Matt Gagnon discusses the implications of President Trump’s tariff pause with Mexico and Canada, questioning the strategic goals behind the move. He argues that the threat of tariffs led to substantial changes, such as Mexico deploying 10,000 troops to the border and Canada designating Mexican cartels as terrorist groups and establishing a joint strike force. Gagnon contrasts Trump’s systematic approach with the previous administration’s scattershot methods. He criticizes Canadian Prime Minister Justin Trudeau for quickly yielding to Trump’s demands, viewing it as a sign of weak leadership. Gagnon also notes that the 10% tariff on China remains as scheduled.
Thousands of flights across the U.S. were canceled or delayed Monday as powerful storms swept across the eastern half of the country and a partial government shutdown affecting airport security screeners dragged into a second month.
Days of downpours have begun in Hawaii. The Southwest will soon bake with day after day of record 100-degree-plus (38 Celsius-plus) heat. Two storms will dump snow by the foot over northern Great Lakes states. And the dreaded polar vortex will again invade the Midwest and East with soul-crushing Arctic chill. This forecast of extremes comes as weather whiplash has already hit much of the East.
An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices were persistently elevated even before the Iran war caused spikes in oil and gas costs.
A man with a rifle who crashed into a large Michigan synagogue in what federal officials are saying was an attack had lost four family members in an Israeli airstrike in his native Lebanon last week, an official said Friday.