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While prices will rise for everyone, lower-income families are expected to lose a larger portion of their budgets because they tend to spend more of their earnings on goods.

“We don’t have to do a deal in the short term,” Carney told reporters April 24, as he campaigned in British Columbia ahead of the April 28 election. “My government will do the right deal.”

The latest on how the Trump administration's approach to tariffs is impacting OEMs in the trucking industry.    

Walmart Inc. is doubling down on discounts, a move to drum up demand and grow market share in the face of macroeconomic uncertainty.

United Rentals Inc. could benefit from the unpredictability over tariffs as customers become weary of ownership.

Chinese cranes used at ports are the latest target of the Trump administration’s attempt to boost domestic manufacturing, even as no U.S. industry for the equipment exists.

President Donald Trump’s administration started an investigation into the need for tariffs on imports of medium- and heavy-duty trucks and parts, an expansion of his trade war.

China on April 24 denied President Donald Trump’s assertion that the two sides were in active negotiations over tariffs, saying the suggestion was as groundless as “trying to catch the wind.”

The suit argues that Congress didn’t grant Trump the necessary authority to impose the tariffs and national trade policy “now hinges on the president’s whims."

Treasury Secretary Scott Bessent said that the Trump administration is looking at multiple factors regarding China beyond just tariffs — including non-tariff barriers.