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The Latest Breaking News from Canada

Canada is now in a trade war with the U.S. — here’s what you need to know to prepare for it

United States President Donald Trump has officially imposed 25 per cent tariffs on Canadian and Mexican imports, sending shockwaves through Canadian consumers and businesses.

The Conversation

Musk Gets Fact Checked By His Own Social Media Platform After Echoing Trump Claim: 'American Banks Do Business In Canada'

Elon Musk was fact-checked by X's Community Notes after supporting Trump's false claim that "Canada doesn't allow American Banks to do business in Canada"

Latin Times

Trump’s Trade War Targets Your Groceries

A trade spat is unraveling with the United States' top trading partners, and it will likely affect you.

Kiplinger

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Trudeau addresses Trump directly as he rips into his ‘dumb’ tariffs

Mexico, Canada, and China all plan to hit U.S. with retaliatory tariffs in response to Trump’s policies

The Independent UK

Justin Trudeau Issues Direct Statement to Americans Blaming 'Your Government' For Ongoing Trade War

"The U.S. launched a trade war against Canada, their closest ally, their closest friend, at the same time they are talking about working positively with Russia," Trudeau said. "Make that make sense."

Latin Times

Trudeau condemns ‘dumb’ Trump trade war as Canada strikes back with tariffs

Canada’s prime minister says the US president wants to usher in the ‘complete collapse’ of the Canadian economy

The Guardian - US

Tariffs Have Arrived. Here's How Automakers Are Reacting

Update: President Trump has already issued an exemption for automakers on the 25-percent tariffs for Canada and Mexico. Speaking to the press on March 5, White House Press Secretary Karoline Leavitt confirmed Trump issued a month exemption for automakers, provided they comply with terms of the US- Mexico-Canada Agreement (USMCA)…

Motor1

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Colin Tilney obituary

Harpsichordist who recorded the instrument’s major works and encouraged new pieces for early keyboards

The Guardian - UK

Carlyle CEO Harvey Schwartz tells investors to ‘buckle up’ for tariff uncertainty as stock market wipes away ‘Trump rally’ gains

A former Treasury secretary and famed investors shared their perspectives as Canada, Mexico, and China moved to retaliate.

Fortune

Trump’s tariffs will harm UK and lead to higher inflation, admits Rachel Reeves

US president facing retaliation from Canada and China after imposing long threatened tax on goods amid fears of a global trade war

The Independent UK

Global Trade Tensions Weigh on Crude Prices

April WTI crude oil (CLJ25 ) today is down -0.78 (-1.14%), and April RBOB gasoline (RBJ25 ) is down -0.0155 (-0.71%). Crude oil and gasoline prices today extended Monday's losses, with crude falling to a 2-3/4 month low. Crude prices are under pressure today due to concerns that escalating global...

Barchart

Prepare your wallets for Trump's tariffs

Cars, gas and groceries are among the items that could be costlier

Salon

Canadian prime minister Justin Trudeau hits out at Donald Trump’s ‘dumb’ tariffs in direct message to president

Justin Trudeau hit out at Donald Trump’s "dumb" tariffs on Canada as he announced his own retaliatory tariffs in response on Tuesday, 4 March.

The Independent UK

Livestock Futures Hit Hard by Trump’s New Tariffs. Why Markets Are Likely Overreacting.

History shows us that futures markets prices tend to have knee-jerk, extreme reactions to fundamental events.

Barchart

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Fortune

Trump’s tariffs have Wall Street analysts distraught

The consensus? Tariffs are mostly bad news.

Barchart

Stocks Extend Losses as Global Trade Tensions Escalate

The S&P 500 Index ($SPX ) (SPY ) today is down -1.75%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.80%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.40%. March E-mini S&P futures (ESH25 ) are down -1.74%, and March E-mini Nasdaq futures...

Top News

Canada Imposes 25% Tariffs On American Goods

Canadian Prime Minister Trudeau announces 25% tariffs on US goods in response to US tariffs, escalating trade tensions.

The Guardian - US

US consumers warned to brace for higher prices due to Trump’s tariffs

Prices ‘highly likely’ to rise almost immediately, retailers say, after 25% duty hits exports from Mexico and Canada

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The Independent UK

Watch live: Justin Trudeau announces Canada’s response to Donald Trump’s tariffs

Watch live as Canadian prime minister Justin Trudeau announces his country’s response to Donald Trump’s imposed tariffs.

The Independent UK

‘They need to feel the pain’: Canadian lawmaker threatens to switch off energy to US over tariffs war

Canada is the leading source of U.S. crude oil imports, imposing tariffs will likely raise prices for Americans and Canadians

The Independent UK

Stock market finishes roller-coaster day down 670 points as Wall Street reacts to Trump’s tariffs

Wall Street had a negative reaction as Trump’s tariffs on Canada and Mexico began

The Independent UK

Mexico to impose retaliatory tariffs on US following China and Canada as trade war heats up

Mexico will respond to 25% tariffs imposed by the United States with its own retaliatory tariffs on U.S. goods

Al Jazeera

Canada’s Liberals bounce back after years of decline. What’s going on?

Polls show Liberals closing gap with opposition Conservatives as Trump’s threats, Trudeau’s resignation shake things up.

The Guardian - AU

Trump’s trade adviser says Australia is waging a ‘frontal assault’ on US aluminium markets. What’s really going on?

Peter Navarro claims aluminium makers in Australia are undermining the US. Are they really?

InsideEVs

Tariffs Could Push U.S. Car Prices Up By $12,000

Today is the day when the 25% import tariffs that President Donald Trump has been threatening the United States’ northern and southern neighbors are supposed to take effect. This is expected to raise the price that U.S. consumers pay for cars made in Canada and Mexico by over $12,000 for…

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