Trump posted a letter sent to Canadian Prime Minister Mark Carney in which he outlined the upcoming tariffs. This week, Trump has posted letters to more than a dozen countries vowing to impose steep tariffs on their imports starting Aug. 1.
The president argued Canada had not done enough to curb the flow of fentanyl into the United States, even though relatively little fentanyl crosses the northern border each year compared with the southern border.
“If Canada works with me to stop the flow of Fentanyl, we will, perhaps, consider an adjustment to this letter,” Trump wrote to Carney. “These Tariffs may be modified, upward or downward, depending on our relationship with your Country.”
The U.S. had previously imposed a 25 percent tariff on Canadian goods, though Trump later exempted products covered under the 2020 trade agreement struck between the U.S., Canada and Mexico. It’s unclear whether those exemptions will still apply as of Aug. 1.
JPMorgan Chase CEO Jamie Dimon on Thursday knocked Democrats for pushing diversity, equity and inclusion (DEI) policies instead of “real world” solutions.
T-Mobile says it will eliminate its diversity, equity and inclusion (DEI) programs as it awaits regulatory approval from the Federal Communications Commission (FCC) for two acquisition deals.
President Trump is trying to make Jerome Powell’s “life as miserable as possible” as he ramps up pressure on the Federal Reserve chair to lower interest rates or leave the central bank, a reporter who has closely followed Trump asserted this week.
Federal immigration agents, assisted by members of the National Guard, carried out raids at two Southern California cannabis farms Thursday, arresting dozens, including undocumented minors, in an operation that drew several hundred protestors and violent clashes with officers.
The Bureau of Labor Statistics is set to release the June 2025 consumer price index, Federal Reserve’s preferred inflation gauge, next Tuesday at 8:30 am E.T.
The Democratic Party’s credibility with voters has plummeted even further since the 2024 election, raising alarm bells as the party looks to rebuild ahead of the midterms and the next presidential election, according to a poll obtained by The Hill. Read more
Deputy FBI Director Dan Bongino is at the center of internal fighting in the Trump administration about the handling of files related to disgraced financier Jeffrey Epstein, leading to questions about Bongino’s future in his role. Read more
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