“Canada – USA Tariff Wars”

We’re going to have a longer post about this later today, but Canada’s biggest chip in their trade negotiations was oil and gas. That’s no longer the case. The Venezuelan oil deal and its provisions were released by the White House yesterday, and well, our neighbors to the North have lost a lot of leverage.

Autos were at heart of the recent collapse of Canada-U.S. trade negotiations, and U.S. President Donald Trump’s threat to enact a 50-per-cent auto tariff in January makes it unlikely that we can maintain an integrated North American automotive market while he is around.

Mr. Trump has often proclaimed that Canada should not be producing any vehicles. On Sunday he posted on social media: “I don’t want Canadian cars, I don’t want Canadian parts, I don’t want Canadian anything.”

Mark Carney has rebuked Donald Trump’s administration and urged officials in Washington to “start being serious” amid escalating trade tensions between the US and Canada.

Days before Canada is due to retaliate against Trump’s sweeping tariffs with its own duties on US goods, the Canadian prime minister criticized US officials for insulting his country. “It is beneath their office,” he said.

“When the Americans stop doing memes, stop throwing shade, stop trying to be tough and start being serious about having those discussions, we can have those discussions” about trade, Carney said.

Canadian PM Mark Carney:

When the Americans stop doing memes, stop throwing shade, stop trying to be tough, and start being serious about having those discussions, we can have those discussions.

It’s not constructive, but that’s their democracy. pic.twitter.com/ndVutZNp33

— Clash Report (@clashreport) September 1, 2026

President Trump is disappointed with Canada.

And if President Trump ever says he’s disappointed with someone, that’s as bad as it gets.

h/t handy n handsome

CALGARY — US President Donald Trump said Sunday the United States will be using its newfound control over Venezuela’s crude oil to refill America’s depleted Strategic Petroleum Reserve.

In a Truth Social post, Trump said he would “fill up” the reserve because it had been “virtually emptied” during “Sleepy Joe Biden’s” tenure as president.

(Incognito)

Treasury Secretary Scott Bessent has developed a reputation for delivering the Trump administration’s message with an unusually eloquent, and frequently sarcastic, edge, and Canada was the latest target.

In a CNBC interview Monday, Bessent laughed off the idea that Ottawa could meaningfully pressure the United States as the two countries escalate their trade war. The exchange came just a week after Washington and Ottawa imposed 50 percent tariffs on one another following failed negotiations to come to a trade agreement the Trump administration found satisfactory.

🔥 LMFAO! Sec. Scott Bessent just DROPPED THE MIC on Canada. Brutal.

CNBC: Are we in a tit-for-tat trade war with Canada?

BESSENT: I don't think you can be in a tit-for-tat with someone who's 13 times larger than you.

CNBC: They say they're doing OK

BESSENT: What else are… pic.twitter.com/VbHATNopEA

— Eric Daugherty (@EricLDaugh) August 31, 2026

Canada's politicians went on American TV and got ROASTED 😂

It is important to understand as you watch this:

> Liberal politicians don't get asked hard questions by Canadian MSM.
> Both of them were part of the government that gave us a lost decade.
> Chrystia Freeland, who has… pic.twitter.com/u4iIiyXZd5

— Kirk Lubimov (@KirkLubimov) August 30, 2026

Having reportedly read Victor Hugo’s Les Misérables, in French, during a military tour of duty in Iraq, Jamieson Greer considered himself an unlikely target for accusations of francophobia.

But Donald Trump’s US trade representative, hitherto one of the president’s less high-profile cabinet members, found himself in that uncomfortable position amid the acrimonious collapse of bilateral trade talks with Canada that now threatens to degenerate into an all-out trade war between the two close trading partners whose economies are tightly intertwined.

An apparent pending deal between Washington and Ottawa aimed at avoiding damaging tit-for-tat tariffs broke down at the last minute, with Canada’s prime minister, Mark Carney, claiming his country had come “under attack” from the US.

An American corporate executive who married my Montreal cousin decades ago always insisted that Canada in time would be absorbed by the U.S. It was inevitable, he said. The most powerful nation in the world would be hungry for all our northern resources and Canada would be powerless to fight back.

If the negotiating terms the Trump team recently offered Canada is anything to go by, Trump would seem to hold a similar view today.

OTTAWA — Prime Minister Mark Carney says Canada is under attack, bombarded by U.S. tariffs and a trade partner that moves goalposts on a whim.

The federal government’s initial response was to offer short-term support payments for companies and workers hit by this latest round of American tariffs.