Tag: justin trudeau
-
Incoming Canadian Prime Minister Mark Carney vows “Dollar for Dollar” trade war
Former Central Bank Governor Mark Carney was elected leader of the Liberal Party in Canada with a resounding 85% of the vote, defeating his opponent, former Finance Minister Chrystia Freeland. Mark Carney was Canada’s central banker from 2008 to 2013 and the UK’s central banker from 2013 to 2020 steering through two crisis: the financial…
-
Canada’s politicians united over retaliatory tariffs against the United States
Canada’s main political leaders are united behind Canada’s response to tariffs imposed on the Untied States on Canada that became effective as of today. The Untied States has imposed up to 25% tariffs on most Canadian goods and a 10% tariff on Canadian energy. Canada has responded with similar measures. Canada’s Prime Minister Justin Trudeau…
-
Prime Minister Justin Trudeau swings upwards in polls, but Conservatives still ahead: six candidates to compete for the Liberal Party’s leadership
Canada’s Prime Minister Justin Trudeau is recovering in the polls following recent events including threats by the US President to impose tariffs on Canada. Premier Trudeau’s upswing in the polls is being attributed to a wide resurgence of nationalism in Canada following President Trump’s attacks on Canada and his insistence to turn Canada into “the…
-
A busy week for EU and US relations but no developments on US-EU tariffs
US Vice-President JD Vance was present in Paris, France for the Artificial Intelligence Action Summit along with European and world leaders where 61 countries signed a pledge for an open and inclusive AI. The US and UK didn’t sign the pledge. US tech executives were also present for the summit along with Indian President Narendra…
-
US tariffs on Canada and Mexico postponed for one month
US tariffs on Canada and Mexico have been postponed by one month after both Mexico and Canada agreed to take further action on securing the border from illegal immigrants and drug trafficking, especially Fentanyl. Markets bounced back with the news but the Euro is still under pressure. During the weekend President Trump ordered 25% tariffs…
-
Canada retaliates against US tariffs with 25% tariffs on $155 billion of US products
Canada is to retaliate against recently announced US tariffs on Canadian goods by an equivalent 25% tariff on an estimated $155 billion of US goods. In a press conference given yesterday, Canada’s Prime Minister Justin Trudeau announced the retaliatory tariffs along with Canada’s position on US relations. US President Donald Trump started the weekend by…
-
Canada’s Prime Minister is to resign after new leader of the Liberal Party is chosen
Yesterday, Canada’s Prime Minister Justin Trudeau has announced that he will be resigning as leader of the Liberal Party and as Prime Minister after a new leader of the Liberal Party is chosen. Prime Minister Justin Trudeau was elected Prime Minister for the first time in 2015 and is the son of the previous and…
-
Canada’s Prime Minister is set to resign: press reports
Press reports citing sources close to the Canadian Prime Minister have told the press that Prime Minister Justin Trudeau is planning to resign as head of the Liberal Party later today. This news follows the resignation of the Deputy Prime Minister and Finance Minister Chrystia Freeland, who resigned over disagreements with the Prime Minister over…