Donald Trump signs executive order hiking tariffs to 35% on some Canadian goods
A fact sheet issued by the White House confirms that tariffs on Canadian goods that don't comply with the Canada-U.S.-Mexico Agreement (CUSMA) will jump from 25 per cent to the 35 per cent Trump threatened to impose earlier in July, if Canada failed to take further action on halting the flow of fentanyl across the border.
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Global News
16 minutes ago
- Global News
Trump threatens 100% tariff on semiconductors, chips coming into U.S.
U.S. President Donald Trump said Wednesday that he will impose a 100% tariff on computer chips, likely raising the cost of electronics, autos, household appliances and other goods deemed essential for the digital age. 'We'll be putting a tariff of approximately 100% on chips and semiconductors,' Trump said in the Oval Office while meeting with Apple CEO Tim Cook. 'But if you're building in the United States of America, there's no charge.' The Republican president said companies that make computer chips in the U.S. would be spared the import tax. During the COVID-19 pandemic, a shortage of computer chips increased the price of autos and contributed to an overall uptick in inflation. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy Inquiries sent to chip makers Nvidia and Intel were not immediately answered. Demand for computer chips has been climbing worldwide, with sales increasing 19.6% in the year-ended in June, according to the World Semiconductor Trade Statistics organization. Story continues below advertisement Trump's tariff threats mark a significant break from existing plans to revive computer chip production in the United States. He is choosing an approach that favors the proverbial stick over carrots in order to incentivize more production. Essentially, the president is betting that higher chip costs would force most companies to open factories domestically, despite the risk that tariffs could squeeze corporate profits and push up prices for mobile phones, TVs and refrigerators. By contrast, the bipartisan CHIPS and Science Act signed into law in 2022 by then-President Joe Biden provided more than $50 billion to support new computer chip plants, fund research and train workers for the industry. The mix of funding support, tax credits and other financial incentives were meant to draw in private investment, a strategy that Trump has vocally opposed.
Toronto Sun
16 minutes ago
- Toronto Sun
70% of parents, grandparents chipping in for kids' education costs: Poll
Grandparents are being subjected to emotional blackmail by adult daughters. Photo by file photo / Getty Images Most parents and grandparents are filling the gap when it comes to financing education costs, says a study. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account With youth unemployment now at 14.2%, many young Canadians are facing what economists are calling a 'youth-cession' — a stalled labour market, slowing wage growth, and limited access to financial stability. The study — by Bloom Finance, done with Angus Reid — found 70% of Canadian parents and grandparents with school-aged children are now financially supporting their education. Bloom's 2025 Multigenerational Education Support Report also reported 57% of parents and 76% of grandparents say they have children or grandchildren in education programs. Other findings, include: — 54% of Canadians with children or grandchildren are providing up to $5,000 and 16% are contributing over $5,000. — Of those providing support, 46% say it's impacted other financial obligations, including 39% who say it's affected their retirement planning. — 28% expect to provide even more financial support this year, while 45% expect to contribute about the same as before. Conducted online July 29-31 with 1,510 adult Canadians, a probability sample of this size carries a margin of error of 2.53%, 19 times out of 20. Editorial Cartoons World Celebrity Wrestling Columnists
Toronto Sun
16 minutes ago
- Toronto Sun
MCCAUGHEY: Scaring and bullying Jewish schoolkids on ballot this November
Democratic nominee for New York City mayor, Zohran Mamdani, speaks at the United Federation of Teachers headquarters for an endorsement event in New York City. 'From the river to the sea' is shorthand for the obliteration of Israel. It's a phrase meant to terrorize. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Here in the U.S., from the Hudson River to the Pacific Ocean, antisemitism is surging in public schools. The administration of President Donald Trump, which is cracking down on the abuse of Jewish students on college campuses, also needs to turn its attention to the public schools. And people of all faiths need to object. Jews shouldn't have to fight this battle alone. In New York City, antisemitic graffiti, bullying, anti-Jewish slurs and pro-Hamas propaganda are tolerated in public schools, according to the Brandeis Center, a human rights organization. In Baltimore, Jewish students 'have had to isolate themselves, drop classes, eat lunch alone and hide their Jewish identities to avoid harassment,' including from one teacher who repeatedly threatened to go 'all Nazi,' according to a civil rights complaint submitted to the U.S. Department of Education on July 22. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. California State Assembly member Rebecca Bauer-Kahan said through tears that 'students are being taught to hate my children … because they're Jewish.' Most troubling, rank-and-file public school teachers across the nation are on board with antisemitism. Last month, members of the nation's largest teachers' union, the National Education Association, voted to redefine the Holocaust, erasing any mention of the extermination of six million Jews. The woke definition, included in the NEA handbook, recognizes 'the more than 12 million victims' from 'different faiths, ethnicities, races, political beliefs, genders, and gender identification, abilities/disabilities, and other targeted characteristics.' This is a hateful falsehood. This advertisement has not loaded yet, but your article continues below. NEA members also voted to educate the public about the Nakba: The 'forced, violent displacement and dispossession of at least 750,000 Palestinians from their homeland in 1948 during the establishment of the state of Israel,' as the union puts it. The handbook has since been removed from the NEA website in response to criticism from Jewish groups. But this is what a majority of NEA members — teachers in public schools — voted for. A generation of college students indoctrinated in antisemitism has brought the same hate to the public schools where they teach. You can also thank the teachers' unions. In NYC, the powerful United Federation of Teachers endorsed mayoral candidate Zohran Mamdani on July 8, citing his willingness to cede mayoral control of the schools 'to give more say to educators and parents.' Cross out 'parents.' It will be a union takeover. Period. This advertisement has not loaded yet, but your article continues below. New York State United Teachers, the statewide parent union for the UFT, already has a tight grip on school boards across the state, fielding candidates for most boards and winning 91% of the time. NYSUT is intent on making schools left-wing propaganda machines, the religious teachings of parents be damned. On June 26, the U.S. Supreme Court ruled that parents have a right to opt their elementary school-aged children out of instruction that violates their religious teachings. The case involved LGBTQ+ themes that Muslim, Catholic and Ukrainian Orthodox parents didn't want taught to their children. But the significance of the ruling goes beyond LGBTQ+. If Jewish parents in New York object to their children hearing a woke rewriting of the Holocaust or a view of Palestine that vilifies Jews, will they be able to opt their children out? This advertisement has not loaded yet, but your article continues below. No. They'll be in for a fight, according to NYSUT. On July 28, the union issued a response to the court, saying it applied 'to a single school district' and that 'educators and school leaders are best positioned to select materials.' Parents with religious scruples can take a hike. Mamdani has expressed almost no interest in education policy, aside from attacking specialized high schools, even though more money is consumed by the Department of Education than by any other city agency. RECOMMENDED VIDEO Indifferent to what education means to parents striving for their children's futures, Mamdani has cynically suggested that Jamaal Bowman, the scandal-scarred former congressman, be considered to lead Gotham's public school system, the largest in America, as NYC schools chancellor. This advertisement has not loaded yet, but your article continues below. Read More Even members of his party are unimpressed. New York State Democratic Committee Chairman Jay Jacobs commented in March that Bowman should promote 'the economic interests of working-class Americans instead of continuing his antisemitic, pro-terrorist advocacy.' Don't count on Bowman or Mamdani to heed that advice. It's time for New Yorkers and Americans everywhere to oppose the Jew-hating in our public schools. First, the Jews are targeted, then Catholics and, before long, America isn't America anymore. – Betsy McCaughey is a former Lt. Governor of New York State and founder of SAVENYC World Celebrity Wrestling Columnists Golf
