Canada trade official says tariff deal with US 'very close'

Dominic LeBlanc, Canada’s minister in charge of U.S. trade, said Ottawa and Washington are “very close” to finalizing an agreement.

Another Tariff Deadline Looms. Here’s Why This One Is Different

Canada trade talks and impact the economy. Learn why this tariff deadline is unique and what it means for both sides.

Target Gets Billion-Dollar Tariff Refund—Will Customers See Any Benefit?

Corporations are taking different approaches to utilizing the rebates they are now receiving from Trump's annulled duties.
Blockonomi

Walmart (WMT) Stock Plunges 9% Despite $2.9B Tariff Windfall as Consumer Spending Weakens

Walmart (WMT) stock dropped 9% as US comp sales grew only 2.6%. The retailer will use a $2.9B tariff refund to fund aggressive price reductions.

Trump's 50% Canada Car Tariff Got a Three-Day Pause. The Fine Print Shows It Was Built to Tax Detroit's Own Factories

For three days this week, Washington and Ottawa get to act like a trade crisis got solved. It didn't. On August 18, the White House suspended a fresh round of tariffs on Canadian alcohol, dairy, and motor vehicles that were set to run as high as 50 percent.

Home Depot’s $730 million tariff refund was largely offset by rising costs

Home Depot, Amazon, and Walmart are taking very different approaches to the tariff refunds flowing back to retailers.
Blockonomi

Target (TGT) Stock Surges 4% on Earnings Surprise and Nearly $1B Tariff Refund

Target (TGT) stock climbed 4% after Q2 earnings doubled to $4.11, crushing estimates. A $994M tariff refund and 3.8% comp sales growth fueled the beat.

Canada avoids Trump’s latest tariff threat. Is the future of trade finally changing?

Extended trade talks between the United States and Canada appeared to move closer to a breakthrough after President Donald Trump delayed a threatened 50 percent tariff on more Canadian goods, giving negotiators until midnight Friday to finalise an agreement.