THREAD: canada strikes back retaliatory tarifs...

TRUDEAU vs TRUMP: Trade WAR Heats Up

06 March 2025 — Canadian Prime Minister Justin Trudeau has declared a trade war with the United States, led by President Donald Trump. Trudeau stressed Canada’s commitment to defending its economic interests against U.S. policies. This announcement signals a tense period ahead for North American trade relations.

Meanwhile, Mozambique faces unrest as police fired on an opposition march, raising concerns about the opposition leader’s safety. Several protesters were injured during the clash, escalating political tensions in the region. The situation remains volatile as authorities seek to restore order.

In other news, Cyclone Alfred threatens severe weather conditions later this week, prompting meteorologists to advise residents on safe shelter locations. Emergency services are preparing for potential destructive winds and storm surges as the cyclone approaches. Residents are urged to stay informed and take necessary precautions for their safety.

On a different note, China reassures global markets by stating it has ample policy tools to boost economic growth amid recent challenges. This announcement aims to ease concerns over economic stability and show China’s readiness to address financial issues effectively in the coming months.

CHINA WARNS of Escalation Over US Tariff Moves

05 March 2025 — China has issued a stern warning in response to recent U.S. tariff challenges, signaling potential escalation if tensions continue. A Chinese official stated that the situation could worsen dramatically if provoked further by the United States. Beijing remains committed to supporting its economy while criticizing U.S. actions as aggressive and harmful to international trade relations.

TAIWAN RALLIES UKRAINE SUPPORT Against CHINA THREATS

Taiwan is reportedly teaming up with Ukrainian companies to develop contingency plans due to rising tensions with China. This strategic move aims at bolstering Taiwan’s defenses and ensuring economic stability against potential threats from mainland China.

CONGO VIOLENCE SURGES, Raising HUMANITARIAN ALARMS

The conflict in the Democratic Republic of the Congo has intensified significantly, raising alarms over worsening humanitarian conditions. Local reports highlight increased violence, prompting international scrutiny of the situation’s impact on civilians.

South Sudan faces political turmoil following the arrest of a key military leader, confirmed by a vice-presidential spokesperson. This development threatens the country’s fragile peace deal amidst ongoing internal conflicts and power struggles. These stories underscore current geopolitical challenges as of March 5, 2025, reflecting a dynamic landscape

TRUMP’S BOLD Trade WAR: Tariffs on Canada, Mexico, and China

05 March 2025 — President Donald Trump has reignited trade tensions by imposing new tariffs on Canada, Mexico, and China. These include a 25% tax on imports from Canada and Mexico and a 10% tariff specifically targeting Canadian energy products. This move is expected to provoke swift retaliation from these nations.

Trump argues that trade disputes with these countries have harmed U.S. interests. China’s national legislature criticized the tariffs, stating they damage both economies and undermine mutually beneficial trade relations. Canadian Prime Minister Justin Trudeau questioned the rationale behind the tariffs, suggesting they aim to weaken Canada’s economy.

Financial markets reacted negatively to the announcement, raising concerns about inflation and uncertainty in international trade relations. Analysts warn this could lead to broader economic conflicts affecting both U.S. and global economies.

Mexico and Canada have yet to respond publicly but are expected to address the issue soon in press conferences. Lawmakers in Congress express concerns over potential fallout from such aggressive measures while international trade organizations closely monitor the situation for its global economic impact.

TRUMP’S Trade WAR: Global Markets in Chaos

05 March 2025 — President Donald TRUMP’s recent tariffs have sparked swift retaliation from Mexico, Canada, and China. These actions have thrown financial markets into chaos, raising fears of inflation and uncertainty for businesses.

Imports from Canada and Mexico now face a 25% tariff, with Canadian energy products specifically taxed at 10%. This move has heightened global trade tensions significantly.

China responded quickly to the U.S. tariffs, escalating an already heated international dispute. A Chinese spokesperson warned that these measures could harm the U.S. economy by disrupting beneficial trade relations.

Analysts worry about potential backlash against U.S. exports as these trade disputes unfold. The situation is seen as a risky maneuver that might reshape global trade dynamics and impact both consumers and businesses in the long run.

US TRADE WAR Heats UP: China and Canada Strike Back

04 March 2025 — China and Canada hit back at the U.S. with their own tariffs after America imposed new levies on them. This could worsen trade ties with these key partners. China set additional tariffs up to 15% on certain American goods.

