As Canadians absorb U.S. President Donald Trump's trade war and his threats to make Canada the 51st state, one thing has become abundantly clear: One of the world's most durable and amicable alliances — born of geography, heritage and centuries of common interests — is broken.

Canadians are feeling an undeniable sense of betrayal after Trump declared a trade war against America's northern neighbor and longtime ally. Trump keeps threatening Canada's sovereignty and and vowing to put sweeping 25% tariffs on Canadian products, though Canadian Prime Minister Justin Trudeau said Monday afternoon the tariffs will be postponed by at least 30 days after he promised more cooperation on the border.

China countered President Donald Trump's across-the-board tariffs on Chinese products with tariffs on select U.S. imports Tuesday, as well as announcing an antitrust investigation into Google and other trade measures.

U.S. tariffs on products from Canada and Mexico were also set to go into effect Tuesday before Trump agreed to a 30-day pause as the two countries acted to appease his concerns about border security and drug trafficking. Trump planned to talk with Chinese President Xi Jinping in the next few days.

PepsiCo's revenue fell slightly in the fourth quarter as North American consumers continued to pull back on purchases of Frito-Lay snacks and drinks.

The Purchase, New York, company reported revenue of $27.78 billion for the October-December period Tuesday. That was short of Wall Street's forecast of $27.89 billion, according to analysts polled by FactSet.

The conviction of a former American Nissan executive for allegedly helping fugitive former Chairman Carlos Ghosn hide income was upheld by a Japanese appeals court Tuesday, which also rejected prosecutors' bid to overturn his acquittals on other counts.

Greg Kelly, a lawyer and former executive vice president at Nissan Motor Corp, was convicted in 2022 of charges related to only one of eight years during which prosecutors said he under-reported Ghosn's income. Kelly, who received a 6-month sentence suspended for three years and was allowed to return to Tennessee, did not attend the hearing.

Ahead of tariffs starting Tuesday, President Donald Trump posted on social media that he spoke Monday morning with Canadian Prime Minister Justin Trudeau and would "be speaking to him again at 3:00 P.M."

Trump has said he also would talk Monday with his counterpart in Mexico. Both Canada and Mexico are about to levy their own tariffs in response to U.S. actions.

U.S. President Donald Trump is set to unveil fresh tariffs Saturday on major trading partners Canada, Mexico and China, threatening upheaval across supply chains from energy to autos and raising inflation concerns.

Trump has promised to impose 25 percent tariffs on immediate neighbors Canada and Mexico, pointing to their failure to stop illegal immigration and the flow of fentanyl across U.S. borders.

Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday following a rush of profit reports from some of the country's most influential companies.

The S&P 500 rose 0.5%, as four out of every five stocks in the index climbed. The Dow Jones Industrial Average added 168 points, or 0.4%, and the Nasdaq composite gained 0.3%.

President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he's still considering whether to include oil from those countries as part of his import taxes.

"We may or may not," Trump told reporters Thursday in the Oval Office about tariffing oil from Canada and Mexico. "We're going to make that determination probably tonight."

Five years ago Friday, two crowds of people gathered near Britain's Parliament — some with Union Jacks and cheers, others European Union flags and tears.

On Jan. 31, 2020 at 11 p.m. London time – midnight at EU headquarters in Brussels — the U.K. officially left the bloc after almost five decades of membership that had brought free movement and free trade between Britain and 27 other European countries.

The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.

The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.3% annual rate from October through December.