Mark Rendell
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markrendell.bsky.social
Mark Rendell
@markrendell.bsky.social
1.6K followers 580 following 31 posts
Economics reporter with The Globe and Mail. Based in Toronto. mrendell@globeandmail.com
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markrendell.bsky.social
Trump's America First economic vision is pushing Canada to follow suit, reviving a kind of economic nationalism not seen since the 1980s. I unpack the risks, trade-offs and opportunities of #Carney's new 'comprehensive industrial strategy' #cdnpoli #cdnecon
www.theglobeandmail.com/business/eco...
Pushed by Trump, Canada enters a new era of economic nationalism
The U.S. President’s ‘America First’ economic vision is pushing Ottawa to reach for a Canada First toolkit – one that would have been inconceivable a year ago
www.theglobeandmail.com
October 5, 2025 at 1:11 PM
markrendell.bsky.social
USTR posted a notice online Tuesday formally kicking off the review of the continental trade pact, the USMCA. What happens next? What's at stake? What does each side want? Check out my guide to the renewal talks theglobeandmail.com/business/eco... #CdnPoli #CdnEcon #Trump #USMCA
The fight to preserve North American trade is just beginning: A guide to the USMCA renewal talks
After an onslaught of tariffs levied by the Trump administration, Canada is gearing up for renegotiations
theglobeandmail.com
September 16, 2025 at 11:57 PM
markrendell.bsky.social
Macklem, Mounties and Mountains, the Canadian bingo card. #G7 #Cdnpoli #cdnecon
May 21, 2025 at 2:43 PM
markrendell.bsky.social
Over the past week, Donald Trump has stepped back from the brink in his trade war with China and announced a deal with the U.K. What does it mean for global trade? And how does it impact Canada? I'm on the Decibel today breaking it down. #cdnecon #cdnpli www.theglobeandmail.com/podcasts/the...
What Trump’s trade deals could mean for Canada
Why we all need to get used to a baseline 10-per-cent tariff from the U.S.
www.theglobeandmail.com
May 15, 2025 at 3:08 PM
Reposted by Mark Rendell
mattlundy.bsky.social
Confused about tariffs? We all are.

Here's a gift link to an explainer from @markrendell.bsky.social. We update this piece any time tariff rules change (so, frequently).
Tariff cheat sheet: What’s in effect, what’s on pause and what’s been threatened?
U.S. President Donald Trump has imposed, paused and threatened more tariffs to come. Here’s what you need to know
www.theglobeandmail.com
April 3, 2025 at 5:00 PM
markrendell.bsky.social
Are you trying to make sense of Trump's "Liberation Day," the global trade war he launched on April 2, and how Canada and Mexico got off relatively lightly? I'm on the Decibel talking tariffs. Check it out. #cdnecon #econ #cdnpoli
www.theglobeandmail.com/podcasts/the...
Making sense of Trump’s ‘Liberation Day’ tariffs
New reciprocal tariffs threatens global systems of trade
www.theglobeandmail.com
April 3, 2025 at 2:54 PM
markrendell.bsky.social
The federal election will be fought along economic lines, but the ground has shifted. Here are the key economic issues that will define the race throughout this month. w/ @mattlundy.bsky.social #cdnecon #cdnpoli #econ
www.theglobeandmail.com/business/art...
Ten economic issues that will define the 2025 election, explained in charts
Pocketbook issues were set to dominate the conversation in this election cycle. Then along came a trade war
www.theglobeandmail.com
April 2, 2025 at 7:36 PM
Reposted by Mark Rendell
mattlundy.bsky.social
New vehicle prices are set to jump by thousands of dollars because of incoming tariffs.

