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    Trump tariffs Canada, Paramount merger paused and Britain swaps leader

     
    TODAY’S GLOBAL TRADE story

    Trump orders 50% tariff on most Canadian goods

    What happened
    President Donald Trump yesterday signed proclamations imposing 50% tariffs on a wide range of Canadian imports, claiming that America’s second-largest trading partner has unfairly discriminated against U.S. autos, alcohol and dairy products. The tariffs, set to take effect in 30 days, rely on Section 338 of the Tariff Act of 1930, which has never been used to levy import duties and is untested in court. Some products, like energy, would be exempt, but the new tax will apply to goods that comply with the U.S.-Mexico-Canada free trade agreement, the White House said.

    Who said what
    The new tariffs “could unleash a new wave of economic chaos, with risks of higher inflation and further fraying of relations” with Canada, The Associated Press said. A senior administration official previewing the tariffs “said that Canada was one of the only nations other than China that retaliated against Trump’s previous tariffs and must be held accountable.” Canadian Prime Minister Mark Carney said that “Canada, as is its right,” had “merely matched” Trump’s tariffs, but he “stands ready to engage invasively” to address a “trade dispute” that “has raised costs for families, particularly in the U.S.” 

    What next?
    The new tariffs would apply to nearly $20 billion of Canadian goods, the White House said, or about 5.2% of last year’s $383 billion in Canadian imports. But Trump’s “invocation of 338 is the nuclear option,” threatening all U.S. trading partners and injecting “massive uncertainty” into the global economy, Cato Institute economist Scott Lincicome said to the AP. “We crossed the Rubicon.”

     
     
    TODAY’S MEDIA story

    Court pauses Paramount-Warner Bros. merger

    What happened
    A federal judge in California yesterday paused Paramount’s $111 billion acquisition of Warner Bros. Discovery, agreeing with 12 states that the merger of two of Hollywood’s remaining five major movie studios could run afoul of antitrust laws. The combined company would also amalgamate CBS, CNN, HBO Max, Paramount+ and dozens of cable channels. The “pause will last only 14 days,” said The New York Times. But in her ruling, U.S. District Judge Araceli Martínez-Olguín “raised the prospect of a much longer delay.”

    Who said what
    California Attorney General Rob Bonta, the lead plaintiff in the lawsuit, hailed the ruling as a “critical first win in our case to ensure this megamerger never sees the light of day.” Paramount said the states’ “antitrust arguments are without merit” and it would “vigorously defend” its “lawful, pro-competitive” merger. Along with the dozen states, the merger is being challenged in court by a group of consumers, the Writers Guild of America and Paramount shareholders.

    What next?
    Martínez-Olguín said she would consider issuing a longer injunction at an Aug. 3 hearing. Any lengthy delay in the merger, which had been set to be completed as soon as Wednesday, “would have huge financial costs for Paramount,” NPR said. Starting Oct. 1, it has to pay Warner shareholders “roughly $650 million for every 90 days the deal is set back.”

     
     
    TODAY’S INTERnATIONAL Story

    Burnham becomes UK prime minister, shuffles Cabinet

    What happened
    Former Greater Manchester Mayor Andy Burnham took office yesterday as Britain’s seventh prime minister in 10 years, vowing that his government would be a “circuit-breaker for Britain” after a series of “wrong turns” successive leaders had taken since the 1980s. “I know people at home are fed up with politics,” Burnham said in front of No. 10 Downing Street shortly after King Charles III officially appointed him prime minister following Keir Starmer’s resignation. “We need to be better. We will be.”

    Who said what
    Burnham “wasted no time” showing there’s “much more to him than the friendly, folksy image he’s cultivated in public by swiftly banishing Keir Starmer’s closest allies from the Cabinet,” Politico said. The “biggest surprise” was Burnahm’s appointment of former defense secretary John Healey as chancellor of the exchequer, putting the Treasury in a “safe pair of hands” as he moves to decentralize power from London, re-industrialize the country and unwind the privatization of key utilities. The new prime minister also named Ed Miliband as foreign secretary and kept Shabana Mahmood as home secretary, signaling he’s “largely backing her efforts to crack down on legal and illegal migration,” The New York Times said. 

