Overview

• Trump and Prime Minister Mark Carney agreed at the G7 summit in Kananaskis to launch formal negotiations on a new bilateral trade agreement within 30 days.
• Five Canadian premiers met with governors from seven US states in Boston to coordinate state-level strategies addressing trade and tariff challenges.
• A 50 percent levy on Canadian steel and aluminum has disrupted supply chains and prompted reshoring efforts that threaten American manufacturing jobs.
• Cross-border travel and tourism have plunged, with Maine reporting a 26 percent drop and Vermont hotel reservations down 45 percent.
• Trump’s estimate that Canada’s participation in the US Golden Dome missile defense project would cost US$71 billion clashes with a poll showing 63 percent of Canadians oppose joining the shield.