September 7, 2026

06 Market

Canada Announces Major Retaliatory Measures Against the US– www.westernjournal.com

pgnewser August 28, 2026 0

Canada Announces Major Retaliatory Measures Against the US– www.westernjournal.com
News Source
EXCERPT:

Canada escalated its brewing trade conflict with the United States on Tuesday by issuing retaliatory tariffs that match America dollar for dollar, while also raising rates on steel products.

Minister of National Revenue of Canada François-Philippe Champagne announced the tariffs, saying, “Canada must respond, and today we are, in a proportionate, targeted, and strategic way. Today I’m announcing that Canada will match the United States’ tariffs, dollar for dollar, rate for rate.”

“Effective Sept. 8, Canada will impose counter-tariffs of up to 15, 25, or 50 percent on $27.6 billion in imports from the United States of America,” he added.

Canada’s Department of Finance said on its website that the tariffs will “focus on sectors such as steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics.”

Canada Announces Major Retaliatory Measures Against the US– www.westernjournal.com

pgnewser August 28, 2026 0

Canada Announces Major Retaliatory Measures Against the US– www.westernjournal.com
News Source
EXCERPT:

Canada escalated its brewing trade conflict with the United States on Tuesday by issuing retaliatory tariffs that match America dollar for dollar, while also raising rates on steel products.

Minister of National Revenue of Canada François-Philippe Champagne announced the tariffs, saying, “Canada must respond, and today we are, in a proportionate, targeted, and strategic way. Today I’m announcing that Canada will match the United States’ tariffs, dollar for dollar, rate for rate.”

“Effective Sept. 8, Canada will impose counter-tariffs of up to 15, 25, or 50 percent on $27.6 billion in imports from the United States of America,” he added.

Canada’s Department of Finance said on its website that the tariffs will “focus on sectors such as steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics.”

MAHA Inspires Artificial Color Removal from Major Cereals

pgnewser August 27, 2026 0

General Mills has announced all its cereals in the U.S. are now artificial-color-free. The company made the changes in response to HHS Secretary Robert Kennedy Jr.’s MAHA challenge to companies to replace artificial colors with natural alternatives.

US Breakfast Giant Removes Artificial Dyes From Cereals In MAHA-Friendly Move– dailycaller.com
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EXCERPT:

General Mills announced Wednesday that all of its cereals in the U.S. are now made without artificial colors.

The American food company said in a news release that with all of its U.S. cereals — including popular options like Lucky Charms and Trix — now being free of certified colors, 90% of its total retail portfolio in the nation has completed the transition. (RELATED: EXCLUSIVE: Americans Can Now See If Companies Are Actually Making Good On Food Dye Pledge)

“As the leader in cereal, General Mills is focused on giving people what they are looking for from the brands they know and love,” Bethany Quam, president of Big G Cereal at General Mills, said in a statement. “This achievement reflects how we are evolving with consumer needs while continuing to offer food that tastes great, delivers quality and provides value.”

General Mills also said it will launch more than twice as many new products “that align with evolving consumer nutrition preferences as it did just two years ago” during, such as products with more protein and fiber options, according to the press release. The company is currently on track to remove certified colors from its full U.S. retail portfolio by the end of 2027, per the announcement.

The announcement comes as many companies have begun phasing out artificial dyes in their food and beverage products in recent months. Nestlé announced in June that it has fully eliminated artificial colors from all of its food and beverage products in the U.S.

U.S Switches to Economic Warfare Against Iran

pgnewser August 27, 2026 0

The Strait of Hormuz appears to be mostly opened, but not fully safe. The Trump administration has ended all negotiations with Iran, demanding total surrender. The U.S. has switched to economic warfare against Iran, of a scale never seen before. They’ve warned their allies that any refusal to go along with the U.S. plan will result in them being removed from the U.S. dollar system.

DOJ Moves to Confiscate Iran Oil As Legal War Prize – RedState– redstate.com
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EXCERPT:

 

During the Revolutionary War and before, war at sea was fought with some very different presumptions. The crews of warships were often as not paid in part by prize money, money earned from the ships and cargoes they captured. This process was handled by something called a maritime prize court. These courts would adjudicate the legality of any ship and cargo seizures under existing maritime law; they could also order the sale of ships and cargoes, with the proceeds going to the ship’s company.

