







Duties on U.S. steel and aluminum products have doubled to 50% as a war of words between Washington and Ottawa continues.
U.S. and Canada fall deeper into a trade war with new tariffs as talks collapse and blame is spread
President Donald Trump’s import taxes will hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors.

Canadian Prime Minister Mark Carney calls new U.S. tariffs ‘a miscalculation’ after trade talks collapse
The U.S. import taxes will apply to hockey sticks, building materials, liquors and certain kinds of clothing. Carney said “Canada will match those tariffs dollar for dollar.”

Move fast and break kings
There is another policy response to tariffs, one that will substantially lower prices for Canadians, while incubating profitable, export-oriented Canadian tech firms, whose products can be sold by community-based small and medium enterprises, to the benefit of the Canadian news and culture industry, Canadian software firms, and Canadian consumers.

Trump’s tariffs: Disregarding lessons from history and scenarios and probable outcomes
History is full of evidence that tariffs harm economic performance. This column assesses the two waves of globalisation in modern history and how they were interrupted by barriers to trade. The first wave started in the mid-19th century and lasted until WWI, while the second wave started after WWII and lasted until the Global Crisis of 2008-09. The most likely scenario going forward will feature tariffs around 12-14% on average, a mild recession, and a small hit to US longer-run potential. However, achieving diplomatic normalcy may take years of good US behaviour, and it is unlikely during the Trump administration.

Why higher tariffs won’t shrink the trade deficit
In President Donald Trump’s executive order calling for reciprocal tariffs, he said that their main purpose is to reduce the US trade deficit. Economists have long argued that tariffs have no effect on trade balances.
Le très mauvais excédent de mille milliards de dollars de la Chine
traduction française du billet de blog "China’s very bad, no good trillion-dollar trade surplus" de Paul Krugman

Une note sur les déficits commerciaux et l’industrie
Traduction française du billet de blog "A note on trade deficits and manufacturing. Some perspective on the eve of trade war" de Paul Krugman

America's been arguing over trade for more than 250 years
As the United States marks the 250th anniversary of declaring its independence from Britain, Americans continue a tradition begun even longer ago: debating trade and tariffs. In recent years, disagreements over the US role in the world economy have grown particularly intense amid rising geopolitical tensions. A brief look at history offers an opportunity to reflect on the importance of international trade to the US economy over time.
Pluralistic: How Canada can help Americans and defeat America (23 Aug 2026) – Pluralistic: Daily links from Cory Doctorow
As Canada is learning (the hard way), the "art" of all of Trump's deals can be summed up in a single word: "renege":
Gander: The Social Media You Want, Built for Canada
427 votes, 81 comments. 372K subscribers in the BuyCanadian community. Welcome to r/BuyCanadian! Come on in and share your favorite hidden gems, major Canadian chains, and local goodies. Help fellow Canadians find Canadian alternatives to imported goods—and maybe discover something new yourself! This subreddit is about supporting Canadian businesses, not boycotting U.S. products or debating politics. We're here to highlight what Canada has to offer, not to argue about trade wars or nationalism. Check out our sidebar and guidelines to learn more.
Ce sont les consommateurs américains, non les étrangers, qui payent les droits de douane de Trump
traduction française du billet de blog "How goes the trade war? Consumers, not foreigners, are paying the Trump tariffs" de Paul Krugman

America Doesn’t Need to Invade Canada. It Has Our Data | The Walrus
From cloud servers to AI patents, digital dependence is becoming a new form of power


Strategic interdependence is rewiring the global economy
It is no longer sufficient for the US-China trade relationship to be driven solely by cost and efficiency

The Weaponized World Economy
When Washington announced a “framework deal” with China in June, it marked a silent shifting of gears in the global political economy. This was not the beginning of U.S. President Donald Trump’s imagined epoch of “liberation” under unilateral American greatness or a return to the Biden administration’s dream of managed great-power rivalry. Instead, it was the true opening of the age of weaponized interdependence, in which the United States is discovering what it is like to have others do unto it as it has eagerly done unto others.

Ambitious Canada Part 8: Mega Projects
Do you believe that Canada is facing an existential crisis? The answer to this question determines the kind of actions we, as a nation, take going forward. History has examples of nations that faced existential threats and responded by aligning their government and private sectors to achieve the imp