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 tensions
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.
U.S.-Venezuela Tensions: What It Means for Canada
Rising tensions between the U.S. and Venezuela over oil resources and seized tankers could have significant ripple effects for Canada's energy security and foreign policy. Analysis of the potential impacts.
U.S. Seizes Venezuelan Oil Tankers Amid Rising Tensions
As U.S. forces intercept Venezuelan oil shipments, experts debate Washington's true motives: oil, regime change, or a geopolitical struggle with Russia and China?
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.
Gold Nears $4,500 as Investors Seek Safe Haven
Gold prices hover near record highs of US$4,500 an ounce. Discover how Canadian investors are buying gold and the key factors, from U.S. monetary policy to geopolitical tensions, driving this historic rally.
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.
Trump holds event with Rubio, Hegseth as Venezuela tensions mount
U.S. President Donald Trump held a political event with Senator Marco Rubio and Pete Hegseth during his Florida vacation, as diplomatic tensions with Venezuela escalate. Details from the AP report.
Gold, Silver Hit All-Time Highs as Geopolitical Risks Rise
Gold and silver prices surged to unprecedented levels, driven by escalating global tensions and expectations of U.S. Federal Reserve rate cuts. Discover the factors fueling this historic rally and what it means for investors.
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.
Iran, U.K. Foreign Ministers in Rare Direct Contact
In a significant diplomatic move, the foreign ministers of Iran and the United Kingdom engaged in rare direct communication. This contact marks a potential shift in bilateral relations during a period of heightened global instability.
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.
Carney meets premiers on trade, pipeline issues
Mark Carney held his first virtual meeting with Canada's premiers since the Ottawa-Alberta MOU. Talks focused on pipeline tensions, U.S. tariffs, and economic uncertainty. Read the latest.
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.
U.S. $10B+ Arms Sale to Taiwan Announced
The U.S. has approved a major arms sale to Taiwan valued over US$10 billion, a move certain to escalate tensions with China. Get the details on the deal and its geopolitical implications.
Turkey Warns Russia, Ukraine After Black Sea Drone Incident
Turkey warns Russia and Ukraine over Black Sea security after shooting down an unmanned aerial vehicle, urging restraint to prevent regional escalation. Read the latest.
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.
Trinidad and Tobago opens airports to U.S. military
Trinidad and Tobago grants U.S. military access to its airports as regional tensions with Venezuela escalate. The move follows recent military exercises in the Caribbean nation.
Japan, Australia urge calm after Chinese radar locks on jets
Japan and Australia call for restraint after Chinese warship radar locks onto Japanese fighter jets, escalating regional tensions. Details on the incident and diplomatic response.
UN Team Evaluates Lebanon-Israel Border Post-Withdrawal
A UN delegation, led by Slovenia's Samuel Zbogar, is in Lebanon examining security options for the volatile border area with Israel following the departure of peacekeepers. Details on the mission's goals and regional implications.
Trump Praises Canada, Mexico at World Cup Draw
Donald Trump praised cooperation with Canada and Mexico at the 2026 FIFA World Cup draw, highlighting a stark contrast to ongoing disputes over trade and immigration policy.
London's Response to Trade War Impacts
London, Ontario officials and businesses are evaluating the local consequences of international trade tensions. Discover how the city is responding to economic shifts.
Oil Climbs as Traders Weigh Tensions Against Surplus
Oil prices rose in volatile trading as geopolitical risks clashed with signs of a growing market surplus. WTI gained 1.6% while Saudi Arabia cut prices to Asia. Explore the factors driving the market.
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.
Mass protests in Croatia against far-right surge
Thousands marched in Zagreb protesting Croatia's far-right surge following incidents targeting ethnic minorities and liberals. Read about the growing tensions.
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