Political news and analysis for Canadians

Category: Trade (Page 11 of 19)

Inside Canada’s information battle against the Trump administration as trade war escalates

On a Sunday caucus call just one day after Prime Minister Mark Carney told Canadians the White House’s latest tariffs amounted to a “new attack on Canada,” Canada-U.S. Trade Minister Dominic LeBlanc asked MPs to be careful with what they say on social media and to decline requests to talk trade on American networks.

Prime Minister Carney emphasized that advice when he joined the call, according to one of the sources. Part of the government’s thinking is that MPs should be cautious with media because they are not fully aware of every single detail in the trade negotiations.

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MSNOW: Talks between U.S.-Canada ‘are dead’ because of Trump’s choices

Trump admitted that last-minute demands from the U.S. killed negotiations with Canada on trade.

MS NOW Senior Reporter Vaughn Hillyard is outside the White House with more details. Former U.S. Ambassador to Russia Michael McFaul, Bloomberg White House Correspondent Jeff Mason, and former Senior Aide for Hillary for America Joel Payne join Eugene Daniels to weigh in.

CIA chief’s secret trip to Moscow was to warn Russia not to attack NATO

The surprise visit by the director of the Central Intelligence Agency to Moscow this week was to deliver a warning to Russia not to attack NATO countries, according to people briefed on the visit.

The trip was spy-agency chief John Ratcliffe’s first publicly known visit to the Russian capital, report Lara Seligman, Alexander Ward, and Josh Dawsey in the WSJ.. It followed new U.S. intelligence assessments, reported earlier by The Wall Street Journal, that Russian President Vladimir Putin could try to test the resolve of the North Atlantic Treaty Organization with a limited assault on an allied country in the next few years.

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Some of Canada’s new major trade agreements since PM Carney took office

Prime Minister Mark Carney was elected on a platform to stand up to the United States on tariffs, and diversify trade so Canada is no longer as dependent on the U.S. as it has been, writes Catherine Morrison at The Canadian Press.

Some of the major agreements that Canada has pursued and signed since Prime Minister Carney took office last year include:

Argentina, Association of Southeast Asian Nations, Australia, Denmark, Ecuador, European Union, France, Germany, India, Indonesia, Japan, Mercosur, Pakistan, Philippines, Qatar,  Saudi Arabia, South Korea, Tanzania, Thailand, Turkey, United Arab Emirates, Uruguay, Zambia.

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Newfoundland Premier is reaching out to ‘key industry partners’ and will continue to stand with Team Canada

Newfoundland and Labrador Premier Tony Wakeham is in Norway, attending the Offshore Northern Seas oil and gas conference, but with his attention being drawn back home, working on a provincial response in the Canada-U.S. trade war, reports Ashley Fitzpatrick at CBC News.

As Canada institutes its own dollar-for-dollar retaliatory tariffs against the United States, in response to U.S. trade action, Wakeham credited Prime Minister Mark Carney for his leadership. He said the provincial government is standing firmly in line.

“At a time of uncertainty, Newfoundland and Labrador will continue to stand with Team Canada as we defend our economic interests and advocate for a stable and constructive trading relationship with our closest neighbour and largest trading partner,” the statement reads.

Mark Carney’s defiance: Canada shows the world how to respond to Donald Trump’s threats

Eric Van Rythoven: As Nobel-prize winning economist Paul Krugman explains, the U.S. imports economically vital goods from Canada like oil, lumber, electricity and aluminum, for which there is no cheap and accessible domestic substitute. Tariffs on these goods means higher costs for American consumers and businesses in an already inflationary environment.

Foreign governments are acutely aware of these economic problems, and the role they will play in the upcoming U.S. midterm elections. As American foreign policy scholar Paul Musgrave argues, this creates incentives for countries to use time as a weapon against the U.S.

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Mark Carney’s speeches have become political earthquakes

The quiet-spoken Canadian prime minister has spoken unutterable truths, writes Ted Widmer of The Guardian.

The speech signalled an earthquake. The news, as widely reported, was that Carney was calling off the trade talks that many expected to resolve or reduce the trade frictions that have been in place ever since Trump slapped his first round of tariffs on Canada, shortly after assuming office.

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