Economy, Law & Politics

OTTAWA — The federal government will impose 25 per cent tariffs on U.S. goods worth $29.8 billion in retaliation for steel and aluminum tariffs the administration of U.S. President Donald Trump imposed Wednesday.

TORONTO — Canada's main stock index rose Wednesday while U.S. markets were mixed, after 25 per cent tariffs on U.S. imports of steel and aluminum officially kicked in and the Bank of Canada cut its key lending rate by a quarter-point to 2.

OTTAWA — Prices will rise, the economy will suffer and the Bank of Canada can't lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States.

NEW YORK (AP) — U.S. stocks mostly rose after getting some relief from an encouraging inflation update. But even on a rare up day for the market, President Donald Trump’s trade war still knocked stocks around. The S&P 500 climbed 0.

WASHINGTON (AP) — President Donald Trump openly challenged U.S.

U.S. President Donald Trump this week continued to single out Canada as a bad trading partner, claiming in a social media post that his northern neighbour is a “tariff abuser” that charges high rates on American goods. The vast majority of U.S.

SBOT board member Joslyn Young moves into senior executive position