Canada also announced it would impose tariffs as high as 25% in response to the U.S.'s recent actions against both countries. These moves follow America’s new tariffs targeting these nations, heightening global trade tensions.

This growing tariff battle shows the increasing economic friction between major economies under current U.S. policies. The situation is still changing, affecting international trade and domestic markets in all involved countries.

NEW DUTY Shock: Retail Prices to Skyrocket, Consumers Worried

04 March 2025 — Retailers are raising concerns about a looming price surge. A new 25% duty on exports from Mexico and Canada is set to increase costs. This change could lead to higher prices for shoppers almost immediately.

The duty affects a wide range of goods, impacting everyday items. Retailers warn this could disrupt supply chains and limit product availability. Shoppers should brace for potential price hikes at local stores.

Efforts to ease these effects are underway, but challenges remain tough. Businesses might need new strategies to handle rising costs. The economic impact of this policy change deserves close attention from policymakers and the public alike.

CHINA STRIKES Back: US Farmers Face Uncertain Future in Trade WAR

04 March 2025 — China swiftly hit back at new U.S. tariffs by imposing higher import taxes on $21 billion of American agricultural goods. This move ramps up tensions between the world’s two largest economies, edging them closer to a trade war.

Despite the increased tariffs, China’s futures markets stayed steady, showing strength amid this economic clash. The Chinese government has stated it won’t be cowed by these new actions from the Trump administration.

This situation highlights the growing economic rivalry and its impact on global trade relations, especially in agriculture — a vital sector for both countries. As this dispute unfolds, American farmers might struggle to keep their export markets in China.

“TRUDEAU FIGHTS Back: Canadian Sovereignty Under Spotlight After Trump’s Comments”

04 March 2025 — Canadian Prime Minister Justin Trudeau visited the United Kingdom to discuss Canada’s sovereignty with King Charles. This came after former President Donald Trump hinted at annexing Canada as the “51st state.” Trudeau stressed the importance of Canadian independence, though he did not mention Trump directly.

Trudeau met with King Charles during a summit supporting Ukraine, also attended by President Volodymyr Zelensky. While the details of their conversation remain private, it’s believed Canadian sovereignty was a key topic.

Trump has suggested that Canada would benefit from joining the United States, but he hasn’t taken any formal steps toward annexation. Some Canadians are worried about these remarks, while others see them as jokes.

Trudeau faced political challenges after handling Trump’s tariff threats, leading to Deputy Prime Minister Chrystia Freeland’s resignation and his own decision to step down after ten years in office. A new Liberal Party leader will be elected in late March as Trudeau continues his duties until then.

GOLD Prices PLUMMET Amid Trade WAR Jitters

26 February 2025 — Gold prices took a big hit on Tuesday as traders cashed in profits with US Treasury bond yields falling. The XAU/USD pair saw a noticeable drop during the North American session. President Trump’s tariff threats against Mexico and Canada added to market uncertainty, affecting investor choices.

The decline in gold prices marks a change from the previous session’s record highs, driven by fears about Trump’s trade policies. Investors are reacting to possible instability in global markets, leading them to take profits.

This market shift highlights ongoing worries about economic stability and trade relations under the current administration. As traders adjust their positions, gold’s recent rally seems to be losing momentum amid these geopolitical tensions.

TRUMP’S Bold Trade Plan Sends Global Markets Into Turmoil

14 February 2025 — President Donald TRUMP is set to announce new reciprocal tariffs on Thursday. These tariffs aim to match the tax rates other countries impose on U.S. imports. This move is part of Trump’s strategy to reshape international trade and counteract barriers that hurt American businesses.

Trump’s plan has sparked discussions among global trading partners, potentially impacting economic relations and market stability. The announcement follows a memo he signed, directing his team to calculate duties that align with those charged by other nations.

In addition to trade policy changes, the Trump administration has started workforce reductions across federal agencies, affecting recent hires in departments like Education and Energy. These actions reflect a broader agenda focused on reducing government size and boosting efficiency.

Meanwhile, Southern California faces severe weather threats as heavy rains prompt evacuations due to potential debris flows in wildfire-scarred areas. Residents are urged to stay alert as CalTrans crews work tirelessly to reduce flooding risks in affected regions.

GOLD PRICES Soar: Trump’s Trade Policies Spark Investor Panic

12 February 2025 — Gold prices are reaching near record highs after President Donald Trump announced new tariffs on major trading partners like Canada, China, and Mexico. Analysts predict gold could soon hit an all-time high of $2,850 an ounce as these tariffs stir up market volatility.

