Donald Trump thrives on emergencies. He cried havoc on the very first day of his second term, declaring a national emergency caused by an “invasion” of “illegal aliens” from Mexico. He has since invoked emergencies more than any president since the passage of the National Emergencies Act in 1976. Next Wednesday, he faces another of his own making, as the US supreme court hears oral arguments on whether his globe-shaking signature economic policy – tariffs – is legally valid. Trump sees emergency everywhere. From the flow of illegal drugs and…
Tag: Canada
Xi Jinping’s moment and whirlwind diplomatic tours: key takeaways from the Apec summit in South Korea
1. After Trump went awol, this was Xi’s moment Having dominated the headlines for several days during visits to Malaysia, Japan and South Korea, Donald Trump flew back to Washington on the eve of the Apec summit in Gyeongju, leaving his treasury secretary, Scott Bessent, to do his bidding. Whether by accident or design, Trump’s absence allowed Xi to fill the void and position himself as a unifying voice and champion of the region’s economic interests, and an alternative to “America first” protectionism. While Trump – who was showered with…
Era of free trade and investment is over, Canada’s PM tells Apec summit
The Canadian prime minister, Mark Carney, has warned that the era of free trade and investment that formed the foundations of the postwar global economy has ended. In a stark message to Asia-Pacific leaders at the Apec summit in South Korea on Friday, Carney said rules-based open trade no longer worked in a global economy that was undergoing one of its most profound periods of change since the fall of the Berlin Wall in 1989. “The old world of steady expansion of rules-based liberalised trade and investment, a world on…
The Guardian view on Trump and China: stepping back from the brink, but not solving problems | Editorial
The diverging verdicts offered by the Chinese and American leaders after their talks in South Korea on Thursday reflected more than the chasms between their personal styles and political cultures. Donald Trump gushed about an “amazing” meeting, scoring it 12 out of 10; Xi Jinping reportedly noted that a consensus had been reached, with the two sides needing to finalise follow-up steps rapidly. Mr Trump’s usual trade approach – shout loudly and wave a big stick – faltered when Beijing raised its own bludgeon. No tribute of gold crowns or…
Marine park threatens to euthanize 30 whales if Canada does not provide funding
Marineland has threatened to euthanize 30 beluga whales if Canada’s federal government does not provide financial support for the embattled Niagara Falls amusement park. The warning comes after the country’s fisheries minister blocked the transfer of the captive whales to a theme park in China. Marineland, an amusement park, zoo, aquarium and forest occupying nearly 1,000 acres (400 hectares) of land in Ontario, has endured mounting scrutiny over allegations the animals are living in poor conditions. The park, which once saw millions of visitors, did not open for the summer…
‘A life of captivity’: Canada refuses marine park’s request to export its whales to China
Canada’s government has refused a request by the beleaguered Marineland theme park to export its remaining 30 beluga whales to China due to concerns that the whales will face further mistreatment. Marineland, an amusement park, zoo and aquarium in Niagara Falls, has one of the largest captive whale populations in the world, and has long been mired in controversy amid reports of poor conditions for the animals on display. Twenty whales, 19 belugas and one killer whale have died at the park since 2019, according to documents compiled by the…
One by one, leaders learn that grovelling to Trump leads to disaster. When will it dawn on Starmer? | Simon Tisdall
Sucking up to Donald Trump never works for long. Narendra Modi is the latest world leader to learn this lesson the hard way. Wooing his “true friend” in the White House, India’s authoritarian prime minister thought he’d conquered Trump’s inconstant heart. The two men hit peak pals in 2019, holding hands at a “Howdy Modi” rally in Texas. But it’s all gone pear-shaped thanks to Trump’s tariffs and dalliance with Pakistan. Like a jilted lover on the rebound, Modi shamelessly threw himself at Vladimir Putin in China last week. Don…
The Guardian view on Trump’s tariffs: both a political and an economic threat | Editorial
Donald Trump’s 1 August tariffs deadline did what it was always intended to do. It kept the markets and the nations guessing amid last-minute uncertainty. It attempted to reassert the global heft of the United States economy to take on and master all comers. And it placed President Trump at the centre of the media story, where he always insists on being. In the event, there were some last-minute agreements struck this week, few of them fair or rational in trade terms, most of them motivated by the desire to…
Tracking Trump’s Tariffs: Rates for China, the E.U. and More
MapSize by 2024 imports MapSize by 2024 imports MapSize by 2024 imports MapSize by 2024 imports 10% 20% 54% 104% 145% 30% Feb. 1 March 4 April 2 May 12 Canada 2021 ’21 2022 ’22 2023 ’23 2024 ’24 2025 ’25 May 2025 58% Mexico 2021 ’21 2022 ’22 2023 ’23 2024 ’24 2025 ’25 May 2025 48% MapSize by 2024 imports Active Steel 50 Active Aluminum 50 Active Autos and auto parts 25 In process Copper — In process Lumber — In process Semiconductors — In process Pharmaceuticals —…
Here we go again: latest Trump tariff deadline looms amid inflation concerns
When Donald Trump unveiled his “liberation day” tariffs in the spring, only to pull the plug days later as panic tore through global markets, his officials scrambled to present the climbdown as temporary. Three months of frenetic talks would enable the Trump administration to strike dozens of trade agreements with countries across the world, they claimed. “We’re going to run,” the White House trade adviser Peter Navarro told Fox Business Network. “Ninety deals in 90 days is possible.” The 90-day pause Trump ordered on his steep tariffs is almost up,…