Trump trade tariff targets non-U.S. movies with 100% levy

Monday, May 5, 2025, 7:21 am more...

In a bold move that could upend international film production, President Trump has proposed a 100% tariff on non-U.S. movies. The measure, seen as a drastic deterrent to foreign filming incentives, simultaneously champions domestic projects while adding yet another dramatic twist to his trade policy theatrics.

globalnews.ca / Trump wants non-U.S. movies to face 100% tariff. Who could it impact?

lapresse.ca / La revue de presse de Paul Arcand | Trump s’attaque à l’industrie du cinéma : « Un coup dur pour Montréal »

permalink / 2 stories from sources in 3 hours ago #trade #tariffs #movies #trump +

GM Oshawa Shifts Reduced Amid Tariff Fallout and Trade Uncertainty

Friday, May 2, 2025, 9:21 am more...

General Motors announced a reduction in shifts at its Oshawa Assembly plant this fall, pointing to evolving trade dynamics and tariff fallout. This move affects thousands of auto workers and reflects the company’s attempt to recalibrate production in response to uncertain demand during turbulent trade conditions.

nationalobserver.com / GM cuts 700 jobs in Oshawa amid Trump tariff fallout

globalnews.ca / The costs to own a car in Canada are rapidly rising, in addition to tariffs

globalnews.ca / GM cutting shift at Ontario plant this fall due to tariff fallout

cp24.com/ / GM cancelling third shift at Oshawa plant - CP24

financialpost.com / GM to cut shifts at Oshawa Assembly Plant in move union calls 'reckless'

permalink / 6 stories from sources in 3 days ago #trade #tariffs #autosector #canada +

Canadian Auto Parts Sidestep US Tariffs under CUSMA Exemption

Thursday, May 1, 2025, 5:20 pm more...

New tariff policies under CUSMA exempt select Canadian auto parts from the additional 25% tariffs planned by U.S. authorities. The measure spares manufacturers from increased costs and reflects shifting trade dynamics between the U.S. and Canada, offering some much‐needed relief for the industry.

winnipegfreepress.com / Tariffs take a chunk out of Manitoba businesses

ledevoir.com / Les pièces automobiles canadiennes sont exemptées des droits de douane américains

nationalobserver.com / Canada auto industry gets more relief from Trump's tariffs

nationalpost.com / Canadian automobile parts exempted from Trump tariffs: U.S. Customs

permalink / 8 stories from sources in 3 days ago #trade #tariffs #autosector #canada +

Mercedes Shifts Production to U.S. Amid Tariff Woes

Thursday, May 1, 2025, 2:21 pm more...

Facing escalating tariffs, Mercedes-Benz is shifting production of a key model to the U.S. in a strategic bid to keep costs in check. In an industry where every cent matters, this move underlines how trade policies can force even luxury automakers to get creative—an unexpected twist in high-stakes corporate chess.

nationalpost.com / Mercedes will make another model in U.S. to counter tariffs

torontosun.com / Mercedes will make another model in U.S. to counter tariffs

permalink / 2 stories from sources in 3 days ago #usrelations #business #tariffs #autosector +

Ontario to table 2025 budget on May 15 amid tariff concerns

Thursday, May 1, 2025, 11:21 am more...

Ontario Finance Minister Peter Bethlenfalvy confirmed that the government will present its 2025 budget on May 15, emphasizing infrastructural development and a response to tariff pressures. The plan is presented as a catalyst for economic growth—clearly a move to keep fiscal critics at bay, even if debates over trade persist.

theglobeandmail.com / Ontario to table budget on May 15 amid effects of Donald Trump’s tariffs

citynews.ca / Ford government to table budget on May 15

cbc.ca / Ontario budget coming on May 15

globalnews.ca / Ontario sets date for 2025 budget in economy shaped by tariff threat

permalink / 4 stories from sources in 3 days ago #budget #trade #tariffs #ontario +

US GDP contracts in Q1 amid tariff tensions

Wednesday, April 30, 2025, 11:22 am more...

U.S. economic activity faltered unexpectedly in Q1 with a 0.3% annualized GDP decline, fueled by tariff-driven import pressures. The surprise contraction underscores mounting concerns over trade tensions and economic momentum as policymakers and market watchers scramble to interpret the fallout from ongoing tariff disputes.

nationalpost.com / U.S. Senate votes against resolution to block Trump’s global tariffs amid economic turmoil

globalnews.ca / Stock markets drop on news that U.S. economy shrank amid tariffs

globalnews.ca / U.S. economy contracts in Q1 amid impact from tariff-fueled imports

ledevoir.com / Recul surprise du PIB des États-Unis au début du mandat de Donald Trump

permalink / 4 stories from sources in 4 days ago #economy #finance #trade #tariffs +