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President’s remarks follow turbulent week as markets rattled by series of chaotic tariff announcements and immediate walkbacks
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Donald Trump said over the weekend that he could not rule out the possibility of a recession being triggered by uncertainty over his tariff war against the United States’s top trading partners like Canada and Mexico.
“I hate to predict things like that,” the president told Maria Bartiromo on Fox News’s Sunday Morning Futures when pressed about the possibility. “There is a period of transition.”
Mark Carney, the former Bank of England governor, meanwhile won the race to succeed Justin Trudeau as Canada’s new prime minister and leader of the Liberal Party last night and wasted no time in vowing to take on Trump in a trade war, urging his country to unite in a defiant acceptance speech.
After seeing off a challenge from ex-finance minister Chrystia Freeland, Carney hit out at Trump’s tariff agressions by saying: “The Canadian government has rightly retaliated with tariffs. We will keep our tariffs on until the Americans show us respect.
“We did not ask for this fight. But Canadians are always ready when someone else drops the gloves. Make no mistake, Canada will win.”
He further accused the American of “attacking Canadian families” and wanting to “destroy the Canadian way of life.”
This was probably the new PM’s key line of the night.
The former Bank of England governor won the race to succeed Justin Trudeau as Canada’s new prime minister and leader of the Liberal Party on Sunday and wasted no time in vowing to take on Trump, urging his country to unite in a defiant acceptance speech.
Carney, who will be sworn in as Trudeau’s successor in the coming days, was elected last night in the middle of a tense moment for his country as tensions escalate with its closest neighbour over tariffs.
After seeing off a challenge from ex-finance minister Chrystia Freeland by securing 85.9 per cent of the votes cast by 150,000 Liberal Party members, Carney hit out at Trump for “attacking Canadian families” and wanting to “destroy the Canadian way of life”.
Here’s a full report from Alexander Butler.
Good morning!
The president said on Sunday he could not rule out the possibility of a recession being triggered by uncertainty over his tariff war against the United States’s top trading partners like Canada and Mexico.
“I hate to predict things like that,” Trump told Maria Bartiromo on Fox News’s Sunday Morning Futures when pressed about the possibility.
“There is a period of transition.”
Urging Americans to take a long view of his work to reconfigure the U.S.’s policy towards free trade, Trump pointed to the supposed “100 year perspective” of Chinese economic and political strategists.
“The tariffs could go up as time goes by, and they may go up,” he added.
The remarks came after Trump dragged the U.S. and its neighbors through a dizzying week of tariff announcements and U-turns, which saw him imposing 25 percent tariffs against Canadian and Mexican imports before delaying them by one month a day later and moving to double the 10 percent duties it had already levied on China, inviting inevitable reprisals and panicking the markets.
Here’s more from John Bowden.
The Trump administration’s top diplomat joined DOGE chief Elon Musk in picking a fight with Poland’s foreign minister on Sunday as the three squabbled over Musk’s Starlink system and its use in Ukraine.
Sunday’s three-way exchange was just the latest example of American foreign relations turning into a blame game as Marco Rubio, the secretary of State, reiterated the White House’s position that Europe was insufficient with its praise and gratitude after three years of US support for Ukraine’s defense.
John Bowden reports from Washington, D.C.
Kelly Rissman writes:
“Our country is on the verge of a comeback, the likes of which the world has never witnessed, and perhaps will never witness again.”
That is how President Donald Trump described the American dream and the current landscape of the country. But he could have been referring to himself.
Continue reading…
From The Independent’s editorial team:
As Russia regains ground in Kursk, it’s up to Keir Starmer and other European leaders to act — fast.
Plainclothes agents from Immigration and Customs Enforcement arrested a recently graduated leader of the Palestine solidarity protests at Columbia University on Saturday, according to his lawyer and student organizers, sparking fears of a long-feared federal crackdown on campus activists.
Mahmoud Khalil, who is Palestinian, had just entered the lobby of his university-owned apartment building near the New York campus when agents approached him and his eight-months-pregnant wife, asking for his identification and saying he was under arrest because the State Department had revoked his student visa.
Josh Marcus has the details.
The Department of Justice has launched an investigation into the surging price of eggs, which is expected to rise more than 40 per cent in 2025.
According to the Wall Street Journal, the Justice Department sent a letter to egg companies instructing them to preserve documents about their pricing conversations with customers and competitors, in addition to communications with Expana, formerly Urner Barry, an American business publisher that tracks an egg index.
The department suggested that federal investigators want to review company communications about egg production and bird flu.
Michelle Del Rey has the story.
The Trump administration has designated the headquarters of multiple cabinet departments and federal courthouses across the country as nonessential properties that can be sold off.
A website for the General Services Administration — the agency responsible for managing the government’s office space — detailing “buildings and facilities that are not core to government operations” now includes the headquarters of the Department of Justice, the Federal Bureau of Investigation, and the federal courthouse in Los Angeles, America’s second-largest city.
Andrew Feinberg has the details.
Donald Trump’s Turnberry golf resort in Scotland has been vandalized by activists in response to his recent statements on Gaza.
The golf course in South Ayrshire, owned by the president, was targeted overnight on Friday, with activists painting “Gaza Is Not 4 Sale” in almost 10-foot-high letters on the lawn and damaging the greens, including the course’s most prestigious hole, used in Open Championships.
Red spray paint was used to deface the clubhouse at the 800-acre resort.
Read on…
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