Canada’s retaliatory tariffs on US goods are partially offsetting weaker revenue from corporate and sales taxes as federal government expenditures continue to rise.

As business owners examine the potential effects of tariffs, U.S. Sen. Jeanne Shaheen is working on new legislation she hopes will offer some relief for small businesses.

Canada's retail sales shrank by 1.1% in May as consumers curtailed car purchases and spent less at supermarkets, convenience stores and on alcohol, data showed on Thursday.

Our automotive industries are deeply connected; our workers share the same struggles. Yet today, that relationship is under threat from a wave of U.S. tariffs that are hurting Canadian workers. Indeed, the tariffs hurt American workers too, including U.S. auto workers.

US stocks are floating near all-time highs as Wall Street maintains cautious optimism that Washington might ink more trade deals, avoiding a worst-case scenario of extraordinarily high tariffs and enabling the resilient economy to continue chugging along.

President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S. tariffs, said Volkswagen, which owns a host of brands including Audi, Lamborghini and Porsche.

With inflation creeping back into the US economy, it's as important as ever to have a firm grasp on Donald Trump's tariffs and what they mean.

President Donald Trump’s tariffs could have an unintended side effect: making homeownership even less affordable for many Americans.