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The Latest Breaking News from Canada

Trump’s tariff gambit: As allies prepare to strike back, a costly trade war looms

On Saturday, Feb. 1, 2025, U.S. President Donald Trump announced a plan to slap steep tariffs on imports from key American trading partners – 25% on goods from Mexico and Canada and 10% on imports from China. His stated reason? To curb illegal immigration and drug trafficking.

The Conversation

Trump's North American Trade War Accomplished Nothing

Canada and Mexico agreed to keep doing things they were already doing, and Trump revealed that he cannot be trusted with unilateral tariff power.

Reason

Canada's Ambassador Rejects Trump's Proposal To Join United States

Canada's ambassador rejects Trump's annexation suggestion, emphasizing sovereignty. Temporary tariff agreement reached.

Top News

What do China's new tariffs on U.S. mean for consumers

The impact on U.S. consumers are likely to be limited so far, but experts warn of a looming ‘tit-for-tat trade war’

The Independent UK

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Seth Meyers on Trump: ‘Dismantling the government like he’s hacking away at a stolen Benz in a chop shop’

Late-night hosts discuss president’s trade war on Canada and Mexico and mass purges of government officials

The Guardian - US

In this Trump era of shakedown diplomacy, everything has a price

Friends and allies of the US president will say his recent tariff threats delivered quick wins, but he may find there are no winners in a trade war

The Guardian - UK

Despite Tariff Reprieve Canadians Worry 'Damage Already Done' To US Ties

The trade war may be on hold, but in a Canadian border city where the unhindered flow of auto parts across the bridge to Detroit supports thousands of jobs, the future remains uncertain.

International Business Times

Republican Lawmaker Admits 'Concession' Trump Got from Trudeau in Exchange for Ending Trade War Is Not New: 'At Least He's Reiterated It'

A Republican lawmaker revealed that developments made in a trade agreement between US President Donald Trump and Canadian Prime Minister Justin Trudeau are not novel developments, but just reiterations of previously added clauses to the agreement.

Latin Times

Dollar Slides and Gold Posts a Record High on Weak US Economic News

The dollar index (DXY00 ) today is down by -0.71%. The dollar is under pressure today as trade worries eased after the US delayed a 25% tariff on goods from Canada late Monday. Also, China’s restrained response to US tariffs eased concerns of a broader trade war. Stabilization of stock...

Barchart

Giller prize drops sponsor after protests over Israel arms link

Canada’s most lucrative literary award has cut ties with its 20-year partner Scotiabank after author boycotts, disrupted events and an open letter

The Guardian - UK

How Donald Trump’s attacks on Canada are stoking a new Canadian nationalism

Is the threatened trade war between Canada and the United States igniting a new form of Canadian nationalism? Polls suggest Canadians are overwhelmingly opposed to any notion of becoming the 51st American state as the U.S. anthem is being roundly booed at sporting events in Canada.

The Conversation

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Reason

Town Uses Eminent Domain To Stop Private Affordable Housing Project

Johnston, Rhode Island, Mayor Joseph Polisena promised to "use all the power of government" to stop the privately financed 252-unit project.

International Business Times

Trump's Claim That US Banks Can't Operate In Canada Called False

The Canadian Bankers Association says 16 U.S.-based bank subsidiaries operate in the country.

The Conversation

How ‘system thinking’ explains how Canada will be affected by Donald Trump’s tariff threats

United States President Donald Trump has threatened to slap tariffs on Canadian and Mexican products in a month’s time. This will lead to retaliatory tariffs by Canada against the U.S.

Al Jazeera

What tariffs are China imposing on the US – and why are they significant?

China is quick to act when US tariffs on its imports go into effect, but experts say it’s leaving room for negotiation.

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InsideEVs

Ford EV Buyers In Canada Can Get A Free Home Charger And Installation

Ford is offering a free home charger and covering standard installation costs for Canadian buyers who want to get behind the wheel of a new Mustang Mach-E, F-150 Lightning or E-Transit. The offer is part of the Ford Power Promise program which debuted last year in the United States and…

Al Jazeera

Donald Trump’s trade tariffs on Canada, Mexico and China explained visually

Mexico, Canada and China account for more than 40 percent of total goods traded with the United States.

Space

The moon will cover the Seven Sisters of the Pleiades this week. Here's how to see it

On the night of Feb. 5, a waxing gibbous moon will once again cover up the "Seven Sisters" of the famous Pleiades star cluster.

RideApart

Could Harley-Davidson or Other Motorcycle Manufacturers Move To India?

[UPDATE February 4, 2025: Late on the evening of February 3, the Trump administration announced a 30-day pause on tariffs against both Canada and Mexico.

The Conversation

The impact of Donald Trump’s anti-climate measures on our heating planet

Before assessing the impact of United States President Donald Trump’s climate and energy policies, some context about the current state of the planet is in order. United Nations Secretary General Antonio Guterres recently called the world’s fossil fuel addiction “a Frankenstein’s monster sparing nothing and no one.”

The Conversation

Trump’s trade war is forcing Canada to revive a decades-old plan to reduce U.S. dependence

After threatening Canada and Mexico with illegal tariffs, and Canada with annexation, United States President Donald Trump has agreed to hold off on imposing tariffs on Canada for at least 30 days. This decision came after Prime Minister Justin Trudeau spoke with Trump and committed to strengthening border security.

Fortune

How this manufacturing company's CFO plans to handle the tariff threat

As U.S. small businesses brace for higher costs, the CFO of Trim-Tex is mitigating risk.

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