U.S. ban on almost $1 billion in Canadian imports takes effect
The United States has banned nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles.
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The United States has banned nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles.
One Canadian whiskey maker has found a workaround to Trump's Canadian alcohol ban.
Mr. Trump's pledge to give $5,000 to Americans would stoke inflation and worsen the nation's fiscal outlook, according to economists.
The Trump administration moved Tuesday to ban imports of Canadian motorcycles, some dairy products and most types of alcohol starting later this month, intensifying the trade war between the two countries.
Canada's steep retaliatory tariffs on $20 billion in U.S. goods took effect just after midnight ET on Tuesday, deepening the trade war between the two countries.
Canadian officials said the tariffs set to be imposed on more than 800 U.S. imports are "strategic" and designed to target some states.
Canadian government officials said they are also providing aid for workers and businesses that could be hurt by U.S.-imposed tariffs.
President Trump said tariffs on Canadian automotive and steel imports will rise to 50% on Jan. 1, 2027, in a social media post.
Although some Canadian goods will get more expensive in the U.S., trade experts don't expect a broader inflation spike.
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
Ground beef prices, now averaging nearly $7 a pound, remain historically high due to shrinking cattle herds.
The company told CBS News it will direct the refunds toward groceries and general merchandise.
President Trump said Tuesday that the U.S. and Canada have reached a last-minute agreement to pause the 50% tariffs.
Popular American chat app Discord says it suspended livestreams in line with a Brazilian government order, amid fierce criticism over a 13-year-old girl's death.
Last-minute talks were continuing between the U.S. and Canada in an effort to head off President Trump's plan to impose 50% tariffs on $20 billion worth of Canadian goods.
New U.S. tariffs are hurting consumers and businesses, California's attorney general said in filing suit to block levies on 60 countries.
U.S. households will spend roughly $4,000 per student on school supplies and lunches this year, a new analysis found.
Millions of Canadians shunned travel to the U.S. in 2025, opting to vacation at home or travel to other countries.
President Trump announced new tariffs of up to 12.5% to replace expiring Section 122 levies. Here are the rates for each country.
President Trump threatened more tariffs on Canada for wildfires that have blanketed large parts of the Midwest and East Coast in smoke in recent days.
"I'd been checking the status feverishly to see if anything was in my bank account," one small business owner said.
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.
But after some early hiccups, the U.S. government's hub for businesses seeking tariff refunds is running smoothly, an expert says.
Detroit automaker expects big financial boost from refund of tariffs struck down earlier this year by the Supreme Court.
