Trump, Mark Carney and Canada
Digest more
US trade war - a new missive by US Donald Trump threatening an unexpected 35% tariff on Canadian goods starting next month. It came as the two countries engage in intense trade talks meant to produce a new deal in the coming days and what the latest tariff threat means for these negotiations is unclear.
The Canadian government told employees they may face job losses, as Prime Minister Mark Carney searches for spending cuts to keep the budget deficit in check.
Canadian Prime Minister Mark Carney's statement came after US President Donald Trump said the new tariff rate would go into effect on August 1 and would go up if Canada retaliated.
Trump suggested in February that he wanted to revive the Keystone XL project. The president sees it as a way to strengthen the American energy security market by ramping up oil deliveries from Canada while reducing U.S. reliance on oil imports from volatile regions around the world.
13don MSN
The Canadian government said “in anticipation” of a trade deal “Canada would rescind” the Digital Serves Tax. The plan to tax U.S. technology firms was set to go into effect Monday.
Canada would bear the brunt of Trump's tariffs in terms of economic contraction, says The Budget Lab of Yale.
The investments that Prime Minister Mark Carney held before handing them over to a blind trust have been publicly disclosed by the ethics commissioner.
National Security Journal on MSN3d
Canada’s F-35 Fighter Crisis Summed Up in 2 WordsCanadian Prime Minister Mark Carney has confirmed his government’s review of its C$19 billion F-35 fighter jet deal will be completed by the end of the summer, a move fueled by rising tensions with the Trump administration.