Tariffs could impact longstanding electricity trade between US and Canada

US-Canada products are 99 percent tariff-free: Canadian ambassador to US

Canada's ambassador to the United States said 99% of products traded between the two nations are tariff-free.

The Hill - 20h

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 - 16h

Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance

The stiff tariffs President Trump briefly imposed on Mexico and Canada this week could have pushed those allies into recession. The impact for America would be messy.

The New York Times - 5d

Ontario says it will slap a 25% surcharge on US-bound electricity

The move is in retaliation to Trump's tariff threats on Canada, and is expected to raise energy costs for 1.5 million US homes.

BBC News - 1d

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 - 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 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 - 10h

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 - 17h

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 - 15h

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 - 1h

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 - 7h

Trump halts plan for 50% steel and aluminium tariffs on Canada

It comes after the Canadian province of Ontario said it would suspend a 25% surcharge on US-bound electricity.

BBC News - 8h

'Tariffs break trust': How Trump's trade policy is putting pressure on U.S. farmers

American farmers could ultimately feel even more pain as a result of President Donald Trump's tariffs on Canada, Mexico and China.

CNBC - 9h

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

Ontario's Ford suspends U.S. electric surcharge after Lutnick agrees to trade talks

President Donald Trump has said he will impose a 25% tariff on goods imported from Canada beginning April 2.

CNBC - 9h

EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart

UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...

The Guardian - 2d

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

Ontario's Doug Ford warns of 'Trump recession,' threatens electrical shutoff to U.S.

Trump said that if Canada cuts off electricity exports to the United States as part of the ongoing trade war "they will pay a financial price for this."

CNBC - 14h

Ontario sets 25% surcharge on energy exports to US to counter Trump tariffs

Premier Doug Ford says province ‘won’t back down’ until US president retracts duties on Canada. The Canadian province of Ontario is imposing a 25% surcharge on electricity exports to the states ...

The Guardian - 1d

Behind Ontario's tax on electricity for the U.S.

Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...

CBS News - 1d

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 - 13h

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

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 - 6h

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 - 14h

What does Ontario's electricity surcharge mean for New York?

A 25% surcharge on electricity from Ontario, Canada, took effect in three U.S. states on Monday in response to planned tariffs from the Trump administration. New York is the nation's biggest ...

CBS News - 1d

Trump’s Tariffs Could Help Tesla, by Hurting Its Rivals More

The electric car company led by Elon Musk builds all the cars it sells in the United States in California and Texas, shielding it from tariffs that could devastate competitors.

The New York Times - 4d

Trump denies reports of infighting between Cabinet, Elon Musk

President Trump is pushing back against reports of infighting between his Cabinet and Elon Musk. He also appears to be reversing course on tariffs again, with new threats against Canada.

CBS News - 3d

China hits Canada with retaliatory tariffs on agricultural products

Beijing accuses Ottawa of ‘discriminatory’ levies on electric vehicles

Financial Times - 4d

U.S. could reach deal with Canada that avoids oil and gas tariffs, energy secretary says

Energy Secretary Chris Wright said the U.S. could strike a deal that spares Canadian oil and gas from tariffs, but "it's too early to say."

CNBC - 1d

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 - 3d

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 - 7h

Trump tariffs of 25% on steel and aluminium come into effect globally as Europe says it will retaliate – business live

European Commission says it will impose counter-tariffs on US goods from April. Full story: Trump tariffs on steel and aluminium come into effect amid US-Canada trade war The European ...

The Guardian - 14m

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 - 2d

Republicans worry Trump's tariffs could harm economy

Republican lawmakers are growing alarmed over signs that President Trump’s expanding trade war is hurting the economy, something they’re hearing from constituents at home who are struggling to ...

The Hill - 1d

Ontario agrees to suspend electricity surcharge ahead of talks with US

The government of Ontario on Tuesday backed off its threat to impose a surcharge on electricity to three U.S. states amid broader trade talks. In a joint statement from Ontario Premier Doug Ford ...

The Hill - 12h

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 - 1d

Daniel Jones rumors: Former Giants QB is deciding between these two teams in 2025 NFL free agency, per report

Both clubs could use quarterback help

CBS Sports - 16h

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 - 14h

Toyota considers exporting from UK to US to ease impact of Trump tariffs

Senior European executive of world’s largest carmaker also warns of more turbulence for the sector

Financial Times - 7h

Tariffs could impact longstanding electricity trade between US and Canada

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