Peter Cardillo from Spartan Capital Securities noted that central banks are quickly buying gold due to worries about inflation and economic stability. This rush to gold shows investor fear amid the uncertainty caused by the tariff announcement.

Trump’s trade policy aims to boost U.S. industries but has raised concerns about possible retaliatory actions from affected countries, complicating global trade dynamics. The financial community is closely watching the impact of these tariffs as international tensions rise.

Market analysts expect commodity prices, especially precious metals, to stay volatile in response to ongoing geopolitical and economic changes. Investors should stay informed as the situation unfolds rapidly.

TRUMP’S Bold Move: Ending Canadian Trade Loophole Shakes Up Business

07 February 2025 — Canadian businesses are facing new challenges as the U.S. ends the “de minimis” rule for duty-free imports. This change, driven by former President Donald Trump’s executive order, will now impose tariffs on goods that were previously exempt due to their low value.

Sheena Russell, founder of Made with Local in Dartmouth, N.S., is worried about rising costs affecting her snack food business. With the executive order taking effect next month, companies are bracing for higher expenses and more administrative hurdles.

This development comes when businesses are already dealing with various economic pressures. The end of this loophole is expected to cause a demand shock as Canadian companies adjust to the new trade landscape.

TRUMP’S Trade Shake-UP: Canadian Businesses Brace for Impact

07 February 2025 — Canadian businesses face new challenges as former President Donald Trump’s executive order ends the DE MINIMIS exemption for shipments entering the U.S. from Canada. This change, along with looming tariffs on Canadian goods, worries business owners. The exemption previously allowed cost-effective shipping with minimal duties, easing cross-border trade.

Sheena Russell, founder of Made with Local in Dartmouth, N.S., voiced her concerns about these changes. Businesses now expect higher costs and administrative hurdles as they adapt to new tariff rules. Compliance complexities may force significant adjustments in operations and pricing strategies for many companies.

The impact is especially troubling for small to medium enterprises that may struggle with these added burdens. The broader implications could hit the Canadian economy hard, highlighting the need for strategic planning by affected businesses. Leaders are preparing to navigate this tough landscape while seeking ways to lessen potential negative effects on their operations and profits.

TRUMP’S Trade WAR Ignites Gold Rush And Market Turmoil

03 February 2025 — Gold prices have hit a record high as investors flock to safe assets amid President Donald Trump’s new tariffs. These measures target imports from Canada, China, and Mexico, sparking worries about inflation and economic growth. JP Morgan is optimistic about gold, urging investors to buy during this dip.

Wall Street braces for losses due to fears of an escalating trade war from Trump’s tariff actions. The 25% tariffs on Canada and Mexico and 10% on China may cause “short-term” pain for Americans, according to Trump. Global markets watch cautiously as these policies unfold.

Oil prices are climbing in response to the tariffs, while metal and agricultural commodities face pressure downward. The financial landscape is shifting with markets adjusting to a potential prolonged trade conflict led by the U.S., causing the dollar to gain strength amid global trade uncertainty.

TRUMP’S Bold Trade WAR: New Tariffs Spark Economic Jitters

02 February 2025 — President Donald Trump has announced a 25% tariff on goods from Canada and Mexico, and a 10% tariff on Chinese products. This bold move is expected to provoke retaliation, raising fears of a broader trade war. Republicans largely support the decision, but industry groups and Democrats warn of possible price hikes that could worsen inflation.

The tariffs are likely to affect multiple sectors, sparking discussions about inflationary pressures and reduced consumer spending. Economists worry about the impact on market stability and growth. The political landscape is divided, with some lawmakers backing the tariffs as protection for American industries while others worry about international relations and domestic prices.

Analysts caution that retaliatory measures could escalate tensions further, leading to an unstable economic environment if not managed carefully. This development highlights ongoing international trade tensions with significant implications for America’s future economic stability. As this situation unfolds, it remains crucial to monitor its effects on both domestic markets and global economic relations.

CANADA BRACES for Trump’S Trade Threats: Unity in the Face of Uncertainty

22 January 2025 — Canadian business leaders and government officials are coming together to tackle potential tariff threats from the United States under President Donald Trump. This united front aims to protect Canadian exports during ongoing trade negotiations. The meeting highlights the importance of solidarity as Canada faces these economic challenges.

Inflation rates in Canada have recently dipped below the two percent target, adding complexity to the situation. This drop raises questions about future interest rate changes, which could affect both businesses and consumers. Business Analyst Kris McCusker suggests that these developments might lead to interest rate adjustments soon.

