Almost half — 49% — of Ontario automotive businesses have paused or canceled investments because of the trade tensions.

President Donald Trump's 30% tariffs on European Union goods could drive up costs across the world's alcohol trade. The EU is eyeing retaliatory measures.

President Trump announced a slew of tariffs on imports last week, with a proposed 35% tariff on Canadian goods, including in the automotive sector, which could deeply affect American drivers. Trump announced the tariffs on Truth Social with screenshots of a letter sent to Canada’s prime minister,

The only acceptable tariff on European Union exports to the United States would be zero as the bloc is already facing a detrimental exchange rate, the head of Italy's business lobby said on Wednesday.

Volvo is planning to begin U.S. production of the XC60 and XC90 crossovers as a response to the Trump administration's auto tariffs, according to an Automotive News report. The outlet cites two anonymous sources who say Volvo will begin U.

It’s a day that many little girls dream of -- getting to try on and take home their wedding dress -- but recent tariffs placed on China by the United States is slowly turning that experience into a nightmare.

Japan's exports fell for a second straight month as sweeping U.S. tariffs took a toll on the country's manufacturers, with its fragile economy exposed to greater risks from the global trade war in coming months.

TOKYO] Japan’s exports fell for a second straight month in June, data showed on Thursday, underscoring the mounting strain that sweeping US tariffs are placing on the country’s fragile economy. Read more at The Business Times.

The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of economic devastation that economists have long feared.

The European Union will delay the implementation of its trade countermeasures against the United States from Monday until early August to allow more time to negotiate a deal.

"It’s all going to be the same for everyone," the president told reporters of the U.S. duty those countries will face.