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The Latest Breaking News from Canada

Stock Markets Rebound As Trump Pauses Tariffs On Automobile Industry

Wall Street bounced back Wednesday from consecutive bad days on news that President Donald Trump is pausing the potentially devastating automobile tariffs against Canada and Mexico.

International Business Times

Crude Oil Prices Fall Sharply on Energy Demand Concerns and Over-Supply Fears

April WTI crude oil (CLJ25 ) Wednesday closed down -1.95 (-2.86%), and April RBOB gasoline (RBJ25 ) closed down -0.0572 (-2.61%). Crude oil and gasoline prices retreated Wednesday, with crude falling to a 1-3/4 year low. Crude oil prices are under pressure as US tariff uncertainty weighs on the outlook...

Barchart

Deluge Of Trump Tariffs Seen Hitting Household Budgets

Consumer items ranging from avocados and strawberries to electronics and gasoline look poised for price hikes in the wake of President Donald Trump's tariffs on Mexico, Canada and China.

International Business Times

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Warren Buffet Compares Trump's Tariffs on Mexico and Canada to 'An Act of War'

Buffett has previously expressed concerns about tariffs, opposing Trump's trade proposals during the 2016 campaign, when he called them "a very bad idea"

Latin Times

Canada goose fights off bald eagle in rare, symbolism-laden battle on ice

Photographer captures 20-minute clash between birds emblematic of Canada and US amid high trade tensions

The Guardian - US

Crude Prices Plunge on Energy Demand Concerns and Over-Supply Fears

April WTI crude oil (CLJ25 ) today is down -2.91 (-4.26%), and April RBOB gasoline (RBJ25 ) is down -0.0942 (-4.29%). Crude oil and gasoline prices today are sharply lower, with crude sliding to a 1-3/4 year low. Crude prices are under pressure today as US tariff uncertainty weighs on...

Barchart

US Signals Possible Exemptions In Canada, Mexico Tariffs

US Commerce Secretary Howard Lutnick said an announcement on Canada and Mexico tariffs was expected later Wednesday, signaling potential relief for specific sectors such as automobiles, a day after the steep levies took effect.

International Business Times

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'Bear with me,' Trump says as both farmers and consumers brace for tariff effects

Farmers and meat producers across the U.S. can expect the new tariffs on Mexico, Canada and China and the retaliation to hurt their bottom lines by billions of dollars if they stay in place a while

The Independent UK

US Official Says Possible Canada, Mexico Tariff Relief On 'Categories'

International Business Times

‘The relationship is broken’: Canadians respond to Trump’s tariffs

Many plan to boycott US goods and say they will not cross the border while Trump is in office

The Guardian - UK

Trump temporarily spares carmakers from US tariffs on Canada and Mexico

After a call with top executives at GM, Ford and Stellantis, president approves one-month exemption from tariffs

The Guardian - US

Howard Lutnick Seems to Walk Back Trump's Hard Stance of Tariffs And Meet Canada, Mexico 'In Middle Some Way'

U.S. Commerce Secretary Howard Lutnick anticipated the possibility that President Donald Trump will announce a reduction of tariffs on Canada and Mexico

Latin Times

Farm certification could make Canada’s farms fairer for migrant workers

Amnesty International recently released a report criticizing Canada for labour migration policies and farm inspections that enable migrant farm worker exploitation. The report urges the Canadian government to abolish closed-work permits that tie migrant workers to a single employer.

The Conversation

Hopes of US golden age fade as investors start to worry about ‘Trumpcession’ risk

Tariffs are dampening consumer confidence and fears of a downturn seem to be weighing on the dollar

The Guardian - UK

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Al Jazeera

Which US states could be hit hardest by Trump’s Canada and Mexico tariffs?

Montana imports 93 percent of its goods from Canada and Mexico, the most of any state.

Radio France Internationale

Rwanda slams UK 'betrayal' as sanctions pile up from Canada, Germany over DRC conflict

A week after the announcement of British sanctions against Rwanda for its involvement alongside the M23 in the conflict in the east of the Democratic Republic of Congo, Kigali is complaining about what it sees as the UK's "betrayal". Meanwhile, Canada and Germany have also announced sanctions for the same…

MarketBeat

2 Energy Stocks to Play Both Sides of Tariff Uncertainty

Import tariffs on Mexico and Canada for 25% and an additional 10% on China has investors scrambling for shelter from the fallout, here's 2 stocks that can.

The Guardian - US

The 2026 Trade War World Cup captures our new nativist world order

The Trump administration’s tariffs have sparked tension with co-hosts Canada and Mexico. That’s bad news for a tournament that is supposed to unite nations

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International Business Times UK

New Trump Tariffs Imposed On China, Canada: Here Are the List Of Products That Might Get Affected

As the tariffs begin to take effect on Tuesday, some price hikes will be visible almost immediately, while others may take longer to reflect the higher costs.

Fortune

Trump may roll back Mexico and Canada tariffs as soon as today

Commerce Secretary Howard Lutnick hinted President Trump is already considering tariff concessions.

The Independent UK

Buffy Sainte-Marie speaks out as she returns her Order of Canada

Musician said she never claimed to be Canadian, following an investigation that called her purported Indigenous heritage into question

The Independent UK

Businesses scramble to contain fallout from Trump's tariffs on Canada, China and Mexico

A Minnesota farmer worries about the price of fertilizer

Fortune

Trump tariffs could 'wipe out' profits for GM, Stellantis and Ford, says analyst, and not even Tesla is entirely safe

If left in place, such high import duties would make Detroit's North American-centric business structurally unprofitable, warns Barclays investment bank.

Fortune

‘Now it’s our turn’ — Trump claims U.S. will use reciprocal tariffs on countries that strike back on his tax policies

CEOs of Fortune 500 companies have set up war rooms packed with risk analysis and policy experts to safeguard their businesses from the swings invoked by President Trump’s tariffs.

Reason

In Speech to Congress, Trump Promises More Tariff Madness

The tariffs Trump has already imposed on Canada, Mexico, and China will cost an estimated $142 billion this year—and he says more are on the way.

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