Canada’s economic growth came to a halt after a solid start to the year as tariff threats mounted, Bloomberg News reported. Advance data showed gross domestic product was unchanged in February, Statistics Canada said Friday. That followed a robust 0.4% expansion in January, the strongest monthly pace since April last year and beating the median estimate of economists. Assuming there’s also no growth in March, the industry-based numbers point to annualized 2.1% growth in the first quarter, versus the Bank of Canada’s forecast of 2% and the 1.6% expected by economists in a Bloomberg survey.

The onslaught of contested policies and language by the Trump administration in recent weeks is causing tourists around the globe to either cancel or reconsider travel to the United States, the New York Times reported. A growing number of visitors say they feel unwelcome or unsafe and are reluctant to support the economy of a country that some foreign officials say is waging trade wars and destabilizing its allies. A draft of a new travel ban circulating through the administration could restrict citizens from up to 43 countries, including Belarus, Cambodia and St.

President Trump said he would impose 25% tariffs on all vehicles imported to the U.S., acting on a promise that could further pressure car and truck prices that have been rising for years, the Wall Street Journal reported. Trump posted Thursday on Truth Social that the tariffs, to take effect on April 3, amounted to a “liberation day” for the U.S. The auto tariffs would begin a day after Trump is set to announce a broader slate of trade actions. Trump’s so-called reciprocal tariffs, slated for April 2, were originally planned to equalize U.S.

Liberal Party Leader Mark Carney promised a C$2 billion ($1.4 billion) “strategic response fund” to help Canadian auto manufacturing and strengthen a supply chain that’s under threat from US tariffs, Bloomberg News reported. Carney, who became prime minister less than two weeks ago, said a government led by him would try to build an “all-in-Canada” network for auto parts, working with industry to make more parts in the country and limit the number that have to cross the Canada-US border during production. But he gave few details on how that would work.

Canadians have long been the top international travelers to the U.S. Now, they are staying home, the Wall Street Journal reported. After President Trump said that he would impose tariffs on Canada, then-Prime Minister Justin Trudeau encouraged Canadians to change their vacation plans to focus on exploring sites within the country. It worked. Canadian residents returned from 13% fewer trips by air to the U.S. in February than they did a year ago, according to preliminary data from Statistics Canada.

India will scrap a tax of 6% on digital advertisements online, the finance minister said on Tuesday, easing costs for U.S. tech giants such as Alphabet's Google, Meta and Amazon as a way of soothing U.S. trade concerns, Reuters reported. The move responds to concerns raised by Washington after President Donald Trump threatened reciprocal tariffs from April 2 on trading partners, including India, that fuelled alarm among exporters.

For a symbol of the chaos engulfing world trade since the Trump administration walked into the White House, look no further than a pile of 16,000 metric tons of steel pipes. Stevedores in Germany should be preparing to load the first batch on a ship bound for a massive energy project in Louisiana. Instead the cargo is sitting in a German warehouse after Washington proposed putting million-dollar levies on Chinese ships docking in the US, Bloomberg News reported.

President Donald Trump appeared to invent a new weapon of economic statecraft on Monday by threatening what he dubbed “secondary tariffs” on countries that buy oil from Venezuela to choke off its oil trade with other nations, Bloomberg News reported. The threat, delivered via Truth Social post then confirmed in an executive order, said countries could face 25% tariffs on trade with the US if they purchase oil and gas from Venezuela, which is already under heavy US sanctions.

Brazilian airline Gol said on Monday it had entered an exit financing commitment with certain investors, without naming them, as it eyed exiting chapter 11 bankruptcy proceedings, Reuters reported. Under the deal, the parties have committed to purchasing up to $1.25 billion of the $1.9 billion debt instruments to be issued as part of the process, which will be used to repay obligations under a debtor-in-possession financing. Read more.

An Ontario court on Friday gave Hudson’s Bay, Canada’s oldest company, permission to start liquidating all but six of its stores on Monday, the Associated Press reported. The approval from Ontario Superior Court Judge Peter Osborne allows the retailer, which dates back to 1670, to begin selling off inventory at most of its 80 Hudson’s Bay stores, three Saks Fifth Avenue locations and 13 Saks Off 5th shops in Canada. “This is the art of the possible and we are where we are today. In my view, there is no other alternative,” Judge Osborne said.