Canada

The automotive industry could be one of the American sectors hit hardest by President-elect Donald Trump's announced tariff plans on Canada and Mexico. What Happened: The incoming White House administration could significantly impact various industries and influence pricing for everyday goods and...

Retailer Costco Wholesale Corporation (NASDAQ:COST) is the latest company to warn about the impact tariffs imposed by President-elect Donald Trump could have on higher prices for consumers. What Happened: Costco beat analyst estimates for revenue and earnings per share in the first-quarter...

Canadian Finance Minister Chrystia Freeland resigned Monday, citing disagreements with Prime Minister Justin Trudeau over anticipated U.S. tariffs. What Happened? Freeland, who also held the position of Deputy Prime Minister, resigned hours before she was due to deliver an economic update to the...

Canada is considering export taxes on goods, including uranium, oil and potash, if President-elect Donald Trump imposes the broad tariffs he pledged.  The Details: According to a Bloomberg report, retaliatory tariffs on U.S.-made goods and export controls on certain Canadian products are most...

The market eagerly awaits Donald Trump‘s first day in office as U.S. president, as his new tariffs could have a cascading effect on domestic industries as much as foreign nations. A proposed 25% tariff on Canadian imports poses a considerable risk to the American Midwest, a region heavily...

A proposal by Donald Trump to impose tariffs on products that come to the U.S. from China, Canada and Mexico could have an impact on products and their prices found in American dollar stores. What Happened: For years, dollar stores have offered items across their aisles that cost $1 or less in many...

President-elect Donald Trump and Canadian Prime Minister Justin Trudeau‘s meeting last week about planned tariffs on Canada was said to be productive, but it could put several Canadian sectors on high alert. What Happened: Trudeau flew to Mar-a-Lago to meet with Trump, and the two political...

President-elect Donald Trump's aggressive tariff proposal—25% on imports from Canada and Mexico—could wreak havoc on North America's economies. Goldman Sachs predicts losses for Canada and Mexico, surging consumer prices, and a slowdown in U.S. growth. In a note shared on Monday, Goldman Sachs...

Canadian Prime Minister Justin Trudeau could speak to President-elect Donald Trump about the potential negative impacts of his proposed 25% tariff plan on American and Canadian citizens. What Happened: Trudeau and Trump had a high-stakes dinner at Mar-a-Lago on Friday, reported CNN, citing a source...

In a shortened trading week for the Thanksgiving holiday, President-elect Donald Trump sent shockwaves through the markets by announcing plans to impose a 25% tariff on all imports from Mexico and Canada alongside a 10% hike on Chinese goods. These measures, he indicated, aim to pressure these...

The U.S. auto industry may be staring down a massive profitability crunch as President-elect Donald Trump's proposed 25% tariffs on vehicle imports from Mexico and Canada threaten to squeeze margins by nearly one-fifth, according to S&P Global Ratings. Michigan-based automakers like General...

Canada has started preparing for potential retaliatory tariffs on U.S. goods following President-elect Donald Trump's recent threats to impose sweeping duties on Canadian imports. A senior Canadian government official told AP News Wednesday that discussions are underway to target certain U.S....

The trade relationship between the U.S. and Mexico, America's top trading partner in 2023, entered a new phase of tension. President-elect Donald Trump's recent pledge to impose 25% tariffs on all imports from Mexico and Canada, as soon as he returns to the Oval Office in January, has sent ripples...

President-elect Donald Trump's latest tariff proposal could represent a potential economic earthquake, with economists already forecasting significant fallout for trade flows, exchange rates and consumer prices. On Monday, Trump announced plans to impose a 25% tariff on all imports from Mexico and...

Gold producer Newmont Corporation (NYSE:NEM) sold its Éléonore mine in Quebec Tuesday to London-based Dhilmar for $795 million in cash. The sale follows Newmont's strategy to divest non-core assets following its milestone acquisition of Newcrest Mining in 2023. "When we announced the acquisition of...