Mar 12 Watch 4:36 Canada and EU announce retaliatory tariffs, escalating Trump's trade war By Stephanie Sy, Jonah Anderson, Azhar Merchant The trade war between the U.S. and dozens of countries escalated yet again Wednesday. Canada and the European Union announced their own tariffs designed to inflict economic pain and pressure on America. But President Trump said he would not be… Continue watching
Mar 12 Trump's steel and aluminum tariffs meet swift retaliation from Canada and the EU By Lorne Cook, David McHugh, Rob Gillies, Associated Press Major trade partners swiftly hit back at President Donald Trump’s increased tariffs on aluminum and steel imports, imposing stiff new taxes on U.S products from textiles and water heaters to beef and bourbon. Continue reading
Mar 12 How steel and aluminum are a fundamental part of American life By Dee-Ann Durbin, Anne D'Innocenzio, Associated Press Steel and aluminum are ubiquitous in Americans’ lives. A stainless steel refrigerator holds aluminum soda cans. Continue reading
Mar 12 Trump's 25 percent tariffs on all steel and aluminum imports go into effect, raising fears of economic slowdown By Josh Boak, Paul Wiseman, Rob Gillies, Associated Press Trump has promised the taxes will help create U.S. factory jobs when his seesawing tariff threats are jolting the stock market and raising fears of an economic slowdown. Continue reading
Mar 11 Trump ups planned tariffs on Canadian steel and aluminum to 50 percent By Josh Boak, Associated Press President Donald Trump says the increase of the tariffs set to take effect on Wednesday is a response to the price increases that the provincial government of Ontario put on electricity sold to the United States. Continue reading
Mar 10 Watch 7:12 Ontario premier explains why he's slapping 25% surcharge on electricity to U.S. By Amna Nawaz, Stephanie Kotuby, Alexa Gold Markets plunged again as investors are worried about the economy and whether a recession is on the horizon. The trade war President Trump initiated with the country's top trading partners is a factor in the volatility. Ontario Premier Doug Ford… Continue watching
Mar 10 Canada's next prime minister says transition will be quick By Rob Gillies, Associated Press Mark Carney, a two-time central bank chief, will become prime minister after the governing Liberal Party elected him its leader Sunday in a landslide vote… Continue reading
Mar 10 Ontario announces 25 percent tax increase on electricity exports to U.S. in response to Trump's trade war By Rob Gillies, Associated Press Ontario provides electricity to Minnesota, New York and Michigan. Continue reading
Mar 10 Canada's new leader has managed a financial crisis and Brexit, now will face Trump's trade war By Rob Gillies, Associated Press Former central banker Mark Carney will become prime minister after the governing Liberal Party elected him its leader Sunday in a landside vote with 85.9 percent support. Continue reading
Mar 09 Mark Carney wins Liberal Party vote to replace Trudeau as Canada's prime minister By Rob Gillies, Associated Press Former central banker Mark Carney will become Canada’s next prime minister after the governing Liberal Party elected him its leader Sunday as the country deals with U.S. President Donald Trump’s trade war and annexation threat, and a federal election looms. Continue reading