BUSINESS

Canada retaliates, hits US with tariffs

House passes GOP funding bill backed by Trump. It is now Senate-bound The House passed a government funding bill, daring Senate Democrats to oppose it and risk a partial shutdown as stocks wobble. WASHINGTON – The House passed a spending bill on Tuesday that would temporarily fund the government until Sept. 30 − taking the … Read more

Trump metals tariffs kick in, sparking quick retaliation by EU

Hi! 🙋🏼‍♀️ I’m Nicole Fallert, Daily Briefing author. Would you pay $19 for a strawberry? Here’s a glimpse at Wednesday’s news: Canada reverses energy surcharge after tariff threat President Donald Trump’s increased tariffs on steel and aluminum imports took effect Wednesday but runup to the tariff deadline came with some drama. On Tuesday, Trump threatened Canada with doubling the duty … Read more

Philip Blenkinsop and Bart H. Meijer  |  Reuters BRUSSELS, March 12 – The European Union will impose counter tariffs on 26 billion euros ($28 billion) worth of U.S. goods from next month, the European Commission said on Wednesday, ramping up a global trade war in response to blanket U.S. tariffs on steel and aluminium. The … Read more

President Trump’s tariffs have caused an upswell in support for leaders in Canada and Mexico. Canadians celebrate Mark Carney’s win for prime minister Canadians are weighing in on incoming Prime Minister Mark Carney’s win and what it could mean for U.S.-Canada relations amid the continuing trade war. Mexican President Claudia Sheinbaum’s approval ratings are at … Read more

David Lawder and Andrea Shalal  |  Reuters Trump won’t rule out recession as US tariffs begin President Trump refused to rule out the possibility that his economic policies, including aggressive tariffs, could lead to a recession. In an interview with Fox News, he acknowledged a “period of transition” but insisted that his policies would ultimately … Read more

The Trump administration’s pause, which the university says will jeopardize educational programs and farmers in the state, comes after the president publicly sparred with the Democratic governor. Trump, Maine governor trade barbs over transgender athletes President Trump and Maine Gov. Janet Mills clashed over Trump’s order banning transgender athletes from playing in women sports. WASHINGTON … Read more

Can we avoid a government shutdown? A funding vote is expected to happen early in the week in hopes of avoiding a government shutdown. The House of Representatives passed a continuing resolution Tuesday − 217-213 − in an attempt to stave off a government shutdown at the end of the week. The resolution made it … Read more

Canada premier to meet with Trump officials amid trade war with Canada Donald Trump is reconsidering double planned tariffs after Ontario’s premier said he would suspend an electricity surcharge on U.S. energy users. The head of a Canadian province announced Tuesday afternoon that a 25% surcharge on electricity exports has been suspended, while the U.S. … Read more