National Business

BEIJING (AP) — China announced countermeasures by raising tariffs on U.S. goods from 84% to 125% starting Saturday. The U.S. and China have escalated a new trade war by raising tariffs even as U.S.

OTTAWA — Prime Minister Mark Carney has suspended his election campaign yet again to deal with the fallout of U.S. tariffs. Carney is expected to chair a meeting this morning with his cabinet committee on Canada-U.S. relations and national security.

OTTAWA — A new poll suggests 60 per cent of Canadians say they will personally feel the effects of U.S. tariffs — and most believe Canada should fight back.

MONTREAL — A group of duty-free shop owners says sales are plunging as Canadian travellers steer clear of the U.S. amid anger over tariffs and annexation threats.

As tariffs on Canadian goods and retaliatory levies filter through supply chains, industry insiders say some smaller Canadian food manufacturers may not be able to weather the storm much longer.

BANGKOK (AP) — Asian shares sank Friday after U.S. stocks gave up much of their historic gains from the day before. The deepening worries over President Donald Trump’s trade war initially helped pull Japan’s Nikkei 225 share index down 5.6%.

TORONTO — A new document circulated to lawyers involved in Hudson’s Bay’s creditor protection case is raising suspicion that a company insider may be exploring a bid for the retailer’s assets or leases.

VANCOUVER — TransLink is proposing a plan to improve its services, ease overcrowding and finish projects, but it will involve a fare hike and a tax increase for Metro Vancouver residents. The B.C.

EDMONTON — Alberta's government is looking to give the green light to hydrogen as a home and commercial heating fuel in a move it says will boost demand and reduce emissions.

U.S. President Donald Trump has served up "special, derogatory" treatment for Canada in the latest salvo in his global trade war, British Columbia Premier David Eby said. Eby said Thursday that B.C.