22 hours Ago By Star staff and wire services
On Wednesday, the Trump administration is expected to impose so-called “reciprocal” tariffs by increasing U.S. duties to match the tax rates that other countries charge on imports.
A pause on economy-wide tariffs on Canadian goods is also set to expire. Then tomorrow, a 25 per cent surcharge on cars and auto parts imported to the U.S.
will come into effect. Follow along for live updates and analysis from across the Star’s newsroom. Democrats in the U.
S. Senate are moving forward on a resolution to block sweeping tariffs targeting Canada as President Donald Trump presses Republican lawmakers to continue backing his trade agenda. Sen.
Tim Kaine plans to force a vote on Trump’s use of the International Economic Emergency Powers Act, also called IEEPA, to declare an emergency over fentanyl trafficking to hit Canada with devastating duties. “The president has justified the imposition of these tariffs on, in my view, a made-up emergency,” Kaine said Tuesday. Read the full story from the Canadian Press On the eve of a new and wider round of American tariffs that U.
S. President Donald Trump has billed as “Liberation Day,” world leaders are increasingly divided into two camps. There are those, like Canada, who are bracing for a long and bruising trade war.
And there are others making concessions, or convinced they can negotiate their country’s way clear of tariffs, the economic punishment Trump is inflicting to overhaul trading relationships and lure businesses and jobs to the U.S. Canada has served as a near-solitary soldier on the front lines of the looming global trade war for weeks now, an example for all the world to see.
Read the full story from the Star’s Allan Woods Donald Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs, or taxes on imports from other countries, that he says will free the U.S. from a reliance on foreign goods.
(AP Video: Nathan Ellgren / April 1, 2025) U.S. President Donald Trump on Monday provided few details of his plan this week to upend global trade through “reciprocal” tariffs as the White House confirmed there’s been no decision on whether a pause on economy-wide duties against Canada will be lifted.
Read the full story from the Canadian Press Uncertainty still looms for Canada in what’s set to be a monumental week for U.S. President Donald Trump’s tariff plan.
With multiple categories of American import taxes set to take effect, some Canadian industries are waiting to find out if and how they might be affected. What to watch for this week As the trade wars launched by U.S.
President Donald Trump continue to escalate, all eyes are on Wednesday. Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs, or taxes on imports from other countries, that he says will free the U.S.
from a reliance on foreign goods. Associated Press reporter Seung Min Kim explains. (AP Video / March 31, 2025) Conservative Leader Pierre Poilievre says the Canada-U.
S. relationship can be salvaged, while Liberal Leader Mark Carney says it’s basically “over” and time to seek allies elsewhere. That’s the key difference in the approach of the two major party leaders toward how they propose to deal with U.
S. President Donald Trump and his short- and long-term threats to Canada’s economy and independence. Carney says if Trump can be persuaded to reach a new comprehensive economic and security agreement with Canada, he is willing to negotiate with the U.
S., but his sights are already on Europe. Poilievre says if Trump cannot be persuaded to drop threatened tariffs, he too is keen to find other dance partners.
All major party leaders in Canada call Trump’s tariffs “unjustified.” But their language on the campaign trail reflects that they see the future through different prisms. Read the full analysis from Tonda MacCharles President Donald Trump’s fast-approaching “Liberation Day” sent stock markets swinging sharply worldwide on Monday.
On Wall Street, the S&P 500 rose 0.6 per cent in another roller-coaster day, after being down as much as 1.7 per cent during the morning.
(AP Video / March 31, 2025).
