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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 governor of the Bank of England, meanwhile won the race to succeed Justin Trudeau as Canada’s new prime minister last night and wasted no time in vowing to take on Trump in a trade war, urging his country to unite.
Carney, who saw off a challenge from ex-finance minister Chrystia Freeland to lead the Liberal Party, hit out at the American’s tariff aggressions 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 Trump of “attacking Canadian families” and wanting to “destroy the Canadian way of life.”
The outgoing PM made way for Carney yesterday with a sign-off that praised his fellow Canadians for “showing what we are made off” in standing up to an “existential challenge” from the man in the White House.
Economist Stephen Moore, who advised the Republican’s 2016 presidential campaign and was nominated by him to lead the Federal Reserve in 2019, told Fox News on Sunday that he had some serious doubts about the wisdom of his old boss’s trade war.
Trump was expected to sign an executive order on Friday tasking his freshly confirmed education secretary with dissolving the federal department she heads, only for the White House to reverse course.
McMahon later confirmed she believed her job is to secure a near-impossible three-fifths supermajority, or 60 votes, needed in the Senate to abolish the agency – but said that she would not simply walk away and abandon the department.
Republicans currently hold a slim 53 to 47 seat majority in the upper chamber.
“This is not a turn off the lights and walk out of the department,” McMahon told NewsNation.
“It’s in close consultation with Congress and looking at how the needs of students can best be serviced.”
James Liddell reports.
The former president has been accused by a right-wing think-tank of using the same automatic signature to sign a raft of documents while in office.
The Oversight Project, a self-described investigative arm of the Heritage Foundation (of Project 2025 fame), is challenging the legitimacy of orders signed by the Democrat on the grounds that an “autopen signature” was allegedly used across almost “every document” it could find.
James Liddell has the story.
Here are the latest social media posts from the president, which find him attacking Malcolm Turnbull after he said in a Bloomberg interview that Trump’s tariff antagonism would play directly into China’s hands and striking a less aggressive tone on Greenland than he has previously.
Here’s Turnbull promoting the piece in question that so angered Trump:
Saturday Night Live parodied that supposed cabinet fallout over the weekend, with James Austin Johnson once more holding court as the president and Mike Myers returning as Elon (throwing in a touch of Dr Evil for good measure).
Michelle Del Rey has the story.
The president’s other TV appearance yesterday came when he took questions from reporters on Air Force One as he returned to Washington from a weekend in Florida.
Here are a few choice excerpts, from his promising American consumers untold wealth (eventually) as a result of his tariff war to dismissing plane crashes as just one of those things, denying that his nomination of Amy Coney Barrett to the Supreme Court was a “DEI hire” and getting shirty with a reporter who asked whether he was being “disrespected” by Vladimir Putin.
Perhaps the juiciest order of business though was his move to rubbish reports of a fall out between his billionaire DOGE supremo Elon Musk and Secretary of State Marco Rubio.
You can see his answer to that below.
The president is “comfortable” with a democratic ally ceasing to exist if defending it becomes too expensive, he implies.
In the same interview in which he conceded there could be a recession after all, the president reiterated his claim that Ukraine President Volodymyr Zelensky has not been sufficiently “grateful” for American aid and alleged that he “took money out of this country… like candy from a baby” (his description of the Biden administration’s policy of military and political support for Ukraine’s military).
Trump also rejected that idea he was supportive of Vladimir Putin, insisting: “Nobody has been tougher on Russia than Donald Trump.”
John Bowden has this one too.
This was probably the new PM’s key line of the night.
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