National Business

WASHINGTON (AP) — President Donald Trump announced plans for sweeping tariffs Wednesday, saying “our country has been looted, pillaged, raped, plundered” by other nations.

BRANDON, Man. — The Manitoba government is promising $150 million for the agricultural sector to help handle tariffs imposed by the United States and China.

WASHINGTON (AP) — Amazon has put in a bid to purchase TikTok , a Trump administration official said Wednesday, in an eleventh-hour pitch as a U.S. ban on the platform is set to go into effect Saturday.

TORONTO — Commissioner Gary Bettman said the money took some work, but the negotiation process was otherwise smooth for its newest broadcast rights deal in Canada. Rogers Communications Inc.

TORONTO — Stock markets in Canada and the United States rose Wednesday as investors awaited a tariff announcement expected from U.S. President Donald Trump after the bell. The S&P/TSX composite index closed up 273.90 points at 25,307.18.

TORONTO — Impending U.S. tariffs have pushed Canadian companies to stockpile goods, cut back staff, put projects on hold and whatever else they think will help them survive the economic turmoil ahead. U.S.

NEW YORK (AP) — U.S. stocks swung higher ahead of President Donald Trump’s announcement of tariffs he has promised as part of his “Liberation Day.” The S&P 500 rose 0.7% Wednesday after eliminating an early loss of 1.1%.

HALIFAX — A Federal Court judge has ruled that the Fisheries Department failed to properly consult commercial baby eel fishers when it transferred about 14 per cent of their quota to First Nations.

NEW YORK (AP) — Tesla sales fell 13% in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.

Despite housing supply in the Vancouver area continuing to rise, the number of homes that changed hands in the region last month fell to the lowest levels for March since 2019.