Trump threatens Canada with 50% tariff
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By Promit Mukherjee OTTAWA, Jan 30 (Reuters) - Canada's economic growth stalled in November as an expansion in services was offset by weakness in goods-producing industries, data showed on Friday, as Canada's economy slows down after almost a year of tariffs and trade uncertainty.
Donald Trump veered into an off-topic rant about Canadian hockey when he was asked about a different ally’s talks with China. The 79-year-old president told reporters that Canada’s national sport could be at risk when asked a perfectly ordinary question about a trip to Beijing by the British prime minister.
The US-Canada men's hockey Olympic rivalry, born a century ago, has produced plenty of teeth-clenching drama, but after political tension spilled onto the ice last year, the upcoming Winter Games showdown could serve up the fiercest clash yet.
The global television phenomenon is full of Canadian iconography and subsidized by Canadian taxpayers. On Thursday, it came home to celebrate.
Treasury Secretary Scott Bessent calls Canada's potential pivot to China trade "a disaster," directly challenging PM Mark Carney's recent economic stance.