Trump Heads Toward Tariff Barrage on Canada, Mexico, China
Canada and Mexico have both worked to head off tariffs, though what more they can do isn’t clear. Canada appointed a fentanyl czar and dedicated new measures to border security, as Trump had asked.
Bessent Says He Sees Inflation Reaching Fed's 2% Target Quickly
Bessent was responding Sunday to data in a CBS News poll published Sunday. While 82% said inflation should be a high priority for Trump, only 29% said they think he is prioritizing it “a lot,” ...
Europe's nightmare is here: They have to fight Putin without the U.S.
In the short term, there are holes in Europe’s capabilities that are plugged by the U.S. And even if they can muster the funds and the manufacturing capacity to supply Ukraine, U.S. capacity in areas ...
Trump Orders Investigation Into Lumber Ahead of Likely Tariffs
US President Donald Trump is ordering the Commerce Department to launch an investigation into the national security harm posed by lumber imports, laying the legal groundwork for new tariffs he’s ...
Frustrated filling out tax forms? FP Video talks to the experts
With tax season underway, FP video guests have some tips on filing your 2024 income taxes, and how U.S. President Donald Trump’s tariff threats might impact Canadian banks. Kelley Keehn, co-founder of ...
Canada open to conversation on KXL, but not until threat of tariffs is dropped, minister says
Natural Resources Minister Jonathan Wilkinson says Canada is open to having a conversation about reviving the Keystone XL ...
‘Everyone's in crisis mode’: How Canadian companies are rushing to prepare for day one of Trump's tariffs
For the past month, customs broker Steve Bozicevic has been receiving constant inquiries from Canadian companies asking about harmonized tariff schedule (HTS) codes, ten-digit figures that identify ...
Bessent Says Housing Will 'Unfreeze' in Weeks, Sees 2% Inflation
The Treasury chief spoke hours after the Fed’s preferred inflation gauge showed a 2.6% year-on-year gain for January. The so-called core personal consumption expenditures price index, which excludes ...
Trump, Zelenskiy fail to sign Ukraine minerals deal after outburst
Trump took umbrage with Zelenskiy’s doubts that the U.S. president’s efforts to broker a deal with Russia would lead to ...
Allies must work with Zelenskiy after Trump spat, says Joly
Canadian Foreign Minister Melanie Joly says it’s crucial that her country and other allies work with Ukrainian President Volodymyr Zelenskiy on reaching a good peace deal for his country to counter ...
Posthaste: Bank of Canada will freeze rates at 2.75% if Trump imposes blanket tariffs, say economists
The Bank of Canada will halt rate cuts after a March trim if United States President Donald Trump imposes 25 per cent tariffs on most goods from Canada, say economists at Oxford Economics Group Ltd., ...
Looming tariffs make U.S. steel production too expensive
United States President Donald Trump’s threatened steel tariffs that don’t kick in for two weeks are impacting U.S. buyers who already are seeing American-made metal cost more than imports.