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Global stock markets slumped Tuesday after President Donald Trump threatened to put tariffs on another $200 billion US in imports from China, and the Chinese government said it would retaliate, bringing tensions between the world's two largest economies closer to a boil. Source

A new report from Scotiabank spells out four potential scenarios for Canada if trade tensions with the U.S. continue to escalate, but one of the bank’s top economists is anticipating a more benign outcome. Scotiabank said a recession across North America, more tariffs from both the U.S. Source

A free laneway house in a market where the benchmark price for a detached home is over $1.6 million is bound to come with a catch -- and it does. A Vancouver entrepreneur is offering to build prefabricated laneway houses free of charge for homeowners with space in their backyards, as long as they let him collect rent from the tenants for 12 years. Source

WASHINGTON -- U.S. President Donald Trump has directed the U.S. Trade Representative to prepare new tariffs on $200 billion in Chinese imports as the two nations move closer to a trade war. In response, China has threatened what it called "comprehensive measures," raising the risk that it would target operations of major American companies in China. Source

An Ontario couple is seeking compensation from an airline after one of their checked bags was destroyed without their consent. Totaram Drigpal and Nutan Ramcharan recently returned home from a trip to Guyana where they were visiting with friends and family. Source

Competition is heating up for Canada's most price-sensitive travellers as WestJet Airlines gears up to launch the country's second ultra-low cost airline Wednesday. Swoop, an offshoot of WestJet Airlines, will make its maiden flight on its pink and white aircraft before the sun rises in Hamilton, Ont. Source

TOKYO -- Kazuo Kashio, one of four brothers who founded Casio Computer Co., the Japanese company behind G-Shock watches, has died at age 89. Kashio, who was chairman and served previously as president, died at a Tokyo hospital on Monday of aspiration pneumonia, which is set off by breathing in food or liquids, the company announced Tuesday. Source

MONTREAL - Competition is heating up for Canada's most price-sensitive travellers as WestJet Airlines gears up to launch the country's second ultra-low cost airline Wednesday. Swoop, an offshoot of WestJet Airlines, will make its maiden flight on its pink and white aircraft before the sun rises in Hamilton, Ont. Source

Donald Trump's threat to slap tariffs on Canadian cars and car parts could cost the country up to 160,000 jobs, especially if Canada retaliates, TD Bank warns. In a report Monday, senior economist Brian DePratto crunched some numbers on the economic impact of a 10 per cent tariff on car parts, and a stiffer 25 per cent levy on fully assembled vehicles. Source

BEIJING - Asian stocks tumbled Tuesday after U.S. President Donald Trump escalated a dispute with Beijing over technology policy by threatening a tariff hike on additional Chinese goods. KEEPING SCORE: The Shanghai Composite Index fell 3.7 per cent to 2,914.05 and Hong Kong's Hang Seng dropped 2.7 per cent to 29,500.22. Source