If the tariffs had taken effect as planned, the per-unit cost of a home might have increased by as much as $29,000. In a sector characterized by thin margins, that would have meant a lot of idle construction sites.

Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.

Canada's latest growth figures, released Friday, were better than expected, but also highlighted weaknesses in the economy as the effects of a trade war launched by US President Donald Trump began to take hold.

Citing jobs at stake, the U.S. Ambassador to Canada believes the two countries will reach a trade agreement benefiting both nations in the near future.

The legal confusion over tariffs has buffeted U.S. trading partners around the world, casting doubt on the durability of Trump’s favorite bargaining tool.

U.S. senators meet Canadian Prime Minister Mark Carney to discuss trade tensions and strengthen bilateral relations, focusing on economic and defense priorities.

"This ruling protects American businesses and consumers from the destabilizing effects of volatile, unilaterally imposed tariffs."

Two courtroom defeats dealt a blow to President Donald Trump’s strategy, even as an appeals court reinstated existing tariffs.