The recipients of prize money weren’t always regular navy forces, either. Governments, including the newly formed United States government, would, in those times, issue something called a letter of marque, authorizing privately owned warships to hunt enemy ships on the high seas; these ships and their companies were called privateers. And, yes, the unfortunate side effect of that was that some of the privateers, when the war they were authorized to help fight ended, turned to piracy.

Now, though, the Department of Justice may be reactivating the maritime prize courts, something the United States has not done since our Civil War.

The Justice Department is preparing to activate a long-dormant maritime war court to streamline military capture of Iranian oil tankers as US prizes, according to three people familiar with the plans.

Reviving prize courts, which is expected to face legal challenges, is intended to strengthen the blockade of Iran and offset the cost of the conflict.

Aaron Reitz, the Houston-based US attorney whose office is partnering with department headquarters on the initiative, confirmed DOJ is “now reviving” prize courts, which he described as an “ancient body of maritime law.”

The unfinalized plans, if adopted, would offer a faster path for federal prosecutors to claim oil and other cargo taken from enemy or neutral vessels as US property. The seized goods would then be sold with proceeds transferred to the treasury.

Meta’s plans to replace workers with AI fell flat, report says – Computerworld– www.computerworld.com

pgnewser August 27, 2026 0

Meta’s plans to replace workers with AI fell flat, report says – Computerworld– www.computerworld.com
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EXCERPT:

Earlier this year, Meta, one of the industry’s loudest AI advocates, was ready to slash up to 60% of the members of some teams and replace them with AI, as part of what it called Project OT (Organization Transformation), an initiative to make Meta “AI native.”

But it backed off at the last minute after internal data showed that the plan wasn’t working out, according to a Reuters investigation published Wednesday. For example, Reuters said, code changes made to the internal software platforms and infrastructure that employees used on the job were up 220% year-over-year, according to an early June post by Meta CTO Andrew Bosworth, yet changes that led to new or upgraded features reaching Meta users were only up 36%.

Meta executives also saw “’reliability warning signs’ caused by the AI coding surge,” according to an internal post, Reuters reported. “Another post, in April, said that unchecked AI agents were performing ‘large-scale, disruptive actions that humans are unlikely to execute.’ The result: Major technical and security incidents, such as service disruptions and possible data leaks, spiked 40% from the previous year, with the time staffers had to spend firefighting them up 70%.”

 

Australian Social Media Ban Flops Badly, as Teens Are Returning to TikTok ‘En Masse’ * The Gateway Pundit * by Paul Serran– www.thegatewaypundit.com

pgnewser August 27, 2026 0

Australian Social Media Ban Flops Badly, as Teens Are Returning to TikTok ‘En Masse’ * The Gateway Pundit * by Paul Serran– www.thegatewaypundit.com
News Source
EXCERPT:

Albanese’s tricks have misfired.

There’s perhaps no more pristine example of a Globalist leader than Australian Prime Minister Anthony Albanese: the guy checks all the boxes.

He is obsessed with Net-zero and Paris-aligned climate targets, of course.

During the COVID crisis, we saw him angling to cede health-policy control to an unelected international body – and in fact, he seems to want to give up sovereignty altogether in favor of a ‘UN-centric multilateralism’.

Albanese has maintained a sustained high level of migration, and is big on ‘identity politics’.

And then, we come to his online-control ideas, which, of course, center around the nefarious ‘Digital-ID’, and have, as a first experiment, his ‘groundbreaking’ under-16 social-media ban.

We all understand Albanese’s online plans to be nothing but attempts at back-door surveillance, and a revival of the rejected and dropped ‘misinformation laws’.

The good news is that the ban is turning out to be a total flop.

Business Insider reported:

“According to a report by parental-control tool company Qustodio, the Australian social media ban has been impressively ineffective.

[…] Some 26% of children between the ages of 13 and 15 were on TikTok as of last month, just one percentage point below the rate prior to Australia’s groundbreaking rules coming into effect, the parental control software maker said. The rate for children between the ages of 10 and 12 is higher now than before the ban, according to the data.

