Canada

Donald Trump has abandoned escalating the trade war with Canada. In response, the province of Ontario has suspended electricity surcharges for US customers.

Military leaders from about 30 countries met in Paris at Macron's invitation. The aim of the meeting is to develop plans for the "coalition of the willing" to deter Russia from further invasion of Ukraine.

Donald Trump announced an increase in tariffs on Canadian steel and aluminum to 50% in response to Ontario's 25% increase in electricity rates. The US President also threatens to significantly raise tariffs on Canadian cars.

U. S. Secretary of State Marco Rubio refuses to sign the G7 communiqué that does not align with the U.S. position on negotiations. The U.S. insists on removing mentions of sanctions and the war of the Russian Federation in Ukraine from the document.

The US Secretary of State stated that the issue of easing sanctions against Russia has not yet been discussed. He emphasized the importance of European involvement in resolving the war and close cooperation with Britain and France.

The province of Ontario has increased electricity rates by 25% for three U. S. states in response to Trump's trade restrictions. The surcharge will be 10 Canadian dollars per megawatt-hour for Minnesota, Michigan, and New York.

Mark Carney accused the American administration of attempting to seize the country's resources. The newly elected leader of the Liberal Party promised to maintain tariffs on American goods.

Mark Carney, the newly elected leader of the Liberal Party of Canada, stated that tariffs on American goods will remain. He criticizes Trump's policies and promises to defend Canadian interests in the trade dispute.

Mark Carney has been elected as the new leader of the Liberal Party of Canada, receiving 85. 9% of the votes. He will replace Justin Trudeau as Prime Minister and will be the first head of government without significant political experience.

The US President postponed the increase in tariffs on products from Mexico and Canada until April 2, but warned of a possible increase. Trump stated that such measures are necessary to bring wealth back to America.

140,000 members of the Liberal Party of Canada are voting for a new party leader to replace Justin Trudeau as Prime Minister. Among the candidates are Mark Carney, Chrystia Freeland, Karina Gould, and Frank Baylis.

Canada will hold a G7 foreign ministers' meeting in Charlevoix from March 12 to 14. The agenda includes the situation in Ukraine, the Middle East, the Indo-Pacific region, America, and Africa.

The USA vetoed the proposal to create a special G7 group to monitor violations of sanctions against Russian oil tankers. Washington is also trying to soften the wording regarding Russia in the G7 joint statement.

NATO Secretary General Mark Rutte stated the need to increase European defense budgets above 3% of GDP. The Alliance requires an increase in the production of ammunition, ships, tanks, and other military equipment.

The President of the United States has signed an order to establish a White House working group to oversee preparations for the 2026 World Cup. According to the FIFA president, the tournament will create 200,000 jobs and bring in about $40 billion.

Donald Trump announced the possibility of imposing new tariffs against Canada in response to 250% tariffs on American dairy products and lumber. The US President accused Canada of years of "ripping off" the country.

Canada's Foreign Minister Mélanie Joly stated that U. S. tariffs are a pretext for the future annexation of the country. Joly denied accusations regarding border security and called the U.S. an exporter of illegal weapons and drugs.

The Canadian government is worried about Trump's statements regarding a possible annexation of the country and calling Trudeau the "governor. " The U.S. plans to review military cooperation and exclude Canada from the "Five Eyes" group.

Brent and WTI oil prices are showing the biggest weekly drop since October due to uncertainty in U. S. trade policy. OPEC+ plans to increase production by 138,000 barrels per day.

The U. S. Secretary of Commerce announced the possible exemption of Canadian and Mexican goods from tariffs under the USMCA. The delay will last for one month and will primarily affect automakers.

The President of Poland stated that the agreement on rare earth minerals between the USA and Ukraine will make it a strategic location for America. The USA will protect its interests in Ukraine, even without sending troops.

The President of Poland stated that a military contingent is not mandatory for monitoring the peace agreement. According to him, monitoring could be carried out by UN forces, which Russia may agree to.

Britain and France are initiating the creation of a "coalition of the willing" to support Ukraine after a possible peace agreement. About 20 countries, mostly European, have already shown interest in the initiative.

Due to the new 25% tariffs imposed by Trump, Canadian stores are halting the sale of alcohol from the U. S. In response, Canada has implemented its own tariffs on American goods worth 155 billion Canadian dollars.

Canadian Defence Minister Bill Blair stated the country's readiness to join the international peacekeeping contingent in Ukraine. The "Coalition of the Willing" is discussing the details of the mission and security guarantees.

Trump and Trudeau had a phone conversation regarding new mutual trade tariffs between the USA and Canada. Trump accused Trudeau of weak border policy and attempts to stay in power.

The Trump administration is considering a one-month delay of new automotive tariffs for Mexico and Canada. Shares of American automakers rose after this news: Stellantis by 8.1%, GM by 6%, Ford by 4.5%.

The leaders of the USA and Canada had a phone conversation after the USA imposed a 25% tariff. Trudeau announced retaliatory measures.

The President of the USA announced the implementation of mirror tariffs on imports from other countries starting April 2. Trump emphasized the unfairness of the current system, where the USA imposes lower tariffs than their trading partners.

Donald Trump promised to immediately raise tariffs in response to Canadian duties. Trudeau had previously announced a 25% tariff on American goods worth $155 billion.