Why 2026 Will Be Another Rocky Year for Global Trade
After a year of tariffs in 2025, global trade braces for the consequences in 2026. Key challenges include CUSMA review, supply chain shocks, and shifting trade patterns. Read the analysis.
Category : Search result: tariff consequences
FedEx Error Leads to $802 Tariff on $30 Canadian Barbie
A Boston grandmother was shocked by an $802 tariff bill for a $30 Barbie shipped from Nova Scotia after a FedEx customs form error. The carrier has now removed the charge.
Trump Tariff War Voted Top Canadian News Story of 2025
The Canadian Press has selected the escalating trade conflict with the U.S., marked by President Trump's aggressive tariffs, as the defining news story of 2025. Explore the impact on Canada's economy and the diplomatic response.
Companies recoup some tariff costs in market
A new report details how companies are navigating complex markets to recover a fraction of tariff expenses. Learn the strategies and economic impacts for Canadian businesses.
Canada's vital 2025 tariff exemption at risk in 2026
A crucial tariff exemption saved Canadian businesses in 2025, but experts warn it's 'absolutely' at risk next year. Learn about the looming trade threat.
Feds give $1M to Leduc oilfield tool manufacturer
The federal government has granted $1 million to a Leduc, Alberta, oilfield tool manufacturer through a program designed to mitigate the impact of tariffs. This investment aims to bolster the local energy sector and protect jobs.
Coffee Prices to Rise in U.S. Despite Tariff Reset
American coffee drinkers will face higher prices at cafes and stores, even after former President Trump's recent tariff reset. Get the details on the economic factors at play.
Ford calls anti-tariff ad 'best ever' with Carney present
Ontario Premier Doug Ford praised an anti-tariff commercial as the 'best ad ever' during a joint appearance with Prime Minister Mark Carney in Ottawa. The event highlighted federal-provincial collaboration.
Three London manufacturers receive federal funding support
Three London manufacturing firms secure federal funding to strengthen operations against trade challenges. MP Kayabaga announces support during tour of local facilities.
Trump's $30B 'Tariff Shelf' Claim Faces Scrutiny
President Trump's repeated story about finding $30 billion on a 'tariff shelf' is dismissed by critics and economists. We examine the facts behind the dubious claim and its implications.
Algoma Steel lays off 1,000, cites U.S. tariffs
Algoma Steel CEO Michael Garcia says U.S. tariffs have closed the American market, forcing 1,000 painful layoffs. Get the full story on this major blow to Northern Ontario's economy.
Costco Sues Over Trump Tariffs for Refund Guarantee
Costco and dozens of other major companies are suing the Trump administration to secure refunds if the Supreme Court strikes down controversial global tariffs. Read the latest on this high-stakes trade battle.
Costco sues U.S. to preserve tariff refunds
Retail giant Costco takes legal action against the U.S. government to secure refunds for tariffs if President Trump loses a Supreme Court appeal. Get the full story on this major trade dispute.
Economist Calls Trump's Economic Claims 'Nonsense'
University of Michigan economist Justin Wolfers dismantles Donald Trump's recent economic boasts, calling them misleading and highlighting weak consumer confidence. Read the full analysis.
Steel industry praises federal measures, wants tariff changes
Canada's steel sector welcomes new federal support measures while calling for an end to the tariff remission program. Industry leaders seek competitive balance.
Swiss Probe Trump Gifts: Rolex Watch & Gold Bar
Swiss prosecutors examine whether gifts to Donald Trump violated anti-bribery laws after tariff deal. Two lawmakers demand investigation into Rolex watch and gold bar.
Republican Senator Rejects Trump's $2,000 Tariff Checks
Wisconsin Senator Ron Johnson opposes President Trump's proposal for $2,000 tariff dividend payments, warning about the growing U.S. deficit and calling the plan unaffordable.
Companies Tone Down Price Hikes as Tariff Fog Clears
Major corporations are scaling back price increase discussions as international tariff uncertainties resolve. Learn how this shift impacts Canadian consumers and the global economy.
Ottawa's Beef Import System Keeps Prices High
An exclusive investigation reveals how Canada's outdated beef import permit system, controlled by a small group, is deliberately keeping prices high for consumers. Learn the facts.
Paterson on Hoekstra after tariff ad altercation
Ontario's Washington representative David Paterson comments on U.S. Ambassador Pete Hoekstra following their dispute over anti-tariff advertisements. Read the latest developments.
Brazil hails U.S. tariff rollback as significant progress
Brazil welcomes U.S. tariff reductions as significant trade progress while seeking additional exemptions. Latest developments in international trade relations between the two nations.
Trump tariff cut may ease U.S. coffee, beef prices
President Trump's removal of a 40% tariff on Brazilian coffee and beef is expected to bring relief to U.S. consumers facing soaring prices and supply shortages.
U.S. Ambassador: Canada meddled in American politics
U.S. Ambassador Pete Hoekstra says Canada's anti-tariff ads set a 'new precedent' for political interference. Read about the diplomatic fallout and trade implications.
GOP Rejects Trump's $2000 Check Proposal
Republicans reject Trump's plan for $2000 household checks, citing inflation and debt concerns. Learn how this populist proposal divides the GOP on economic policy.
Trump's $2,000 Tariff Checks Require Legislation
Treasury Secretary Scott Bessent clarifies Trump's promise of $2,000 tariff dividend checks, noting they require congressional approval and would target working families with income limits.
Premiers report positive meeting with PM, tariff relief coming
Canadian premiers announce constructive talks with Prime Minister Mark Carney, signaling potential tariff relief measures ahead. Read the latest developments in federal-provincial relations.
Webinar to help Windsor-Essex businesses with tariffs
Invest WindsorEssex and Windsor Essex Chamber of Commerce host webinar to support local businesses affected by tariffs. Learn strategies to navigate trade challenges.
Canadians cutting holiday spending due to stress
Canadian shoppers plan to reduce holiday spending due to economic stress and tariff uncertainty. Learn how financial pressures are changing festive traditions across Canada.
Canadians cutting holiday spending amid economic worries
Canadian consumers plan to reduce holiday spending due to economic pressures and tariff uncertainty. Discover how shoppers are adapting their budgets for the 2025 season.
Trump lifts tariffs on beef, coffee to cut prices
President Trump signs an executive order removing tariffs on beef, coffee, and tropical fruits. This move aims to address high consumer prices and follows recent election outcomes. Learn more about the policy shift.
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