Canada Financial News

United States President Donald Trump said Monday night that he thinks a 25 per cent tariff on Canadian imports could go into effect on Feb. 1, capping a roller-coaster first day in office in which no specific tariff measures were implemented.

Pimco head of U.S public policy Libby Cantrill shares what she expects President-elect Trump to accomplish on his first day back in office on ‘Barron’s Roundtable.'

capital on Tuesday, according to the All India Sarafa Association. The precious metal had closed at Rs 82,000 per 10 grams on Monday. Gold of 99.5 per cent purity increased by Rs 100 to Rs 81,700 per 10 grams. It had settled at Rs 81,600 per 10 grams in the previous trading session.

BEIJING — Chinese Vice Premier Ding Xuexiang warned there are «no winners» in a trade war, as the world's second-largest economy faces the possibility of tariffs under the freshly-inaugurated administration of Donald Trump.

Donald Trump vowed to impose steep tariffs of 10% to 20% on global imports into the US and 60% on goods from China on his first day in office to help reduce a trade deficit that now tops $1 trillion annually. Trump had promised nearly 100 executives on his Day 1 as the president and imposition of tariffs was expected to be one of those major orders. «We should expect some fairly rapid moves on tariffs because contrary to what a lot of the commentaries are expecting, what we are likely to see from Donald Trump is 'tariffs-first talk-later' rather than using the threat of tariffs to bring people to the table, impose the tariffs first, ratchet them back in return for concessions,» Alastair Newton, CEO, Alavan Business Advisory, had told ET Now.

Trump returned to the White House on Monday with an ambitious agenda spanning trade reform, immigration, tax cuts and deregulation. He did not target China in his inauguration speech nor did he immediately impose tariffs as previously promised, sparking a relief rally in global stocks and a drop in the dollar.

Donald Trump has officially returned as the President of the United States, and his first day in office was packed with a “historic” flurry of big decisions including ones with potential to change the course of technology as we know it.

Dominican Republic, according to his family, one week after they say his skull was cracked in what his mother alleges was an assault in a bar at the resort they were staying at.“I just want to get back to Canada as soon as possible with him,” Cindy Rowan told Global News on Friday while speaking about the ordeal facing her son Chase Delorme-Rowan.On Monday, Rowan said her son remains in hospital and is still not able to be flown back to Edmonton where he and his family live, so she has rented a room near the hospital so she can be by his side.Rowan said she gave Chase, 18, and his two siblings permission to go to a bar on the resort on Tuesday since they were all of age.“I thought it was a safe place so I let them go,” she explained.Rowan said she received a phone call just after midnight that something was wrong with her son.She asked his brothers to bring him back to the room but she soon realized the severity of the situation.“My son’s like, ‘Mum, there’s something seriously wrong with Chase… He’s not waking up, there’s blood coming out of his mouth.’ And I’m like, ‘What? What do you mean?'”Rowan said she and her husband ran to the bar and arrived at the same time as an ambulance to see her son in distress and a number of panicked people looking on.She said her son had to wait to get surgery once he arrived at the hospital because the staff there were trying to confirm his insurance would cover any help he required.“They removed a blood clot the size of a grapefruit from his skull,” Rowan recalled.

Canadians are watching their finances for any impacts as President Donald Trump takes back the reins of government in the United States.

Subscribe to enjoy similar stories. Donald Trump started his new presidential term with an unexpected show of restraint. Just a couple of months ago, Mr Trump had warned that he would announce hefty new levies on his first day back in the White House.

Donald Trump said Monday he may impose 25 percent tariffs on Canada and Mexico as early as February 1, while promising punitive measures on other countries as part of new US trade policy.

Canadian leaders expressed relief that sweeping tariffs were not applied to Canadian products on the first day of Donald Trump’s presidency and that he did not mention America’s major trading partner during his inaugural speech

Subscribe to enjoy similar stories. As Donald Trump starts his second innings as US president, the world waits with bated breath—and nervously—to see if he will translate his disruptive campaign ideas into action. Mint looks at how his policies could play out for the world’s largest democracy.

Ontario Premier Doug Ford says he’s told the LCBO to clear U.S. booze from its shelves if Donald Trump imposes sweeping tariffs as he’s threatened to do.

Donald Trump will issue a broad trade memo on Monday that stops short of imposing new tariffs on his first day in office but directs federal agencies to evaluate U.S. trade relationships with China, Canada and Mexico, an incoming Trump administration official said, an unexpected development that triggered a dive in the dollar and a rally in global stocks.

President-elect Donald Trump is poised to sign a flurry of executive orders as soon as he's sworn in, but imposing tariffs on U.S. trading partners won't be one of the actions Monday.

Trump presidency will entail — both for itself and America.

Subscribe to enjoy similar stories. The second US presidency of Donald Trump will be the most consequential for any president after World War II. This assessment, shared by many analysts, is best articulated by conservative columnist David Brooks.

The Canada Food Inspection Agency (CFIA) has recalled a brand of mini pastries amid a salmonella outbreak that has sickened 61 people in five provinces.

Donald Trump’s victory in the November US presidential election sparked an immediate rally in markets, with stocks flying, the dollar soaring and Bitcoin leaping off the charts. But just two months later, the Republican is set to return to the White House, and only some of those trades endure.

Abhay Singh, who is famously known as "IITian Baba" at the Mahakumbh in Prayagraj, has captured the attention of many with his unusual journey from an aerospace engineer to a monk. Originally from Haryana’s Jhajjar district, Abhay was once a high-flying professional with a degree in aerospace engineering from IIT Mumbai. His transformation from an engineer to a spiritual seeker is a story of academic brilliance, professional success, and a deep spiritual awakening.