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Canada’s Auto Industry Is Split on a U.S. Tariff Deal: What It Means for Your Wallet

  Canadian Money Brief • Tariffs & Trade • Saturday, November 14, 2026 Ottawa is once again trying to land a tariff deal with Washington. This time, the biggest fight may be inside Canada's own auto industry, and the outcome could reach your paycheque, your car purchase and your savings. Canada's auto manufacturers agree on the goal: get U.S. tariffs on Canadian-built vehicles down. They do not agree on how fast to move or what to accept. According to a Globe and Mail report published overnight, the Detroit Three (Ford, GM and Stellantis) want a deal sooner rather than later, even an imperfect one, while Honda and Toyota are pushing Ottawa toward a very different design. It matters now because of the clock. Canadian-built vehicles already face a 25% U.S. tariff on their non-American content, and Washington has threatened to double the headline rate to 50% on January 1, 2027. Honda has warned that doubling would be catastrophic for the North American industry. Prime Minister...
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US Military Strikes Houthi Radar Sites in Yemen Following Merchant Sailor’s Disappearance

 

In a significant escalation of the ongoing conflict, the United States military has launched a series of attacks targeting radar sites operated by Yemen’s Houthi rebels. These strikes come in response to the rebels’ assaults on shipping in the crucial Red Sea corridor. The situation intensified after a merchant sailor went missing following an earlier Houthi strike on a ship.

The U.S. Navy, facing its most intense combat since World War II, aims to counter the Houthi campaign. However, the rebel assaults often endanger ships and sailors unrelated to the conflict, further disrupting cargo and energy shipments between Asia, Europe, and the Middle East.

Central Command reported that seven radars within Houthi-controlled territory were destroyed, preventing the rebels from targeting maritime vessels. Additionally, the U.S. military neutralized two bomb-laden drone boats and a Houthi-launched drone over the Red Sea.

The missing merchant sailor was aboard the Liberian-flagged bulk cargo carrier “Tutor,” which suffered a Houthi attack using a bomb-carrying drone boat. The crew was rescued, but the vessel remains in the Red Sea, slowly taking on water.

As the conflict continues, tensions remain high in the region, impacting global trade and security.

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