Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to build an EV supply chain in Canada, amid the uncertainty stemming from U.S. President Donald Trump's tariffs.

Ontario Premier Doug Ford has announced policies and budget changes to counter tariffs by US President Donald Trump, saying Canada can no longer rely on its Southern neighbour. He also addressed concerns about leading carmakers like Honda pulling out of Ontario for their EV and other manufacturing projects.

President Donald Trump, in his first Oval Office meeting with new Canadian Prime Minister Mark Carney, said there was nothing Carney could say to him Tuesday that would convince the president to reduce tariffs on Canadian goods.

Ottawa's top diplomat in Washington says talks to negotiate any new deals with the United States will prioritize ending U.S President Donald Trump's ruinous tariffs on Canadian exports.

Ottawa’s top diplomat in Washington says talks to negotiate any new deals with the United States will prioritize ending U.S. President Donald Trump’s ruinous tariffs on Canadian exports. Anne Gaviola has this story and more in Business Matters for Tuesday May 13,

The policies of President Donald Trump have significantly impacted US-Canada relations, particularly through tariffs and controversial actions.

You may be aware that President Donald Trump’s global tariff war will see Americans paying more for consumer goods, but have you considered the cost of services will also rise? According to a February report from Insurify,

U.S. ambassador to Canada Pete Hoekstra says there are opportunities to secure new economic and security partnerships on the foundation set by Prime Minister Mark Carney.

This week marked an important milestone in the state of trade between the United States and Canada. Since February, the United States and Canada have entered into a series of trade measures and countermeasures,

The Trump administration’s tariffs on US imports and Canada’s retaliatory actions have major implications for Canadian companies and their commercial transactions. Counsel should understand the resulting contract issues and the potential use of contract clauses or other avenues that may provide relief for affected companies.

Allegheny County sends more than $1 billion in goods and services to Canada each year, and officials are concerned tariffs will have a massive impact locally if the trade war doesn't relent. Why it matters: Tariffs on Canada established by President Trump — and retaliatory tariffs on the U.