Donald Trump’s presidency is 100 days old on Wednesday, and its bold and often controversial moves have spawned more than 200 lawsuits, according to online publications tracking policy and legal issues arising from the new administration. Trump’s first presidency, between 2017 and 2021, was also marked by litigation compared to …
Read More »Tariff fears are driving a boost in auto sales in Detroit
With a licence plate and set of keys in hand, Jerry Chen gets into the new Toyota Highlander his family decided to purchase before U.S. President Donald Trump’s auto tariffs kicked into gear. Chen and his wife, who have two children, bought the vehicle from a Toyota dealership in Bloomfield Township, …
Read More »China exempts some U.S. imports from 125% tariff rate
China exempted some U.S. imports from its 125 per cent tariffs on Friday, according to businesses, although China quickly knocked down U.S. President Donald Trump’s assertion that negotiations between the two countries were underway. Trump’s administration has in recent days signalled it is looking to de-escalate the confrontation between the world’s two largest economies, which …
Read More »Are you paying more than before to buy Canadian?; Tariff travel trauma: CBC’s Marketplace Cheat Sheet
Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Are you paying more than before to buy Canadian? Experts say it’s complicated Grocery products that are made in Canada are pictured on shelves at a supermarket …
Read More »Trump’s tariff confusion could leave planes, engines in limbo
Cars, consumer goods and industrial equipment have been delayed at ports, stuck on rail cars and languished in warehouses at times over the last few months due to the White House’s on-again, off-again tariff policy. Planes and their engines are usually ordered by U.S. buyers years in advance, and tariff confusion risks …
Read More »Canada election: Carney focusing on crime, Poilievre on housing as tariff fallout hits campaign trail
Watching for Poilievre and Carney to speak about tariffs U.S. officials initially made conflicting statements about whether a 10 per cent baseline tariff on all goods would apply to Canada. The White House has confirmed that it won’t. Paul Beaudry, former deputy governor of the Bank of Canada, says it’s …
Read More »‘Tariff the seagulls?’ These are the remote islands on Trump’s tariff list, and what they export
An uninhabited Antarctic outpost populated by penguins. One of the smallest economies in the world. An Arctic archipelago with more polar bears than people. To quote Australian Prime Minister Anthony Albanese, it really does appear that “nowhere on Earth is safe” from U.S. President Donald Trump’s sweeping tariffs. Trump rattled markets, …
Read More »China slaps 34% retaliatory tariff on the U.S., says Trump’s levy ‘seriously violates’ world trade rules
China announced Friday that it will impose a 34 per cent tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S. President Donald Trump’s “Liberation Day” slate of double-digit tariffs. The new tariff matches the rate of the U.S. “reciprocal” tariff …
Read More »Lesotho puzzled by whopping U.S. tariff rate, which could decimate its economy
Lesotho scrambled to put together a delegation on Friday to head to Washington to engage with the United States on tariffs that risk wiping out nearly half of its exports, its trade minister said, in what could be a death blow to its economy. The 50 per cent reciprocal trade …
Read More »In France’s southern wine region, Trump’s tariff threats are already killing business
Grapevines across southern France’s famed wine region have barely begun to bud, but the season has already turned sour for many of Europe’s top producers. “We have one [worker] that left … because we couldn’t pay him anymore,” said Nadine Auray, who with her husband, Pierre Jauffret, and a small …
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