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Tariff tensions are making the North American farm market the most uncertain in the world even as conditions in Europe and Asia start to improve.

Trillions of dollars of global trade are embroiled in the legal fight. A final ruling tossing Trump’s tariffs would upend his much-ballyhooed trade deals.

The announcement follows similar decisions by other national postal services that have suspended their shipping services to the U.S., including Japan, Britain and Australia.

The main reason the company revised its outlook is the section 232 tariffs on steel and aluminum, an analyst says.

Now small parcels that used to let inexpensive items flow easily from across the rest of the globe will get hit with a tariff and customs forms, too.

Canada has put 25% tariffs on Chinese steel and last month tightened its tariff-rate quotas to further restrict imports from countries with which it doesn’t have a free-trade deal.

High unemployment and interest rates have historically contributed to more people defaulting on their mortgages, particularly in the Greater Toronto Area.

The 2025 Wells Fargo Supply Chain Report confirmed a prevailing belief that businesses were proactive in importing freight to the U.S. in advance of tariffs taking effect earlier this year.

President Donald Trump’s decision to scrap the policy means that surprise bills will increasingly accompany deliveries that have become a staple of modern life for many consumers.

The Universal Postal Union said it sent a letter to Secretary of State Marco Rubio on Aug. 26 to express concerns the agency’s member countries have about the end of the “de minimis exemption."