What Qustodio found across Instagram, TikTok, and Snapchat use, there was a distinct drop in use among 10-12 year olds and 13-15 year olds for a few weeks right when the ban started in December 2025. But after a few months, kids steadily got back on, nearing or matching pre-ban levels.”

Even Australia’s own eSafety commission found that ‘the amo

Buc-ee’s CEO Says He’s Prioritizing ‘Conservative, Business-Friendly’ States For New Locations– wltreport.com

pgnewser August 27, 2026 0

Buc-ee’s CEO Says He’s Prioritizing ‘Conservative, Business-Friendly’ States For New Locations– wltreport.com
News Source
EXCERPT:

Although customers are willing to drive for miles for the experience of visiting one of the popular chain’s locations, the CEO of Buc-ee’s says leftist officials aren’t always as welcoming.

That’s why, as the business faces pushback against legal action against other companies using similar logos, he now says the company will be far more selective about where new locations will be opening.

According to The Hill:

“We have a lot of opportunities. We’re growing. We’re building in a lot of places, but when you find a conservative, business-friendly state with a phenomenal workforce, it makes a difference,” CEO Arch Aplin III said in a video clip posted by Arkansas Gov. Sarah Huckabee Sanders (R).

“And I’m starting to realize life’s too short to try to build in places that people don’t appreciate what you’re bringing versus a place like this, where people do appreciate what you’re building,” Aplin continued.

Currently, the company has locations in Texas, Arizona, Alabama, Florida, Georgia, Kentucky, Mississippi, South Carolina and Tennessee. The franchise can also be found in Colorado, Missouri, Virginia and Ohio.

Its expansion has seen the company grow into a chain of giant travel centers and gas stations known for their clean restrooms, multiple fuel pumps and unique snack and merchandise selections.

His outspokenness received some social media attention:

While Jobs Were Lost, the Unemployment Rate Went Down

pgnewser August 26, 2026 0

The U.S. economy lost 23,000 jobs in July, but the unemployment rate went from 4.2% in June to 4.1% in July. Last month, 20,000 jobs were added. The labor participation rate hit 61.4%, which is the lowest this has been in five years.

US economy loses 23,000 jobs in July, unemployment rate falls to 4.1% – gulftoday.ae
News Source

EXCERPT:

The US economy unexpectedly lost 23,000 jobs in July, while the unemployment rate fell to 4.1%, compared with 4.2% in June.

The US Department of Labor’s Bureau of Labor Statistics said in its monthly report that nonfarm payrolls declined by 23,000 in July, compared with an increase of 20,000 jobs in June, falling short of the Dow Jones forecast for a gain of 83,000 jobs.

The unemployment rate fell to 4.1%, while the labour-force participation rate declined to 61.4%, its lowest level in more than five years.

Meta Secures a $16.7 Billion Child Addiction Lawsuit

pgnewser August 26, 2026 0

A Federal lawsuit against social media giant Meta has been settled. Meta has agreed to pay $16.7 billion in an agreement with multiple states Attorney Generals. California is one of the states, but Texas and other large states are not. The lawsuit charged Meta with facilitating childhood social media addiction.

California State AG Rob Bonta said of the settlement, “Today, we have secured a settlement with Meta that will make social media less dangerous for our kids and make a world of a difference for children and their families,” Bonta said in a statement. “Meta has agreed to make massive transformations that will reduce the risk of harm from its platforms — and will do it within months.”

Meta settles social media addiction case for $16.7 billion– www.cnbc.com
News Source

EXCERPT:

Meta and a coalition of state attorneys general have settled a major federal case centering on allegations that the social media giant misrepresented the extent of child-related mental health harms caused by apps like Facebook and Instagram.

The settlement was revealed in a court filing released Wednesday that details several requirements Meta must make to its apps as part of a proposed “consent judgement.”

Those changes include daily usage limits and “nighttime blocks” for teenagers that use the company’s apps like Facebook and Instagram, “enhanced age assurance measures” that would prevent children from using the apps, and the creation of additional tools for parents and guardians.

Canada Announces Major Retaliatory Measures Against the US– www.westernjournal.com

pgnewser August 26, 2026 0

Canada Announces Major Retaliatory Measures Against the US– www.westernjournal.com
News Source
EXCERPT:

Canada escalated its brewing trade conflict with the United States on Tuesday by issuing retaliatory tariffs that match America dollar for dollar, while also raising rates on steel products.

