US trade deficit hits record – opposite effect
The US trade deficit surged to a new record in March, as importers rushed to stock up ahead of expected tariffs, writes WSJ.
The deficit increased by 14 percent on a monthly basis from February to March, to a new record level of $140.5 billion. This is the opposite effect of what Donald Trump is trying to achieve with his trade policy, the newspaper further writes.
The figure for April, which will be reported at the end of June, is expected to give a clearer picture of the effects that will come from Trump's tariffs.
The US trade deficit surged to a new record in March, as importers rushed to stock up ahead of expected tariffs, writes WSJ.
The deficit increased by 14 percent on a monthly basis from February to March, to a new record level of $140.5 billion. This is the opposite effect of what Donald Trump is trying to achieve with his trade policy, the newspaper further writes.
The figure for April, which will be reported at the end of June, is expected to give a clearer picture of the effects that will come from Trump's tariffs.
Trump's response to Canada not being for sale: "You should never say never"
US President Donald Trump meets with Canadian Prime Minister Mark Carney in Washington on Tuesday evening. The situation between Trump and Carney has been tense following Trump's tariffs and statements that Canada should become the 51st state of the United States.
- Canada will never be for sale, says Carney at the White House according to The Guardian.
Trump responds:
-You should never say never.
The leaders also maintained a friendly tone towards each other, with Trump promising that the United States "will be friends" with the neighboring country while Carney praised Trump's leadership.
US President Donald Trump meets with Canadian Prime Minister Mark Carney in Washington on Tuesday evening. The situation between Trump and Carney has been tense following Trump's tariffs and statements that Canada should become the 51st state of the United States.
- Canada will never be for sale, says Carney at the White House according to The Guardian.
Trump responds:
-You should never say never.
The leaders also maintained a friendly tone towards each other, with Trump promising that the United States "will be friends" with the neighboring country while Carney praised Trump's leadership.
Analysis: Carney spoke out - and came away unscathed
Canadian Prime Minister Mark Carney managed to leave the White House without having sold the province of Alberta to the United States or suffered too much of a blow. This is what The Independent's Holly Baxter writes after the meeting with Donald Trump.
The tone was mostly friendly when they jointly met the media. But Baxter points out that Trump still hasn't given up on the idea of Canada as the 51st state of the United States, and that he said "never say never" when Carney said Canada would never be for sale.
"You can be as nice as you want to Donald Trump, but he's still going to aim for your shins when you walk out the door," Baxter writes.
The BBC's Cai Pigliucci writes that Carney tried to charm Trump by pointing out that the president knows what it's like in the real estate industry, but that he also spoke out in a firm and clear manner. Trump seemed to take it well, she writes.
"The last time someone tried to go against Trump in the Oval Office, it didn't quite go as planned," she writes, referring to the row that broke out when Ukrainian President Volodymyr Zelenskyj was visiting in February.
Canadian Prime Minister Mark Carney managed to leave the White House without having sold the province of Alberta to the United States or suffered too much of a blow. This is what The Independent's Holly Baxter writes after the meeting with Donald Trump.
The tone was mostly friendly when they jointly met the media. But Baxter points out that Trump still hasn't given up on the idea of Canada as the 51st state of the United States, and that he said "never say never" when Carney said Canada would never be for sale.
"You can be as nice as you want to Donald Trump, but he's still going to aim for your shins when you walk out the door," Baxter writes.
The BBC's Cai Pigliucci writes that Carney tried to charm Trump by pointing out that the president knows what it's like in the real estate industry, but that he also spoke out in a firm and clear manner. Trump seemed to take it well, she writes.
"The last time someone tried to go against Trump in the Oval Office, it didn't quite go as planned," she writes, referring to the row that broke out when Ukrainian President Volodymyr Zelenskyj was visiting in February.
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