National Business

NEW YORK (AP) — Sales and profits slipped for Target during the crucial holiday quarter as customers held back on spending and the company said there will be “meaningful pressure” on its profits to start the year because of tariffs and other costs.

MARKHAM, Ont. — Pet Valu Holdings Ltd. reported a fourth-quarter profit of $28.9 million, up from $28.8 million a year ago. The pet food retailer says the profit amounted to 40 cents per diluted share for the 13-week period ended Dec.

BEIJING (AP) — China announced Tuesday it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef, and also expanded controls on doing business with key U.S. companies.

NEW YORK (AP) — U.S. stocks tumbled Monday and wiped out even more of their gains since President Donald Trump ’s election in November, after he said that tariffs announced earlier on Canada and Mexico would take effect within hours.

Broad U.S.

TORONTO — Ontario Premier Doug Ford is adding Buy Ontario legislation to the list of measures he is considering in the face of expected tariffs from the United States.

EDMONTON — For the second time in under a week, Alberta Premier Danielle Smith is facing pushback from within her own United Conservative caucus. This time it’s over her proposed 2025 budget.

TORONTO — Canada's main stock index fell almost 400 points, led by losses in energy, technology and base metals, while U.S. markets also dropped a day before U.S.

Cryptocurrency prices briefly jumped after President Donald Trump's surprise announcement he wants the U.S.

WASHINGTON (AP) — President Donald Trump said Monday that 25% taxes on imports from Mexico and Canada would start Tuesday, sparking renewed fears of a North American trade war that already showed signs of pushing up inflation and hindering growth.