Trending News:Montana authorities searching for suspect after 4 killed in bar shootingTrump Fires BLS Commissioner After Disappointing Jobs ReportTrump Orders Nuclear Submarines in Response to Medvedev’s Threats Over Ukraine UltimatumDow Jones tumbles more than 600 points as weak jobs dataSwitzerland’s tariff shock: The 39% U.S. hit no one saw comingEuropean stocks pull backS&P 500 and Nasdaq hit record highs on big gains from Meta and MicrosoftRolls-Royce shares soar 10% on bumper profit and salesGerman inflation dips to cooler-than-expected 1.8% in JulyS&P 500 closes lower, Dow drops more than 150 points as Powell signals Fed isn’t ready to cut ratesThe European market rises slightly thanks to corporate earningsTrump announces 25% tariff on India plus ‘penalty’ for trade with RussiaWhat we know about the deadly Manhattan office shootingStock futures inch higher after S&P 500 ekes out another closing recordEuropean markets buoyed by earningsShares of Novo Nordisk plunge 15% after Wegovy-maker cuts full-year guidancePhilips shares up 10% as health tech giant flags reduced U.S. tariff impactS&P 500 is little changed after U.S.-EU trade deal as traders brace for big market week aheadTrump: Global baseline tariff will likely be 15% to 20%Trump gives Russia less than two weeks to reach peace deal with UkraineTrump says U.S. has reached trade deal with European Union2 people found dead along Arkansas hiking trail in a suspected homicide3 adults seriously injured in crash on I-380 in PennsylvaniaLAPD pursuit ends after another driver collides with officerOne person hospitalized in shooting involving Madison Heights policeBooz Allen Hamilton shares pop following latest earnings beatWall Street remains lukewarm on Intel after second-quarter earnings reportAutoNation shares rise after earnings and revenue beatPuma shares plunge 17% after full-year sales, profit outlook cut on U.S. tariffsTrump’s Scotland Visit to Refine U.S.-U.K. Trade Deal and Strengthen TiesAsia-Pacific stocks fall as investors weigh recent trade developmentsDeutsche Bank shares gain 9% after second-quarter profit beatUnitedhealth shares fall after it reveals DOJ Medicare billing probeS&P 500 experiencing longest quiet streak in monthsNasdaq, S&P 500 hit fresh records after strong Alphabet earningsExisting home sales slid 2.7% in June, more than expectedUBS sees Berkshire Hathaway rallying more than 20% from here42 stocks in the S&P 500 trade at new 52-week highsDow Jones jumps 500 points, S&P 500 closes at another record on Trump trade deal optimismTrump shifts gears to EU after striking Japan dealLockheed Martin hits new 52-week low following earnings missS&P 500 ekes out another record close Tuesday as traders react to latest earningsEuropean stocks declined for the third day in a row as investors digested earningsS&P 500 High Beta hits new intraday all-time highS&P 500, Nasdaq hit record highs as traders await big tech earnings, eye trade developmentsEuropean stocks mixed amid tariff uncertainty; 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Trending News:Montana authorities searching for suspect after 4 killed in bar shootingTrump Fires BLS Commissioner After Disappointing Jobs ReportTrump Orders Nuclear Submarines in Response to Medvedev’s Threats Over Ukraine UltimatumDow Jones tumbles more than 600 points as weak jobs dataSwitzerland’s tariff shock: The 39% U.S. hit no one saw comingEuropean stocks pull backS&P 500 and Nasdaq hit record highs on big gains from Meta and MicrosoftRolls-Royce shares soar 10% on bumper profit and salesGerman inflation dips to cooler-than-expected 1.8% in JulyS&P 500 closes lower, Dow drops more than 150 points as Powell signals Fed isn’t ready to cut ratesThe European market rises slightly thanks to corporate earningsTrump announces 25% tariff on India plus ‘penalty’ for trade with RussiaWhat we know about the deadly Manhattan office shootingStock futures inch higher after S&P 500 ekes out another closing recordEuropean markets buoyed by earningsShares of Novo Nordisk plunge 15% after Wegovy-maker cuts full-year guidancePhilips shares up 10% as health tech giant flags reduced U.S. tariff impactS&P 500 is little changed after U.S.-EU trade deal as traders brace for big market week aheadTrump: Global baseline tariff will likely be 15% to 20%Trump gives Russia less than two weeks to reach peace deal with UkraineTrump says U.S. has reached trade deal with European Union2 people found dead along Arkansas hiking trail in a suspected homicide3 adults seriously injured in crash on I-380 in PennsylvaniaLAPD pursuit ends after another driver collides with officerOne person hospitalized in shooting involving Madison Heights policeBooz Allen Hamilton shares pop following latest earnings beatWall Street remains lukewarm on Intel after second-quarter earnings reportAutoNation shares rise after earnings and revenue beatPuma shares plunge 17% after full-year sales, profit outlook cut on U.S. tariffsTrump’s Scotland Visit to Refine U.S.