Latest news on Trump's trade war with Canada, shock in stock markets

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 - 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 - 9h

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 - 10h

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 - 13h

Trade Wars - The return of Mark Carney

New Prime Minister of Canada vows to win trade war against President Trump.

BBC News - 1d

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 - 2d

Here are the U.S. states that get electricity from Ontario, as Trump’s trade war gets new twist

The latest skirmish in U.S. President Donald Trump’s trade war is highlighting how the Canadian province of Ontario provides electricity to some American homes and businesses.

MarketWatch - 10h

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 head

Financial Times - 2d

Latest news on stock markets plunging amid fears of a recession

U.S. stocks plummeted as fear among investors grows over the country's economic future. CBS News' Weijia Jiang reports from the White House, and Kelly O'Grady and Javier David have more on the ...

CBS News - 1d

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 - 15h

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 - 5h

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 - 15h

Global stock markets register heavy falls as White House tries to talk up Trump tariffs

Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...

The Guardian - 1d

CNBC Daily Open: The U.S. and Canada skirmish over tariffs, roiling markets

The White House engaged in a brief trade war with Canada on Tuesday over energy surcharges and steel tariffs. Cooler heads prevailed but markets weren't calmed.

CNBC - 5h

Tariffs are causing stock-market panic and leading investors into riskier options trading

Less than two months into his second term, President Donald Trump is already making stock-market volatility great again. That’s been a boon for the options market.

MarketWatch - 9h

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 - 2d

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 - 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 - 2d

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 market

CBS News - 30m

China's retaliatory tariffs take effect as American farmers, stocks reel

China's retaliatory tariffs on U.S. agricultural goods will affect American farmers. This comes as the stock market continues to show the effects of a growing trade war. CBS News' Anna Coren reports.

CBS News - 1d

Trade partners impose new tariffs on U.S.

Both Canada and China launched new tariffs on the U.S. today in the escalating international trade war. Canada targeted energy exports and China’s focus is on agricultural goods. NBC News’ Kelly ...

NBC News - 1d

White House defends Trump's tariffs amid plunging stock markets

The White House is defending President Donald Trump's tariffs against the country's top trading partners after the stock market experienced its worst day in 2025 with a sell off that left the Dow ...

NBC News - 18h

Dow falls almost 900 points as Trump declines to rule out possible recession

CNBC Senior Markets Correspondent Bob Pisani reports from the New York Stock Exchange on the market sell-off. NBC News Correspondents Kelly O’Donnell, Brian Cheung and Jay Gray discuss the fears ...

NBC News - 1d

Explaining the stock market uncertainty amid tariff back-and-forths with Canada

Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all steel and aluminum imports. CBS ...

CBS News - 6h

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 - 6h

Watch live: White House holds briefing as fears over economy, trade war mount

White House press secretary Karoline Leavitt will hold a press briefing Tuesday afternoon as President Trump's tariffs and dips in the stock market have raised concerns over the economy. Trump on ...

The Hill - 14h

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

Stock market opens low following Wall Street's worst day in years

The stock market opened in the red as a major sell off continues prompted by fears of a recession and uncertainty from President Donald Trump's tariffs. NBC News' Brian Cheung reports on what could ...

NBC News - 16h

Canada’s New PM Tells Trump: If Want a Fight, We’ll Kick Your Butt

Former central banker Mark Carney has managed the financial crisis and Brexit. He’s not backing down from a trade war with the U.S.

Inc. - 1d

Canada gets new leader, but don’t bet on a quick Trump tariff truce

Could the U.S. and Canada quickly patch up trade relations following the resignation of Prime Minister Justin Trudeau? Don’t count on it.

MarketWatch - 1d

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 - 13h

Australia’s record gold exports to US set back its case for tariff relief as Trump trade war looms

Industries across the country are bracing for the impact of the Trump administration’s worldwide tariff regime. Get our breaking news email , free app or daily news podcast A run on gold in ...

The Guardian - 16h

Tesla’s stock has lost its ‘Trump bump.’ Here’s the latest bad news.

Tesla’s stock is sinking after another month of bad China sales. Elon Musk has now lost about $7 billion in his stake since the election.

MarketWatch - 1d

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 - 2d

Dow drops 600 points as Trump escalates trade war with Canada

S&P 500 dips tentative toe into correction mode, following in the footsteps of the tech-heavy Nasdaq Composite.

CBS News - 11h

‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs

US president downplays recent stock market volatility that followed his ducking and weaving over tariff policy. US politics live – latest updates Donald Trump on Sunday refused to rule out the ...

The Guardian - 2d

Maggie Haberman: Stock market drop not something Trump, aides can ‘explain away’

New York Times political correspondent and CNN contributor Maggie Haberman said the drop in the stock market is not something President Trump or his aides can “explain away.” Haberman joined CNN’s ...

The Hill - 14h

What to know after Monday's market downturn

Stock futures are slightly up Tuesday morning after a major sell-off Monday. Investors are uneasy due to uncertainty over tariffs and President Trump has refused to rule out a recession spurred by ...

CBS News - 17h

Trump doubles down on tariffs threat amid market downturn

President Trump is doubling down on his widespread tariffs threats despite a stock market downturn that has helped fuel anxiety the nation could slide into a recession. Trump escalated the tit for ...

The Hill - 9h

Latest news on Trump's trade war with Canada, shock in stock markets

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