Showing posts with label trade war. Show all posts
Showing posts with label trade war. Show all posts
Monday, August 31, 2026
‘Trump Pushes Canada Out of NATO?’: Mark Carney Drops Stunning Europe Bomb Amid Tariff War
Saturday, August 29, 2026
‘If It’s Made in the US, I Don’t Buy It’: Canadians on Boycotting Trump’s America
THE GUARDIAN: Avoiding US goods and services – from tech to whisky to air travel – has forced many to find a new way of living
Screenshot taken from this Guardian article. | A sign in a liquor shop in Vancouver, British Columbia promotes native Canadian alcohol. Photograph: Chris Helgren/Reuters
For William McDonald, 38, a diesel mechanic from Thunder Bay, Ontario, “Canadian is always the first choice,” even if it means his weekly bills are higher.
“As soon as Trump started putting those tariffs on in February [last year], I started boycotting US goods,” he said. “Avoiding American products has driven my costs up, and I’m still happy to do it.
“I used to drink US beer, but now I drink Canadian beer, and that costs me an extra C$1,000 (£531/US$720) a year. Likewise, groceries cost about C$50 more a week, but you work that extra hour to pay for it.”
McDonald likened Donald Trump’s behaviour towards Canada as “a lot like the schoolyard bully yelling and stomping their feet when they don’t get the cowering reaction they expect”. » | Jane Clinton | Saturday, August 29, 2026
For William McDonald, 38, a diesel mechanic from Thunder Bay, Ontario, “Canadian is always the first choice,” even if it means his weekly bills are higher.
“As soon as Trump started putting those tariffs on in February [last year], I started boycotting US goods,” he said. “Avoiding American products has driven my costs up, and I’m still happy to do it.
“I used to drink US beer, but now I drink Canadian beer, and that costs me an extra C$1,000 (£531/US$720) a year. Likewise, groceries cost about C$50 more a week, but you work that extra hour to pay for it.”
McDonald likened Donald Trump’s behaviour towards Canada as “a lot like the schoolyard bully yelling and stomping their feet when they don’t get the cowering reaction they expect”. » | Jane Clinton | Saturday, August 29, 2026
Thursday, August 27, 2026
Canada Stands Up to America as Trump Imposes 50% Tariffs on Its Closest Ally
Aug 27, 2026 | Donald Trump’s ludicrous tariff policy has become a defining feature of his second term, imposing costs on American businesses and consumers while raising serious questions about the limits of presidential power.
His escalating trade dispute with Canada, which has chosen to resist rather than submit to American pressure, highlights both the economic and constitutional consequences of his approach.
With courts challenging the legality of his tariffs, Congress and the judiciary now face a crucial test of whether they will enforce constitutional limits and prevent the president from using trade policy to punish American workers and consumers.
ANTHONY DAVIS can be supported on Patreon here »
His escalating trade dispute with Canada, which has chosen to resist rather than submit to American pressure, highlights both the economic and constitutional consequences of his approach.
With courts challenging the legality of his tariffs, Congress and the judiciary now face a crucial test of whether they will enforce constitutional limits and prevent the president from using trade policy to punish American workers and consumers.
ANTHONY DAVIS can be supported on Patreon here »
Tuesday, August 25, 2026
Donald Trump Just Started a Fight He Can't Win | Steve Schmidt"
Trump’s Trade War with Canada Could Get ‘Very Nasty’ | Sarah Baxter
Aug 25, 2026 | “It could get very nasty indeed, economically, for both sides.”
Trump’s latest attack on Canada is “particularly farcical”, with threats to increase tariffs on Canadian car imports. However, a trade war could damage both countries, says Sarah Baxter, director of the Marie Colvin Center for International Reporting.
Trump’s latest attack on Canada is “particularly farcical”, with threats to increase tariffs on Canadian car imports. However, a trade war could damage both countries, says Sarah Baxter, director of the Marie Colvin Center for International Reporting.
Mark Carney Says Canada Can’t Accept US Trade Deal That Would Weaken French Language
THE GUARDIAN: Prime minister praised for rejecting US trade proposal as Trump shows little interest in retreating from dispute
Screenshot taken from this Guardian article. | Prime Minister Mark Carney, left, and Canada-US trade minister Dominic LeBlanc at a news conference on Parliament Hill in Ottawa on Saturday. Photograph: Patrick Doyle/The Canadian Press via AP
Mark Carney said on Monday that while American negotiators saw the French language in Canada as an “irritant … in Quebec, these are rights,” days after receiving widespread praise from political leaders for rejecting a US trade proposal that many perceived as weakening the country’s Francophone culture.
The prime minister’s remarks came hours after the US president, Donald Trump, showed little interest in retreating from the spat, posting on social media that Canada had been “ripping off the United States of America for years” and threatening a swath of new, economically devastating tariffs on cars and trucks.
Carney instructed his negotiators to walk away from trade talks last week. Tariffs on an array of Canadian products took effect over the weekend, affecting around 5% of Canada’s exports to the US, and Canada said it will retaliate in early September.
