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Agriculture Ministers from G20 criticise protectionism
Agriculture ministers from the G20 countries criticized protectionism and vowed to reform World Trade Organization (WTO) rules. The meeting in Buenos Aires came amid rising trade tensions with China and the US placing retaliatory tariffs...
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Pricier iPhones Lead Apple to Beat Earnings Expectations
Apple shares rose after-market after the company posted better than expected earnings and revenue for its latest quarter. The company sold fewer of its flagship iPhones but at a higher price, helping revenues top $53 billion. Sales from...
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Trump Administration Could Raise China Tariffs to 25%
Trade tensions continue to rise between China and the U.S. as White House advisors are encouraging President Trump to raise tariffs on Chinese goods to 25 percent. Cheddar's J.D. Durkin digs into the details and how companies are reacting.
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China says new U.S. trade tariffs will harm the world
China has said it will have to take what it called necessary counter-measures after the U.S announced plans for more tariffs on imports. The Asian giant says it's shocked and that the proposals will harm the world. It's been just a few...
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EU and Japan sign historic trade deal
The EU and Japan have signed a major trade deal, sending a message against protectionism to the US President. In a tweet, the European Commission President Jean-Claude Juncker said "there is no protection in protectionism." Council...
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Auto tariffs
Jacqueline Hansen reports on critical day for the Canadian auto industry as the U.S. weighs the imposition of tariffs
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Trump Says He's 'Ready' to Slap Tariffs on All Chinese Imports, As Prices For Goods Rise
The president, in an interview with CNBC on Thursday, said he's looking to tax every single Chinese good that enters the company, which amounts to $505 billion. The tariffs would come at a time when prices for common consumer products --...
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Trumps imported car tariffs are under fire
U.S. President Donald Trump's administration has come under fire for considering tariffs of up to 25% on imported cars and parts. This would have a huge impact not only on European car makers, but also on national economic outputs of the...
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Trump's auto tariffs face opposition from U.S. industry
It comes as the U.S. Department of Commerce holds a public hearing on whether imported cars are what Trump claims they are: a national security threat.
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Trump's 'Ready' to Slap Tariffs on All Chinese Imports
The president, in an interview with CNBC this week, said he's looking to tax every single Chinese good that enters the U.S., which amounts to $505 billion. The tariffs would come at a time when prices for common consumer products,...
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Does Trump want to strike trade deal with EU's Juncker?
Amid turbulent, transatlantic trade relations, sparked by US tariffs on EU steel and aluminium, EU Commission President Jean-Claude Juncker will try and calm things down in Washington. But Juncker, who last week signed a new economic...
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EU Threatens U.S. With More Tariffs If Trump Doesn't Back Down
The European Union's top official for trade said the bloc is ready to slap tariffs on another $20 billion worth of American goods if President Trump goes ahead with proposed taxes on imported European cars. The trade representative,...
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Reasons to Buy the Next Market Dip
Stocks dipped today after the White House threatened to impose a new set of tariffs on China on $200 billion worth of goods. However, Kate Warne, investment strategist at Edward Jones, says this could be an opportunity for investors....
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Markets Shrug Off Trade Fears to Start Q3
U.S. markets reversed early losses Monday, the first trading day of the third quarter, despite concerns over trade policies. Over the weekend, tariffs from Canada kicked in, and the U.S.'s largest business group criticized the Trump...
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Canada's international trade challenges
Canada's international trade challenges are getting more complicated by the day. CBC's Catherine Cullen reports.
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Russia Challenges Trump Tariffs, But Will the White House Budge?
Seven complains so far have been filed against the Trump administration’s tariffs on steel and aluminum, but it may be years until a ruling comes down. “Even if they do eventually come to a conclusion, Trump might just say, ‘Well, that’s...
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Steel hit
CBC's Katie Simpson on how tariffs are impacting the Canadian firm that helped build the World Trade Centre.
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Steel tariffs already affecting Canadian manufacturer
The U.S. steel tariffs are already affecting one Canadian manufacturer in Quebec.
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The Trade War Begins: U.S. and China Tariffs Take Effect
U.S. tariffs on $34 billion worth of Chinese goods went into effect early Friday, prompting China to respond in kind, escalating tensions between the two countries into what Beijing describes as "the biggest trade war in economic...
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EU says US-Chinese trade tariffs "bad for world trade"
After their tit-for-tat trade tariffs came into effect on Friday China accused the US of triggering the "largest-scale trade war." But the EU gave a more muted reaction. Trade commissioner Cecilia Malmstrom tweeted that it's a worrying...
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How the Trade War Will Affect Millennials
The U.S. tariffs on Chinese products that kicked in on Friday are specifically targeted at high-tech goods, an attempt to crack down on alleged intellectual property theft. But they could end up raising the cost of products like...
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U.S. Adds Jobs in June, But Trade War Could Slow Growth
Although the recent job report showed the U.S. economy added 213,000 jobs in June, the trade war is predicted to have a significant impact on the economy. "Unless we get either isolated resolutions of these disputes or global resolutions...
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U.S. Cheese Producers Caught In Crossfire Of Trade War
American cheese producers that rely heavily on exports are already feeling the impact of tariffs on their products, forcing them to reconsider their strategy completely, says Heather Hadden, a reporter for the Wall Street Journal.
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Auto dealers’ warning on tariffs
If President Trump makes good on his threat to add tariffs on cars and car parts, the price of a car could spike by $9,000.