The drama on Tuesday delivered a win for Trump but also amplified concerns about tariffs that have roiled the stock market and stirred recession risks. Tuesday's escalation and co
Lutnick indicated the tariffs that go into effect on April 2 will continue until Trump is “comfortable” with how both countries are handling the flow of fentanyl, comments tha
Ontario Premier Doug Ford said if there is a recession, ‘there’s one person to be blamed” — U.S. President Donald Trump. Ford also threatened to shut off electricity exports to the United States if Trump continues the trade war.
President Donald Trump declined to rule out the possibility of a recession in remarks to reporters on Sunday. The warnings coincided with a market plunge touched off by U.S. tariffs against Canada, Mexico and China,
U.S. inflation risks have worsened, while recession risks are also mounting for Mexico, Canada and the U.S., the surveys found.
President Donald Trump did not deny there could be a recession this year under his leadership, telling Fox News there would be a “period of transition” as his economic policies take effect, as the president’s rapidly shifting tariffs on goods from Mexico and Canada have rattled the stock market and led to warnings of an economic downturn.
Economic uncertainty stemming from President Donald Trump's tariffs on Canada, Mexico and China have fueled the biggest stock market selloff in years, and now some economists are putting the likelihood of entering a recession by next year between 20% and 40%.
What was once a 25% tariff on steel and aluminum imported from Canada is now 50%. As CBS News New York's Jessica Moore reports, it comes on top of growing fears of a recession after a dismal day on Wall Street.
The Dow Jones Industrial Average fell by nearly 600 points at the start of trading on Tuesday — one day after it plunged by nearly 900 points.
8hon MSN
Mark Carney, who will be sworn in as Justin Trudeau’s replacement in the coming days, said Trump’s latest tariffs are an attack on Canadian workers, families, and businesses.
US stocks slide further after Trump doubles tariff on Canadian steel and aluminum, fueling inflation and recession fears.
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