Minister of National Revenue of Canada François-Philippe Champagne announced the tariffs, saying, “Canada must respond, and today we are, in a proportionate, targeted, and strategic way. Today I’m announcing that Canada will match the United States’ tariffs, dollar for dollar, rate for rate.”

“Effective Sept. 8, Canada will impose counter-tariffs of up to 15, 25, or 50 percent on $27.6 billion in imports from the United States of America,” he added.

Canada’s Department of Finance said on its website that the tariffs will “focus on sectors such as steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics.”

U.S. says Canada among China’s ‘biggest enablers’ in avoiding Trump tariffs – National– globalnews.ca

pgnewser August 26, 2026 0

U.S. says Canada among China’s ‘biggest enablers’ in avoiding Trump tariffs – National– globalnews.ca
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EXCERPT:

A new White House trade report says the Trump administration considers Canada among China’s “biggest enablers” in avoiding U.S. tariffs through transshipment, a “modern form of smuggling” that the U.S. claims is costing billions in lost tax revenue.

The report released Thursday from the Office of Trade and Manufacturing Policy — titled “The Great Transshipment Scam” and featuring a timely image of a Trojan horse on the front page — accuses China of routing their exports through third countries with more favourable U.S. tariff rates.

An estimated 40 countries, including Canada, comprise a “shadow transshipment network” used by China, the report argues.

“In plain terms, illegal transshipment is smuggling disguised as trade — fraud cloaked in paperwork — and, in truth, nothing new,” the report says, adding what has changed is the “breadth, depth, and sophistication” of China’s network.

Paramount weighs moving CBS News out of NYC amid merger battle with AGs Letitia James, Rob Bonta: report | The Post Millennial– thepostmillennial.com

pgnewser August 26, 2026 0

Paramount weighs moving CBS News out of NYC amid merger battle with AGs Letitia James, Rob Bonta: report | The Post Millennial– thepostmillennial.com
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EXCERPT:

CBS News employs roughly 1200 people worldwide with a large portion based in the Big Apple.

Paramount CEO David Ellison is reportedly considering moving CBS News out of New York City as the company’s legal fight with its state attorney general over its proposed $110 billion acquisition of Warner Bros. Discovery heats up.

Sources close to Paramount told The New York Post that moving CBS would give Elison greater leverage against the California Attorney General led coalition of 12 states looking to block the merger.

CBS News employs roughly 1,200 people worldwide with a large portion based in the Big Apple. A massive relocation would no doubt have a major impact on jobs and the city’s media industry.

One media executive familiar with Paramount’s plans said Ellison could potentially move CBS News operations to Atlanta, where CNN is headquartered. The possible relocation is being considered as part of emergency plans if Paramount’s legal fight with state officials continues long past October.

The CBS Broadcast Center in Manhattan could also be sold for billions of dollars, according to a source close to the company.

Trump slaps new tariffs on drones, including from some key U.S. allies – National– globalnews.ca

pgnewser August 26, 2026 0

Trump slaps new tariffs on drones, including from some key U.S. allies – National– globalnews.ca
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EXCERPT:

U.S. President Donald Trump said on Thursday he will impose tariffs on imports of drones and their components, including from some key U.S. allies, with the Trump administration saying the country was “too reliant” on foreign sources of drones.

A proclamation signed by Trump imposes a 100% ad valorem tariff on drones of a certain size or with certain capabilities that are particularly sensitive for national security purposes, the White House said, adding that a tariff of 25% will be imposed on drones that are smaller in size.

A 15% tariff will be imposed on drones and components from the European Union, Japan, Liechtenstein, South Korea, Switzerland, and Taiwan, and a 10% ad valorem tariff will be imposed on drones from the UK, the White House added.

Trump has made tariffs a central pillar of his foreign and trade policies despite legal setbacks and criticism from some analysts.

White House Warns China and Dozens of Countries Are Stealing Billions with ‘Transshipment Scam’– slaynews.com

pgnewser August 26, 2026 0

White House Warns China and Dozens of Countries Are Stealing Billions with ‘Transshipment Scam’– slaynews.com
News Source
EXCERPT:

The White House is warning that China and dozens of other countries are using third-party nations to disguise the origin of exports and evade U.S. tariffs, costing the Treasury billions of dollars each year.

