Trade War

Carney looking at 'all options' as Trump announces 50% tariffs on Canada 21 July 2026 Nadine Yousif, Toronto, Michael Race, Francisco Velasquez and Peter Hoskins, Business reporters Trump: 50% tariffs response to Canada's treatment of US farmers US President Donald Trump has imposed a 50% tariff on a wide range…

Chinese logistics specialists are expanding in the US, developing sprawling end-to-end distribution networks that help merchants in their home market cut costs and minimize tariff exposure, according to industry experts. More of the products Americans buy from Chinese bargain e-commerce platforms like Temu are now shipped by Chinese freight companies,…

Posted June 30, 2026 9:28 am Updated June 30, 2026 4:41 pm 1 min read 0:37 ‘Elbows up’ added to Oxford English dictionary WATCH: The Oxford English Dictionary has added seven new Canadian words in its latest update, including “Elbows up” – which it says is used to describe a…

By Haley Zaremba - Jun 27, 2026, 4:00 PM CDT Chinese photovoltaic cell exports to the US surged 346 percent year on year last month, with lithium-ion battery exports up 20.8 percent and lead-acid batteries up 151 percent. The Iran war's disruption of the Strait of Hormuz is pushing countries…

China-EU tensions, Xi in North Korea, flatlining retail salesRead More

US annual inflation rate rose to 4.2% in May, its highest level since April 2023, driven by rising oil prices amid the US-Iran trade war, according to data from the Bureau of Labor Statistics. This data is expected to influence the Federal Reserve's monetary policy path, as markets await the…

The European Commission has declared its trade and economic relationship with China “unsustainable” , pointing to a daily trade deficit of €1 billion (US$1.16 billion) and Chinese manufacturing overcapacity that puts millions of jobs across various sectors at risk. However, a clear-eyed analysis reveals this premise to be entirely flawed.…

Canada’s economy stalled in the first quarter of 2026, though several economists say the country may not yet be in a recession despite back-to-back declines in real GDP. According to Statistics Canada, real gross domestic product fell at an annualised rate of 0.1 per cent in the first quarter after…

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US-Israel Iran War Ceasefire Highlights: Iran and the United States continue to trade warnings even as backchannel diplomacy remains active through Pakistan-mediated talks aimed at ending the ongoing conflict. US President Donald Trump said negotiations with Tehran were “on the borderline” between a diplomatic breakthrough and renewed military confrontation, while…