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08.09.26 - 22:15
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Sapporo to move some beer production from Canada to US after tariffs (The Hill)
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Japanese brewing company Sapporo said Monday it will shift some of its production from Canada to the U.S. in the wake of the Trump administration's new tariffs on Canadian beer. Last month, President Trump implemented 50 percent levies on Canadian alcoholic products like beer and wine, in addition to a wide variety of other imported......
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08.09.26 - 22:15
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When Will There Be An ′Alternative For Canada′? (ZeroHedge)
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When Will There Be An 'Alternative For Canada'?
Authored by Mark E. Jeftovic via Bombthrower,
On Sunday, Germany's Alternative für Deutschland won Saxony-Anhalt, which shouldn't really surprise anyone, but is being treated by the media like some kind of Black Swan event, blindsiding us all.
The AfD won 43.8% of the vote, more than doubling its result from five years ago and crushing Chancellor Friedrich Merz's CDU, which came in at 17.2%. Apparently, if it wasn't for mail-in voting they would have had a majority.
As it stands, they're within three seats of an outright majority (maybe they can follow the Liberal Party of Canada playbook and induce a few other MPs to defect).
Naturally, practically every headline describing the result contains some variation of the words "far right".
We've been through this before.
A few years ago I wrote "What Does 'Far Right' Even Mean Anymore?" and came up with a working definition:
"Far right" is basically anything th...
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08.09.26 - 21:30
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Carney: Canada relied ′too much′ on ′easy′ economic ties with US (The Hill)
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Canadian Prime Minister Mark Carney said Tuesday his country has over relied on "easy" economic ties to the U.S., a take he shared as his retaliatory tariffs on American goods went into effect. “The past 40 years has been a period of deeper economic integration with the United States. Truth is, it was easy business,......
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08.09.26 - 19:48
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Canada Tariffs Escalate Trade Spat; Markets brace for Inflation Test (Bloomberg)
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Get a jump start on the US trading day with Vonnie Quinn and Bailey Lipschultz on "Bloomberg Open Interest." The summer calm may be over. Middle East tensions hit markets ahead of a crucial inflation report, as the US-Canada trade fight escalates. Apple enters the John Ternus era with a foldable iPhone. Plus, NASCAR CEO Steve O'Donnell on racing's momentum, Bloomberg Intelligence's Mandeep Singh on Qualcomm's Amazon chip deal, and Julie Macklowe on tariffs, whiskey and the rise of ready-made cocktails. (Source: Bloomberg)...
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08.09.26 - 18:18
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Why the US-Canada Trade War Is Escalating (Bloomberg)
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The abrupt end to trade talks between the US and Canada in August led to a sharp escalation in tensions between the two countries. It even prompted President Donald Trump to order Lake Ontario's name changed on US maps to “Lake America.”...
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08.09.26 - 16:39
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Canada′s Counter-Tariffs Take Effect As Trump Targets Bombardier And Midterm Battlegrounds (ZeroHedge)
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Canada's Counter-Tariffs Take Effect As Trump Targets Bombardier And Midterm Battlegrounds
Canada's retaliatory tariffs on U.S. goods took effect at 12:01 a.m. Tuesday - raising duties of 15%, 25%, and 50% on hundreds of American products after last month's collapse of bilateral talks. Ottawa says the package matches the United States "dollar for dollar, rate for rate." Finance Canada values the covered U.S. imports at $27.6 billion; some U.S. accounts put the figure nearer $20 billion. Either way, it is a small share of total two-way trade - and a large share of the political risk.
GEOFF ROBINS/AFP/Getty Images
The list is drawn from goods already hit by U.S. Section 338 and Section 232 tariffs. Section 338, a long-dormant provision of the Tariff Act of 1930, had not previously been used by a president to impose duties; Trump invoked it in July to levy 50% on selected Canadian goods after talks failed, and those U.S. duties took effect August 22. Canada's matching rates now appl...
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08.09.26 - 15:31
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Retaliatory Canadian tariffs take effect (The Hill)
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Canada's retaliatory tariffs on $27.6 billion in American products took effect on Tuesday, marking the latest escalation in an ongoing trade fight between the U.S. and its northern neighbor. The economic policies impose 15 percent, 25 percent and 50 percent tariffs on around 6 percent of what the U.S. exported to Canada last year. The......
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08.09.26 - 14:42
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Canadian Dollar Rises As Oil Prices Climb (AFX)
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CANBERA (dpa-AFX) - The Canadian dollar strengthened against other major currencies in the European session on Tuesday, with Brent crude futures surging toward $100 a barrel on growing risks of a ......
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