Tariffs / #tariffs


Economists forecast steady 2.6% annual inflation rate for March release

April 13, 2025, 7:20 am

Two articles report that economic analysts are projecting an annual inflation rate of 2.6% for March, a figure that mirrors the previous month’s reading. The analyses explore how the stable yet elevated inflation rate reflects broader economic pressures both domestically and globally, examining pricing trends, governmental fiscal policy responses, and potential implications for consumers. This detailed outlook offers insight into Canada’s economic environment and the challenges faced by policymakers amid ongoing financial shifts.

ledevoir.com / Les économistes prévoient un taux d’inflation annuel de 2,6%

nationalpost.com / Economist predict March inflation at 2.6 per cent, with ‘modest’ tariff impact

winnipegfreepress.com / Economists expect annual inflation rate to come in at 2.6% for March

citynews.ca / Economists expect annual inflation rate to come in at 2.6% for March


4 stories from 4 sources in 10 hours ago ... #economy #finance #business #consumer #global-trade +


Trump administration excludes electronics from reciprocal tariffs

April 12, 2025, 10:20 am

The Trump administration announced a targeted decision to exclude select electronics such as smartphones and laptops from the scope of reciprocal tariffs as part of a broader trade policy adjustment. Officials explained that this measure is designed to keep consumer prices stable and support leading tech companies like Apple and Samsung during ongoing trade talks. The move reflects a strategic effort to alleviate economic pressure amid broader tariff disputes.

citynews.ca / Apple has few incentives to start making iPhones in US, despite Trump’s trade war with China

nationalpost.com / Apple has few incentives to start making iPhones in U.S. despite Trump’s trade war with China

globalnews.ca / Trump administration says it will exclude some electronics from reciprocal tariffs

torontosun.com / Trump administration says it will exclude some electronics from ’reciprocal’ tariffs

winnipegfreepress.com / Trump administration says it will exclude some electronics from ‘reciprocal’ tariffs


5 stories from 5 sources in 31 hours ago ... #economy #global-trade #business #tariffs #us-relations +


Trump tariffs disrupt importers and local markets

April 12, 2025, 6:20 am

Two reports detail the immediate fallout from the Trump administration’s tariff actions on Chinese imports. One account emphasizes the dramatic toll on importers, describing their struggle against rising costs with forceful imagery, while the other focuses on a Michigan city preparing for the economic shock these tariffs are expected to bring. Both stories examine the localized and industry-wide impacts of the tariff policy, highlighting its broader implications for trade and market stability across North America.

citynews.ca / A timeline of Donald Trump’s tariff trade war

torontosun.com / ELDER: The left now discovering economist Milton Friedman

torontosun.com / GOLDSTEIN: Reckless Liberal spending compromised our ability to fight tariff war

torontosun.com / ’ASLEEP AT THE WHEEL’: Michigan city braces for impact of Trump’s tariffs

winnipegfreepress.com / Democrats dislike the ‘chaos’ of Trump’s trade war but are OK with some tariffs

winnipegfreepress.com / Trump’s China tariffs swing a sledgehammer at importers and cheap goods

citynews.ca / Trump’s China tariff shocks US importers. One CEO calls it ‘end of days’

financialpost.com / Making the most of market volatility: FP Video on the latest tariff tangents

winnipegfreepress.com / ‘Asleep at the wheel’: Michigan city braces for impact of Trump’s tariffs

citynews.ca / ‘Asleep at the wheel’: Michigan city braces for impact of Trump’s tariffs

winnipegfreepress.com / For some N.S. fishers, grievances with Liberals outweigh U.S. tariff worries


11 stories from 4 sources in 35 hours ago ... #economy #global-trade #tariffs #autosector #business +


Ontario collects one-day electricity export surcharge revenue

April 11, 2025, 1:21 pm

Ontario implemented a one-day 25% surcharge on electricity exports to the United States, raising $260,000. The measure impacted power supplies reaching roughly 1.5 million homes across three states and was executed as part of efforts to manage interprovincial trade and energy market dynamics. Officials note that while this surcharge was an isolated regulatory step, it has sparked wider discussions about energy pricing and cross-border trade policies, highlighting the challenges of balancing local resource management with export demands.

globalnews.ca / Ontario’s 1-day surcharge on U.S. energy exports raised $260K

theglobeandmail.com / Ontario collects $260,000 from one-day electricity surcharge on U.S. exports

torontosun.com / Ontario collects $260,000 from one-day electricity surcharge on U.S. exports

winnipegfreepress.com / Ontario collects $260,000 from one-day electricity surcharge on U.S. exports


