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Business & Finance

Trump brings the US back from the brink of trade war with Canada and Mexico

This is an on-site version of the White House Watch newsletter. You can read the previous edition here. Sign up for free here to get it on Tuesdays and Thursdays. Email us at whitehousewatch@ft.com Good morning and welcome to White House Watch! President Donald Trump is set to host Israeli Prime Minister Benjamin Netanyahu today, with their discussion […]

Business & Finance

Canada to appoint ‘fentanyl tsar’ and adopt border measures to appease Trump

Several Republican senators lashed out over the tariffs on Monday as the reality of their impact on domestic industries and consumers hit home. Rand Paul, a libertarian senator from Kentucky, posted on X that “average US car prices could rise by around $3,000”, quoting TD Economics. Senator Chuck Grassley of Iowa, an agriculture-focused state, wrote […]

Business & Finance

Bitcoin drops, ether slammed after Trump’s tariffs cause global risk-off move

U.S. President-elect Donald Trump and Bitcoin. Cheney Orr | Dado Ruvic | Reuters Cryptocurrencies tumbled in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs. The price of bitcoin fell 2% Monday to $95,722.77, down from a price above $102,000 before the weekend, according to Coin Metrics. The […]

Business & Finance

Trump tariffs inspire economic patriotism in Canada

A new wave of economic nationalism has swept across Canada as Donald Trump’s tariffs inspire anger but also a patriotic campaign to “Buy Canadian”. ‘Made in Canada’ signs have popped up in grocery stores, lists of Canadian alternatives to US products are being circulated and comedians are devoting skits on national television to how best […]

Business & Finance

Canada, Mexico and China respond to Trump’s tariffs

Canadian, Mexican and Chinese flags. Nurphoto | Nurphoto | Getty Images U.S. President Donald Trump on Saturday imposed long-threatened tariffs on imports from Canada, Mexico and China — and it didn’t take long for the countries to respond. Trump signed an order slapping 25% tariffs on goods from Mexico and Canada, and a 10% duty […]

Weather

Canada announces retaliatory tariffs on long-time ally US

By Promit Mukherjee OTTAWA (Reuters) -Canada will retaliate against President Donald Trump’s new tariffs with 25% levies on a raft of U.S. imports, Prime Minister Justin Trudeau said on Saturday, warning Americans that Trump’s actions would have real consequences for them. As relations between the long-time allies who share the world’s longest land border reach […]

Business & Finance

Trump tariffs spark panic and anger in Canada and Mexico

President Donald Trump’s tariffs on Canada and Mexico sparked panic and condemnation from the US’s top trading partners, who said the levies would devastate North America’s economy and overturn decades of integration. Politicians, business leaders and trade associations in all three countries reacted with disbelief, warning the tariffs would bring inflation, supply chain disruption and […]