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Peterson Institute for International Economics

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Situations

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US-Canada trade war and sovereignty disputes escalate

80 clusters · 2159 sources · last updated

Latest: Trump pauses Canadian tariffs following trade agreement

The trade dispute between the United States and Canada has escalated into a significant conflict over economic sovereignty. Following the collapse of negotiations in late August 2026, Canada implemented retaliatory tarif

[ACTIVE] [BUSINESS] [US] [GB] [JP]

US debt surpasses $40T; rising interest costs spark crisis

75 clusters · 408 sources · last updated

Latest: US federal deficit reaches $2 trillion

By late 2026, the U.S. national debt has surpassed $40 trillion, reaching approximately $40.4 trillion in October after a rapid increase of nearly $400 billion over two months. The debt first crossed the $40 trillion mil

[ACTIVE] [BUSINESS] [CA] [US] [BR]

Canada-U.S. trade tensions and travel trends

3 clusters · 8 sources · last updated

Latest: Canada-U.S. cross-border travel rises despite trade tensions

Trade tensions between Canada and the United States have escalated following the Trump administration’s announcement of bans on various Canadian imports, including certain alcoholic beverages, dairy by-products, and moto

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