4 stories from 4 sources in 2 days ago ... #politics #provincial #trade #us-relations #energy +


Analyze U.S. Stock Futures Rally Amid Trade and Tariff Concerns

April 11, 2025, 7:21 am

Two separate reports note that U.S. stock futures indicate a positive opening for the market after a turbulent week marked by sharp fluctuations, tariff revisions, and rising import costs on Chinese goods. The stories emphasize that despite ongoing trade tensions and uncertainties surrounding President Trump’s policies, market sentiment appears optimistic as futures point to an improved trading session.

torontosun.com / CHARLEBOIS: Counter-tariffs, not Trump, hurting Canada’s food economy

globalnews.ca / Canada, U.S. markets close higher, capping ‘topsy-turvy’ tariff week

torontosun.com / Carney warns of signs that global economies are slowing amid Trump’s tariffs

globalnews.ca / Trump hasn’t worked out how auto parts tariff would work, Ontario minister says

torontosun.com / NYC champagne bar to manage Trump tariffs with smaller pours

globalnews.ca / Trump threatens Mexico with sanctions, tariffs over water-sharing treaty

winnipegfreepress.com / Futures market points to positive open for U.S. stock markets

citynews.ca / Futures market points to positive open for U.S. stock markets


8 stories from 4 sources in 2 days ago ... #economy #finance #trade #us-relations #business +


Chinese Exporters Respond to Trump's Tariffs in Escalating Trade War

April 11, 2025, 6:20 am

In an escalating trade conflict between the United States and China, exporters described the severe impact of Trump-era tariffs. Following the U.S. imposition of a 145% tariff on Chinese goods, China retaliated with a 125% tariff on U.S. products, affecting over $582.4 billion in bilateral trade. The exporters voiced concerns about rising costs and supply chain disruptions, highlighting the broader economic implications of the trade war. Their commentary reveals the deep challenges facing international business amid shifting global policies.

globalnews.ca / Canada’s auto sector weighs ‘difficult’ new reality under Trump’s tariffs

nationalobserver.com / Fact check: Did Carney meet with a Beijing-affiliated group? And more

globalnews.ca / Trade war ramps up as China retaliates by raising tariffs on U.S. imports

thestar.com / Trump's tariff war: China increases tariffs on U.S. goods to 125%; Futures markets pointing to positive start

winnipegfreepress.com / Q&A: What has China done so far? What could China do next?

winnipegfreepress.com / The Latest: Global tariff battle escalates as China retaliates with 125% tariffs on US goods

torontosun.com / China will raise tariffs on U.S. goods from 84% to 125%

winnipegfreepress.com / Here’s what some exporters in China say about Trump’s trade war

citynews.ca / Here’s what some exporters in China say about Trump’s trade war


9 stories from 6 sources in 2 days ago ... #economy #trade #us-relations #global-trade #business +


Canada hit by escalating U.S. tariffs affect trade and local businesses

April 11, 2025, 5:21 am

A series of reports detail how escalating U.S. tariff policies and related trade measures are impacting Canada economically. One story notes that China has raised tariffs on U.S. goods, intensifying the trade war, while another covers Prime Minister Mark Carney’s suspension of his election campaign to address the fallout from these tariffs. Further reports reveal that Canadians expect personal financial impact, with duty‐free shops and small food manufacturers suffering declining sales and pressured supply chains due to retaliatory tariff actions.

nationalpost.com / Michael Higgins: Carney’s new Project Fear is to scare Canadians into voting for him 

torontosun.com / SNOBELEN: Canada needs leadership to rescue economy from Trump’s blender

torontosun.com / SHAPIRO: Trump’s tariff decision a reality-driven U-turn

nationalpost.com / Carney leaving ‘instructions’ to help next government prepare for Trump

globalnews.ca / ‘It’s very grim’: Duty-free shops see sales plummet as travellers shun U.S.

torontosun.com / Canada/US tariff negotiations will begin this May: Carney

theglobeandmail.com / New Brunswick’s tiny Campobello Island gets special tariff exemption

theglobeandmail.com / Mark Carney warns of signs that global economies are slowing amid Donald Trump’s tariffs

nationalpost.com / Potential impact of Trump’s trade war on jobs and inflation sends U.S. consumer sentiment plunging

winnipegfreepress.com / Could Trump’s tariffs slow emissions? Sure, experts say, but at great cost overall

theglobeandmail.com / Duty-free shops see sales plummet as travellers avoid U.S.