“Not a lot of households are going to be able to finance new vehicles at current interest rates and these elevated price points potentially.” (via @markrendell.bsky.social)
Americans set for inflation jolt as car prices get hit by Trump tariffs
Analysts think the price tag on a new vehicle could jump by several thousand dollars depending on the model
www.theglobeandmail.com
March 28, 2025 at 12:20 PM
markrendell.bsky.social
Central banking in a trade war. Macklem:"It’s very hard for any of us on Governing Council to have high conviction about the most likely outcome...We need to set policy that minimizes the risk. That means being less forward-looking... and it may mean acting quickly when things crystallize." #cdnecon
Bank of Canada unveils new playbook as Trump’s tariff threats create mayhem
The central bank will focus on minimizing risks when setting interest rates, said Governor Tiff Macklem
www.theglobeandmail.com
March 20, 2025 at 8:10 PM
Reposted by Mark Rendell
tejparikh.ft.com
Check out the latest edition of my @financialtimes.com newsletter. (1/2)

How to turn Canada into an economic superpower:
on.ft.com/4hD9tbe
March 16, 2025 at 12:03 PM
Reposted by Mark Rendell
mattlundy.bsky.social
Our interview with Tiff Macklem: “I will admit I find myself checking the news cycle more frequently than usual.” (via @markrendell.bsky.social)
Tiff Macklem on what the Bank of Canada can and can’t do as Trump remakes the economic order
If the U.S. backs down on tariffs, the Canadian economy is primed for a solid expansion in 2025, but if Donald Trump sticks to his protectionist guns, a recession in the coming quarters seems likely
www.theglobeandmail.com
March 15, 2025 at 5:29 PM
markrendell.bsky.social
Tiff Macklem is checking headlines and weighing the risks of recession against inflation, as Trump hits Canada with a barrage of tariff threats. How do you run a central bank in a trade war? I spoke with the @bankofcanada.bsky.social governor this week to find out.
#cdnecon #econ #cdnpoli #trump
Tiff Macklem on what the Bank of Canada can and can’t do as Trump remakes the economic order
If the U.S. backs down on tariffs, the Canadian economy is primed for a solid expansion in 2025, but if Donald Trump sticks to his protectionist guns, a recession in the coming quarters seems likely
www.theglobeandmail.com
March 15, 2025 at 3:11 PM
Reposted by Mark Rendell
bankofcanada.ca
Governor Tiff Macklem gave an interview to @markrendell.bsky.social of @theglobeandmail.com.

bit.ly/3FlR59p

#cdnecon #economy
Bank of Canada Media Interview – The Globe and Mail
Tiff Macklem, Governor of the Bank of Canada, gave an interview to Mark Rendell of the Globe and Mail, which will be published online and in the newspaper.
bit.ly
March 13, 2025 at 2:31 PM
markrendell.bsky.social
While the 2018 tariffs steel and aluminum tariffs didn’t do much to boost jobs, they did boost prices. Reposting ahead of tomorrow's tariffs. w/ @jasonkirby.bsky.social #cdnecon #cdnpoli #econ

