Skip to main content

Featured

Jeneroux’s Defection Pushes Carney Closer to Majority

                                                      MP Matt Jeneroux Prime Minister Mark Carney’s Liberal government has moved one seat nearer to a majority after Edmonton MP Matt Jeneroux crossed the floor from the Conservatives to join the governing caucus. Jeneroux, who had previously announced plans to resign, instead opted to align himself with Carney’s agenda, becoming the latest in a string of Conservative MPs to defect. Carney welcomed Jeneroux publicly, highlighting his experience and announcing that the Alberta MP will serve as a special adviser on economic and security partnerships. The move spares the government a byelection in Edmonton and adds further momentum to the Liberals’ recent gains, which have included multiple high‑profile floor crossings.  Jeneroux’s decision underscores shifting political dynami...
Post a Comment
Read more

article

Labels

Tariff Tipping Point: Trump Unleashes Reciprocal Tariffs

 

In a dramatic escalation of trade tensions, President Donald Trump declared today that reciprocal tariffs are set to take effect. Speaking in an emphatic post on his social media platform, Trump proclaimed, "Today is the big one: reciprocal tariffs!" The announcement signals that the administration will match any tariffs imposed on U.S. imports by other nations—a move aimed at leveling the playing field for American manufacturers.

While details remain sparse, the president hinted that the new policy will target countries that levy higher duties on U.S. goods, a tactic intended to protect domestic industries and generate additional government revenue. Economists, however, warn that such measures may ultimately burden American consumers with higher prices and disrupt global supply chains.

Market watchers are already anticipating swift retaliatory responses from key trading partners such as China, Canada, and Mexico. As the global trade landscape braces for further volatility, investors and businesses alike are keeping a close eye on the unfolding tariff war, which could signal a new chapter in U.S. trade policy.

Labels:

Comments

Post a Comment