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What smart people say about Trump’s escalating trade war with Canada 0
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- August 25, 2026
Big Canadian tariffs are making a comeback. In Truth Social posts on Monday, President Donald Trump threatened a plan to impose another batch of 50% tariffs on Canadian-made products. This one impacts cars, trucks, auto parts, and steel, and would start on January 1. The ultimatum is escalating an already bitter trade fight with one
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US-Canada trade war heats up as Trump threatens to hike auto tariffs 0
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- August 24, 2026
Meanwhile, Ontario’s outspoken premier, Doug Ford, whose province is home to Canada’s auto manufacturing industry, responded to Trump’s tariffs and threats by telling the US president to “kiss my ass”. Ford also suggested that Canada should charge the US extra for its oil and gas, as well as electricity and critical minerals, adding that he
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Treasury Secretary Scott Bessent becomes the tip of the spear in the war on Iran and the bond vigilantes as the U.S. readies more financial firepower | Fortune 0
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- August 24, 2026
Facing an increasingly aggressive Iran and a slumping bond market, the Trump administration is betting that Treasury Secretary Scott Bessent can use the financial weapons in the government’s arsenal to achieve victory on both fronts. The idea is to kill two birds with one stone: getting Iran to fully reopen the Strait of Hormuz would
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‘Half of my business will be gone’ – Bracing for fallout in the Canada-US trade war 0
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- August 24, 2026
While the tariffs could mean changes for the Paloma Clothing company, other American companies are facing the same battle they have faced since Trump returned to office and began imposing his levies. Bill Easton, owner of Terre Rouge Wines in Plymouth, California, has been unable to ship his wine north to Canada for the past
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The Iran war could last ‘deep into 2027’ as the Strait of Hormuz isn’t that closed, allowing more oil to leak out—but major escalation is likely soon | Fortune 0
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- August 24, 2026
One of the hottest debates in the energy industry right now is how much oil is actually coming out of the Persian Gulf, and the answer could determine how long the Iran war lasts. Iran insists the Strait of Hormuz is closed and that it has control of the narrow waterway, which saw 20 million
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Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too | Fortune 0
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- August 24, 2026
A financial crisis that has long been predicted by Russia experts and Kremlin insiders appears to have finally arrived as banks see depositors scramble to pull out their money amid fears it may be seized. In the first half of August, Russians withdrew $3.4 billion (286.4 billion rubles), according to central bank data cited by
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