Gutting the Education Department, and a Trump Tesla Show
Plus, who can do the Daffy Duck voice?
International Trade and World Market
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Asian Markets Slide as Global Sell-Off Continues
Fears over the future health of the global economy are continuing to rattle markets around the world, as President Trump’s resolute commitment to hold the line on tariffs fueled investor concerns about inflation and a pullback in consumer spending. After the S&P 500 suffered its worst day of the year on Monday, the sell-off continued…
Can Mark Carney, Canada’s New Leader, Take on Trump and His Tariffs?
Mark Carney, Canada’s soon-to-be prime minister, weathered two era-defining implosions in his career as a central banker: the 2008 global financial crisis and Brexit. He has dealt with political chaos, societal upheaval and economic meltdown. Now he faces what is arguably the challenge of a lifetime: Donald J. Trump. Can Mr. Carney negotiate with Mr….
When It Comes to the Economy, Does Trump Have Musk’s Pain Tolerance?
The stock market today was full of bad news for both President Trump and Elon Musk. Markets around the world had their worst day of the year one day after Trump declined to rule out the possibility that his trade policies, including the aggressive tariffs he wants to put on trading partners like Canada and…
China’s Tariffs on U.S. Agricultural Products Take Effect
Beijing began imposing tariffs on Monday on many farm products from the United States, for which China is the largest overseas market. It is the latest escalation of a trade fight between the world’s two largest economies. The Chinese government announced the tariffs last week, shortly after President Trump raised tariffs on Chinese products for…
Mark Carney to Be the Next Prime Minister of Canada
Amid a generational crisis in Canada’s relationship with the United States, the Liberal Party of Canada on Sunday chose an unelected technocrat with deep experience in financial markets to replace Justin Trudeau as party leader and the country’s prime minister, and to take on President Trump. Mark Carney, 59, who steered the Bank of Canada…
Canada’s Liberal Party To Elect New Leader and Prime Minister to Replace Trudeau: What to Know
Two friends from Alberta, both with strong careers overseas and similar backgrounds — Harvard and Oxford graduates, members of the liberal global elite — are vying to replace Justin Trudeau as leader of the Liberal Party and of the country just as Canada faces a generational crisis because of the Trump administration’s tariffs and sovereignty…
Trump Suspends Mexico and Canada Tariffs on USMCA Goods for a Month
Follow live updates on the Trump administration here. Two days after imposing sweeping tariffs on Canada and Mexico, President Trump on Thursday abruptly suspended many of those levies, sowing confusion with investors and businesses that depend on trade with the countries. The president said he would allow products that are traded under the rules of…
The Liberals Choose a Leader in the Shadow of Trump’s Threats
Between the U.S. tariff “psychodrama,” or, per Prime Minister Justin Trudeau’s quip, “Thursday,” and the growing evidence that President Trump’s threats of Canada’s sovereignty are quite serious, it’s been a stressful time for Canadians who are looking for stability. That may not come quite yet. Even as Liberal Party members overcome registration problems to vote…
China Hits Canada With Tariffs in Indirect Riposte to Trump
China announced tariffs of up to 100 percent on canola, pork and other foods from Canada on Saturday, in retaliation for Canada’s decision last August to collect steep taxes on imports of Chinese electric vehicles, steel and aluminum. The Chinese tariffs, which take effect on March 20, were also a clear warning to Canada —…