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The Latest Breaking News from Canada

Wall Street sees 35% Canada tariff as just a negotiation tactic: ‘Tariffs are Trump’s hammer for every nail’

President Donald Trump announced a new set of duties on Canadian goods that were not covered by existing sectoral tariffs.

Fortune

Trump's Tariff Threats And Delays: State Of Play

US trading partners braced for a volley of tariff hikes this week, but a deadline for their imposition came and went as President Donald Trump delayed them again until August -- but unveiled new copper duties and increased levies on Canada and Brazil.

International Business Times

Trump dooms Americans with sudden move, leaves the future bleaker and costlier than it was before

Chaos = running the country.

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Now America Is Trying To Derail Canada’s EV Plans

We also explain why Panasonic is delaying its U.S. battery production targets and why the rollout of the new Nissan Leaf may be slower than expected.

InsideEVs

Trump Hits Canada With 35% Tariff, Then Dangles a Deal If They Help Him With 'One Thing'

Trump threatens 35% tariffs on Canada, promising relief only if Canada cooperates on stopping fentanyl trafficking. Trade wars escalate.

International Business Times UK

Enduring confusion is the only certainty amid Trump’s latest tariff threats

Experts suspect ‘front loading’ of activity may mask deeper impact of tariffs on the US economy

The Guardian - UK

Trump Imposes 35% Tariff On Canadian Goods, Citing Border Security And Trade Imbalances

The surprise announcement, made via formal letters to Canadian officials late Thursday, significantly raises existing duties—many of which stood at 25%—and casts a shadow over one of the United States' closest economic partnerships.

International Business Times

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Dollar Gains on Tariff Escalation

The dollar index (DXY00 ) today is up by +0.24% and just below Thursday's 2-week high. The dollar is moving higher today due to a slump in stocks, which has boosted some liquidity demand for the dollar. Also, President Trump's threats to boost tariffs on Canada and other US trading...

Barchart

The Kash Patel Loyalty Test

Plus: Canada tariffs, New York City overtaken by sharks, Paxton cheating scandal, and more...

Reason

Why has Trump hit Canada with a 35 percent trade tariff?

New levies, which come on top of tariffs on auto parts and industrial metals, will come into effect on August 1.

Al Jazeera

Bitcoin, Ethereum, XRP, Dogecoin Go Parabolic As 'Money-Making Season' Gains Steam

Cryptocurrency markets are rallying on Friday morning, with an announcement by President Trump that Canada may face 35% tariffs doing little to halt bullish momentum.

Benzinga

Elon Musk's Tesla Cleared Of Fraud By Canada In $43 Million ZEV Rebates Case: Report

Transport Canada, the apex regulatory body in Canada that oversees transport regulations in the country, cleared Tesla Inc. (NASDAQ:TSLA) of any wrongdoing in Canada's Incentives for Zero Emission Vehicles (iZEV) rebate program.

Benzinga

EU awaits letter from Donald Trump outlining new tariffs – as it happened

Donald Trump said overnight that group of US trading partners, including the bloc, would get a letter ‘today or tomorrow’

The Guardian - UK

Trump cites Canada’s fentanyl ‘failure’ in new tariff threat

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The Independent UK

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The Independent UK

Quebec trolls Trump’s America with new tourist campaign

A tourism board in Quebec, Canada has poked fun at the US with its new campaign aimed at getting Americans to visit.

Euronews

Trump says he will hike tariffs on Canadian goods to 35%

It was unclear from Trump's Thursday letter how the higher tariffs would interact with the 2020 United States Mexico Canada Agreement that Trump negotiated. Under the current tariff regime, the USMCA has protected eligible goods. But a review of the pact is scheduled for 2026.

Al Jazeera

Trump slaps 35 percent tariff on Canada starting August 1

US president also eyes blanket tariffs of 15 to 20 percent on other trading partners as his trade war widens.

International Business Times

Trump Threatens Canada With 35 Percent Tariff Rate Starting Aug 1

Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney.

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The Guardian - UK

US will impose 35% tariffs on Canadian imports, Trump says in letter

New levies, apart from the 25% on auto parts and 50% on steel and aluminium, will come into effect on 1 August

The Conversation

Returning to the office isn’t the answer to Canada’s productivity problem — and it will add pressure to urban housing

As companies face pressure to increase productivity, many are calling workers back to the office — even though there is limited evidence that return-to-office policies actually improve innovation or performance.

The Conversation

International students’ stories are vital in shaping Canada’s future

Over the past decade, international students have navigated a complex and challenging landscape shaped by neoliberal policies.

The Conversation

Gene-edited pigs may soon enter the Canadian market, but questions about their impact remain

The Canadian government is currently considering approving the entry of gene-edited pigs into the food system.

The Guardian - UK

Arsenal to break world-record fee by signing Liverpool’s Olivia Smith for £1m

Arsenal have agreed the first £1m transfer fee in women’s football after Liverpool accepted a world-record offer for the Canada forward Olivia Smith

RideApart

If You Have Any Of These Motorcycle and Snowmobile Helmets, Stop Wearing Them Now

Helmet maker 509, along with Polaris, are recalling certain youth helmets because they fail to provide sufficient protection in a crash in the US and Canada.

Motorsport

How Mercedes will help Kimi Antonelli recover from a run of tough F1 results

Andrea Kimi Antonelli may lack experience in Formula 1 – the teenager in his first season in the series and under the Mercedes microscope – but if he is concerned about a run of grands prix that has seemingly set him back, he has the right mentor and team principal…

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