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The Latest: Trump's tariffs unleash trade war and calls for negotiations

The Latest: Trump's tariffs unleash trade war and calls for negotiations

U.S. President Donald Trump's big raise in tariffs has triggered an escalating trade war and sent global markets plummeting. The S&P 500 fell 6% Friday, the Dow Jones Industrial Average plunged 5.5% and the Nasdaq composite dropped 5.8%.
Jaguar and Land Rover maker pauses shipments to US as it develops post-tariff plans

Jaguar and Land Rover maker pauses shipments to US as it develops post-tariff plans

LONDON (AP) — The maker of Jaguar and Land Rover cars is pausing shipments to the U.S. as Britain's struggling auto industry begins to respond to the 25% tax on vehicle imports imposed by President Donald Trump.
Caught in the crossfire: Michigan concerned over automobile tariffs targeting Canada

Caught in the crossfire: Michigan concerned over automobile tariffs targeting Canada

DETROIT — Glenn Stevens Jr. can look out his office window in downtown Detroit and see Canada.
New and used car prices set to rise due to Trump tariffs: experts

New and used car prices set to rise due to Trump tariffs: experts

Steep U.S. tariffs on all imported vehicles are set to drive prices, already high in part because of pandemic-related disruptions, higher still for both new and used cars, experts say.
The Latest: Stock market suffers worst week since 2020 after China retaliates against Trump tariffs

The Latest: Stock market suffers worst week since 2020 after China retaliates against Trump tariffs

Markets are facing their worst crisis since the COVID crash after China matched President Donald Trump’s big raise in tariffs in the U.S. president’s escalating trade war .
US tariffs ripple through auto supply chains into Mexico

US tariffs ripple through auto supply chains into Mexico

TOLUCA, Mexico (AP) — Auto workers voiced uncertainty and hope outside a Stellantis assembly plant in central Mexico that was scheduled to begin a month-long pause in production Friday as the maker of brands including Jeep and Ram assesses the potent
In the news today: Reaction to U.S. tariffs, party leaders campaigning in Quebec

In the news today: Reaction to U.S. tariffs, party leaders campaigning in Quebec

Here is a roundup of stories from The Canadian Press designed to bring you up to speed... China and Canada impose tariffs on imports of U.S. products With the world still reeling after U.S.
US electric vehicle industry is collateral damage in Trump's escalating trade war

US electric vehicle industry is collateral damage in Trump's escalating trade war

DETROIT (AP) — President Donald Trump's tariff blitz has sent shock waves throughout every aspect of the global economy, including the auto sector, where multi-billion-dollar plans to electrify in the United States are especially at risk.
Prosecution adds former US attorney to University of Idaho quadruple murder case

Prosecution adds former US attorney to University of Idaho quadruple murder case

BOISE, Idaho (AP) — Idaho’s recently departed U.S. attorney has joined the prosecution team in the case against Bryan Kohberger, the man charged in the killings of four University of Idaho students in 2022.
Prime Minister Mark Carney says Canada will match U.S. auto tariffs

Prime Minister Mark Carney says Canada will match U.S. auto tariffs

OTTAWA — Prime Minister Mark Carney said Thursday that Canada will hit back against U.S. President Donald Trump's 25 per cent auto tariffs with matching levies on vehicles imported from the United States.
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