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Canada, Mexico, China prepare retaliatory trade measures as stocks skid

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President Donald Trump’s 25% tariffs on imported goods from Mexico and Canada took effect Tuesday, putting the U.S. on a collision course with its top trading partners as consumers worry about higher prices on a wide range of products.

Canada responded with plans to put 25% tariffs on nearly $100 billion of U.S. imports. Mexico said it would retaliate with moves to be announced Sunday.

The U.S. also put an additional 10% tariff on Chinese imports, adding to a duty imposed a month ago. China announced retaliatory tariffs on U.S. agricultural goods, and other measures against U.S. companies. China also filed a lawsuit with the World Trade Organization.

After posting losses Monday that nearly wiped out all the gains since Trump won the November 2024 election, stocks sunk further Tuesday morning as investors digested the latest trade news. The S&P fell 0.7% Tuesday morning. The Nasdaq dropped 0.6%. The Dow Jones shed 423 points, down about 1%.

Mexico President Claudia Sheinbaum said her country would respond with tariff and non-tariff measures on Sunday. She plans to announce the U.S. products Mexico will target during a public event in Mexico City.

“There is no motive or reason, nor justification that supports this decision that will affect our people and our nations,” Sheinbaum said. “Nobody wins with this decision.”

Canada’s Prime Minister Justin Trudeau also said the tariffs were unjustified.

“Let me be unequivocally clear – there is no justification for these actions,” he said.

Trump has said the tariffs will remain in place until Mexico and Canada tighten border security to stop the follow of people and drugs, particularly fentanyl, across the border. Drug trafficking and migration have remained intractable problems that all three countries have worked to address with little success in the past. At the same time, Trump has said tariffs will make the U.S. “rich as hell” and shift the tax burden from Americans to foreign countries.

Tariffs are taxes on imported goods paid by importers and often passed on to consumers when possible.

Trudeau noted that Canada has taken action to address those border issues.

“While less than 1 percent of the fentanyl intercepted at the U.S. border comes from Canada, we have worked relentlessly to address this scourge that affects Canadians and Americans alike,” the prime minister said in a statement. “We implemented a $1.3 billion border plan with new choppers, boots on the ground, more co-ordination, and increased resources to stop the flow of fentanyl. We appointed a Fentanyl Czar, listed transnational criminal cartels as terrorist organizations, launched the Joint Operational Intelligence Cell, and are establishing a Canada-U.S. Joint Strike Force on organized crime.”

He added: “Because of this work – in partnership with the United States – fentanyl seizures from Canada have dropped 97% between December 2024 and January 2025 to a near-zero low of 0.03 pounds seized by U.S. Customs and Border Protection.”

Trudeau said Canada will respond with 25% tariffs against $155 billion of American goods. Canada will start with tariffs on $30 billion worth of goods immediately, and tariffs on the remaining $125 billion on American products in 21 days.

“Our tariffs will remain in place until the U.S. trade action is withdrawn, and should U.S. tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures,” Trudeau said. “While we urge the U.S. administration to reconsider their tariffs, Canada remains firm in standing up for our economy, our jobs, our workers, and for a fair deal.”

Trudeau said the trade measures would raise prices on Americans at grocery stores, gas pumps and automobile dealerships.

The U.S. tariffs come after a 30-day pause that also jolted world markets. On Feb. 1, Trump ended decades of duty-free trade between the U.S., Mexico, and Canada with a 25% tariff on imported goods from the two countries, with a lower 10% tariff on Canadian energy resources. Trump said he’d keep the tariffs in place until the illegal fentanyl trade subsided. He also added a 10% tariff on imports from China over that country’s role in producing the chemicals needed to make fentanyl, a powerful opioid blamed for the majority of U.S. overdose deaths. Two days after hitting U.S. neighbors with tariffs, Trump relented after reaching 30-day deals with both Mexico and Canada.

The United States-Mexico-Canada Agreement, or USMCA, governs trade between the U.S. and its northern and southern neighbors. It went into force on July 1, 2020, and Trump signed the deal. That agreement continued to allow for duty-free trading between the three countries.

U.S. goods and services trade with USMCA totaled an estimated $1.8 trillion in 2022. Exports were $789.7 billion and imports were $974.3 billion. The U.S. goods and services trade deficit with USMCA was $184.6 billion in 2022, according to the Office of the United States Trade Representative.