On Monday, Carney toured a shipyard with Quebec’s premier, telling attendees Canada “could not accept” a proposed trade deal that would have weakened French language protections after trade talks collapsed between the two countries last week, adding that his government “will not give what they have asked”.
The prime minister’s decision to abandon trade talks with the US spurred declarations from political leaders and pundits in Canada that the country is now fully locked into an economic war with its longtime ally. » | Leyland Cecco in Toronto | Monday, August 24, 2026
How lucky Canadians are! They are being led by a cultured gentleman with oodles of refinement, sophistication, intelligence, and class. Americans, by contrast, are being led by a philistine! — © Mark Alexander
ALSO READ:
From ‘Fortress North America’ to All-Out Trade War: How the U.S.-Canada Talks Collapsed: Detailed accounts of the final hours of the negotiations show that, while the United States offered Canada what it said was the best deal of any country, what Canada had to give up in exchange was seen as unthinkable. »
U.S. Tariffs Could Price Canadian Firms Out of U.S. and Threaten Thousands of Jobs: The 50 percent tariffs President Trump imposed on Canadian exports to the United States will make it impossible for many Canadian companies to continue to sell to the U.S. market, economists say. »
Mark Carney said on Monday that while American negotiators saw the French language in Canada as an “irritant … in Quebec, these are rights,” days after receiving widespread praise from political leaders for rejecting a US trade proposal that many perceived as weakening the country’s Francophone culture.
The prime minister’s remarks came hours after the US president, Donald Trump, showed little interest in retreating from the spat, posting on social media that Canada had been “ripping off the United States of America for years” and threatening a swath of new, economically devastating tariffs on cars and trucks.
Carney instructed his negotiators to walk away from trade talks last week. Tariffs on an array of Canadian products took effect over the weekend, affecting around 5% of Canada’s exports to the US, and Canada said it will retaliate in early September.
On Monday, Carney toured a shipyard with Quebec’s premier, telling attendees Canada “could not accept” a proposed trade deal that would have weakened French language protections after trade talks collapsed between the two countries last week, adding that his government “will not give what they have asked”.
The prime minister’s decision to abandon trade talks with the US spurred declarations from political leaders and pundits in Canada that the country is now fully locked into an economic war with its longtime ally. » | Leyland Cecco in Toronto | Monday, August 24, 2026
How lucky Canadians are! They are being led by a cultured gentleman with oodles of refinement, sophistication, intelligence, and class. Americans, by contrast, are being led by a philistine! — © Mark Alexander
ALSO READ:
From ‘Fortress North America’ to All-Out Trade War: How the U.S.-Canada Talks Collapsed: Detailed accounts of the final hours of the negotiations show that, while the United States offered Canada what it said was the best deal of any country, what Canada had to give up in exchange was seen as unthinkable. »
U.S. Tariffs Could Price Canadian Firms Out of U.S. and Threaten Thousands of Jobs: The 50 percent tariffs President Trump imposed on Canadian exports to the United States will make it impossible for many Canadian companies to continue to sell to the U.S. market, economists say. »
Monday, August 24, 2026
Democracy Now! “Most Stupid Trade Fight in History”: US & Canadian Workers Lose in Trump’s New Tariff War
August 24, 2026 | The US-Canada trade war is deepening after talks collapsed without a deal on Friday. Canadian Prime Minister Mark Carney accused the Trump administration of issuing demands that would compromise Canada’s sovereignty and undermine key industries.
On Saturday, the United States slapped 50% tariffs on around $20 billion worth of imports from Canada, and Carney announced retaliatory tariffs on $20 billion of US products set to go into effect on September 8.
Democracy Now! can be supported here »
On Saturday, the United States slapped 50% tariffs on around $20 billion worth of imports from Canada, and Carney announced retaliatory tariffs on $20 billion of US products set to go into effect on September 8.
Democracy Now! can be supported here »
Here’s Why the US Sees Québec’s French-language Laws as a Trade Barrier
Aug 23, 2026 | The fallout from the collapse of Canada-U.S. trade talks goes beyond tariffs. One of the issues that derailed negotiations is a familiar point of tension – Québec’s French language laws.
The U.S. says the rules create barriers for American businesses seeking access to the Québec market. But as Felicia Parillo explains, Québec says protecting the language is non-negotiable.
Trump is such a philistine! — G Mark Alexander
The U.S. says the rules create barriers for American businesses seeking access to the Québec market. But as Felicia Parillo explains, Québec says protecting the language is non-negotiable.
Trump is such a philistine! — G Mark Alexander
Sunday, August 23, 2026
US-Canada Trade War: The Cost of Fighting Back | DW News
Friday, October 24, 2025
Trump Tarnishes Reagan's Legacy in Trade War with Canada
Monday, March 24, 2025
Canadian Prime Minister: Trump Wants to Break Us
Friday, March 21, 2025
See Canadian Official’s Response to Trump’s Verbal Attack on Canada
Wednesday, March 19, 2025
Trump Plots Tariffs Worth ‘Trillions’ on World Economy
THE TELEGRAPH: Donald Trump is preparing to impose tariffs on “trillions” of dollars worth of goods next month as he ramps up his global trade war.
