Furniture manufacturer Prepac to shut down Canadian facility, move operations to NC
A Canadian furniture manufacturer is shutting down one of its home country facilities and shifting operations to North Carolina.
Tariffs
Trump says the U.S. is in a 'period of transition' — and more takeaways from this week
This week, President Trump continued to threaten tariffs as DOGE continued its cuts of the federal workforce. It was another consequential and news-packed week in Trump's presidency.
Why CEOs are calm about tariffs in public — but 'very discouraged' in private
Business leaders are trying to engage in a delicate diplomacy with the White House — even as their companies brace for the impact of market volatility and tariffs.
As global tariff tensions rise, here's the latest on U.S. trade with top partners
President Trump has upended global markets by imposing tariffs on imports from several of America's top trading partners. Here's what to know.
The U.S. buys electricity from Canada. Now it's a focus of the trade war
As a trade war grew this week, Ontario's leader threatened a surcharge on Canadian electricity sold in some U.S. states. The episode highlighted the U.S. reliance on imported Canadian power.
Automakers brace for higher costs as steel and aluminum tariffs kick in
Tariffs on steel and aluminum are increasing to 25% — not the 50% that President Trump had recently threatened, but high enough to be a headache for automakers.
Australia won't retaliate against 'unjustified' U.S. tariffs, prime minister says
Australian Prime Minister Anthony Albanese said Wednesday that U.S. tariffs on Australian steel and aluminum were unjustified, but his government would not retaliate with its own tariffs.
Stocks sink again, as Trump's tariff policies spark chaos
Trump has long boasted about the market's performance under him. But now he seems to have other priorities.
Trump backs off of Canada tariff hike as Ontario lets up on electricity threat
President Trump tussled with Canada over tariffs on Tuesday as hikes against steel and aluminum imports are set to take effect.
As Trump downplays economic fears, this data shows people feel differently
Economists look for signs that a recession may be approaching by monitoring consumer confidence and business sentiment — two indicators of uncertainty.