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As Donald Trump continues to reshape the global economic order, one veteran Canadian economist says the U.S. president’s “Liberation Day” announcement did nothing to lessen the uncertainty that’s been pummeling markets and economies for weeks.
Microsoft Corp. has pulled back on data center projects around the world, suggesting the company is taking a harder look at its plans to build the server farms powering artificial intelligence and the cloud.
Mercedes Benz Group AG is considering shifting the production of another vehicle model to the U.S. in response to Donald Trump’s 25 per cent auto tariffss.
There is nowhere to hide in the auto industry from U.S. President Donald Trump’s auto tariffs, according to former Ford CEO Mark Fields.
U.S. President Donald Trump’s shake-up of the global trading system is hurting U.S. assets more than those in many of the big economies he has just slapped with additional tariffs.
Sweeping new tariffs announced Wednesday by U.S. President Donald Trump provoked dismay, threats of countermeasures and urgent calls for further negotiations to make trade rules fairer.
The notion that Canadian companies can simply switch supply chains in response to American tariffs is a fantasy, experts say.
At least one group of investors was ready for U.S. President Donald Trump’s Wednesday tariff announcement: hedge funds, which offloaded equities at a record pace.
A gauge of the U.S. dollar slid to a five-month low as traders braced for the impact of higher U.S. tariffs on the economy.
The European Union needs to scale back its dependence on U.S. military equipment as it digests the impact of President Donald Trump’s decision to hit trade partners with punishing tariffs, the bloc’s top foreign policy official said.
Companies globally have been quietly shifting production to avoid the tariffs U.S. President Donald Trump slapped on China during Trade War 1.0. Now, the president’s “Liberation Day” levies are skewering that strategy.
France is pushing for the European Union to hit U.S. tech companies in response to President Donald Trump’s tariffs, in a move that would broaden the trade war to the vast services sector.
US President Donald Trump imposed a 50% reciprocal tariff on the tiny southern African mountain kingdom of Lesotho, the highest levy for any sovereign nation.
Commodities from oil to industrial metals to grains slipped as President Donald Trump’s tariff onslaught ratcheted up a trade war that threatens to hurt the global economy and demand for raw materials. Gold steadied after hitting a fresh record high.
A massive arbitrage trade that has drawn tens of billions of dollars’ worth of gold and silver to the US came to an abrupt halt with Wednesday’s announcement that precious metals would be exempt from Donald Trump’s sweeping tariffs.
U.S. President Donald Trump announced sweeping reciprocal tariffs Wednesday. He also unleashed a baseline 10 per cent fee on all imports, but a fact sheet from the White House states Canada is exempt.