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Critics Accuse YouTube of Dragging Out Return Process for Banned Channels

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A promise to let banned creators return rings hollow when only select ones get a second chance.

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YouTube is being criticized for what many see as backpedaling on its commitment to free speech, after pledging to restore banned accounts, only to continue removing new channels created by previously banned figures.

The initial assurance came in a letter dated September 23, 2025, addressed to House Judiciary Committee Chairman Jim Jordan.

In that communication, YouTube acknowledged its past enforcement actions, which included terminating channels over election-related and COVID-19 content under policies that have since changed. The company claimed that its current guidelines permit more room for such topics and asserted:

“Reflecting the Company’s commitment to free expression, YouTube will provide an opportunity for all creators to rejoin the platform if the Company terminated their channels for repeated violations of COVID-19 and elections integrity policies that are no longer in effect.”

The same day, YouTube posted a message on X describing a “limited pilot project” that would provide “a pathway back to YouTube for some terminated creators to set up a new channel.”

However, the platform immediately added that this option would only apply to a “subset” of creators.

The vagueness of the commitment raised suspicion, which intensified when two prominent figures, Infowars founder Alex Jones and “America First” host Nick Fuentes, launched new channels that were almost immediately taken down.

Cartoon purple monkey wearing a red cap holding a magnifying glass above the message "This page isn't available. Sorry about that. Try searching for something else." with the YouTube logo and a search bar below on a pale gray background.

On September 25, YouTube confirmed in a follow-up post that the pilot program wasn’t active yet and reiterated that users previously banned under its policies would have their new channels removed.

Screenshot of a tweet by verified Updates From YouTube (@UpdatesFromYT) stating that previously terminated creators trying to start new channels are still prohibited, the pilot program on terminations is not yet open, YouTube will terminate new channels from previously terminated users in accordance with Community Guidelines, and more details on a limited pilot program will be shared soon; posted Sep 25, 2025, 9:42 AM, 728.7K views.

This abrupt reversal drew widespread condemnation. Either YouTube is committed to backtracking on its mistakes or it’s not.

YouTube’s September 25 post was heavily ratioed, with users blasting the company for promoting a free speech revival while simultaneously doubling down on removals.

The disconnect between the public promise and its execution fueled accusations of insincerity.

While YouTube didn’t ban Jones and Fuentes under the now-defunct COVID or election integrity policies: Jones was booted in 2018 over what the platform labeled “hate speech,” and Fuentes was removed in 2020 for alleged violations of the same hate speech rule, many argue that the company’s overall stance still undermines the broader principle of open discourse.

By dragging out the reinstatement process and narrowing eligibility through an undefined pilot, YouTube is being accused of turning its supposed “commitment to free expression” into a hollow gesture.

The promise to Congress now appears to be less a genuine policy shift and more a tightly controlled PR maneuver.

Despite YouTube’s attempts to frame its evolving guidelines as a win for free speech, actions speak louder. Blocking even the chance to return, particularly after stating that creators could rejoin, reveals just how selective the platform remains in determining who gets to speak and who doesn’t.

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BC Ferries: Emails Change Everything- Committee to Haul In Freeland & Co.

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The Opposition with Dan Knight

Dan Knight's avatar Dan Knight

Freeland, Public Safety, Seaspan, Irving, Ontario yards and unions to appear as MPs probe what Ottawa knew and when.

In Ottawa they call it “arm’s-length.” Out in the real world, people call it duck-and-cover. At Meeting No. 6 of the House of Commons transport committee, MPs confronted a simple, damning timeline: Transport Canada’s top non-partisan official was warned six weeks before the public announcement that BC Ferries would award a four-ship contract to a Chinese state-owned yard. Yet the former transport minister, Chrystia Freeland, told Parliament she was “shocked.” Those two facts do not coexist in nature. One is true, or the other is not.

There’s an even bigger betrayal hiding in plain sight. In the last election, this Liberal government campaigned on a Canada-first message—jobs here, supply chains here, steel here. And then, when it actually mattered, they watched a billion-dollar ferry order sail to a PRC state yard with no Canadian-content requirement attached to the federal financing. So much for “Canada first.” Turns out it was “Canada… eventually,” after the press release.

Conservatives put the revelation on the record and asked the only question that matters in a democracy: what did the minister know and when did she know it? The documents they cite don’t suggest confusion; they suggest choreography—ministerial staff emailing the Prime Minister’s Office on how to manage the announcement rather than stop the deal that offshored Canadian work to a Chinese state firm.

