US tariffs

Lawmaker says industry ministry has picked Texas gas power plant as first potential project

Markets watching for signs of an extension of a tariff truce announced after the October 2025 Trump-Xi summit

The Republic cannot compete with neighbours on cost, but is ‘value for money’, says the minister

Tariffs could force both automakers to close some Canadian assembly lines, analysts say

Many world leaders are closely monitoring Carney’s gamble as America’s demands go beyond trade and strike at national sovereignty

Trade talks between the US and Canada collapsed on Aug 22 with each side ‌blaming the ⁠other for derailing negotiations

Trump possesses an array of tools that can be deployed in the dispute

He says that levies on cars, trucks, automotive parts and steel will rise to 50%, effective Jan 1

The new crackdown may trigger a bigger confrontation over what ‘Made in China’ really means