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Discussions from BBC News

Economy

What are the possible impacts of the U.S.-Canada trade conflict on everyday people and businesses?

Trade talks between the U.S. and Canada fell apart late Friday night, and both sides said steep new tariffs will go into effect. Why it matters: It's an unprecedented breakdown in relations with the second-largest U.S. trading partner. Catch up quick: Trump last month threatened to invoke Section 338 of the Tariff Act of 1930 to hit a slew of Canadian goods with additional 50% duties, including alcohol, hockey equipment, cement and dairy products. No president has ever used Section 338 to impose tariffs since it became law in 1930.The tariffs were scheduled to take effect at 12:01 a.m. ET Wednesday. The administration carved out key Canadian exports, including energy, potash and critical minerals, from the new tariffs.On Tuesday, Trump postponed the tariffs for three days, saying the two sides had a deal. Driving the news: They did not. U.S. Trade Representative Jamieson Greer said late Friday that Canada had made last-minute demands that upset the pact, Bloomberg reported. Canadian Prime Minister Mark Carney, in a statement posted to X, alleged it was the U.S. that had made late changes to the terms, and said he had decided to suspend the negotiations. Friction point: "Canada will match those tariffs dollar for dollar to protect our workers and businesses," Carney wrote. The exact shape of that retaliation was not immediately clear. By the numbers: Trade between the two countries totaled $376 billion in the first half of the year, per Census data — double China and trailing only Mexico. The bottom line: After more than a year of threatening various stronger tariffs against Canada, the U.S. is making its most aggressive move yet to actually impose them

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Economy

What are the different ways we should think about the impact of the national debt on our country’s future?

The national debt exceeded $40 trillion for the first time in history, leading economists to warn that the United States is staring down a fiscal reckoning. The Treasury Department reported on Wednesday that the debt crossed the $40 trillion mark the day before. The government has been running budget deficits for years, and for the […]

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Geopolitics

What are the best ways to balance the needs of settlers and Palestinian families in the West Bank?

The Israeli military said Wednesday it would send more troops to try to impose order on defiant settlers after failing to end their blockade of Palestinians' homes in the occupied West Bank. The siege began on Sunday, when a group of settlers set up a makeshift tent near houses in the Palestinian village of Qusra, just south of Nablus, blocking essential supplies from entering

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