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The Latest Breaking News from Mark Carney

Canada Central Bank Holds Rate Steady Citing US Tariff 'Threats'

Canada's central bank held its key lending rate at 2.75 percent on Wednesday, as the major US trading partner confronts economic uncertainty two days before President Donald Trump's latest tariff deadline.

International Business Times

Canadian PM at last confronts uncomfortable truth about Israel’s manipulative approach

Carney says Israel broke the law.

We Got This Covered

South Park Season 27 Declares War on Trump: Explosive Premiere Puts President in Bed with Satan

After a two-year hiatus, South Park returns with a savage takedown of Donald Trump — complete with Satan, Epstein references, nudity, and a mockery of real-life lawsuits against Paramount and CBS.

International Business Times UK

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‘Not even sure he knows himself’: Quebec premier throws shade at Trump’s confusing negotiation style

Clear shift in tone.

We Got This Covered

Dave Ramsey Says Tariffs Are A Lot Of Saber Rattling, Grenade Throwing And Chaos, But Actual Net Result Is Zero

A Canadian entrepreneur joined personal finance personality Dave Ramsey‘s “EntreLeadership” podcast recently to talk about his company’s expansion into the U.S., just as President Donald Trump threatens to impose new tariffs on Canadian goods. The timing couldn't be more tense.

Benzinga

First Nations leaders walk out of Mark Carney meeting on Building Canada Act

Concerns raised that legislation to ensure economy is less dependent on US was pushed through without consultation

The Guardian - UK

Elbows down? Why Mark Carney seems to keep caving to Donald Trump

Prime Minister Mark Carney has suggested a new trade deal with the United States is now most likely to include tariffs. There is, in his own words, “not a lot of evidence right now” that the Donald Trump administration is willing to stand down from imposing levies on Canadian imports.

The Conversation

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Canada Hits Back At Trump's 50% Steel Tariffs With $1 Billion Rescue, New Quota System

Canada will introduce new measures to defend its steel industry against the impact of tariffs. Prime Minister Mark Carney announced the implementation of the plan proposed a month ago, during a visit to Hamilton-based steel fabricator Walter’s Group.

Benzinga

Mark Carney has been dubbed the 'Trump whisperer': His ability to shift the dynamic from confrontational to collaborative is a lesson for all leaders

“It's not impossible to set the stage for the quality of the conversation that you want.”

Fortune

How Eurostack could offer Canada a route to digital independence from the United States

The contemporary internet has been with us since roughly 1995. Its current underlying economic model — surveillance capitalism — began in the early 2000s, when Google and then Facebook realized how much our personal information and online behaviour revealed about us and claimed it for themselves to sell to advertisers.

The Conversation

Starmer to meet Trump during Scotland trip ahead of state visit

The US president is expected to travel to Scotland in July before the state visit in September.

Evening Standard

Canada’s proposed east-west energy corridors should prioritize clean energy

Canadian Prime Minister Mark Carney has made establishing east-west energy corridors a priority for Canada. He suggested that such corridors would include new oil and natural gas pipelines, designed to reduce dependence on the United States.

The Conversation

Carney Faces Cross-Border Pressure Amid High-Stakes US Trade Talks

Canadian Prime Minister Mark Carney is under mounting pressure as he navigates contentious trade talks with the United States amid fresh threats from President Donald Trump to impose a 35% tariff on Canadian imports starting August 1.

Benzinga

Canada Just Can't Win In Trade War With Trump

Try as it might to appease President Donald Trump, Canada remains a prized target in his trade wars and subject to the whiplash of his changes of heart.

International Business Times

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Fortune

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%.

The Independent UK

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

We Got This Covered

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

Chaos = running the country.

International Business Times UK

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.

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news in one place.

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Al Jazeera

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.

The Guardian - UK

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 - AU

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

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.

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

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Luiz Inacio Lula da Silva

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