Open this photo in gallery: U.S. President Donald Trump walks though the Hall of Nations during a tour at the John F. Kennedy Center for the Performing Arts where he also lead a board meeting on March 17, in Washington, DC.Chip Somodevilla/Getty Images Dimitry Anastakis is the Wilson-Currie Chair in Canadian Business History at the…
Open this photo in gallery: Chinese President Xi Jinping speaks during an international business meeting at The Great Hall Of The People, in Beijing, on March 28.Pool/Getty Images China’s President Xi Jinping urged a gathering of multinational CEOs on Friday to protect global industry and supply chains, as Beijing seeks to assuage foreign firms’ concerns…
[Listen to “The Daily”: Elbows Up: Canada’s Response to Trump’s Trade War] What’s next: Mr. Ford, along with Dominic LeBlanc, the new international trade minister, and François-Philippe Champagne, the new finance minister, met with their counterparts in Washington: Howard Lutnick, the U.S. commerce secretary, and Jamieson Greer, the U.S. trade representative. The message they received,…
With a trade war brewing, President Trump gave the Mexican president a sign of grudging respect: “You’re tough,” he told her in a phone call last month, according to four people with knowledge of the exchange. By their most recent conversation, the two leaders were trading compliments and carving out a reprieve from some tariffs…
It was not even three months ago when it seemed like Canadians couldn’t wait for an end to Prime Minister Justin Trudeau’s nearly decade-long stint as their leader. On Jan. 6, he announced his intention to step down with polls showing most Canadians deeply unhappy with the state of their country. But as Mr. Trudeau,…
Mark Carney, Canada’s soon-to-be prime minister, weathered two era-defining implosions in his career as a central banker: the 2008 global financial crisis and Brexit. He has dealt with political chaos, societal upheaval and economic meltdown. Now he faces what is arguably the challenge of a lifetime: Donald J. Trump. Can Mr. Carney negotiate with Mr….
Meltdown The markets have spoken. The S&P 500 is on track for its worst weekly loss since the collapse of the Silicon Valley Bank crisis two years ago. And investors have wiped out post-Election Day gains as President Trump’s dizzying start-stop tariff policy fuels volatility on trading floors and in boardrooms. Another test comes this…
Two friends from Alberta, both with strong careers overseas and similar backgrounds — Harvard and Oxford graduates, members of the liberal global elite — are vying to replace Justin Trudeau as leader of the Liberal Party and of the country just as Canada faces a generational crisis because of the Trump administration’s tariffs and sovereignty…
After President Trump imposed tariffs on Canada on Tuesday, Prime Minister Justin Trudeau made an extraordinary statement that was largely lost in the fray of the moment. “The excuse that he’s giving for these tariffs today of fentanyl is completely bogus, completely unjustified, completely false,” Mr. Trudeau told the news media in Ottawa. “What he…
When the White House finally released the text of Mr. Trump’s orders on Thursday evening, it appeared that some of the tariffs — those covered in the U.S.-Mexico-Canada trade agreement that Mr. Trump negotiated and celebrated in his first term — were indeed permanently suspended. Other tariffs were merely paused. Most everyone involved was confused,…