We’re watching today as Scott Bessent, the US treasury secretary, and Kevin Warsh, the chair of the Federal Reserve, deliver their opening remarks at the G20 meetings in Asheville, North Carolina.
US trade representative Jamieson Greer has a level-headed reputation but commerce secretary Howard Lutnick and White House adviser Peter Navarro also have key roles
Having reportedly read Victor Hugo’s Les Misérables, in French, during a military tour of duty in Iraq, Jamieson Greer considered himself an unlikely target for accusations of francophobia.
But Donald Trump’s US trade representative, hitherto one of the president’s less high-profile cabinet members, found himself in that uncomfortable position amid the acrimonious collapse of bilateral trade talks with Canada that now threatens to degenerate into an all-out trade war between the two close trading partners whose economies are tightly intertwined.
We’re watching today as Scott Bessent, the US treasury secretary, and Kevin Warsh, the chair of the Federal Reserve, deliver their opening remarks at the G20 meetings in Asheville, North Carolina.
Meanwhile, Trump posts video of himself kicking over a Lake Ontario sign and replacing it with Lake America sign
Donald Trump and Canada continued a verbal duel on Saturday over the US government’s administrative renaming of Lake Ontario, with the Ontario premier erecting a giant sign saying “Lake Ontario. Now and Always” – and the American president posting a video of him tearing down an avatar of that sign, erecting a replacement saying Lake America, and dancing to YMCA.
Rhetoric over the naming of Lake Ontario is the public face of an escalating trade dispute between the US and its northern neighbor involving a 50% US tariff on Canadian steel and retaliatory tariffs from Ottawa.
One of the first things we did after moving from the UK to Vancouver was buy a car. Unfortunately, I didn’t acquaint myself with the new road rules quite as quickly.
Which is to say, I didn’t know you aren’t allowed to park on busy streets after 3pm in Vancouver. Unaware and in a carefree summer mood, I parked outside an ice-cream shop and took my barefoot children in for a treat. We emerged a short time later, sticky and splattered in drops of raspberry, mint and chocolate, and found my car wasn’t there.
Meanwhile, Trump posts video of himself kicking over a Lake Ontario sign and replacing it with Lake America sign
Donald Trump and Canada continued a verbal duel on Saturday over the US government’s administrative renaming of Lake Ontario, with the Ontario premier erecting a giant sign saying “Lake Ontario. Now and Always” – and the American president posting a video of him tearing down an avatar of that sign, erecting a replacement saying Lake America, and dancing to YMCA.
Rhetoric over the naming of Lake Ontario is the public face of an escalating trade dispute between the US and its northern neighbor involving a 50% US tariff on Canadian steel and retaliatory tariffs from Ottawa.
The Canadian PM is one of the few world leaders to stand up to the US president. Former colleagues say they are not surprised
Mark Carney stood before a walnut-veneered lectern, his face drawn tight, as he announced that talks with Canada’s biggest trading partner had collapsed. “Last spring, I warned that America is trying to break us so that they can own us,” he said. “And I promised: that will never, ever happen. We are keeping that promise.”
For years, the former central bank governor had worked hard to calm markets. Now, he was asking Canadians to accept uncertainty and confrontation.
There’s little optimism about treasury secretary’s ability to handle Trump’s tariffs, Iran sanctions and colossal US debt
History remembers Gen Dwight Eisenhower, the supreme commander of the allied forces in Europe during the second world war, for his role in the D-day invasion of Normandy. Whether Scott Bessent will achieve similar posterity as the face of the “economic D-day” in Iran remains to be seen.
The US treasury secretary, already trying to manage a $40tn national debt pile, this week took charge of Donald Trump’s effort to reverse-engineer his war of choice. Whereas the US would typically take on an adversary with diplomacy, sanctions and military force, in that order, the US president started with a six-month bombing campaign and now hopes that economic isolation can finish the job.
The U.S.-Canada trade war has galvanized Canadians behind their prime minister’s decision to walk away from negotiations. What happens when the time comes for talks to restart?
Ignore Iran, the Epstein files, and your wallet – not to mention Trump’s plummeting approval ratings
Don’t mention the war! Or the economy, for that matter. Or the Epstein files. Or Natalie Harp. Or “affordability”, which, as Donald Trump recently said at a rally, is a word that was “never used” by the media before he took office. Best not to talk about anything that affects ordinary people or embarrasses the president, really. Instead, let’s all rejoice in Trump’s latest triumph: renaming Lake Ontario, which is shared by Canada and the US, as Lake America.
On Thursday, Trump signed an executive order directing federal agencies to America-fy the lake’s name on US maps and documents, which is an excellent use of time and resources. I suppose we can at least be thankful that the president, who is trying to slap his own name on everything from airports to the Kennedy Center, didn’t decree that the body of water be called Lake Trump.
Avoiding US goods and services – from tech to whisky to air travel – has forced many to find a new way of living
For William McDonald, 38, a diesel mechanic from Thunder Bay, Ontario, “Canadian is always the first choice,” even if it means his weekly bills are higher.
“As soon as Trump started putting those tariffs on in February [last year], I started boycotting US goods,” he said. “Avoiding American products has driven my costs up, and I’m still happy to do it.
Terrified of being seen as a loser, Donald Trump is nonsensically lashing out – even against our old friend Canada
I’m still grieving Dolly Parton. I never met her and always wanted to. She was almost exactly my age and my height and had values I deeply admired. Her death leaves a hole in the firmament.
Which brings me to the person whose values are as far from Dolly Parton’s as any human could possibly be and still claim to be human. I’m referring, of course, to the current occupant of the Oval Office.
Unpopular new policy comes as midterms loom and control of Congress could be decided by several Michigan races
Every day $1bn worth of goods crosses the river dividing Detroit, Michigan, and Windsor, Ontario, two largely blue-collar US and Canadian cities that have come to act as one in the creation of North America’s auto industry.
News this week of Donald Trump’s escalating trade spat with Canada has everyone worried. Political and economic leaders and observers labeled the move an act of “hubris” , blamed Trump’s “ego”, and called the escalation “insanity”.
Unpopular new policy comes as midterms loom and control of Congress could be decided by several Michigan races
Every day $1bn worth of goods crosses the river dividing Detroit, Michigan, and Windsor, Ontario, two largely blue-collar US and Canadian cities that have come to act as one in the creation of North America’s auto industry.
News this week of Donald Trump’s escalating trade spat with Canada has everyone worried. Political and economic leaders and observers labeled the move an act of “hubris” , blamed Trump’s “ego”, and called the escalation “insanity”.
There is a U.S.-led war in the Middle East and the midterm elections on the horizon, but President Trump’s latest priority seems to be “Making The Great Lakes Even Greater.”
The president signed an executive order directing the Interior Department to update the lake's name in the U.S. geographic naming service. Trump cannot force Canada to follow his preferred naming convention, however.
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