Follow the money and it gets worse. A federal Crown lender—the Canada Infrastructure Bank—underwrote $1 billion for BC Ferries and attached no Canadian-content requirement to the financing. In plain English: taxpayers took the risk, Beijing got the jobs. The paper trail presented to MPs is smothered in black ink—hundreds of pages of redactions—with one stray breadcrumb: a partially visible BC Hydro analysis suggesting roughly half a billion dollars in B.C. terminal upgrades to make the “green” ferry plan work. You’re not supposed to see that. You almost didn’t.

How did the government side respond? With a jurisdictional shrug. We’re told, over and over, that BC Ferries is a provincial, arm’s-length corporation; the feds didn’t pick the yard, don’t run the procurement, and therefore shouldn’t be blamed. That line is convenient, and in a technical sense it’s tidy. But it wilts under heat. The federal lender is still federal. The money is still public. If “arm’s-length” means “no accountability,” it’s not a governance model—it’s a get-out-of-jail-free card.

The fallback argument is economic fatalism: no Canadian shipyards bid, we’re told; building here would have taken longer and cost “billions” more. Maybe that’s true, maybe it isn’t—but it’s the sort of claim that demands evidence, not condescension. Because the last time Canadians heard this script, the same political class promised that global supply chains were efficient, cheap and safe. Then reality happened. If domestic capacity is too weak to compete, that’s not an argument for outsourcing permanently; it’s an indictment of the people who let that capacity atrophy. And if you swear “Canada first” on the campaign trail, you don’t bankroll “China first” from the Treasury bench.

Even the process looked like a master class in delay. The committee repeatedly suspended to “circulate” and “review” lengthy motions, while edits ricocheted across the witness list. There were pushes to pare back which ministers would appear at all, and counter-moves to tuck sensitive testimony behind closed doors. In the end, members nudged toward a compromise—Public Safety in open session, other national-security witnesses in camera—but the pattern was unmistakable: every procedural minute spent on choreography was a minute not spent on the timeline.

And after all that stalling, here’s who they’re hauling in—because even Ottawa’s fog machine couldn’t hide the paper trail forever.

They moved to recall Chrystia Freeland herself—the minister who claimed to be “shocked” after her own department had a six-week head start. She’s the centerpiece witness, and rightly so.

On the security front, the Public Safety Minister is slated for an hour in public, followed by an hour with officials, while the national-security reviewers will give their evidence in camera—translation: the part you most want to hear will happen behind closed doors.

Industry voices are on deck too: Seaspan (the transcript garbles it as “C-Span”), Irving Shipbuilding, plus labour and trade heavyweights—the BC Ferries & Marine Workers’ Union, BC Building Trades, the BC Federation of Labour, the Shipyard General Workers Federation, and the Canadian steel producers—the people who can say, under oath, exactly what Ottawa knew and when the alarm bells rang.

They even tacked on Ontario shipyards via a “friendly amendment”—because apparently no one thought to ask central Canada’s yards until the story blew up.

And then the hedge: Liberals worked the amendments to pare back which ministers would face the lights—especially Revenue and Labour—prompting Conservatives to call the move “intolerable.” In other words, invite the easy witnesses, bury the consequential ones. The fight over those two remained live at that point.

So yes, the committee will finally hear from the people who matter—Freeland, Public Safety, shipyards, unions, steel. But notice the choreography: showcase the safe bits in public, tuck the sensitive parts out of view, and keep chipping away at the ministerial witness list. That’s not transparency; that’s stage management with a security badge.

Strip away the talking points and what remains are questions no serious government would duck. When did the minister learn the contract was going to China? What did her office tell the PMO and when? Why did a federal loan—the leverage Ottawa actually controls—carry zero requirement to build any of it here? And why are the documents that might answer those questions buried under redactions thick enough to pave a road?

Canadians are not children. They understand that ferries are essential and that delays are costly. They also understand something else: when a government runs on Canada first and then cheers from the dock as the jobs steam away, that’s not “arm’s-length.” That’s arm’s-length accountability—which is to say, none. Until the emails are unredacted and Chrystia Freeland answers the timeline under oath, the government’s position amounts to this: trust us, the money’s independent, the decisions were someone else’s, and the facts you’re not allowed to see fully vindicate us. Sure. And the check is in the mail.


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