Canada has effectively suspended almost all of its retaliatory tariffs on US products, tamping down inflation risks and improving its growth outlook, according to Oxford Economics.

The U.S. receives 97 per cent of Canada’s crude oil exports, according to the Canada Energy Regulator, with about 60 per cent of it destined for Midwest refineries and the remainder going to the Gulf Coast, West Coast and East Coast.

The Trump administration has made moves to ease tariff tensions with China but new reports indicate that prices, including for cars, are on the rise.

The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.

Chinese imports to the U.S. dropped to their lowest levels since the pandemic as punishing tariffs began to take hold in March.

A drop in the number of Canadian travelers to New England is raising questions about the summer tourism season.

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.

Ontario's top exports to Manitoba include household goods, food and beverages, the province says. Manitoba's top exports to Ontario are canola oil products and conventional crude oil. In 2021, trade between the two provinces was valued at $19.5 billion, the release said.