The outcome of U.S.-Canada trade discussions could significantly change Canadian trade dynamics, making unity among stakeholders crucial. As talks progress, Canadian leaders remain focused on protecting their economic interests while preparing for any shifts in policy or market conditions prompted by U.S. actions.

RUSSIA’S Dangerous Plot: Planes to US and Canada at Risk

06 November 2024 — Western security officials suspect Russia is plotting to plant EXPLOSIVES on planes bound for the United States and Canada. Two incendiary devices ignited at DHL logistics hubs in Germany and England, triggering a multinational investigation. Intelligence agencies found electric massagers with flammable substances were used as a “test run” for Russian sabotage efforts.

Poland’s National Prosecutor’s Office arrested four suspects linked to the DHL hub fires, charging them with “sabotage or terrorist operations.” The suspects allegedly tested parcel transfer channels intended for North America. Authorities have not disclosed their identities or nationalities.

Pawel Szota, head of Poland’s foreign-intelligence agency, attributed the plot to Russian spies. He warned that any attack would mark a “major escalation” of Russia’s sabotage against Western nations. This revelation underscores rising tensions between Russia and Western powers amid ongoing geopolitical conflicts.

UK-CANADA Trade Talks GRIND to a Halt: The Beef and Cheese Battle That’s Costing Billions

26 January 2024 — The UK government has unexpectedly put the brakes on post-Brexit trade talks with Canada. This sudden move follows a two-year stalemate over beef and cheese imports and exports, which began after Britain officially left the European Union.

Trade between these nations, valued at roughly 26 billion pounds ($33 billion) per year, has mostly persisted under the initial agreement made while Britain was still an EU member. However, Canadian negotiators are feeling the heat from their own beef industry and local cheesemakers. The former is pushing for access to the UK market for hormone-fed beef, while cheesemakers are raising alarms about tariff-free imports of British cheese.

The privilege of tariff-free British cheese exports came to a halt at the close of 2023 when a temporary agreement expired. This change led to a staggering 245% duty hike for British producers. Canada’s trade minister Mary Ng firmly stated that Canada “will never agree to a deal that isn’t beneficial for our workers, farmers and businesses.” Minette Batters, president of the National Farmers’ Union in England and Wales praised Britain’s resistance against hormone-fed beef imports.

Despite this hiccup in negotiations, the UK government remains open-minded about future discussions. However, any significant progress appears unlikely at present.

US STRIKES BACK: Protecting Commercial Ships from Houthi Missiles in Yemen

18 January 2024 — The US has launched strikes on roughly a dozen missiles owned by the Houthi rebels in Yemen, an official stated. These missiles were reportedly being primed to target commercial ships navigating the Red Sea and Gulf of Aden.

This move comes after a previous US strike on a stockpile of anti-ship ballistic missiles, owned by the Houthis. The action was taken in direct retaliation to a missile fired at US vessels present in the Red Sea.

Houthi forces have openly claimed responsibility for ongoing attacks on merchant vessels and have issued threats against US and British ships. Their campaign is part of their support for Hamas against Israel.

This recent attack by the Houthis is the first one acknowledged by the US since they initiated strikes last Friday. This follows weeks of relentless assaults on shipping within the Red Sea region. Stay tuned as we continue to provide updates on this developing story.

US-UK STRIKES on Yemen’s Houthi Rebels: A Stern Warning of Fierce Retaliation

13 January 2024 — Yemen’s Houthi rebels, supported by Iran, have issued a stern warning. They assert that the joint airstrikes conducted by the US and UK will not be left unanswered. The ominous message came from Houthi military spokesman Brig. Gen. Yahya Saree and deputy foreign minister Hussein al-Ezzi, who warned both nations to brace for a severe backlash.

The strikes reportedly claimed five lives and injured six among the Houthis’ military forces in areas of Yemen under their control. The UK acknowledged successful strikes on a site in Bani used for drone launches by the Houthis, as well as an airfield in Abbs used to launch cruise missiles and drones.

In a related move, the US Treasury Department slapped sanctions on two firms based in Hong Kong and the United Arab Emirates. These firms are accused of shipping Iranian commodities for Sa’id al-Jamal, an Iran-based financial facilitator for the Houthis. Four vessels owned by these companies were identified as blocked property.

President Biden authorized these strikes as a direct response to unprecedented attacks by Houthis against international maritime vessels in the Red Sea