🇨🇦 JUST IN: President Trump signed an executive order raising tariffs on Canada from 25% to 35%, effective August 1, 2025. https://t.co/kYQyDTYFvq ...

Trade & Tariffs - Impending tariffs from the Trump administration are set to take effect, creating economic uncertainty [1] - The tariff deadline has been extended multiple times, now set for August 1st [1] - Trump criticizes Canada's plan to recognize a Palestinian state, stating it "will make it very hard" to reach a trade deal [1] Political & Economic Context - White House Press Secretary Karoline Leavitt held a press briefing [1] - The situation raises the specter of even more economic uncertainty [1]

RT unusual_whales (@unusual_whales)Trump says Canada's Palestine position may make it hard to do trade. https://t.co/tjBcFV2ttn ...

Back to the business in Washington. The Senate rejected two measures that would have blocked $675 million worth of bombs and firearms to Israel. But with a growing number of Democrats supporting the resolutions, they're proposed by independent Senator Bernie Sanders, who wants to stop the sale of bombs and assault rifles to Israel.While both measures were voted down, the first resolution did receive 27 votes in favor, 25 of which came from Democrats. The other two yes votes were from Sanders and fellow inde ...

Group 1 - The U.S. and South Korea have agreed to a trade deal that enforces a 15% tariff rate on South Korean exports, which is an increase from the previous 10% rate [1][3] - South Korea is set to invest $350 billion into the U.S., with further details to be discussed by South Korean President Lee Jae Myung at the White House [2] - The new tariff rate is part of a broader strategy by the U.S. to negotiate similar deals with other countries, including Japan, the United Kingdom, the Philippines, and Indonesia [4] Group 2 - South Korea's key exports to the U.S. include vehicles and electronics, and the tariffs are aimed at reducing trade deficits and encouraging domestic purchases [6] - The implementation of tariffs is argued to potentially increase costs for American consumers, with estimates suggesting an additional $2,400 per household annually [6]

Carney says Canada plans to recognise a Palestinian state https://t.co/2UdLCkKz23 ...

Trump says US may not reach trade deal with Canada https://t.co/BsCgF3v4KM ...

Trade Relations - Canada's senior officials advocate repairing trade relations with China [1] - US tariff policy is seen as a factor pushing Canada towards dealing with China [1] Geopolitical Strategy - Canada is considering strengthening economic ties with Asia's largest economy [1]

From @WSJopinion: Canada is the best friend America’s got. We should be working together to counter China, not trapped in a harmful trade war, writes @HonEdFast. https://t.co/OKC3LciuWc ...

Canada’s finance minister signaled that any trade deal with the US is likely to include at least some tariffs, and repeated that the country’s dairy and poultry protections won’t be on the table during negotiations https://t.co/54Rmy4mVnx ...