imports after Trump slapped taxes on steel and aluminium.
BBC News - 16h
Who will EU, Canada's retaliatory tariffs impact the most?

President Trump is moving full speed ahead on tariffs. The administration imposed a 25% tariff on Wednesday on all steel and aluminum imports, and the response from America's allies has been swift. ...
CBS News - 13h
Trump rejects pleas from business for more clarity on tariffs

President Donald Trump has dismissed the growing chorus of CEOs, investors and policymakers who are pleading with the White House for greater clarity about his sweeping tariff agenda.
NBC News - 2d
Kentucky bourbon maker says Trump tariffs immediately impacted his business

President Trump's 25% tariffs on all imported steel and aluminum have taken effect. Victor Yarbrough, CEO of Brough Brothers Distillery, the first African American-owned distillery in Kentucky, ...
CBS News - 13h
Canada's incoming prime minister says he'll meet Trump if Canadian sovereignty is respected

Incoming Canadian Prime Minister Mark Carney says he’s ready to meet with U.S. Donald Trump if he respects Canadian sovereignty and is open to talk about a common approach to trade
ABC News - 20h
Trouble is brewing for local beer companies as Trump slaps tariffs on aluminum

The math is tight for Thom Cheston.
NBC News - 18h
Goldman Sachs CEO: Business community 'understands' what Trump is trying to do with tariffs

Goldman Sachs CEO David Solomon said that the business community “understands” what President Trump is trying to do with levies on various goods, even though they want "lower tariffs everywhere.” ...
The Hill - 16h
Wall Street reacts to Trump's tariff flip-flopping with Canada

U.S. stocks racked up heavy losses for a second straight day in a volatile session that had investors fixated on President Trump's ever-evolving trade war with Canada. Kelly O'Grady explains.
CBS News - 1d
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