Canada Financial News

05.03 / 01:27

markets Analysis Trade President War country reports Asian shares fluctuate on hints of tariff relief

global selloff in markets. Equities opened lower in Sydney and mixed in Tokyo after mayhem on Tuesday that saw a global index approach levels from the start of this year. Contracts for the S&P 500 rose 0.8% — after the index dropped 1.2% on Tuesday — echoing gains in late trading after Lutnick hinted at a compromise with Canada and Mexico. That was within hours of the US imposing the largest set of new tariffs in nearly a century on goods from its neighbors and China.

05.03 / 01:05

markets Target Action trends Trade show recommendations Stocks to buy: Raja Venkatraman recommends three stocks for today — 5 March

Subscribe to enjoy similar stories. On 4 March, the Sensex and Nifty declined due to the impact of new US tariffs on major trading partners such as China, Canada, and Mexico. These tariffs unsettled global markets and hurt investor confidence.

05.03 / 01:05

UPS Provident economy Trade President War If America slows, how might it hit India, others?

Subscribe to enjoy similar stories. Early indicators suggest that the US economy is slowing down. This, even before the adverse effect of President Donald Trump’s policies such as additional import tariffs kick-in.

05.03 / 00:33

markets Extreme Action security Trade President country Tariff offensive: US & partners trade fire

The actions, which could upend nearly $2.2 trillion in two-way annual trade, went live hours after Trump declared that all three countries had failed to do enough to stem the flow of the deadly fentanyl opioid and its precursor chemicals into the US. China announced additional tariffs of 10-15% on certain US imports from March 10. It also slapped export and investment curbs on 25 US firms on grounds of national security. «Trying to exert extreme pressure on China is a miscalculation and a mistake,» a foreign ministry spokesperson said in Beijing, adding that China had never succumbed to bullying or coercion.

04.03 / 22:55

COST UPS Ripple Analysis Trade President love Canada, Mexico tariffs create 'ripple effects' on consumer prices, economist says

Tariffs on Canada and Mexico took effect Tuesday — and they're bound to raise prices for consumers, sometimes in unexpected ways, according to economists.

04.03 / 20:11

Target economy Trade President War country Trump tariff news LIVE updates: Ontario Premier threatens to cut off electricity exports to US

Trump justifies tariffsTrump has defended the tariffs as necessary for national security and economic growth. "These tariffs will bring back American jobs, protect our industries, and force our trading partners to treat us fairly," he said in a press conference.He accused Canada and Mexico of failing to curb illegal immigration and drug trafficking, particularly fentanyl.

04.03 / 17:44

markets UPS Action economy Trade President War Posthaste: Canada should have the firepower to fight this trade war — but there's a catch

It looks like the trade war Canada has been fearing for weeks has arrived.

04.03 / 17:44

Provident CEO economy Trade President War country Trump's tariffs impede America's 'secret sauce,' RBC CEO says

United States President Donald Trump’s tariffs will “disproportionally affect the less fortunate” economically, says the head of Canada’s largest bank.

04.03 / 17:44

markets COST economy Trade President reports Relationships Trump confirms tariffs are coming: what you need to know

United States President Donald Trump’s proposed tariffs are expected to come into effect this week, a move that promises to have a wide-ranging impact on the Canadian economy and its relationship with its southern neighbour.

04.03 / 17:43

Dash Continental President War reports Updates U.S. launches tariff war, here's what Canadians need to know: live updates

Sweeping U.S. tariffs on Canadian goods went into effect today after U.S. President Donald Trump dashed hopes of a reprieve on Monday.

04.03 / 17:43

markets Manufacturing Strategy Opinion Trade War International Two-thirds of Canadian businesses say they can withstand a tariff war that lasts more than a year: survey

Two thirds of businesses say they can withstand a tariff war with the United States that lasts more than a year, according to a new survey released on Tuesday by KPMG in Canada.

04.03 / 13:51

markets UPS Analysis Trade President War country Dollar falls to three-month low as tariffs and growth fears rattle markets

President Donald Trump's new 25% tariffs on goods from Mexico and Canada took effect, along with a doubling of duties on Chinese goods to 20%, at 12:01 a.m. EST (0501 GMT).