    What next?
    Burnham said he was working on a 10-year plan for Britain and today would unveil some initial measures “to give people some breathing space now, some help with the cost of living.” He also pledged to end “rough sleeping,” or homelessness.

     
     

    It’s not all bad

    Maurice Levene gives free cooking lessons to his 2 million TikTok followers. Known online as Chef Moe, Levene records himself at the grocery store buying ingredients for $5 family dinners and then back in his kitchen, preparing the meal. Viewers say they appreciate his budget-friendly, nutritious recipes and how he teaches cooking techniques. “I know this won’t stop world hunger,” he told The Washington Post, “but we can help people, and it’s kind to be kind.”

     
     
    Under the radar

    Gray whales are dying in the Pacific

    Gray whales are in the midst of a “catastrophic mortality event” off the U.S. West Coast, according to the nonprofit group Public Employees for Environmental Responsibility (PEER). Close to 150 carcasses were found on beaches along the Pacific Ocean just this year. This loss is heavily tied to human-caused climate change.

    Gray whales face “multiple threats, including ship strikes and reduced food sources,” said PEER in a statement. Between 2019 and 2023, the gray whale population declined almost 30%, from 20,500 to 14,526, and an estimated 2,500 to 8,000 whales died in 2025 and 2026. 

    The marine mammals are “starving” because “Arctic sea ice decline is reducing their Arctic seabed prey resource,” said Rick Steiner, an Alaska marine ecologist and the chair of PEER’s board of directors. The whales travel to the Arctic to “feed on crustaceans called amphipods,” said Smithsonian magazine. And because climate change is reducing the amphipod population, some whales are “detouring into dangerous places like San Francisco Bay, where they are being fatally struck by ships or becoming entangled in fishing gear.”

    Gray whales were once protected under the Endangered Species Act because of commercial overfishing, but were removed from the protection list in 1994 after populations recovered. The National Oceanic and Atmospheric Administration has yet to relist them or take other protective action. However, individual states have enacted protective policies. “The loss of thousands of whales in just two years,” PEER’s Steiner said in a statement, “should be of concern to us all.”

     
     
    On this day

    July 21, 2007

    The final book in the “Harry Potter” series, “Harry Potter and the Deathly Hallows,” was released amid massive anticipation, becoming an instant bestseller. HBO is developing a new “Harry Potter” series, but it hasn’t been easy. Filming conditions have been “brutal” because of the child actors’ schedules, said cinematographer Adriano Goldman.

     
     
    TODAY’S newspaperS

    ‘Trump traps GOP’

    “Pentagon names 2 killed in war,” The Columbus Dispatch says on Tuesday’s front page. “19-year-old North Texan” Isabella Gonzales “ID’d as one of two soldiers killed in Jordan,” says The Dallas Morning News. “Trump traps GOP in box on Iran war,” The New York Times says. “Trump’s 2020 focus falls flat with GOP,” The Washington Post says. “Trump stymied on state voter info” as “courts hold firm against federal election control,” says USA Today. “IRS chief spied on colleagues when he worked at JPMorgan,” The Wall Street Journal says. “Taylor Farms remains focus of lettuce probe despite false positive,” The Mercury News says. “Cyclospora-wary shoppers turn to farmers markets,” says The Boston Globe. 

    ► See the newspaper front pages

     
     
    Tall tale

    Pate party

    A dedicated group of 22,141 Pitbull fans recently gathered at London’s BST Hyde Park festival to set the world record for the largest gathering of people wearing bald caps. Pitbull’s admirers, affectionately known as Bald-Es, attend his concerts dressed like the rapper, often sporting his trademark sunglasses and ties along with their bald heads. To make sure he was part of the count, Pitbull joined the celebration and also donned a bald cap.

     
     

    Morning Report was written and edited by Nadia Croes, Catherine Garcia, Scott Hocker, Anya Jaremko-Greenwold, Justin Klawans, Rafi Schwartz, Peter Weber and Kari Wilkin, with illustrations by Stephen Kelly and Julia Wytrazek.

    Image credits, from top: Odd Andersen / AFP via Getty Images; Justin Sullivan / Getty Images; Peter Nicholls / AFP via Getty Images; Illustration by Stephen P. Kelly / Getty Images
     

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