www.theglobeandmail.com/business/eco...
Trump’s 2018 steel tariffs brought higher prices, did little to boost jobs
The U.S. president cast his 2018 levies on steel and aluminum as an effort to bring manufacturing jobs back to the U.S., but studies show this did not happen
www.theglobeandmail.com
March 12, 2025 at 12:52 AM
markrendell.bsky.social
With Donald Trump shaking the foundations of the integrated North American economy, the Bank of Canada is widely expected to cut interest rates for a seventh consecutive time on Wednesday. #cdnecon #cdnpoli www.theglobeandmail.com/business/art...
Bank of Canada expected to cut interest rate again as trade war with U.S. disrupts economy
Traders and analysts expect the BoC to focus more on recession risk than rising imported goods prices as Ottawa retaliates with tariffs and the Canadian dollar depreciates
www.theglobeandmail.com
March 10, 2025 at 6:24 PM
markrendell.bsky.social
Confused about Donald Trump's latest tariff flip-flop? I wrote an explainer on the USMCA and what's eligible (or not) for the one-month tariff reprieve. #cdnecon #cdnpoli
www.theglobeandmail.com/business/art...
What gets a reprieve from Trump’s tariffs? Understanding the USMCA
Donald Trump has put a month-long pause on imports that are compliant with free-trade agreement. But many Canadian goods will still be subject to tariffs
www.theglobeandmail.com
March 7, 2025 at 11:13 PM
markrendell.bsky.social
"I'm a loonie. Let me tell you about the tough few months I’ve had." Had fun making this explainer with @mingwong.bsky.social and @apricotjoy.bsky.social
www.theglobeandmail.com/business/art...
The Canadian dollar is in its flop era. An illustrated look at why the loonie fell
When President Trump slaps tariffs on Canadian goods, the loonie could tumble further, perhaps to the low-to-mid-60s last seen in the early 2000s
www.theglobeandmail.com
March 3, 2025 at 11:49 PM
markrendell.bsky.social
Do trade deficits matter? How economists think about Trump’s obsession #cdnecon #cdnpoli #tariffs
www.theglobeandmail.com/business/eco...
Do trade deficits matter? How economists think about Trump’s obsession
The U.S. president sees international trade as a zero-sum game. The truth is more complicated, according to economists
www.theglobeandmail.com
February 14, 2025 at 9:42 PM
markrendell.bsky.social
I’m on The Decibel this morning talking tariffs, trade deficits and why Trump’s trade wars likely won’t get him what he wants #cdnecon #cdnpoli #tariffs
podcasts.apple.com/ca/podcast/t...
How Trump is waging war through tariffs
Podcast Episode · The Decibel · 2025-02-14 · 25m
podcasts.apple.com
February 14, 2025 at 3:08 PM
markrendell.bsky.social
While the 2018 tariffs didn’t do much to significantly boost jobs, they did boost prices. #cdnecon w/ @jasonkirby.bsky.social
www.theglobeandmail.com/business/eco...
Trump’s 2018 steel tariffs brought higher prices, did little to boost jobs
The U.S. president cast his 2018 levies on steel and aluminum as an effort to bring manufacturing jobs back to the U.S., but studies show this did not happen
www.theglobeandmail.com
February 13, 2025 at 4:39 PM
markrendell.bsky.social
Donald Trump announced 25 per cent tariffs on all steel and aluminum imports, including from Canada, reigniting a trade conflict that could have serious consequences for Canada’s export-oriented metal producers. #cdnpoli #cdnecon
www.theglobeandmail.com/canada/artic...
Trump imposes 25% tariffs on steel and aluminum imports from all countries, including Canada
Canada is the top supplier of both steel and aluminum to the United States
www.theglobeandmail.com
February 10, 2025 at 11:53 PM
markrendell.bsky.social
Donald Trump genuinely seems to believe that tariffs are a multitool with which to pursue various goals at once – some of which are at odds with each other.
www.theglobeandmail.com/business/art...
Untangling the MAGA mind on tariffs
The most striking development compared with Donald Trump’s first presidency is the readiness to use tariffs as an extension of – or substitute for – diplomacy
www.theglobeandmail.com
February 10, 2025 at 2:50 PM
markrendell.bsky.social
“We’ve never seen anything like this. Often with different governments there’s a reduction in funding for aid programs, and then organizations sort of deal with that. But dismantling the entire department including staff and funding, it’s just catastrophic"
www.theglobeandmail.com/world/articl...
Judge delays Trump’s USAID furlough, while aid organizations warn of catastrophe
Aid agencies around the world depend on more than US$40-billion of annual USAID funding
www.theglobeandmail.com
February 8, 2025 at 4:34 PM
Reposted by Mark Rendell
stevenchase.bsky.social
Canada planning pandemic-level relief for workers, businesses if Trump imposes tariffs

www.theglobeandmail.com/politics/art...
Ottawa planning pandemic-level relief for workers, businesses if Trump imposes tariffs
Sources say the bulk of potential spending on new programs will require legislative approval, which could not take place until Parliament resumes in March
www.theglobeandmail.com
January 28, 2025 at 1:34 PM
markrendell.bsky.social
I was on @theworld.org yesterday talking tariffs and Canada's response. Thanks for having me on Carol Hills #cdnecon #cdnpoli
theworld.org/segments/202...
Canada preparing for impact of potential Trump tariffs - The World from PRX
Canada is getting ready to be hit with new tariffs by the US following the start of President Donald Trump’s administration this week. It comes as Trump has repeatedly made calls for Canada to join th...
theworld.org
January 25, 2025 at 7:13 PM