[L'article Riposte canadienne aux tarifs douaniers américains – voici l’essentiel  a d'abord été publié dans InfoBref.]

Tariffs on Canada, threats against Iran’s partners and bond market intervention show a president weaponising US power while making Americans poorer at home

Three moves in the last week have exposed the limits of Donald Trump’s economic bullying. The US slapped 50% tariffs on another $20bn of Canadian goods – then threatened the same rate on the cars, trucks, parts and steel that America Inc depends on. On Monday, the Treasury secretary, Scott Bessent, menaced Iran’s trading partners with exclusion from the US financial network, hoping that coercion can deliver what months of war have not. And as the costs of war, tariffs and pro-billionaire tax cuts helped send US bond yields higher, the Treasury stepped in to tame long-term rates. These are not contradictory policies but a gamble: that US economic power can be repeatedly weaponised without reducing others’ willingness to depend on it.

The Trump administration’s “D-day” sanctions are potentially the most consequential because they expose the scaffolding of American financial power. While markets shrugged off the immediate threat, that calculation might change were the US to target a major Chinese refinery or bank. Such an escalation could spark a trade war with Beijing. The US has leverage. But China has pressure points – especially farmers in Republican states – that make using it costly. In the long run, there is a price to pay. Nations hold one another’s currencies partly because they trust the political relationship. Mr Trump is testing what happens when they don’t.

A fundamental rupture in the values that have united North America is not a problem that can be wished away: this is a warning to the western alliance

The Canadians are exceedingly angry. I realise this can sometimes be difficult for foreigners to deduce, given our national struggle to express the full range of human emotion outside ice hockey riots. However, let me assure you that the prime minister Canadians saw take the stage on Saturday morning in the wake of the collapse in trade negotiations with the US was a Mark Carney practically vibrating with fury.

“You’re at war when you get attacked. We got attacked,” he said, in a rare press conference that was as candid and clear as he ever tends to be. “That’s fine … We’ve got the reserves, we’ve got the resilience, we’ve got the plan, we’ve got the focus. We’re gonna respond, we’re going to focus on what we can control and what we’re going to build.”

Jen Gerson is a Canadian commentator and co-founder of The Line. She lives in Calgary, Alberta

[L'article Le gouvernement fédéral commande ses brise-glaces au Québec a d'abord été publié dans InfoBref.]

Move is latest deterioration in trade relations between neighbors with historically strong economic ties

Donald Trump announced a new 50% tariff on automobiles and crucial raw materials from Canada, the latest deterioration in trade relations between the two neighbors with historically strong economic ties.

The US president said that the increased tariffs would start on 1 January 2027 on all cars, trucks, automobile parts and steel. He also derided the nation’s tariffs on American farmers, writing on social media that Canada has been “ripping off” the US “for years”.

Prime minister praised for rejecting US trade proposal as Trump shows little interest in retreating from dispute

• Are you a Canadian boycotting US products? We’d like to hear from you

Mark Carney said on Monday that while American negotiators saw the French language in Canada as an “irritant … in Quebec, these are rights,” days after receiving widespread praise from political leaders for rejecting a US trade proposal that many perceived as weakening the country’s Francophone culture.

The prime minister’s remarks came hours after the US president, Donald Trump, showed little interest in retreating from the spat, posting on social media that Canada had been “ripping off the United States of America for years” and threatening a swath of new, economically devastating tariffs on cars and trucks.

[L'article La guerre commerciale reprend entre le Canada et les États-Unis a d'abord été publié dans InfoBref.]

[L'article Washington a finalement imposé ses droits de douane de 50%, Ottawa va riposter a d'abord été publié dans InfoBref.]

Breakdown shows Washington now prioritises its own interests over any semblance of shared economic ground

• ‘No more!!!’: Trump lashes out after US-Canada talks devolve into trade war

The calamitous collapse of trade negotiations between Canada and the United States is a warning to nations worldwide that pursuing any kind of dialogue with the current US administration is doomed at the outset, according to observers who say this recent episode indicates seeking a fair deal is futile.

Andrea Lawlor, an associate professor of political science at McMaster University in Ontario, said: “No matter the closeness of the historical relationship, the American administration has signalled that it now prioritises its interests above those of some sort of global economic coordination or harmony.

Audio recording of US vice-president apparently made at New York fundraiser and shared with Canadian Press

Leaked audio from a private event has reportedly captured the US vice-president, JD Vance, mocking Canada for apparently capitulating in a trade deal and taunting the prime minister, Mark Carney, for trying to “out-tough” Donald Trump.

The recording, which was reportedly made at a fundraiser and shared with the Canadian Press, comes in the last stretch of a difficult negotiation in which the US president has threatened to impose 50% tariffs on Canada.

[L'article Que sait-on sur le futur accord commercial Canada–États-Unis?  a d'abord été publié dans InfoBref.]

US president delays 50% tariffs by three days, and says contentious oil project ‘may be awoken from the grave’

Canada has temporarily avoided a bruising 50% US tariff, reaching a Tuesday-evening agreement with Trump administration officials hours before a hike that would have affected $20bn worth of goods was set to take effect.

Donald Trump posted late on Tuesday on social media that he had paused the tariffs for three days “based on the fact that Canada and the USA, subject to the finalization of documents, have a DEAL!”

[L'article Donald Trump a annoncé une entente de principe avec le Canada sur les tarifs douaniers a d'abord été publié dans InfoBref.]

[L'article Churchill Falls: Québec et Terre-Neuve-et-Labrador vont faire une annonce cet après-midi  a d'abord été publié dans InfoBref.]

Canada's Prime Minister Mark Carney is expected to announce additional support for Ukraine during the G7 summit, CBC News reports on June 16, citing government sources.

Canada, which holds the G7 presidency in 2025, invited President Volodymyr Zelensky to participate in what will be his fourth — and arguably most fragile — G7 Leaders' Summit since the outbreak of the full-scale invasion in 2022. Carney is also expected to hold a one-on-one meeting with the Ukrainian president.

As part of Carney’s pledge to boost defense spending this year, Ottawa has allocated two billion Canadian dollars ($1.46 billion USD) for military aid to Ukraine and the expansion of broader defense partnerships. According to one source, the government is set to disclose on June 20 how much of that funding will be directed specifically to Ukraine and what it will support.

Canada has been a strong ally of Ukraine, providing 19.5 billion Canadian dollars ($13.5 billion) in assistance, including 4.5 billion Canadian dollars ($3.1 billion) in military aid.

Following their bilateral talks, G7 leaders will join outreach countries for discussions on Ukraine’s ongoing fight against Russia.

Meanwhile, European Commission President Ursula von der Leyen and European Council President Antonio Costa urged G7 nations to ramp up pressure on Moscow through tougher sanctions, arguing that it is key to securing a ceasefire in Russia’s war against Ukraine.

"To achieve peaceful strength we must put more pressure on Russia to secure a real ceasefire, to bring Russia to the negotiating table, and to end this war. Sanctions are critical to that end," von der Leyen said at a press briefing on June 15, attended by a Kyiv Independent journalist.

Von der Leyen emphasized that economic sanctions have been effective since the start of Russia’s full-scale invasion. She pointed out that joint G7 and European Union measures have reduced Russian oil and gas revenues by nearly 80% since February 2022.

"(T)he sanctions are working, and we will do more," she said.