Americans and Canadians are losers in the escalating trade wars
The 50 percent tariffs announced Monday by President Donald Trump on all cars, trucks, automotive parts and steel from Canada would crush manufacturers in the United States and raise prices in both countries. The silver lining is that Trump said these import taxes would not take effect until Jan. 1, leaving time for negotiators to disarm an economic land mine. A bilateral deal appeared close last week before talks broke down at the 11th hour. Neither Trump nor Canadian Prime Minister Mark Carney wants to look as if he’s succumbing to bullying from the other, so the escalation has been ...
Almanac for Aug. 27, 2026
Today is Thursday, Aug. 27, the 239th day of 2026. There are 126 days left in the year. Today in history: On Aug. 27, 1883, the island volcano Krakatoa erupted with a series of cataclysmic explosions. The explosions (which could be heard 3,000 miles away) and resulting tsunamis in Indonesia's Sunda Strait claimed some 36,000 lives in Java and Sumatra. Also on this date: In 1894, Congress passed the Wilson-Gorman Tariff Act, which contained a provision for a graduated income tax that was later struck down by the Supreme Court. In 1964, the film "Mary Poppins" had its world premiere ...
What if factories had gotten the data center treatment?
When American manufacturing was truly coming into its own in the early 20th century, workers sometimes labored 12-hour days seven days a week and risked life and limb working near dangerous machinery, while factories blackened the skies of American cities. Yet some of the same people who ...
