Finance News – Tariffs
What is your interest today?
Posthaste: Evidence builds that tariffs are chewing into Canada's economy
Rising costs from trade barriers are causing major retailers to warn of higher consumer prices, reflecting early signs of declining economic indicators across Canada’s financial la...
Read Full Article →Honda's production shift due to U.S. tariffs could open export opportunities for Canadian plant
Honda Canada's decision to manufacture the CR-V for markets outside the United States may enhance revenue streams by expanding its export footprint amid changing trade policies.
Read Full Article →Tariff tensions threaten Canada’s EV ambitions
The imposition of tariffs has resulted in uncertainty that may discourage automakers from committing substantial resources to electric vehicle projects in Canada, potentially affec...
Read Full Article →Tariffs hitting shoppers in Canada and U.S., with some prices set to rise at Loblaw stores, Walmart
Both Canadian and U.S. retailers are adjusting prices upward on certain products as increased costs from trade restrictions impact supply chains and inventory levels in major store...
Read Full Article →Trump's trade 'deals' show tariffs here to stay
The implementation of ongoing tariffs under current trade agreements indicates a sustained approach that may impact economic relationships and influence market dynamics in the long...
Read Full Article →U.S. car prices, consumer demand surge in April after tariffs hit
April saw a notable increase in new vehicle costs and buyer interest in the United States, reflecting the broader economic impact of recently implemented trade restrictions on the...
Read Full Article →Canadian business leaders say trade diversification should be Ottawa's top priority: Léger poll
A recent survey revealed that a significant portion of Canadian business executives remain uncertain about the future impact of U.S. tariffs, highlighting the importance of explori...
Read Full Article →Shopify stock jumps more than 14% on news of Nasdaq 100 inclusion
The inclusion of the Canadian e-commerce firm in a major stock index led to a notable increase in its share price, despite the company not yet experiencing effects from recent trad...
Read Full Article →Premarket: Wall Street stock futures soar as U.S., China slash tariffs
Global stock markets are expected to rise sharply ahead of opening as tariff reductions between the U.S. and China boost investor confidence, while safe-haven assets like gold and...
Read Full Article →U.S. and China reach deal to slash tariffs for 90 days
The agreement to temporarily reduce tariffs between the U.S. and China aims to ease trade tensions and potentially improve economic conditions by encouraging increased cross-border...
Read Full Article →Mr. Carney goes to Washington: FP Video unpacks the meeting and where tariffs go from here
The recent discussions in Washington involving key industry leaders highlighted potential changes in trade policies that may impact tariffs and influence economic relations between...
Read Full Article →Bank of Canada to start cutting rates again as jobs blow from tariffs materializes, economists say
Economists suggest that the rise in unemployment to 6.9% may prompt the Bank of Canada to reduce interest rates, aiming to support economic growth amid emerging trade-related chall...
Read Full Article →Canada's unemployment rate climbs to 6.9% as tariffs bite
The rise in joblessness to 6.9% reflects growing concerns that escalating trade tensions may be negatively affecting employment opportunities across various sectors in Canada.
Read Full Article →What's in the U.S.-U.K. trade deal and what does it mean for Canada?
The agreement provides tariff reductions on certain steel and aluminum products between the U.S. and U.K., potentially influencing trade costs and economic relations in the region,...
Read Full Article →Trump's film tariffs could blow 'massive hole' in Canada's economy
The proposed levies on movie productions may create economic challenges for Canada, as uncertainty in the industry could lead to reduced investments and cautious decision-making am...
Read Full Article →Bank of Canada warns Trump's tariffs could trigger 'market dysfunction'
The Bank of Canada highlights that escalating trade tensions may disrupt financial markets and pose substantial risks to the Canadian economy's overall stability and growth prospec...
Read Full Article →Trump agrees to cut tariffs on U.K. autos, steel and aluminum in planned trade deal
The reduction of import taxes on British vehicles and metals as part of the upcoming agreement is expected to enhance trade efficiency and increase American agricultural exports to...
Read Full Article →Trump won't drop tariffs; they are his only weapon: Mark Warner
The continuation of tariffs by Trump highlights their role as a primary tool in trade negotiations, potentially impacting economic relations and market stability according to trade...
Read Full Article →Investors at Milken conference eye foreign shores as tariffs cloud U.S. outlook
Attendees at the Milken conference are considering shifting more capital towards international markets, particularly Europe, due to uncertain domestic trade policies impacting the...
Read Full Article →Travel stocks struggle to take flight amid tariffs and recession fears
Several U.S. airlines have retracted their financial forecasts due to the challenging economic conditions and trade barriers, which have impacted investor confidence and hindered g...
Read Full Article →Canada's trade deficit narrows to $506 million as tariffs kick in
Canada's trade imbalance decreased to $506 million in March, influenced by the implementation of tariffs and a 6.6% reduction in exports to the United States.
Read Full Article →Brookfield to tap $120-billion war chest to take advantage of market turbulence
Brookfield plans to utilize its substantial capital reserves to invest in real assets like infrastructure, power, and real estate, aiming to mitigate risks associated with changing...
Read Full Article →Why tariffs are unlikely to bring back U.S. aluminum production
The high cost of energy in the U.S. limits aluminum manufacturing competitiveness, making it difficult for tariffs alone to revive domestic production when compared to Canada’s mor...
Read Full Article →After Trump vows tariffs on foreign movies, the Canadian film industry says he's lost the plot
Imposing steep tariffs on international films could disrupt revenue streams and trade relationships, potentially causing significant economic challenges for the Canadian movie mark...
Read Full Article →Why buying Shopify shares ahead of its earnings this week could pay off brilliantly
Investors should weigh the potential challenges from U.S. tariffs affecting the platform’s users against Shopify’s overall prospects for sustained expansion and future profitabilit...
Read Full Article →Posthaste: What happens when OPEC+ messes with the oil market in a world battered by tariffs
Changes in OPEC+ production decisions, combined with ongoing global tariffs, have contributed to a decline in crude oil prices, impacting revenue streams and market stability acros...
Read Full Article →Premarket: U.S. stock futures fall after Trump’s new tariffs; Fed meet in focus
U.S. equity indexes are expected to open lower due to increased trade tensions and investors’ cautious outlook ahead of the Federal Reserve’s upcoming policy meeting, while energy...
Read Full Article →Aritzia says no plan to raise prices as it adjusts to Trump tariffs
Aritzia assesses its pricing strategy seasonally and has determined that it will not implement price increases in response to the tariffs imposed by the Trump administration.
Read Full Article →Aritzia plans to move some of its production away from China amid tariff threats
Aritzia intends to reduce its clothing production in China to 20 percent this fall-winter season and plans to further decrease reliance on the country by spring, amid tariff concer...
Read Full Article →GM to lay off 750 workers at Oshawa plant, citing U.S. tariffs: union president
General Motors is reducing its workforce at the Oshawa Assembly plant as a response to U.S. tariffs, which could impact operational efficiency and local economic conditions.
Read Full Article →