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European Union hits pause on planned retaliatory tariffs for U.S.
The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty duties he had just imposed on dozens of countries, European Commission chief Ursula von der Leyen…
U.S. bond sell-off drives market worries around the world
U.S. government bonds underwent a big sell-off early Wednesday, signalling investors were dumping the usually safe assets as tariff turmoil continues to rock the world.After approaching 4.5 per cent in the morning, the yield — or…
North American stocks rise, then drop again after another day of tariff
U.S. stocks dropped Tuesday after a second day of stunning reversals brought on by tariff unease.The S&P 500 fell 1.6 per cent Tuesday after wiping out an early gain of 4.1 per cent, which had it on track for its best day in years.…
As tariffs roil the markets, here’s why some sectors are faring worse than
Stock markets sank for the third day Monday after U.S. President Donald Trump announced sweeping global tariffs last week, and no one is coming out unscathed — but some sectors are seeing more volatility than others.All three major U.S.…
Stock market drops again after brief rise as Trump remains committed to
Stocks are sharply swinging down, up, then down again on Wall Street as markets try to assess the potential damage from U.S. President Donald Trump's global trade war.The Dow Jones Industrial Average briefly erased a morning loss of…
As U.S. tariffs roil markets, Canadian businesses build on European ties at
In a sprawling exhibition centre in Hanover, Germany, thousands of businesses, including 250 from Canada, are taking part in one of the world's largest trade fairs focused on industrial technology and innovation. Rows of booths and…
Why Canada is on the cusp of a housing construction crisis
Housing is about to get a lot more expensive in the next decade if the federal government does not revamp its immigration program bringing in skilled workers, according to the construction industry. "We're really struggling with getting…
Deadline for TikTok sale extended by 75 days, as Trump vows to work with
U.S. President Donald Trump extended a deadline by 75 days for Chinese technology company ByteDance to sell U.S. assets of popular short video app TikTok to a non-Chinese buyer or face a ban that was supposed to have taken effect in…
Market sell-off deepens following China’s retaliation against Trump tariffs
Stock markets worldwide are careening even lower Friday after China matched U.S. President Donald Trump's big raise in tariffs in an escalating trade war. Not even a better-than-expected report on the U.S. job market, which is usually…
Suffering from a case of tariff whiplash? Here’s what you need to know
The Trump administration announced a new suite of trade measures on dozens of countries Wednesday. And if the new rules have your head swimming, you're not alone.In short, Canada was spared the worst of it, but the current measures will…