The Supreme Court denied a request by one of the plaintiffs in the case to expedite a review of the dispute while a lower court considers the Trump administration's appeal.

The CEO of Cenovus Energy said the economies of Canada and the U.S. are inextricably linked, despite President Trump's claims the U.S. doesn't need to import anything from Canada.

Citing 'trade barriers,' the World Bank downgraded the global economic growth forecast to 2.3 per cent this year from 2.8 in 2024, with the U.S. expanding 1.4 per cent.

Delegations from China and the United States will be discussing trade in-person on Monday in London after phone call between U.S. President Trump and China's President Xi.

A newly revised report on the global economic outlook by the 38-nation OECD shows that expectations for global growth have been lowered in the face of the trade war.

The letter from the United States Trade Representative asks countries to provide their offers by Wednesday as officials seek to accelerate talks with multiple partners.

A financial analyst coined the acronym TACO, which stands for "Trump Always Chickens Out."

Trump had threatened to impose a 50% on EU goods starting June 1, complaining that the 27-member bloc had been “very difficult to deal with” on trade.

Finance Minister François-Philippe Champagne is leading three days of meetings with top finance officials from the world's largest economies, where tariffs are set to dominate.

Finance Minister François-Philippe Champagne and Bank of Canada governor Tiff Macklem will lead the meetings, which come ahead of June's G7 Leaders' Summit in Kananaskis, Alta.

The order lowering 'de minimis' levies offers some relief to big Chinese e-commerce players Shein and Temu and follows a weekend tariff deal between Beijing and Washington.

Economics and business experts remain cautious about the outlook for the the trade war following news of a 'tariff-truce' between China and the U.S.

U.S. and China wrapped trade talks in Geneva with “substantial progress,” per Treasury Sec. Bessent, though key issues remain and China warns against coercion.

Behind closed doors, Chinese officials have grown increasingly alarmed about tariffs' impact on the economy and the risk of isolation.

U.S. President Donald Trump floated the idea of lowering tariffs on China to 80 per cent ahead of planned trade talks between the two countries this weekend.