Tidbits, Tariffs & Trade Talks, Elections in Argentina, Iranian Tankers 10/26/25
- Wright team
- 43 minutes ago
- 5 min read
Tidbits
Tariffs & Trade: President Trump announced yesterday that he will increase tariffs on Canada by 10% after he accused the provincial government of Ontario of producing an ad campaign that misrepresented former President Reagan’s speech on tariffs.
The ad campaign, which aired during the World Series games in Toronto Friday evening, Trump said was aimed to influence the upcoming U.S. Supreme Court hearing on his administration’s tariffs. Ontario Premier Doug Ford agreed to pause the TV advertising campaign after the weekend World Series games.
Trump will make an appearance at the annual summit of the Association of Southeast Asian Nations which starts today in Kuala Lumpur, Malaysia where Trump will meet with Brazil’s President Lula. Lula will be asking Trump to drop the extra 50% tariff. Trump said he is open to reducing tariffs under the right circumstances.
Trump will then travel to Japan to meet Sanae Takaichi, the newly elected prime minister. Takaichi is expected to affirm plans by her predecessor to increase military spending and to make a $550 billion in Trump-directed investments in the U.S.
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