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The Latest Breaking News from Mark Carney

Markets wobble after Trump threatens Canada with 35% tariff over alleged 'flow of Fentanyl'

The S&P 500 fell 0.33%, the Nasdaq dropped 0.23%, and the Dow dipped 0.63%.

Fortune

Trump gets aggressive in tariff push: Canada threats, blanket rates and ‘TACO’ create uncertainty for future

America’s trading partners brace for another series of tariff proposals that have blindsided allies

The Independent UK

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

Chaos = running the country.

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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

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

First Thing: US state department to lay off nearly 15% of its domestic staff

Move comes after supreme court sides with Trump. Plus, Florida records more than 700,000 human trafficking victims in 2024

The Guardian - UK

Threats, delays and confusion: 10 key points to understand another week of Trump tariff turmoil

As the US president’s 9 July deadline came and went, the White House launched a range of new trade ultimatums at countries across the world

The Guardian - AU

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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.

Euronews

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.

Al Jazeera

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.

International Business Times

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 Guardian - UK

Calls to designate the Bishnoi gang a terrorist group shine a spotlight on Canada’s security laws

British Columbia Premier David Eby recently called on Prime Minister Mark Carney to designate the India-based Bishnoi gang a terrorist organization.

The Conversation

This Fourth of July, the world declares its independence from America

America is turning away from itself, and the rest of the world must follow

The Guardian - US

With his immigration bill, Canada’s prime minister is bowing to Trump

Mark Carney’s Strong Borders Act would mean a crackdown on refugees as Canada seeks to bolster its relationship with the US

The Guardian - US

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Benzinga

'Spotlight On Canada': Deep Sky's $40M DAC Hub Backed By Bill Gates Draws Global Carbon Tech Surge After Trump Fuels U.S. Climate Uncertainty

Canadian climate startup Deep Sky is rapidly emerging as a leader in carbon removal after completing construction on what it calls the world's first test hub dedicated entirely to direct air capture technologies. Located in Alberta, the Alpha facility has secured contracts with eight companies from the U.S., Canada, the…

The Guardian - US

Trump news at a glance: Republicans scramble to pass ‘one big, beautiful bill’ as deadline looms

Voting continued as lawmakers proposed amendments that could prove tricky for Republicans. Key US politics stories from Monday 30 June

International Business Times

White House Says Canada 'Caved' To Trump On Tech Tax

The White House said Monday that Canadian Prime Minister Mark Carney had "caved" to President Donald Trump, after Canada dropped a tax on US tech firms that prompted Trump to call off trade talks.

The Independent UK

Canada folds on tech tax after Trump calls it ‘blatant attack’ on US

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The Independent UK

Canada ditches its tech tax after Trump walks away from negotiating table

The move comes after President Donald Trump said he would suspend trade talks with Canada over the tax

Euronews

Canadian Prime Minister Carney says trade talks with US resume after Canada rescinded tech tax

Canada and Mexico face separate tariffs of as much as 25% that Trump put into place under the auspices of stopping fentanyl smuggling.

International Business Times

Canada Rescinds Tax On US Tech Firms In Hopes Of Trump Trade Deal

Canada will rescind taxes impacting US tech firms that had prompted President Donald Trump to retaliate by calling off trade talks, Ottawa said Sunday, adding that negotiations with Washington would resume.

Al Jazeera

Canada rescinds digital services tax after Trump suspends trade talks

Canada’s prime minister says trade talks with US will resume with decision to drop new levy.

The Guardian - US

White House says Canadian PM ‘caved’ to Trump demand to scrap tech tax

Trump officials hail U-turn as Mark Carney says decision to rescind digital services tax means revival of trade talks

Al Jazeera

‘Hey Daddy’: How different world leaders massage Trump’s ego

Does Trump’s personal relationship with world leaders have any bearing on his policies towards their countries?

Al Jazeera

What was Canada’s digital tax that Trump threatened trade talks over?

Canadian PM Mark Carney said on Sunday he and President Donald Trump had agreed to resume trade negotiations.

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