Cans of Canadian-made Molson beer on a shelf at the Liquor Control Board of Ontario (LCBO) Queen’s Quay store in Toronto, Ontario, Canada, on Tuesday, March 4, 2025. Bloomberg | Bloomberg | Getty Images The White House said it would ban imports of Canadian motorbikes and a slew of other products starting later this month…
A truck crosses into the United States on the Gordie Howe International Bridge, connecting Windsor, Ontario, and Detroit, Michigan, on September 6, 2025. Jeff Kowalsky | Afp | Getty Images Canada’s retaliatory tariffs on a swathe of U.S. goods took effect on Tuesday after trade talks collapsed last month, as relations between Washington and Ottawa…
FILE PHOTO: Oil tankers pass through the Strait of Hormuz, December 21, 2018. Hamad I Mohammed | Reuters Oil prices extended gains Tuesday and were hovering at six-week highs on worries over escalating Mideast tensions after the U.S. and Iran traded strikes over the weekend. Futures for international benchmark Brent crude for November delivery gained…
A flag adorns the ArcelorMittal Dofasco steel plant as trade tensions escalate over U.S. tariffs and retaliatory measures by Canada in Hamilton, Ontario, Canada, Aug. 24, 2026. Carlos Osorio | Reuters Iran hit out at Canada for supporting U.S. actions in the Strait of Hormuz, calling Ottawa’s moves “a display of strategic confusion and submission…
European Commission President Ursula von der Leyen attends a press conference on the day of the European Union leaders’ summit in Brussels, Belgium Oct. 23, 2025. Yves Herman | Reuters European Commission President Ursula von der Leyen will travel to Greenland’s capital on Sunday, seeking to shore up support for the Arctic island against a…
Canadian Prime Minister Mark Carney speaks during a press conference at the West Block on Parliament Hill in Ottawa, Ontario, Canada, on April 14, 2026. Andrej Ivanov | Afp | Getty Images Canadian Prime Minister Mark Carney on Thursday returned fire after Trump administration Commerce Secretary Howard Lutnick claimed Ottawa tanked trade talks with the…
Gold bars lie in a safe on a table at the precious metal dealer Pro Aurum. Sven Hoppe | Picture Alliance | Getty Images The Dutch central bank (DNB) has transferred approximately 86 tons of gold out of the U.S. and Canada to the U.K., seeking to shore up its contingency planning in view of…
The Bank of Canada has held interest rates, amid the prospect of weaker growth and higher inflation, thanks to the retaliatory tariff blitz that followed the collapse of U.S. trade negotiations. The central bank decided to hold its key rate at 2.25% at its September meeting, it announced Wednesday, despite citing elevated energy prices resulting…
Canada’s Prime Minister Mark Carney speaks with the news media after he suspended trade negotiations with the United States, in Ottawa, Ontario, Canada August 22, 2026. Chris Tanouye | Reuters Canadian Prime Minister Mark Carney on Tuesday blasted the Trump administration for “doing memes” and “throwing shade” against his nation amid a growing trade war….
Trucks traverse the Ambassador Bridge, a main trade route linking Canada and the United States in Windsor, Ontario, Canada July 5, 2020. Carlos Osorio | Reuters As the U.S. and Canada stare down tens of billions of dollars in dueling tariff regimes as a result of President Trump’s new trade war against the nation’s second-biggest…
