Carney Says US Wants Canadian Industries "Wiped Out" as Hegseth Mocks Cadets, Bond Rout Hits Markets, and Iran Contracts Scandal Surfaces

Prime Minister Mark Carney revealed Tuesday that collapsed trade talks failed because US negotiators wanted Canada's automotive and other key industries to either become American subsidiaries or be "gradually wound down". Carney said he pulled his negotiating team home ahead of the August 22 deadline, refusing terms that would have essentially hollowed out Canadian manufacturing and imposed restrictions on...