Trump Unveils Sweeping Tariffs as Global Markets Face Acute Turbulence

The new tariffs announced by President Trump have shocked global financial markets, sending Asian stocks tumbling and triggering sharp declines in Canadian equities. Detailed accounts reveal the last‐minute planning of the tariff rollout and live reactions fromOfficials like a B.C. premier, highlighting concerns over mounting economic uncertainty amid an escalating trade war.

winnipegfreepress.com / The Latest: Trump’s tariffs slam world markets in the biggest blow since the pandemic hit in 2020

winnipegfreepress.com / Asian stocks slid after Wall Street surrendered to a hit by Trump’s tariffs

torontosun.com / How Trump’s tariffs were honed in final hours before rollout

Trump's trade plan had been years in development, with aides finalizing tariff details, scope, and messaging just hours before its public announcement.

cbc.ca / Dairy producers dodge U.S. tariffs, but say there’s still a big battle ahead

Upcoming review of the Canada-US-Mexico free trade deal worries dairy producers, who want protection for Canada's supply management system that prevents shortages and stops cheap imports.

citynews.ca / Syrian immigrant feels immediate impact of trade war in new business

A barbershop may not be one of the places that comes to mind as being affected in a trade war between Canada and the United States, but according to Ahmad Fakhourji, his business costs went up as soon as he opened more than two weeks ago. “When I went to buy the chairs, the same […]

globalnews.ca / Penguins and polar bears outnumber people in some tariff-hit territories

Tiny tropical islands and remote Arctic outposts with no populations are among the countries and territories that now face at least 10 per cent U.S. tariffs, with some far higher.

globalnews.ca / U.S. egg imports meant to drive down prices could now face Trump tariffs

U.S. Agriculture Secretary Brooke Rollins said tariffs on egg imports meant to ease a supply shortage were possible and negotiations with affected countries were ongoing.

globalnews.ca / ‘Manitoba will come through this,’ expert says as trade war with U.S. continues

In the ongoing trade war between Canada and the U.S., we've been given a bit of a reprieve on some tariffs, but business leaders in Manitoba say it's no time to get complacent.

winnipegfreepress.com / Mexico celebrates dodging latest US tariffs but feels the effects of global economic uncertainty

globalnews.ca / B.C. premier to speak live following Donald Trump’s ‘Liberation Day’ tariffs

On Wednesday, U.S. President Donald Trump unveiled a minimum 10 per cent baseline tariff on imports from most countries, not including Canada and Mexico.

nationalpost.com / Stock markets dive following Trump’s tariff announcement

Little was spared as fear flared globally about the potentially toxic mix of higher inflation and weakening economic growth that tariffs can create

citynews.ca / Canadian apparel company stock prices fall after tariff announcement

Canadian apparel stocks Aritzia and Lululemon fell sharply as investors reacted to President Trump’s sweeping new tariffs, with Aritzia dropping 20% in TSX trading.

torontosun.com / Greater Toronto home sales drop in March amid trade concerns: TRREB

Greater Toronto Area home sales fell 23.1% in March due to increased supply, lowering prices. The Toronto Regional Real Estate Board recorded 5,011 sales in March, down from 6,519 in March 2024 and 2.4% lower than in February.

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