Canada’s Small Businesses Face a ‘Double Hit’ in the Trade War With U.S.
A rice mill in Ontario is among many small businesses being hit by President Trump’s tariffs and also by Canada’s retaliatory levies, putting their futures in doubt. | 2d 5:01 AM ET ago |
Read more at The New York Times
-
Canada cuts rates as trade war shakes consumer and business confidence
Reduction to 2.75% comes hours after US tariffs on aluminium and steel take effectFinancial Times - Mar. 12 -
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 - Mar. 9 -
Trump doubles down on a trade war with Canada. Here’s where the U.S. gets its steel and aluminum.
President Donald Trump escalated his trade war against Canada, imposing new duties on steel and aluminum.MarketWatch - Mar. 11 -
Trump trade wars are slowing global growth and fuelling inflation, says OECD
Economic organisation downgrades forecasts for growth in UK as well as US, Canada and Mexico due to tariffs. Business live – latest updates Donald Trump’s trade wars are splintering the global ...The Guardian - 6d -
Ontario hits power exports to US with 25% surcharge as trade war escalates
Canadian province’s decision will affect 1.5mn households and businesses in Michigan, Minnesota and New YorkFinancial Times - Mar. 10 -
US small business agency to oversee student loans
The Small Business Administration will now manage the loans of some 40 million US borrowers.BBC News - 2d -
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 - Mar. 9 -
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 - Mar. 12 -
Bourbon industry in crosshairs of U.S.-Canada trade war
Distilleries in the heart of America's bourbon industry are finding themselves in the crosshairs of a brewing trade war between the U.S. and Canada.NBC News - Mar. 11 -
Canada Gets a New Leader Amid Trump’s Trade War
Mark Carney, Canada’s incoming prime minister, is no stranger to crises. Now he faces what is arguably the challenge of a lifetime: President Trump. Matina Stevis-Gridneff, the Canada bureau chief ...The New York Times - Mar. 14 -
Trump’s Canadian tariffs are having a chilling effect on Vermont’s small business owners
The Green Mountain State's small businesses are getting caught in the tariff crossfire between the United States and Canada.CNBC - Mar. 15 -
Trade wars hit an American favorite and a baby theft sparks outrage: The news quiz
Trump’s trade war heated up, NASA astronauts faced another setback, and a soccer team revealed its ambitious plans.NBC News - Mar. 15 -
Canada ‘will never be part of the US’, says new PM Mark Carney amid trade war
Former Bank of Canada and Bank of England governor sworn in and expected to call election soon. Mark Carney has said Canada will never be part of the US, after being sworn in as the country’s 24th ...The Guardian - Mar. 15 -
Latest news on Trump's trade war with Canada, China
China and Canada have imposed retaliatory tariffs against the U.S. as part of the trade war surrounding President Trump's new policies. CBS News' Weijia Jiang reports.CBS News - Mar. 10 -
Vermont Businesses Hit by Tariffs on Canada
A cross-border business summit of brewery owners, maple syrup producers and other leaders did not disagree with the state’s Democratic junior senator, Peter Welch, who said, ‘This is really, really ...Inc. - 4d -
Tesla tells US government Trump trade war could ‘harm’ EV companies
Letter from Elon Musk’s firm to US trade representative warns of ‘downstream impacts’ of tit-for-tat tariffs. Business live – latest updates Elon Musk’s Tesla has warned that Donald Trump’s ...The Guardian - Mar. 14 -
Canada can win trade war with US, foreign affairs minister Mélanie Joly says
Canada is among the countries waiting to see what Trump's 2 April reciprocal tariffs look like.BBC News - 20h -
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 - Mar. 12 -
Canada's next PM Mark Carney vows to win trade war with Trump
The 59-year-old political newcomer says he will keep tariffs on US imports "until the Americans show us respect".BBC News - Mar. 10 -
Trade Wars - The return of Mark Carney
New Prime Minister of Canada vows to win trade war against President Trump.BBC News - Mar. 10 -
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 - Mar. 9 -
King meets Carney in symbolic support for Canada
The King, who is also head of state of Canada, meets the country's new prime minister Mark Carney amid a trade war with the US.BBC News - 6d -
Trump looms over Canada's election as campaign begins
The country will vote on 28 April as President Trump wages a trade war and says he wants to make Canada the 51st US state.BBC News - 11h -
Canada to review the purchase of US-made F-35 fighter jets in light of Trump's trade war
A spokesman for Canada's Defense Minister Bill Blair says new Prime Minister Mark Carney has asked for a review of the purchase of America’s F-35 fighter jetABC News - Mar. 15 -