04.03 / 10:27

markets Twitter FIVE CEO Remark Tesla SpaceX 'Are you working remotely?': Tesla investors are challenging Elon Musk using his own words. Here's why

Elon Musk? The simple answer is-Yes. As stock of Tesla continues to decline, the investors of the company are not pleased that their precious stock is taking a nasty hit and have expressed growing frustration with the same, marking its sixth consecutive session of losses. The automaker's shares fell for six straight days as of Thursday, continuing a remarkable decline of 25 percent since the start of the year. The losing streak finally came to an end on Friday, but it's a small reprieve amidst a lengthy slump. ALSO READ: Trade war and inflation: How Trump's tariffs on China, Canada and Mexico will ripple US economy

04.03 / 10:27

UPS Analysis Research trends Trade rights Rise in Asian peers helps rupee end higher even as US tariffs take effect

The imposition of U.S. trade tariffs on China, Canada and Mexico dampened risk appetite, triggering a decline in global stocks and bond yields. However, Asian currencies rose between 0.1% and 0.6%.

04.03 / 09:31

Trade President country Stocks plunge as Donald Trump slaps tariffs on US trading partners

Mexico and Canada have been subject to a 25% levy on exports to the US, with the exception of Canadian oil and energy products, which the US heavily imports and will instead receive a 10% tariff. The Trump administration has also implemented an additional 10% tariff on Chinese imports, on top of the 10% already imposed on the US' largest Asian trading partner last month. Trump to go ahead with Mexico and Canada tariffs from 4 March Speaking at a White House press conference on Monday (3 March), the president said: «Vast amounts of fentanyl have poured into our country from Mexico...

04.03 / 08:43

Strategy economy Align wellness Trade country International Geopolitics has cast a long shadow on the gravity model of world trade

Subscribe to enjoy similar stories. High-school physics textbooks tell us that the gravitational pull between two objects is determined by three factors—the weight of the two objects, the distance between them and a universal gravitational constant. The gravitational force is directly proportional to the mass of each object, while it is inversely proportional to the distance between them.

04.03 / 07:23

Manufacturing Research Trade Universities country consequences Schools How economists would enact Trump’s trade goals. Hint: not like this.

Subscribe to enjoy similar stories. With tariffs poised to take effect on Tuesday on products from Canada and Mexico, plus threats of levies on imports from the European Union, one thing is clear: President Donald Trump likes the number 25. All of those tariffs are set at 25%, assuming no last-minute deal to lower them.

04.03 / 07:23

markets Manufacturing economy Election Trade President country Canada and Mexico gambled on a free trade future. The bet is turning sour.

Subscribe to enjoy similar stories. Few countries have bet as heavily on free trade as Mexico and Canada. Now that President Trump says 25% tariffs will hit both countries Tuesday, their economies are facing a stress test that rivals the global financial crisis and the pandemic.

04.03 / 07:23

COST UPS Manufacturing economy Trade country reports Trump tariffs usher in new era of protectionism

Subscribe to enjoy similar stories. The U.S. economy entered a new era at 12:01 a.m.

04.03 / 07:19

markets UPS Analysis wellness Trade rights Strong dollar and FII exit posing challenges for India’s stock market: Seth R Freeman

«We are seeing what is going on already with equity markets going down, bond markets increasing a little bit already. Investors do not like uncertainty,» says Seth R Freeman, MD, GlassRatner Advisory. Like the way how Trump is making sure that all of us are up early, are Trump's moves giving you sleepless nights by any chance? Seth R Freeman: You want to wake up in the middle of the night and see the news. It has been constant now for the limited time that he has been the president. And now, he has the whole world shaken up.

04.03 / 05:39

markets COST Trade President Experts War Chicken, corn, and cotton: China slaps 15% tariff on US goods from March 10

A Trade War Reignited Just after midnight on Tuesday, the U.S. implemented sweeping tariffs on imports from China, Canada, and Mexico. These new levies push U.S. tariffs to historic levels, unsettling businesses and foreign governments alike. As of 12:01 a.m., the Trump administration imposed a 25% tariff on all imports from Canada and Mexico, while increasing tariffs on Chinese goods by an additional 10%, on top of existing duties.

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