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The Latest Breaking News from Canada

Trump's Trade War With America's Neighbors Is All Cost and No Benefit

What did we learn from yet another escalation in the North American trade war? Not to do it again.

Reason

Crude Prices Gain as President Trump Threatens Additional Sanctions on Russia

April WTI crude oil (CLJ25 ) today is up +1.04 (+1.57%), and April RBOB gasoline (RBJ25 ) is up +0.0135 (+0.64%). Crude oil and gasoline prices today are moderately higher. Today's slump in the dollar index (DXY00 ) to a 4-month low is bullish for energy prices. Also, today's comments...

Barchart

Tesla Accused Of 'Gaming' Rebates After Claiming 8,600 Sales In One Weekend

Electric vehicle rebates in Canada differ from those in the U.S., but they serve the same purpose: bringing the upfront costs of EVs down. Dealerships provide rebates of up to $5,000 at the point of sale and then the government reimburses them. However, before the program ended in January, Tesla reportedly…

InsideEVs

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Jimmy Kimmel on Trump’s tariffs: ‘Can you believe we’re shaking down Canada?’

Late-night hosts discuss Trump’s game of chicken with tariffs on Canada and Mexico and more Doge-induced chaos

The Guardian - US

Trump Tariffs: What's Been Done And What Is To Come?

It was another roller-coaster week in US President Donald Trump's trade war as tariffs against China came into force while Mexico and Canada were given a temporary reprieve.

International Business Times

Who Is Ryan Wedding and Who Is His Wife: Quick Facts About The Olympian Turned FBI Most Wanted

Ryan Wedding is now one of the FBI's Ten Most Wanted fugitives, accused of running a transnational drug empire and ordering multiple murders.

International Business Times UK

Senator challenges Donald Trump Jr. to boxing match over ‘bogus tariffs’

‘U.S. tariffs have nothing to do with fentanyl’ the controversial senator chimed

The Independent UK

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Canada and Philippines will sign a key defense pact to boost combat drills and military ties

Canada and the Philippines, both vocal critics of China’s increasingly aggressive actions in the South China Sea, have concluded negotiations for a key defense pact that will allow their forces to hold large combat exercises and intensify defense cooperation

The Independent UK

Trump pauses some Mexico, Canada tariffs: What’s exempt, and what’s next?

About half of Mexico’s exports to the US, and a little more than a third of Canada’s, will be exempt for a month.

Al Jazeera

Trump to sign order barring student loan forgiveness for public servants engaged in ‘improper activities’ – as it happened

Order would affect Public Service Loan Forgiveness program, while Musk reportedly squabbled with Trump cabinet secretaries over firings. This blog is now closed.

The Guardian - US

How Tariffs Could Impact Affluent Retirees

The wealthier you are, the less price increases on groceries and cars will hurt you, but if markets dive or we enter a recession, that's a different story.

Kiplinger

Justin Trudeau tears up as he makes pledge to Canadian people amid Trump trade war

The outgoing Canadian prime minister became visibly emotional while saying he had worked hard for the country

The Independent UK

Canadian snowboarding star and ex-Olympian added to FBI’s 10 most wanted

Ryan Wedding ‘went from shredding powder on the slopes at the Olympics to distributing powder cocaine on the streets,’ the FBI says

The Independent UK

Why Lydia Bedford left her job in men’s football for an upstart Canadian league

After making history by coaching men’s football for Brentford, the former Leicester City boss is hoping to build a new legacy

The Guardian - US

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International Business Times

Trump Backs Off Mexico, Canada Tariffs After Market Blowback

Trump signed orders Thursday to hit pause on the fresh tariffs for Canadian and Mexican imports covered by a North American trade agreement, though he dismissed suggestions that his decisions were linked to market turmoil.

The Guardian - US

Trump administration briefing: Trump changes tack on tariffs – again – as US plans to close consulates

Trump shelves Canada-Mexico tariffs; Musk says he is not to blame for mass firings of federal workers – key US politics stories from Thursday at a glance

International Business Times

Trump Car Tariff Pivot And Detroit's 'Big Three'

After an outcry from Detroit, President Donald Trump has granted one-month tariff exemptions on most auto imports from Canada and Mexico, underscoring the continued clout of US carmakers.

Barchart

Crude Prices Recover on Comments from Treasury Secretary Bessent

April WTI crude oil (CLJ25 ) Thursday closed up +0.05 (+0.08%), and April RBOB gasoline (RBJ25 ) closed down -0.0358 (-1.68%). Crude oil and gasoline prices settled mixed on Thursday. Crude oil prices are under pressure as US tariff uncertainty weighs on the outlook for energy demand. Also, ramped-up Russian...

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news in one place.

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Fortune

As Canadian provinces ditch U.S.-made alcohol, Jack Daniel’s bemoans the 'very disproportionate response': 'It's literally taking your sales away'

The Liquor Control Board of Ontario will pull American-made alcohol from shelves in grocery stores, bars, and restaurants, amid Trump’s 25% tariff on Canadian imports.

The Guardian - UK

The Guardian view on why Canada matters: a nation in the global frontline

Editorial: Donald Trump has deliberately picked a fight with its northern neighbour. This malign strategy must be stopped

Al Jazeera

Trump again spreads baseless claims about Trudeau, Canada’s election

US president accuses outgoing Canadian prime minister of seeking to use issue of tariffs to extend his time in office.

TechRadar

'Power Book III: Raising Kanan' season 4: How to watch the epic crime saga from anywhere in the world

As the Thomas family try to move on, they discover that demons from the past aren't finished with them just yet. Here's how to watch 'Power Book III: Raising Kanan' season 4 online and from anywhere.

The Independent UK

Why automakers' short reprieve from tariffs isn't enough to weather Trump's escalating trade war

President Donald Trump granted U.S. automakers a short reprieve from stiff new tariffs on imports from Mexico and Canada this week

Barchart

Crude Prices Slip on Energy Demand Concerns and Bountiful Global Oil Supplies

April WTI crude oil (CLJ25 ) today is down -0.42 (-0.63%), and April RBOB gasoline (RBJ25 ) is down -0.0391 (-1.83%). Crude oil and gasoline prices today are moderately lower, but crude oil remains above Wednesday's 1-3/4 year low. Crude oil prices are under pressure as US tariff uncertainty weighs...

The Guardian - US

Trump delays tariffs on many products from Mexico and Canada

US president paused tariffs on Mexican products covered by USMCA and later stayed tariffs on many Canadian imports

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