China hits US farm goods with tariffs as trade war escalates
Beijing’s retaliatory measures target $22bn of agriculture products as well as timberFinancial Times - Mar. 10 -
EU braces for higher prices as US trade war ramps up
For consumers, higher prices loom on supermarket shelves, but for businesses and industry the risks are higher.BBC News - Mar. 12 -
Latest news on Trump's trade war with Canada, shock in stock markets
President Trump's trade war with Canada is growing after Ontario's premier announced on a tax on electricity bound for the U.S. This comes as the stock markets are reacting negatively to Mr. ...CBS News - Mar. 11 -
The U.S.-Canada trade war could signal a shift in economic ties, experts say
The U.S.-Canada trade war could shift economic ties as tariffs rise and tensions grow, raising concerns about future trade stability, experts say.CNBC - Mar. 14 -
US pauses water-sharing negotiations with Canada over Columbia River
Break in talks comes as Trump escalates trade war with Canada and threatens its sovereignty. The United States has paused negotiations with Canada on a key water-sharing treaty as Donald Trump ...The Guardian - Mar. 12 -
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 - Mar. 11 -
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 - Mar. 12 -
Gold hits record high over $3,000 amid rising geopolitical tensions; Pound at $1.30 against weakening US dollar – business live
Rolling coverage of the latest economic and financial news, as gold hits $3,027 per ounce. Gold is continuing to hit new heights this morning – it’s now trading at $3,027 per ounce. . “In the ...The Guardian - 5d -
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats
Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...The Hill - Mar. 11 -
Trump Doubles Tariffs on Canada’s Steel and Aluminum
Small manufacturers in the U.S. will likely be hurt by resulting cost increases. The president is unmoved.Inc. - Mar. 11 -
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 - Mar. 11 -
Breweries and maple syrup producer among Vermont businesses hit by Trump's tariffs on Canada
Business owners from both sides of the U.S.-Canada border gathered Tuesday in Vermont to share how the Trump administration’s sweeping tariffs have affected their industries.NBC News - 4d -
Canada's next prime minister managed the financial crisis, then Brexit and now Trump's trade war
Canada’s next prime minister has helped run two Group of Seven economies in crisis before and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a ...ABC News - Mar. 10 -
With Domestic Beer Drinking Declining, Barley Farmers Now Fear Tariffs
Export markets like Canada and Mexico are vital to this agricultural segment. Trump’s trade war now threatens threatens their business.Inc. - 5d -
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 - Mar. 10
More from The New York Times
-
To Him, Americans Were Always Heroes. He’s Not So Sure About Today’s.
A tour led by an 88-year-old guide in Bastogne, Belgium, scene of a critical battle of World War II, offers a snapshot into the way President Trump’s second term is shifting perceptions of America ...The New York Times - 31m -
Lebanon, Ravaged by Israel-Hezbollah War, Needs Changes to Unlock Aid
For years, the country has failed to enact financial and governance overhauls required by lenders. The recent fighting has made that problem urgent.The New York Times - 32m -
Trump Did What Castros Couldn’t: Take Radio Martí Off the Air
For four decades, a U.S.-financed broadcaster provoked the ire of the communist government in Cuba. President Trump dismantled it in a matter of days.The New York Times - 29m -
Migrants Deported to Panama by Trump Find Themselves Stranded and in Limbo
Dozens of stranded migrants sleep on mattresses in a school gymnasium. In interviews, 25 deportees from around the world said they were stuck in limbo.The New York Times - 16h -
Lessons from a Lost-Pet Detective Named Kat
Recovering missing animals requires understanding both animal and human behavior.The New York Times - 32m
More in World
-
Keir Starmer’s Trump act is politically damaging but necessary
Maintaining ambiguity about the US president and Nato could make the government seem deludedFinancial Times - 1m -
UK detects bird flu in sheep for the first time
Authorities play down risks to livestock but urge precautions to avoid mass outbreaks seen in USFinancial Times - 5m -
It’s an economic miracle!
Papal bullFinancial Times - 24m -
Video shows Pakistan gunmen's old warning to China, not after train siege
Yahoo News - 25m -
Trump Did What Castros Couldn’t: Take Radio Martí Off the Air
For four decades, a U.S.-financed broadcaster provoked the ire of the communist government in Cuba. President Trump dismantled it in a matter of days.The New York Times - 29m
