Business

Economic Development Lethbridge has accepted recommendations from a City of Lethbridge review and plans to change how it measures and reports its performance.

Lethbridge businesses and consumers could face rising costs as the Canada-U.S. trade dispute puts pressure on cross-border supply chains, a University of Lethbridge political science professor said.

The federal government announced tariffs on $27.6 billion in U.S. goods and a $7.5-billion support package Tuesday in Ottawa to help Canadian businesses and workers withstand the escalating trade war.

U.S. President Donald Trump threatened Monday to impose 50-per-cent tariffs on Canadian vehicles and auto parts, then attacked Prime Minister Mark Carney and Ontario Premier Doug Ford as the Conservative opposition demanded details of failed trade negotiations.

Prime Minister Mark Carney said Canada was under economic attack Saturday after trade negotiations collapsed, new U.S. tariffs took effect and he suggested divisions inside U.S. President Donald Trump’s administration contributed to the breakdown.

Canada suspended trade negotiations with the United States and pledged dollar-for-dollar retaliation as additional 50-per-cent U.S. tariffs took effect early Saturday on about $28 billion in Canadian goods.

The United States postponed planned 50 per cent tariffs on a range of Canadian goods for three days as U.S. President Donald Trump said the two countries had reached a trade deal.

A tentative agreement ended WestJet’s flight-attendant strike early Monday.

WestJet flight attendants went on strike Sunday after the airline and their union failed to reach a new collective agreement.