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OTTAWA — As Canada prepares for U.S. President Donald Trump to unleash his trade war against Canada on Tuesday, Ontario’s ready to pull the plug. Speaking Monday at a mining convention in downtown Toronto, Ontario Premier Doug Ford doubled down on threats to cut electricity exports to U.S. border states if the tariffs go through. "If they want to try to annihilate Ontario, I will do everything — including cut off their energy with a smile on my face,” Ford told reporters. “They rely on our energy, they need to feel the pain. They want to come at us hard,...

Food prices have been on an increasingly upward trend for the past several years thanks to COVID-19 and inflation. And while U.S. tariffs against Canada and Mexico were on hold, President Donald Trump has now announced that they will go into effect on March 4, "as scheduled." The president made this announcement in a post on the social media platform Truth Social. Those 25% tariffs against Canada and Mexico were on hold after the two countries reached an agreement with the United States, but now that they're back on, your grocery budget is likely to be affected—after all, those countries...

Honda has announced it will produce its next-generation Civic hybrid in the United States instead of Mexico to avoid potential tariffs.Honda revealed that it plans to produce its next-generation Civic hybrid in Indiana.The change comes as Honda is bracing for President Trump’s proposed 25% tariffs on goods from Mexico and Canada.Honda, Japan’s second-largest automaker, originally planned to manufacture the next-generation Civic in Guanajuato, Mexico.Production is slated to begin in May 2028 with an estimated production of 210,000 Civics.Honda decided to produce its next-generation Civic hybrid in the US state of Indiana, instead of Mexico, to avoid potential tariffs on one...

Chip designers Nvidia and Broadcom are running manufacturing tests with Intel, two sources familiar with the matter told Reuters... indicate the companies are moving closer to determining whether they will commit hundreds of millions of dollars' worth of manufacturing contracts to Intel...Advanced Micro Devices is also evaluating whether Intel's 18A manufacturing process is suitable for its needs but it was unclear if it had sent test chips through the factory...The success of Intel's contract manufacturing business, or foundry, was the centerpiece of former CEO Pat Gelsinger's plan to revive the once iconic American technology company. But the board fired Gelsinger...

Being a tariff man may come with some consequences for the US economy. That's the warning from former Trump communications director and Skybridge Capital founder Anthony Scaramucci. "I don't think this sort of blanket approach is the right way to do it, and I think he's [Trump] is going to put us into a recession, frankly," Scaramucci told me at the Bitcoin Investor Week conference. "Remember tariffs are a tax, and they're primarily a consumer tax," Scaramucci added. It's "a consumption tax, sort of like a VAT [value-added tax]. And that’s a regressive tax. So what ends up happening is...

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:Section 1. Purpose. The production of timber, lumber, paper, bioenergy, and other wood products (timber production) is critical to our Nation’s well-being. Timber production is essential for crucial human activities like construction and energy production. Furthermore, as recent disasters demonstrate, forest management and wildfire risk reduction projects can save American lives and communities.The United States has an abundance of timber resources that are more than adequate to meet our domestic timber production needs, but heavy-handed Federal policies...

U.S. Treasury Secretary Scott Bessent said on Friday that Mexico has proposed matching U.S. tariffs on China in a move that he described as “very interesting” and one that Canada should match.

A drug cartel kingpin, known as the US Drug Enforcement Administration’s top target for his role in the killing of a DEA agent, was moved from Mexico to New York City on Thursday and is expected to face a judge on Friday, according to officials and sources. Rafael Caro Quintero was among 29 cartel members the Mexican government released into US custody as President Trump has threatened to slap imports from Mexico with a 25% tariff on March 4 if the country doesn’t do more to crackdown on illegal immigration drug smuggling. “Obviously, this is one of the biggest days...

President Donald Trump has confirmed that his proposed tariffs on Mexico and Canada will begin on March 4, with an “additional 10 percent tariff” likely to be charged to China. Drugs such as fentanyl “are still pouring into our country from Mexico and Canada at very high and unacceptable levels,” Trump wrote on Truth Social, stating that many of them are “made in, and supplied by, China.” “More than 100,000 people died last year due to the distribution of these dangerous and highly addictive POISONS. Millions of people have died over the last two decades. The families of the victims...

Apple (AAPL) announced Monday that it will spend and invest more than $500 billion in the US over the next four years, including plans to build a new manufacturing factory, double its advanced manufacturing fund, and hire 20,000 people. "We are bullish on the future of American innovation, and we're proud to build on our long-standing U.S. investments with this $500 billion commitment to our country’s future,” Apple CEO Tim Cook said in a statement. "From doubling our Advanced Manufacturing Fund, to building advanced technology in Texas, we’re thrilled to expand our support for American manufacturing. And we’ll keep working...

