ABE NEWS | TUESDAY, AUGUST 25, 2026 The trade confrontation between Canada and the United States has moved directly into one of the most important industries connecting the two economies. President Donald Trump is threatening to impose 50% tariffs on Canadian-made cars, trucks and automotive parts beginning January 1, 2027, dramatically escalating the dispute…
ABE NEWS | TUESDAY, AUGUST 25, 2026 | NEWS O’CLOCK For days, Washington had been promising what Treasury Secretary Scott Bessent described as an “economic D-Day” against Iran. Now the first major pieces of that campaign have arrived, and they reveal an American strategy that is both aggressive and surprisingly cautious. The United States…
ABE NEWS | SUNDAY, AUGUST 23, 2026 There is a narrow stretch of water between Iran and Oman that most people will never see. It is only about 33 kilometres wide at its narrowest point. Yet what happens there can influence how much families pay to fill their cars, how much airlines spend on…
ABE NEWS | SATURDAY, AUGUST 22, 2026 For three days, Canada and the United States appeared to be moving toward a trade agreement. By midnight, it was gone. After intense negotiations in Washington, the two countries failed to finalize a deal Friday night. At 12:01 a.m. Saturday, the United States imposed new 50% tariffs…
ABE NEWS | THURSDAY, AUGUST 20, 2026 America just crossed a number that is difficult to even imagine: $40 TRILLION. The U.S. national debt officially reached $40.047 trillion, according to the Treasury Department. Of that, about $32.3 trillion is debt held by the public, while another $7.8 trillion is held within government accounts. Forty…
ABE NEWS | WEDNESDAY, AUGUST 19, 2026 Canada went to bed Tuesday night facing a 50% tariff. It woke up Wednesday without one. Less than two hours before nearly $20 billion worth of Canadian imports were supposed to face new U.S. tariffs, President Donald Trump stopped the clock. But only for: THREE DAYS. Trump…
ABE NEWS | MONDAY, AUGUST 17, 2026 The weekend was supposed to help. Canadian negotiators stayed in Washington. Meetings continued. Officials kept talking. Sunday came. Another meeting happened. And now it’s Monday morning. There is still no deal. That matters because Canada and the United States are no longer negotiating against some distant deadline….
Canada and the United States have been talking almost every day. Ministers are meeting. Negotiators are working behind the scenes. Both governments say they want an agreement. But with only days remaining before a major tariff deadline, there is one uncomfortable problem: They still don’t have a deal. Canadian Trade Minister Dominic LeBlanc told…
THE ABE HOOK Americans haven’t stopped spending. But they may finally be getting more careful about where their money goes. After months of surprisingly strong consumer spending, July delivered a warning: retail sales fell much more than economists expected. And with gasoline back above $4 in parts of the country as the Middle East…
Canada and the United States are talking. But they still don’t have a deal. And with an August 19 tariff deadline getting closer, what looks like another disagreement between governments could soon become a much bigger issue for businesses, workers and consumers. Canadian officials are reportedly unhappy with Washington’s latest proposal to reduce tariffs, suggesting…
