Part 6/7:
Freeland's resignation reflects the strain Trump's tariff threats have placed on Canadian politics, as Trudeau attempts to navigate these complex trade issues while managing his government's declining approval ratings amidst a cost-of-living crisis. The potential for a tariff war raises concerns for both Canadian and American citizens, further complicating diplomatic relations.
Market Reactions and European Trends
On the global front, European markets opened lower as investors brace for forthcoming actions from central banks regarding interest rates. Economic forecasts for France are pessimistic, demonstrated by a downgrade from the French Central Bank, while Germany faces its own challenges with political instability marked by a no-confidence vote against Chancellor Olaf Scholz.