-U.K. Trade Deal and Strengthen TiesAsia-Pacific stocks fall as investors weigh recent trade developmentsDeutsche Bank shares gain 9% after second-quarter profit beatUnitedhealth shares fall after it reveals DOJ Medicare billing probeS&P 500 experiencing longest quiet streak in monthsNasdaq, S&P 500 hit fresh records after strong Alphabet earningsExisting home sales slid 2.7% in June, more than expectedUBS sees Berkshire Hathaway rallying more than 20% from here42 stocks in the S&P 500 trade at new 52-week highsDow Jones jumps 500 points, S&P 500 closes at another record on Trump trade deal optimismTrump shifts gears to EU after striking Japan dealLockheed Martin hits new 52-week low following earnings missS&P 500 ekes out another record close Tuesday as traders react to latest earningsEuropean stocks declined for the third day in a row as investors digested earningsS&P 500 High Beta hits new intraday all-time highS&P 500, Nasdaq hit record highs as traders await big tech earnings, eye trade developmentsEuropean stocks mixed amid tariff uncertainty; Ryanair profits soar 128%U.S. plays hardball on tariffs deadline as EU battles for a dealMicrosoft hit with SharePoint attack — one version still vulnerableMotorcyclist killed in crash on Pratt StreetUS post office in San Jose catches fire after vehicle crashes into buildingScottie Scheffler wins first British Open1 dead, 2 missing after being swept down Oregon waterfallVehicle plows into Los Angeles crowd, injuring 30 peopleTrump Sues Rupert Murdoch and Wall Street Journal for $10 Billion Over Epstein Letter ClaimBlock shares soar 10% on entry into S&P 500S&P 500 rises to new closing record, boosted by solid earnings and U.S. economic dataIsrael’s stock market outperforms Middle East counterparts despite multi-front warsSarepta shares plunge 40% as future of its gene therapy appears at riskSpace Sector Gears Up for Earnings Season and Investment BoomAsia markets close off Friday mixedAustralian stocks hit record high amid mixed trading in Asia-Pacific marketsEuropean shares close lower despite earnings beatsFrench strikes and fuel costs bite into EasyJet profits, sending shares lowerNovartis beats profit expectations and announces $10 billion share buybackEurope markets close higher after raft of earnings reportsS&P 500 falls into the red as Trump moves closer toward firing Fed Chair PowellGoldman Sachs earnings beat expectations thanks to strong trading revenueASML shares drop 6.5% after the chip giant says it can’t confirm that it will grow in 2026Bank of America Reports Mixed Q2 Results: Earnings Beat, Revenue MissesJohnson & Johnson shares rise after earnings beatDow falls 300 points, S&P 500 hits fresh record above 6,300 as Nvidia shares riseTrump threatens 100% tariffs on Russian export buyers if no Ukraine peace deal by SeptemberAlibaba-backed Moonshot’s new Kimi AI model beats ChatGPT, Claude in codingEUROPE: Tech stocks pick upEurope: B&M shares drop 7.1%Barratt Redrow shares shed 8%Europe: The FTSE 100 breaks the 9,000-point barrier to set a new record highU.S. Stocks edge higher as traders bet on lower tariffs before Aug. 1Bitcoin surpasses $120,000 to record highsAsia-Pacific markets trade mixed as investors assess Trump’s latest tariff threatsEuropean markets head south after Trump slaps 30% tariff on EUMulti-vehicle crash on Highway 80 in Fairfield injures 7Martian meteorite expected to sell for millions at auctionAccused Russian assassins killed after Ukraine colonel gunned downSecret Service denied requests to bolster Trump’s security, report saysChicago weekend shootings leave 1 dead, 5 hurt, police say1 dead, 1 in custody after Dearborn family shooting, police sayDriver killed, woman injured in high-speed crash on Highway 12 near American CanyonTrump announces 30% tariffs against Mexico, EU to begin on Aug. 1AMC shares pop 7% after Wedbush upgradeTrump announces 35% tariff on Canada, stocks fallBitcoin extends record to top $118,000Dow futures drop 200 points, S&P set to retreat from record as Trump escalates trade battlesEuropean stocks tumble with EU tariff letter expected from White HouseEuropean stocks head for fourth daily gain as investors brush off tariff uncertaintyMetals & mining ETF hits highest level since 2011Bitcoin rises to fresh record above $112,000Trump hits Brazil with 50% tariff, citing Bolsonaro trial and ‘unfair’ tradeDelta shares jump after airline reinstates profit outlookMP Materials surges 41% after Pentagon announces it will become largest shareholder
preCharge News POLITICS — Canadian Prime Minister Mark Carney issued a sharp rebuke to President Donald Trump’s revived proposal to incorporate Canada into the United States as its 51st state, flatly rejecting the idea during a tense but cordial meeting in the Oval Office.