The US president has already raised tariffs on roughly $800bn (£616bn) worth of goods from China, Mexico and Canada and introduced levies on global imports of steel and aluminium last week.
White House officials are drawing up plans to impose the levies on imports worth “trillions” from April 2, according to the Washington Post.
Mr Trump has said he would impose “reciprocal tariffs” on that date, which he said would be “a liberating day for our country”. » | Telegraph | Wednesday, March 19, 2025
The US president has already raised tariffs on roughly $800bn (£616bn) worth of goods from China, Mexico and Canada and introduced levies on global imports of steel and aluminium last week.
White House officials are drawing up plans to impose the levies on imports worth “trillions” from April 2, according to the Washington Post.
Mr Trump has said he would impose “reciprocal tariffs” on that date, which he said would be “a liberating day for our country”. » | Telegraph | Wednesday, March 19, 2025
Monday, March 17, 2025
Trump’s Trade War Will Damage Growth OECD Warns | BBC News
Mar 17, 2025 | Economic organisation has said that President Donald Trump’s tariffs will be bad for global economic growth and living standards.
The leading economic think tank the OECD has shared its forecast saying the global economy will only grow by 3.1% this year.
The biggest changes will be felt in the United States's neighbours Mexico and Canada.
This is a self-inflicted wound. What comes will be a trumpcession. – © Mark Alexander
The leading economic think tank the OECD has shared its forecast saying the global economy will only grow by 3.1% this year.
The biggest changes will be felt in the United States's neighbours Mexico and Canada.
This is a self-inflicted wound. What comes will be a trumpcession. – © Mark Alexander
Wednesday, March 12, 2025
Wall Street Journal Slams Trump for ‘Dumbest Trade War in History’
Tuesday, March 11, 2025
'We Will Not Back Down, We Will Be Relentless': Ontario Premier Slams Trump Tariffs
Tuesday, February 04, 2025
Hedge Funds Bet Trump Trade War Will Spark Global Recession
THE TELEGRAPH: Investors race to sell shares in North American and European companies amid market turmoil
Hedge funds scrambled to sell shares in North American and European companies last month in a sign that the world’s top money managers are preparing for a global recession.
Hedge funds piled out of stocks which might be vulnerable to an economic slump in January, according to data from Goldman Sachs, amid growing concerns about market turmoil and the prospect of a global downturn.
The funds instead focused on buying shares that are most likely to withstand any incoming recession, including by picking up stocks that generate reliable returns regardless of the state of the economy, such as healthcare and utilities companies.
Bruno Schneller, of asset manager Erlen Capital Management, said: “The rotation into more resilient sectors suggests hedge funds are positioning for a potential economic downturn.” » | Louis Goss, Business Reporter | Tuesday, February 4, 2025
Hedge funds scrambled to sell shares in North American and European companies last month in a sign that the world’s top money managers are preparing for a global recession.
Hedge funds piled out of stocks which might be vulnerable to an economic slump in January, according to data from Goldman Sachs, amid growing concerns about market turmoil and the prospect of a global downturn.
The funds instead focused on buying shares that are most likely to withstand any incoming recession, including by picking up stocks that generate reliable returns regardless of the state of the economy, such as healthcare and utilities companies.
Bruno Schneller, of asset manager Erlen Capital Management, said: “The rotation into more resilient sectors suggests hedge funds are positioning for a potential economic downturn.” » | Louis Goss, Business Reporter | Tuesday, February 4, 2025
Friday, September 02, 2022
EU Warns Next PM Unilateral Action on Brexit Deal Is of ‘Great Concern’
THE GUARDIAN: European Commission vice-president, Maroš Šefčovič, says it is ‘legally and politically inconceivable’
EU Commission vice-president, Maroš Šefčovič. Photograph: Martin Divíšek/EPA
The EU has warned the incoming British prime minister, likely to be Liz Truss, that any unilateral action to scrap part of the Brexit deal is legally and politically of “great concern” across the continent.
The warning by the European Commission vice-president, Maroš Šefčovič, comes just days before the new prime minister is expected to confirm they will press ahead with new laws to dismantle the arrangements for Northern Ireland.
Truss and Sunak have both committed to carrying through with the Northern Ireland protocol bill in their leadership campaigns, despite the threat of a retaliatory trade war with the EU.
“The unilateral action is naturally of great concern,” Šefčovič told an audience that included invited ministers from the British and Irish governments. » | Lisa O'Carroll, Brexit correspondent | Friday, September 2, 2022
The EU has warned the incoming British prime minister, likely to be Liz Truss, that any unilateral action to scrap part of the Brexit deal is legally and politically of “great concern” across the continent.
The warning by the European Commission vice-president, Maroš Šefčovič, comes just days before the new prime minister is expected to confirm they will press ahead with new laws to dismantle the arrangements for Northern Ireland.
Truss and Sunak have both committed to carrying through with the Northern Ireland protocol bill in their leadership campaigns, despite the threat of a retaliatory trade war with the EU.
“The unilateral action is naturally of great concern,” Šefčovič told an audience that included invited ministers from the British and Irish governments. » | Lisa O'Carroll, Brexit correspondent | Friday, September 2, 2022
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