citynews.ca / New Toronto bar responds to Trump tariffs with patriotism; accepts Canadian Tire money

torontosun.com / In response to U.S. tariffs, New Brunswick looking at selling government-owned Teslas

theglobeandmail.com / New Brunswick looks at selling government-owned Teslas in response to Trump tariffs

winnipegfreepress.com / Carney warns of signs that global economies are slowing amid Trump’s tariffs

citynews.ca / Carney warns of signs that global economies are slowing amid Trump’s tariffs

globalnews.ca / In response to U.S. tariffs, New Brunswick looking at selling government-owned Teslas

thestar.com / In response to U.S. tariffs, New Brunswick looking at selling government-owned Teslas

cbc.ca / Global economic slowdown from tariffs starting to impact Canada, Carney says after cabinet meeting

torontosun.com / Tariffs could cost them. They’re still standing by Trump.

nationalobserver.com / Carney in Ottawa for cabinet committee meeting on U.S. relations

nationalobserver.com / Most Canadians say they expect to feel U.S. tariffs and want Canada to fight back: poll

globalnews.ca / Mark Carney back in Ottawa to address Donald Trump’s trade war 

nationalpost.com / Most Canadians say they expect to feel U.S. tariffs, want Canada to fight back: poll

torontosun.com / THE LATEST: Carney suspends campaign to chair meeting as PM

torontosun.com / Carney in Ottawa today for cabinet committee meeting on U.S. relations

torontosun.com / Most Canadians say they expect to feel U.S. tariffs, want Canada to fight back: poll

torontosun.com / Duty-free shops see business ’falling off the cliff’ as travellers shun U.S.

globalnews.ca / Ford to legislate ‘economic priority areas,’ remove trade barriers to fight Trump tariffs

theglobeandmail.com / For farmers of Souris, PEI, every pressing campaign issue is a hot potato

citynews.ca / China announces countermeasures by raising tariffs on US goods from 84% to 125% from Saturday

citynews.ca / Carney in Ottawa today for cabinet committee meeting on U.S. relations

citynews.ca / Most Canadians say they expect to feel U.S. tariffs, want Canada to fight back: poll

citynews.ca / Duty-free shops see business ‘falling off the cliff’ as travellers shun U.S.

citynews.ca / Tariffs could spell end of the line for some smaller Canadian food makers: experts


35 stories from 9 sources in 2 days ago ... #politics #provincial #economy #trade #us-relations +


Asian shares plunge amid escalating US-China trade war tensions

April 10, 2025, 10:20 pm

Asian financial markets experienced significant declines as Japan’s Nikkei dipped by 5.6% initially, reflecting growing apprehension over escalating trade tensions between the US and China. Concerns over the intensifying trade war and ensuing market turbulence led to broader sell-offs, impacting investor sentiment across the region. The surge of the yen further compounded these challenges, highlighting the fragile balance between global economic growth and the risks associated with persistent trade disputes.

thestar.com / Trump's tariff war on China and the world continue to wreak havoc on stock markets

winnipegfreepress.com / China announces countermeasures by raising tariffs on US goods from 84% to 125% from Saturday

winnipegfreepress.com / China announces countermeasures by raising tariffs on US goods from 84% to 125% from Saturday

torontosun.com / Asian shares sink with Japan’s Nikkei down 5.6% as China-U.S. trade war escalates

winnipegfreepress.com / Asian shares sink, with Japan’s Nikkei down 5.6% as China-US trade war escalates


5 stories from 3 sources in 2 days ago ... #economy #trade #us-relations #global-trade #business +


Trump warns of returning reciprocal tariffs if global deals falter

April 10, 2025, 10:20 pm

Former remarks by President Trump have underscored a looming threat of reinstating reciprocal tariffs within 90 days should international partners fail to secure coordinated trade agreements. Citing the potential benefits of a unified global response, an ex-trade negotiator indicated that a more coordinated approach could end the tariff threats sooner, reducing market volatility. The comments come amid widespread market uncertainty and reflect the administration’s readiness to leverage tariff measures to secure advantageous deal terms in ongoing trade negotiations.

globalnews.ca / Not buying a new car? How Trump’s auto tariffs will hit current owners too

winnipegfreepress.com / The art of the painfully slow deal

winnipegfreepress.com / This is not the time for renegotiating the CUSMA

torontosun.com / Letters to the Editor, April 11, 2025

nationalpost.com / Trump tariff threat would end quicker with ‘more co-ordinated response’ globally: ex-trade negotiator


5 stories from 4 sources in 2 days ago ... #economy #trade #us-relations #global-trade #tariffs +


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