“There are some places that are never for sale,” Carney said directly to Trump, adding moments later: “Canada is not for sale—and won’t be for sale ever.”
Trump, never one to shy from provocation, replied with a smirk:
“Never say never.”
President Donald Trump meets Canadian Prime Minister Mark Carney in the Oval Office of the White House in Washington. (Evan Vucci AP)
The exchange came during Carney’s first official visit to the White House as prime minister, and highlighted a deepening ideological rift between the U.S. and its northern neighbor, one worsened by Trump’s economic nationalism and political expansionism.
Trump Tests Boundaries—And Alliances
Trump’s renewed suggestion that Canada should join the U.S. as a state drew swift condemnation from Canadian officials and rekindled memories of his combative relationship with former Prime Minister Justin Trudeau. Carney, a centrist and former central banker, was elected just last week, in a vote many interpreted as a rejection of Trump’s interference in Canadian affairs.
In public remarks before their bilateral meeting, Carney doubled down.
“Respectfully, Canadians’ view on this is not going to change on the 51st state,” he said.
Trump post on Truth Social.
The brief confrontation came amid broader frustrations over trade. Trump, speaking to reporters and in multiple posts on his Truth Social platform, accused Canada of taking advantage of American taxpayers.
“I cannot understand why we are subsidizing Canada by $200 billion a year, in addition to giving them FREE military protection,” Trump posted hours before the meeting. “They need EVERYTHING from us. We don’t need ANYTHING they have, other than their friendship.”
Carney Pushes Back on Economic Claims
Carney, measured in tone but firm in message, resisted Trump’s economic pressure, instead framing Canada’s position as both economically vital and sovereign.
Behind the scenes, Trump aides have privately admitted the $200 billion figure includes military spending and a combined estimate of defense commitments and trade deficits. According to the U.S. Trade Representative’s Office, the actual trade deficit with Canada stood at $63.3 billion last year, with more than $400 billion in Canadian goods imported to the U.S.
Despite Trump’s rhetoric, Carney struck a more diplomatic tone—while still defending Canada’s interests.
Tariffs Bite as Trade Relationship Sours
Since returning to the White House in January, Trump has escalated his use of tariffs—particularly on Canadian energy, lumber, and automotive goods. Those actions have triggered a sharp decline in Canadian exports to the U.S., with March figures showing a 6.6% drop. Meanwhile, exports to other countries soared by nearly 25%, according to Statistics Canada.
“They’ve been feeding off of us for decades,” U.S. Commerce Secretary Howard Lutnick said in an interview with Fox Business, describing Canada’s social programs as “leeching” off American prosperity.
The rhetoric from Trump’s team has pushed Canada to look elsewhere for trade. Carney’s aides said the prime minister plans to deepen ties with Europe and Asia if U.S. relations remain rocky.
Political Fallout and Rising Canadian Pride
Trump’s comments—especially those on absorbing Canada—have backfired politically north of the border. Carney’s victory last week came as a surprise after months of trailing in polls. Analysts say Trump’s harsh tone helped galvanize liberal and centrist voters around a pro-sovereignty message.
“It was a rejection of Trumpism,” said one Canadian strategist who advised Carney’s campaign. “He gave us exactly the contrast we needed.”
Former U.S. Ambassador to Canada Bruce Heyman told preCharge News that the Carney-Trump meeting carried “high stakes,” not just for bilateral ties, but for Trump’s image as a dealmaker.
“Trump wants to walk away saying he can make deals. But when you disrespect your allies, you don’t get deals—you get distance,” Heyman said.
“Time Will Tell,” Trump Says—But So Will Trade
Asked whether Carney’s refusal on statehood made trade negotiations harder, Trump shrugged.
“It’s only time,” he said. “Time will tell.”
But so far, that time appears to be working against him. With rising tariffs, stalled trade talks, and a Canadian leader publicly pushing back, America’s closest northern ally is growing more distant.
And Carney, standing firm on his country’s independence, may have just drawn a line in the sand.