Its The Economy, Stupid - Economic & Business News From Around The World

[Fwiffo]

Judge puts temporary pause on Paramount-Warner merger

Twelve state attorneys general requested a temporary restraining order barring Paramount Skydance from closing the blockbuster deal.

www.nbcnews.com

Nothing the Supreme Court can’t sort out for you

 

[Fwiffo]

Trump to hit Canada with new 50% tariff

"U.S. President Donald Trump is moving to impose tariffs of 50 per cent on a wide range of Canadian exports, a dramatic ramping up of his trade war against his northern neighbour.

The 50 per cent rate is being imposed in response to what a senior administration official described as Canada's retaliation against U.S. trade policy and its discrimination against U.S. motor vehicles, dairy and alcohol.

While energy, potash, critical minerals and fish would be exempt, other products that until now have been allowed into the U.S. tariff-free under terms of the Canada-United States-Mexico Agreement (CUSMA) would be hit."

So that's the answer to free trade renewal? 50% tariff.