Canada will retaliate if US imposes tariffs, says Carney
Canada will retaliate if the U.S. imposes tariffs, Prime Minister Mark Carney warned on Tuesday.
Canada's government faces uncertainty as Finance Minister Chrystia Freeland resigns, leaving the country vulnerable to looming U.S. tariffs under President-elect Donald Trump.
Canada’s government is facing political turmoil after Finance Minister Chrystia Freeland abruptly resigned on Monday, leaving Prime Minister Justin Trudeau’s administration adrift just weeks before the inauguration of a U.S. administration that has threatened severe tariffs on Canadian exports.
Freeland stepped down after Trudeau offered her a lesser role in cabinet, citing disagreements over the prime minister's push for increased spending. She warned that excessive spending could weaken Canada’s ability to withstand the economic fallout from potential tariffs imposed by U.S. President-elect Donald Trump.
As the head of a special cabinet committee on Canada-U.S. relations, Freeland had been instrumental in coordinating with Canada’s 10 provinces to prepare a unified response to Trump’s trade policies.
Her departure came as a shock, particularly to Alberta Premier Danielle Smith, who criticized the government for leaving provincial leaders blindsided. Smith revealed that premiers learned of Freeland’s resignation halfway through a critical meeting about Canada-U.S. relations.
The resignation has further deepened internal divisions within Trudeau’s ruling Liberal Party. Disgruntled legislators, some of whom have been urging Trudeau to resign for months, gathered in Ottawa to express their frustration over the party’s declining popularity.
With national elections due no later than October 2025, the Liberals are trailing in the polls, putting Trudeau under increasing pressure to step aside.
Freeland’s departure comes at a precarious time for Canada’s economy. During Trump’s first presidency in 2017, he threatened to dismantle the North American Free Trade Agreement (NAFTA), a move that could have devastated Canada’s U.S.-dependent economy.
Freeland, then foreign minister, played a pivotal role in renegotiating the deal, helping to secure the United States-Mexico-Canada Agreement (USMCA).
With Trump poised to return to power and hinting at renewed tariffs, Canada now finds itself without one of its most experienced negotiators at a crucial moment. Trudeau's government faces mounting pressure to stabilize the leadership vacuum and reassure Canadians that the country is prepared to navigate the economic and political challenges ahead.
Aid groups in Myanmar’s worst-hit areas urgently need shelter, food, and water after a devastating 7.7 magnitude earthquake killed over 2,700 people. Rescue efforts face challenges due to ongoing civil war, damaged infrastructure, and restricted aid access, with the toll expected to rise.
Russian forces carried out a drone attack on Ukraine’s second-largest city, Kharkiv, late Wednesday, injuring at least twenty one people and causing structural damage, according to Ukrainian officials.
French far-right leader Marine Le Pen was banned from running for public office for five years after being convicted of embezzlement, ruling her out of the 2027 presidential race. She received a four-year prison sentence, with two years suspended, and a €100,000 fine. Le Pen plans to appeal.
Apple marked its 49th anniversary by reaching a market capitalization of $3.3 trillion. Despite recent tech stock volatility, Apple's shares surged 28% in 2024.
The Armenian armed forces attempted three reconnaissance drone flights over Azerbaijan Army positions near Gerenzur, but all were successfully intercepted. Meanwhile, Armenian units repeatedly fired on Azerbaijani positions from multiple regions, escalating tensions in the area.
Taiwan has reported a sharp increase in Chinese military activity as Beijing concluded two days of war games around the island, intensifying tensions across the Taiwan Strait.
Hunter Biden has voluntarily surrendered his license to practice law in Washington, D.C., following criminal convictions that raised questions about his professional eligibility.
Within hours of Trump’s “Liberation Day” speech, a chorus of global voices began responding — some cautiously, others furiously. While the U.S. president promised to rebalance what he called “decades of economic exploitation,” world capitals began drawing their own red lines.
Standing in the White House Rose Garden, President Donald Trump declared what he called “Liberation Day”, announcing a raft of tariffs on U.S. trading partners — the most expansive use of trade powers in modern American history.
Danish Prime Minister Mette Frederiksen has firmly pushed back against U.S. President Donald Trump’s renewed interest in acquiring Greenland, declaring that the Arctic island “belongs to the Greenlanders.”
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