Canadian Prime Minister Mark Carney said Wednesday that U.S. President Donald Trump’s auto tariffs are a “direct attack” on his country and that the trade war is hurting Americans, noting that American consumer confidence is at a multi-year low.
Trump said earlier Wednesday that he was placing 25% tariffs on auto imports and, to underscore his intention, he stated, “This is permanent.”
Other news we’re following today:
Administration stems fallout from Signal leak: The White House on Wednesday said the information shared through the publicly available Signal app with a journalist was not classified, an assertion that Democrats said strains credulity considering that it detailed plans for an upcoming attack on Yemen’s Houthis.Trump floats idea of reducing China tariffs for TikTok deal: Speaking to reporters on Wednesday, Trump said he would consider a reduction in tariffs on China if that country’s government approves a sale of TikTok’s operations in the United States. Trump said the move “sounds like something I’d do.”Applications reopne for student loan repayments: The Education Department reopened online applications Wednesday for income-driven repayment plans for student loan borrowers. The applications had been taken down in response to a February court ruling, which blocked the Biden administration’s SAVE plan and parts of other income-driven repayment plans.