Far-left Canadian Prime Minister Justin Trudeau promised the Ukrainian government $5 billion taken from seized Russian assets and several other forms of aid during a visit to Kyiv on Monday marking the third anniversary of Russia’s full-scale invasion of that country. The visit was preceded by a phone conversation between Trudeau and American President Donald Trump, who has prioritized brokering an end to the war with Russia directly. Notably, readouts and reports on the contents of that call published this weekend indicated that the topic of conversation was primarily Ukraine, rather than the Canada-U.S. relationship.

From Baltimore – Wide-ranging tariffs are scheduled for March, yet it’s not clear to most Americans – including this one – exactly what the impact will be.We all know that tariffs are taxes on imports, of course. But how much? And what is taxed? And who will pay for them?Well, sometimes a few good charts can shed light on just such a matter. And I recently came across two that speak volumes.First, however, what is the Trump administration’s tariff plan?Well, the White House has already put an additional 10% tariff on goods from China. A 25% tariff on imports from...

Miffed Canadians are opting out of American vacations as President Donald Trump imposes tariffs on their country to protect his own nation and its people. The Canadians’ decision not to visit America is having an effect on air and land travel as they push back against the tariffs levied against their nation, the New York Post reported on Saturday. On January 31, the White House confirmed that Trump was preparing to impose fresh tariffs on major U.S. trading partners in an effort to shield American industry and national security, per Breitbart News’s John Carney: White House press secretary Karoline Leavitt...

Hyundai Motor Company and Kia aim to boost American automobile production to avoid President Donald Trump’s planned 25 percent auto tariff, according to a report. Trump on Tuesday said the tariff rates on auto imports will be “in the neighborhood of 25 percent,” with more details to come in early April. He noted that he will give auto manufacturers time to avoid the tariff. “If they have a plant and factory here, there will be no tariff,” the 47th president remarked.

One of President Trump’s objectives over the next four years is to have US revenues from tariffs become so massive that the Internal Revenue Service is no longer needed, his commerce secretary revealed Wednesday. “His goal is to abolish the Internal Revenue Service and let all the outsiders pay,” Commerce Secretary Howard Lutnick said during an appearance on Fox News Channel’s “Jesse Watters Primetime.” The former CEO of Wall Street firm Cantor Fitzgerald expanded a day later on his belief that Trump’s sweeping tariff plan will be a boon for the US economy. “As the president said, reciprocal tariffs, either...

In trade relations between Germany and the U.S., the European nation has clearly been on the winning side of unfair policies, and now the president of the nation’s central bank says Germany would “suffer” if President Trump were to implement the same tariffs that they have on us. From Reuters, via Yahoo News:Trump’s tariff plans put Germany’s growth at particular risk, Bundesbank warnsGermany is particularly vulnerable to US trade tariffs, which could curb growth for years to come and hold back an economy already suffering through two straight years of contraction, Bundesbank President Joachim Nagel said on Monday.Germany, Europe’s largest...

Gold is being flown from London to New York in unusually high volumes. Gold held in the UK's central bank has been trading at a discount due to tariff fears. The metal has been trading at record highs of about $2,9000 an ounce this month. Significant amounts of gold are being taken out of the UK's central bank and flown to New York, driven by fears about the impact of tariffs threatened by President Donald Trump. The uncertainty means gold held at the Bank of England has been trading at a discount to the wider market, and traders face lengthy...

Back in November, I wrote a column for Kansas Reflector that discussed the likely adverse effects of President Trump’s proposed tariffs on U.S. farmers. The piece noted that 398 million acres of cropland has been added to the mix around the world since the start of this century, notably in tropical regions such as Brazil and India. There is increasing competition for U.S. farmers in export markets. The United States alone cannot absorb all that we produce here. Many farmers voted for Trump because he promised less regulation and greater prosperity for America’s farmers. The hard truth is that, like...

Trump announced on Friday that the U.S. will enforce reciprocal trade tariffs with other nations – meaning Trump will lift American tariffs to the rates those other nations charge us.For all the self-righteous indignation by the Chinese, Germans and the huffy European Union bureaucrats, the U.S. has virtually the lowest tariffs of any major trading partner in the world (and these numbers don’t even include the VAT taxes that are rebated on exports and zing imports).We are also (by far) the richest country in the world with half of the world’s wealth, which contradicts the argument by some of our...

...on any country ripping off America.