A new 25-page report from the White House Office of Trade and Manufacturing Policy identifies more than 40 countries as posing a high risk for tariff-avoiding transshipment.

Those nations include China, Mexico, Panama, Colombia, Brazil, Argentina, Chile, Peru, Costa Rica, and the Dominican Republic.

The report, titled “The Great Transshipment Scam,” says the practice allows exporters to route goods through intermediary countries before they enter the United States under a different declared country of origin.

White House Says China Built Global Transshipment Network

The report identifies China as the clearest historical example of the practice.

Bessent’s Quixotic Attempt to Strengthen the Yen | American Enterprise Institute– www.aei.org

pgnewser August 26, 2026 0

Bessent’s Quixotic Attempt to Strengthen the Yen | American Enterprise Institute– www.aei.org
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EXCERPT:

George Santanyana, the Spanish philosopher, famously said that those who cannot remember the past are condemned to repeat it.

When it comes to foreign currency intervention, it is surprising that of all people, Treasury Secretary Scott Bessent, a former hedge fund operator, seems to have forgotten the many earlier attempts at foreign exchange intervention that failed for want of being supported by fundamental economic policy change. This has induced Mr. Bessent to embark on a quixotic attempt to prop up the swooning Japanese yen with foreign exchange intervention without requiring that the Bank of Japan hikes interest rates or that the Japanese government addresses Japan’s public finance sustainability problem.

If there is one episode of failed foreign exchange intervention with which Mr. Bessent should be more than familiar, it is that in support of the pound sterling in 1992. In that year, the Bank of England failed to prevent a humiliating sterling devaluation despite massive foreign exchange intervention and then large interest rate hikes. After all, Mr. Bessent was a principal advisor to George Soros in his successful attempt to break the Bank of England on what came to be known as Black Wednesday.

Ottawa and Washington head for all-out trade war– www.cnbc.com

pgnewser August 26, 2026 0

Ottawa and Washington head for all-out trade war– www.cnbc.com
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EXCERPT:

The Canadian dollar fell on Monday morning after trade talks between Ottawa and Washington fell apart, leaving both sides facing higher prices on a wide array of imported goods.

The U.S. on Saturday slapped 50% tariffs on around $20 billion worth of imports from Canada, its second-biggest trading partner after Mexico. The affected goods span dairy, wine, wood products, ceramics and a slew of other areas.

Canadian Prime Minister Mark Carney said he would retaliate “dollar for dollar” with tariffs starting Sept. 8, targeting sectors such as steel, dairy, agricultural equipment, paper and electronics. Details will be released “in the coming days,” Carney added.

The Canadian dollar was 0.45% lower against the U.S. dollar at 6:10 a.m. ET. The loonie also dipped against the euro, British pound and Japanese yen.

“As a smaller, more open economy, Canada has more to lose from this, but Prime Minister Mark Carney seems to have opened the door to more fiscal stimulus to support affected business,” FX strategists at bank ING wrote in a Monday note.

China warns US of retaliation if Trump’s ‘Economic D-Day’ sanctions hit their Iran oil trade– timesofindia.indiatimes.com

pgnewser August 26, 2026 0

China warns US of retaliation if Trump’s ‘Economic D-Day’ sanctions hit their Iran oil trade– timesofindia.indiatimes.com
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EXCERPT:

China has warned the US that it could retaliate if Washington significantly expands secondary sanctions on Chinese companies doing business with Iran

China has warned that it could take retaliatory measures if the United States significantly expands secondary sanctions targeting Chinese companies doing business with Iran, according to reporting by the Financial Times.The warning came after the Trump administration on Monday announced new sanctions targeting companies in Hong Kong and mainland China as part of a broader crackdown on Iran’s oil trade. The measures, however, did not target major Chinese financial institutions, FT reported.A Chinese foreign ministry spokesperson said on Tuesday that Beijing would take “all necessary measures” to safeguard its rights and interests, while reiterating China’s opposition to what it described as unilateral sanctions lacking a basis in international law or United Nations Security Council authorisation.The spokesperson also called for de-escalation and a return to dialogue and negotiations.