Iran Threatens US With ‘Economic Warfare’ as Gulf Tensions Rise 
Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate 
ECB Set for September Rate Hike as Energy Prices Fuel Inflation 
Ecuador Backs U.S. Sinking of Vessels in Pacific Anti-Drug Operation 
Australia Plans New Rules Giving Users Control Over Social Media Feeds 
Russia Eyes Putin-Trump-Xi Trilateral Meeting at China APEC Summit 
Trump’s Arlington Arch Project Faces New Court Restrictions 
UK House Prices Fall for First Time Since 2023 
Gold Prices Rise as Yen Rally Weakens Dollar 
US Stock Futures Mixed as Strong Jobs Data Boosts Fed Rate Hike Bets 
European Stocks Flat as Iran Tensions, ECB Rate Hike Loom 
China Exports Surge 25% in August as Trade Surplus Hits $119 Billion 
Oil Prices Climb as Iran Threatens Gulf Energy Infrastructure 
Oil Prices Rise as Hormuz Tensions Threaten Supply 
Kyiv Mothers Give Birth Amid Russian Drone Attacks 
Uranium Prices Could Top $100 as Nuclear Demand Grows 
Sara Duterte Posts Bail Over Grave Threats Case 
Add as a preferred source on Google
Prime Minister Mark Carney announced that Canada is prepared to restart trade negotiations with the United States after President Donald Trump halted discussions due to an anti-tariff advertisement released by Ontario’s provincial government. The controversy arose when the ad featured edited audio and video of former U.S. President Ronald Reagan criticizing tariffs, prompting Trump to label the commercial “fraudulent” on social media.
Carney, who has visited the White House twice since taking office, has been striving to negotiate the removal of U.S. tariffs on steel, aluminum, and autos—measures that have hurt Canada’s economy. Ontario Premier Doug Ford confirmed that while the province’s ad campaign would continue through the World Series weekend to reach American audiences, it will pause on Monday to allow trade discussions to resume.
Carney emphasized his commitment to “constructive negotiations” with U.S. officials and expressed optimism about reviving talks for the benefit of both nations’ workers and industries. Meanwhile, Trump administration officials, including White House economic adviser Kevin Hassett, criticized Canada’s “lack of flexibility,” blaming Ottawa for stalled progress.
The Reagan Presidential Foundation condemned Ontario’s ad, saying it selectively used and edited Reagan’s 1987 address without authorization, misrepresenting his stance on tariffs. The foundation noted that Reagan’s original message acknowledged tariffs as a temporary measure, not a rejection of free trade.
In addition to the ad controversy, Canada recently cut tariff-free import quotas for General Motors and Stellantis, citing reduced domestic production. The tensions add to concerns surrounding Trump’s escalating trade policies, which have raised U.S. tariffs to their highest levels in decades.
Despite these challenges, Carney reiterated Canada’s readiness to continue dialogue, saying both economies stand to benefit from fair and open trade.
