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Canadian Prime Minister Mark Carney said trade talks with the US have gained a bit of momentum, and suggested that any progress has been because the Trump administration has shown more flexibility.

National Economic Council Director Kevin Hassett had said Sunday that negotiators were “very close” to reaching an agreement.

Voters hate the tariffs—and elected Republicans aren't even trying to defend the president's signature policy anymore.

Voters blame Trump, pointing to the Republican president's tariff policies and the war he started with Iran.

President Trump said Sunday his trade war with Canada will be over “soon,” as the dispute poses ongoing political problems for Republicans in the midterms. During a rally in Port Huron, Mich., Trump reiterated his view that Canada “has been ripping off” the U.S. “for years.” The president used that justification in imposing 50 percent...

Brazil President Luiz Inácio Lula da Silva was elected to a fourth, nonconsecutive term in the nation's presidential election according to early results released Sunday evening. Why it matters: Lula's victory deals a setback to Brazil's right-wing populist movement and preserves a major counterweight to President Trump 's influence in Latin America, with tensions over trade and tariffs threatening to persist. Lula, the incumbent candidate, was facing Flávio Bolsonaro, the son of former Brazilian President Jair Bolsonaro . Flávio was widely seen as the heir to the nation's right-wing populist movement. The big picture: The election has been shaped by the impact of U.S. tariffs, climate change and the Amazon rainforest, 60% of which is in Brazil. Bolsonaro campaigned on public security and tackling corruption, presenting himself as a continuation of his father's political legacy, while Lula emphasized defending Brazilian sovereignty against U.S. pressure. Yet substantive policy debate was limited, with both candidates focusing instead on corruption allegations levied against the opposing camp, wrote Matthew Taylor, a Brazil politics expert at American University. Zoom in: After the U.S. imposed additional 25% tariffs on some Brazilian goods this summer, Lula accused Bolsonaro of being "Trump's candidate" and the U.S. president of wanting to "colonize" Brazil. Lula has enacted climate policies aimed at reversing environmental deregulation under the previous administration, while Bolsonaro denied climate change and pledged to continue his father's political legacy. Amazon deforestation has fallen 71% since 2022, the year before Lula returned to office, reaching its lowest annual level on record in 2026. Yet Lula's environmental record is complicated by his support for expanded oil development. Lula defeated Jair Bolsonaro in the previous election. The elder Bolsonaro is now serving a 27-year prison sentence for plotting a coup to overturn the 2022 election, though he remains under house arrest due to health problems.

The US announced plans to remove tariffs on certain Canadian products after an embattled Republican senator in Maine lobbied for the move as the White House looks to bolster its candidates ahead of Nov. 3.

Former Rep. Mike Rogers (R-Mich.) dodged questions on whether he identifies as a MAGA-Republican and avoided clarifying his position on President Trump’s controversial tariffs against Canada ahead of his competitive race against Democrat Abdul El-Sayed in Michigan’s Senate race. During a Sunday appearance on NBC’s “Meet the Press,” Rogers was asked if he considered himself...

Trump signed a proclamation Friday that removes some Canadian products from the 50% tariffs he imposed in August, while adding others.

Courts should still strike down the Section 338 tariffs and import bans that remain in place.

Top White House economic adviser Kevin Hassett said US-Canada trade negotiations have “picked up” and are “gathering steam,” two days after the Trump administration modified Canadian tariffs to benefit some Maine businesses following lobbying by Senator Susan Collins.

Audi's CEO defended the company's plans for a $4 billion plant in Georgia, calling it a business decision to grow sales and reduce exposure to U.S. tariffs.

VW investment, creating 4,500 jobs in Georgia, comes amid Trump’s damaging tariffs, intense Chinese competition and costly shift towards EVs Audi has said it will spend $4bn (£3bn) to build its first factory in the US, as its parent company, Volkswagen, struggles with the impact of steep tariffs imposed by Donald Trump. The German brand’s chief executive, Gernot Döllner, joined Trump on stage at a campaign rally on Saturday night to announce the factory in Macon, Georgia, in an unusual move by a big European brand just days before the US midterm elections. Continue reading...

President Donald Trump announced Saturday that German automaker Audi will build its first American factory in Georgia, a move that is expected to create 4,500 new jobs. “I’m thrilled to announce a massive auto manufacturing investment in the great state of Georgia by a fantastic company,” Trump said at a midterm campaign rally in Perry, Georgia. ...

The Trump administration has directly authorized some $43 billion in subsidies to farmers on top of what Congress has enacted, a large chunk of money that critics argue the administration would not have had to consider if not for the imposition of tariffs and the war with Iran. This month, Trump announced the Agriculture Department’s […]

President Donald Trump defended his decision to wield tariffs during a campaign rally in Georgia, saying they’ve made the US richer as he announced that Volkswagen AG agreed to build a new $4.2 billion Audi plant in the state.

Former President Barack Obama ripped and ridiculed President Trump at a Detroit rally Saturday night where he vouched for Abdul El-Sayed and drew comparisons between the lefty Democratic Senate candidate and his own 2008 run for the White House.

With two weeks to go until Election Day, some small businesses say they're struggling with high inflation and the Trump administration's tariff policies. While restaurants say they've been hit especially hard, some other businesses say they're expanding. In a new survey, 71% of small businesses told the Chamber of Commerce that they're in good health. Natalie Brand spoke to business owners about what they'd like to see moving forward.

Sacha Pfeiffer visits Port Milwaukee to see how President Trump's tariffs have affected the flow of goods and impacted the regional economy.

President Donald Trump this week rolled back select tariffs on Canada, marking a strategic decision that could boost incumbent Sen. Susan Collins (R-ME) in a tight midterm election race just days before Maine’s voters head to the polls. Collins, embroiled in a fiercely competitive battle against Democrat Troy Jackson, has long pressed Trump for release […]

President Donald Trump's trade showdown with Canada targets dairy, lumber and market access, reviving decades-old tensions between allied economies.

Collins, locked in a tight race with Democratic challenger Troy Jackson, issued a statement saying she'd spoken with Trump's top trade negotiator, Jamieson Greer, and Commerce Secretary Howard Lutnick "about the toll tariffs are taking on Maine families, businesses, farmers, and growers.''

Carlos Gutierrez, former Commerce Secretary and CEO of Kellogg and author of Sheer Will, says trade under the Trump administration has become all-encompassing and can be used as part of geopolitical and political negotiations beyond trade itself. Gutierrez says the US has gone too far with tariffs and that easing them could help reduce inflationary pressure on American consumers. Gutierrez says the US has the infrastructure and capabilities to be a strong exporter, but should focus on high-value industries rather than making consumers pay more to bring back lower-value production. He speaks with Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)

President Trump is exempting some Canadian products from U.S. tariffs, a move viewed as a late attempt to bolster Republican Sen. Susan Collins as she faces a tough reelection fight in border-state Maine.

Kevin Kajiwara, Co-President of Political Risk Advisory at Teneo, says the market impact of the coming midterm elections will depend partly on how contentious they are. He identifies affordability as a central issue, linking tariffs and wars to higher fuel costs, while noting that rising interest rates and worsening fiscal conditions are also weighing on the outlook. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)