Latest in Canada's Retaliatory Tariffs
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New Canada PM Mark Carney to visit Paris and London amid attacks from Trump
Newly minted prime minister will sit down with Macron and Starmer but has no immediate plans to meet with Donald Trump. Mark Carney, the new Canadian prime minister, is headed to Paris and London ...The Guardian - 4h -
Northern Ireland risks becoming ‘collateral damage’ in transatlantic trade war
Post-Brexit deal means EU tariffs would apply, putting the region at a disadvantage if UK wins US tariff exemptionFinancial Times - 2d -
Transcript: Homeland Security Secretary Kristi Noem on "Face the Nation with Margaret Brennan," March 9, 2025
The following is the transcript of an interview with Kirsten Hillman, U.S. ambassador to Canada, that aired on "Face the Nation with Margaret Brennan" on March 9, 2025.CBS News - Mar. 9 -
Carney talks tough on Trump threat - but can he reset relations?
Canada's next PM, who described the US as a "country we can no longer trust", will need to work with the US president.BBC News - Mar. 10 -
This Is Who Loses in a Trade War
Europe, not Canada, Mexico or China, is most vulnerable to the fallout from Donald Trump’s mercantilist policies.The New York Times - Mar. 10 -
Watch: Key moments in Mark Carney's road to becoming prime minister
Mark Carney has won the race to succeed Justin Trudeau as Canada's prime minister and Liberal Party leader.BBC News - 6d -
Trade Wars - The return of Mark Carney
New Prime Minister of Canada vows to win trade war against President Trump.BBC News - 6d -
Ontario's Doug Ford warns of 'Trump recession,' threatens electrical shutoff to U.S.
Trump said that if Canada cuts off electricity exports to the United States as part of the ongoing trade war "they will pay a financial price for this."CNBC - 5d -
Wall Street slide pulls S&P 500 into correction territory
Donald Trump’s latest trade broadside against Canada sparks renewed declines in volatile sessionFinancial Times - 5d -
Panthers road trip continues against Montreal squad fighting for playoff spot
The Florida Panthers will be looking to make it a perfect visit to Canada when they visit the Montreal Canadiens on Saturday night.Yahoo Sports - 2d -
Scotland upset champions at women's Worlds - watch on BBC
Scotland open with victory over defending champions Canada at the World Women's Curling Championship in South Korea.Yahoo Sports - 1d -
Trump’s Tariffs by Whim Keep Allies and Markets Off Balance
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.The New York Times - Mar. 7 -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - Mar. 7 -
US lumber prices slide on Trump’s Canadian tariffs delay
Futures close to record high after US orders investigation into dumping practicesFinancial Times - Mar. 9 -
Steve Kornacki: How the economy is responding to Trump’s on-again, off-again tariffs
NBC News National Political Correspondent Steve Kornacki joins Meet the Press to look at how the markets are responding to President Donald Trump’s trade policies.NBC News - Mar. 9 -
Morning Report — This week: Funding suspense, tariff two-step, DOGE bites
In today’s issue: Speaker Mike Johnson (R-La.) says he has the votes to dodge a possible government shutdown by next weekend. A floor vote could happen Tuesday under his plan, which envisions ...The Hill - 6d -
Trump, tariffs and wars drain funds from climate action, warns Brazil
‘Triple negative’ puts world on course for ‘civilisation doom’, says environment ministerFinancial Times - 6d -
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
Automakers Volkswagen and Stellantis have confirmed that their vehicles made in North America will be exempt from U.S.NBC News - 6d -
Who Likes Tariffs? Some U.S. Industries Are Eager for Them.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.The New York Times - 6d -
Stocks plunge, market closes down on recession fears amid escalating tariffs
The major stock indexes plunged on Monday amid fears of a possible recession.ABC News - 6d -
Trump defends tariffs in speech to business leaders amid market turmoil
Trump to speak with corporate leaders after stocks plummetNBC News - 5d -
Rand Paul: ‘When the markets tumble like this in response to tariffs, it pays to listen’
Sen. Rand Paul (R-Ky.), who has long been considered one of the Senate’s budget hawks, recently gave advice that when the stock market tumbles, “it pays to listen.” “The stock market is comprised ...The Hill - 5d -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
What the White House wants and what the economic realities of manufacturing and trade are don’t line up, experts say.NBC News - 5d -
Starmer will not impose immediate UK counter-tariffs to US steel levies
PM to take a ‘cool-headed’ approach as he tries to steer clear of transatlantic trade warFinancial Times - 5d -
C.E.O.s Will Meet With Trump Amid Fears About Tariffs’ Fallout
The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.The New York Times - 5d -
Dick’s Sporting Goods faces tariff ‘unknowns’ and issues conservative outlook
“The convergence of sport and culture in our country has never been stronger, and with a series of major sporting events set to take place in the U.S.,” the company said.MarketWatch - 5d -
Tariffs are causing stock-market panic and leading investors into riskier options trading
Less than two months into his second term, President Donald Trump is already making stock-market volatility great again. That’s been a boon for the options market.MarketWatch - 5d -
Toyota considers exporting from UK to US to ease impact of Trump tariffs
Senior European executive of world’s largest carmaker also warns of more turbulence for the sectorFinancial Times - 5d -
Sony and Nintendo play the long game over Trump tariffs
Despite the recent sell-off, the broader outlook for gaming remains strongFinancial Times - 5d -
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.CNBC - 5d -
FirstFT: EU retaliates to US tariffs on steel and aluminium imports
Also in today’s newsletter, Ukraine agrees immediate 30-day ceasefire and Palantir boss becomes one of highest paid tech bossesFinancial Times - 4d -
Trump’s tariffs won’t solve the opioid crisis, but a deal with China might
They provide leverage that Trump should use to strike a deal with China to more comprehensively regulate its pharmaceutical and chemical industries.The Hill - 4d -
Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.The New York Times - 4d -
Corporate Gloom Deepens as New Trump Tariffs Take Effect
Businesses need stability and clarity and instead they are getting calamity from Washington.Inc. - 4d -
Trouble is brewing for local beer companies as Trump slaps tariffs on aluminum
The math is tight for Thom Cheston.NBC News - 4d -
Chinese authorities summon Walmart executives over Trump’s tariffs
Move comes after reports that retailer asked its suppliers to cut prices in response to US leviesFinancial Times - 4d -
Trump’s tariff fight may be making this early recession signal go haywire
Bonds issued by retailers with “junk” credit ratings have been hit by selling as consumer confidence falls, but the selloff isn’t widespreadMarketWatch - 4d -
Former Treasury secretary on Trump's tariffs: 'People are overreacting a bit'
Former Treasury Secretary Steve Mnuchin believes that the economy is not in trouble and that people are overreacting to the new administration's policy changes.The Hill - 4d -
US junk bonds slide as Trump’s tariffs spark economic worries
Premium investors’ demand to hold riskier debt jumps to highest level in six monthsFinancial Times - 4d -
Stock Market Remains Uncertain Amid Trump’s Whipsawing Tariffs and Budget Cuts
The administration’s whipsawing moves are leaving investors guessing. The risk is that this uncertainty comes at a real cost to the economy.The New York Times - 3d
