Global trade will be a major focus at next week’s G7 summit as world leaders gather in Alberta, including U.S. President Donald Trump, who will be making his first appearance at a major international event since returning to the White House in January.

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The Trump administration is “highly likely” to extend next month’s deadline for countries to agree one-for-one trade deals — so long as they are engaged in “good-faith negotiations,” Treasury Secretary Scott Bessent told lawmakers Wednesday.

Donald Trump’s administration in the United States reimposed tariffs on Canadian items, including agricultural products, citing supposed national security concerns. Agricultural products have little to do with defence,

This week’s ruling blocking many of the president’s tariffs will not lift those on Canadian cars, steel and aluminum. A trade expert explains what’s next.

Economists expect inflation to have jumped slightly in May, registering year-over-year price increases of 2.4%. That would mark an increase from an inflation rate of 2.3% over the year ending in April, which amounted to the lowest inflation level since 2021.

Simply put, the tariffs he’s put in place now have the potential to be devastating. It’s not just our exports to the U.S. that are vulnerable—about 80 per cent of our material inputs, including steel,

The US president doubled the tariffs on steel and aluminum, Liberals in Canada introduce a border bill, and wildfires spread across Canada – sending smoke south of the border.