U.S. consumers were encouraged to abstain from purchasing any non-essential goods on Feb. 28, as part of a 24-hour buying blackout that aims to showcase the economic power of everyday people. The push for the day of action came from The People’s Union USA, a movement advocating for “economic resistance, government accountability, and corporate reform.”…

It is not an exit anyone would have expected. Justin Trudeau will end his final days as Canada’s prime minister with the country tossed into economic turmoil if President Trump follows through on his plan Tuesday to impose 25 percent tariffs on Canadian exports. While Canadian officials have spent much of last week in Washington…

  An effort to encourage U.S. consumers to participate in a day of protest by not spending money Friday has picked up momentum online, with thousands of people across social media saying they plan to take part in the “economic blackout.” Started roughly a month ago by John Schwarz, a Chicago-area meditation and mindfulness educator,…

CNN  —  President Donald Trump’s blanket 25% tariffs on Mexico and Canada took effect on Tuesday, an extraordinary action aimed at bringing America’s top trading partners to heel. But it threatens to weaken the North American economy, including that of the United States, at a time of significant stress for inflation-weary consumers. Trump also doubled…

On Tuesday, President Trump imposed tariffs of up to 25% on imports from Mexico and Canada, two of the United States’ biggest trading partners — while also increasing tariffs on China. Apu Gomes/Getty Images hide caption toggle caption Apu Gomes/Getty Images It’s not just American consumers who will feel the impact of tariffs — businesses…

US President Donald Trump declined on Sunday to rule out the possibility that the United States might enter a recession this year. “I hate to predict things like that,” he told a Fox News interviewer when asked directly about a possible recession in 2025. “There is a period of transition, because what we’re doing is…

  As Donald Trump threatens to slap steep tariffs on many countries, he is boasting that his taxes on imports will be a boon to the US economy, but most economists strongly disagree—many say Trump’s tariffs will increase inflation, slow economic growth, hurt US workers, and result in American consumers footing the bill for his…

  After spending months talking up Canada’s relationship with the US, Prime Minister Justin Trudeau will convene an economic summit on Friday with a new focus: promoting his country’s trade with the rest of the world. The goal of the Canada-US Economic Summit will be to “make it easier to build and trade within our…

  Tariffs on goods imported to the U.S. are not new, but today they are being discussed as much broader tools in a more complicated world. Since before the Constitution was signed, tariffs have reduced the competitiveness of American enterprise and increased the cost of goods. Today, they are proposed to bring back U.S. manufacturing…

  Global Weekly Economic Update The latest on the trade environment The United States is imposing a 25% tariff on all imports of steel and aluminum, regardless of the country of origin. The biggest suppliers of steel and aluminum to the United States are, in order, Canada, China, and Mexico, which are also the three…