Source: USA Today
Trump's new tariffs are projected to increase the year-over-year inflation rate by 0.9% in the US and pose a unique challenge for the homebuilding industry, which relies on Canadian materials.
As of July 20, 2026, President Donald Trump’s administration has announced a new round of tariffs imposing a steep 50% duty on a variety of Canadian imports. While the intention is to counter what the administration calls unfair Canadian trade practices, American consumers could soon face significant financial repercussions.
Edited By CURTIS YEE, MICHAEL WARREN, LUENA RODRIGUEZ-FEO VILEIRA and NELL CLARK
Here’s what we’re following:
The Odyssey, the latest cinematic mythological masterpiece from visionary director Christopher Nolan, has defied all expectations and stormed the box office with an astonishing $124.5 million opening weekend domestically and a staggering $264.1 million globally. In one night, it paid back its total production cost with a profit.
ASSOCIATED PRESS AGENCY By JOSH BOAK, Updated 3:27 PM PDT, July 20, 2026
WASHINGTON (AP) — President Donald Trump on Monday imposed 50% tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products. The move could unleash a new wave of economic chaos, with risks of higher inflation and further fraying of relations between two nations that had been closely woven together before Trump’s return to the White House. The administration official previewing the action said that Canada was one of the only nations other than China that retaliated against Trump’s previous tariffs and must be held accountable.
by Leonidas Vatikiotis | kommon.gr
19/07/2026
Leonidas Vatikiotis travels to Iran and records reality through a series of dispatches. This is the second article in the series. Read the first article here.
The U.S. Navy had the rare opportunity to learn some basic sailors' language on the morning of Tuesday, July 14. The Wall Street Journal described the incident. It began with a radio message broadcast on the frequency used by ships in the Strait of Hormuz, stating: “U.S. forces are prepared to ensure freedom of navigation and lawful commerce in accordance with international law. The southern transit route through the Strait remains open.”
It is the degradation of Ethics in the White House and Trump's insatiable greed that will likely become his Party's Doom in November. People and markets are observing a President who is monetizing every aspect of his control, prioritizing his family's interests over the welfare of Americans. This unprecedented behavior is contributing to his poor poll numbers.
Recent revelations that the Trump Media & Technology Group is offering high-paying clients expedited access to Donald Trump's posts on Truth Social raise significant ethical concerns around the intersection of politics, social media, and financial markets. For a hefty sum of $100,000 per month, traders and hedge funds can secure a direct line to the president’s communications, essentially paying for preferential treatment in accessing information that could influence market movements.
Summary: The asteroid that wiped out the dinosaurs was likely an exceptionally rare CO chondrite from a distant region of the solar system. Its unusual chemistry suggests that planet-cooling dust and debris, rather than sulfur inside the asteroid, may have delivered the deadliest blow.
After the US military confirmed that a service member had been killed in Iraq – the third in recent days – Donald Trump said the new attacks were ‘in honour’ of the dead
BY TIM REYNOLDS
