July 31, 2026
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8:03Now PlayingDonald Trump's plan to attack and intimidate Canada blows up in his face as new energy deal is announced in major financial blow to the US as the economy is already suffering from consequences of Canada's boycott. John Iadarola and Brett Erlich break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Canada’s Answer to Trump’s TariffsMore Energy Deals With Europe
"Canada announced a second major deal on Wednesday to export liquefied natural gas to Europe, part of Prime Minister Mark Carney’s effort to reduce the country’s economic dependence on the United States.
The announcement came a week after President Trump signed an order imposing 50 percent tariffs on a range of Canadian exports, excluding energy, and amid global energy upheaval caused by the American and Israeli war against Iran.
Canadian natural gas and oil exports have historically gone almost entirely to American customers. In a briefing note on Wednesday, Canada said it now aims to sell 55 percent of its natural gas exports to customers other than the United States by the middle of the next decade. In 2024, the year before the opening of Canada’s first L.N.G. terminal, other countries accounted for just 0.01 percent of Canada’s natural gas exports."
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260731__DR03Canada
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