During a press conference on May 28, 2025, in Washington, D.C., U.S. President Donald Trump was asked about the so-called 'TACO trade' for the first time. He described the query as the 'nastiest question' he had ever received, though he did not elaborate on the specifics of the trade arrangement.
Background on the 'TACO Trade'
The term 'TACO trade' has emerged in recent trade discussions, though its exact definition remains unclear. Analysts speculate it may refer to a proposed agreement involving tariff adjustments or commodity exchanges. Trump's reaction indicates sensitivity to the topic, which has not been officially addressed by his administration.
Reactions from Trade Experts
Trade experts have expressed confusion over the president's strong response. Some suggest the question may have touched on a contentious aspect of ongoing negotiations. Others believe it reflects the broader tension in U.S. trade policy under the current administration.
Other News Highlights
- Eight suspects are in custody after a series of 'smash-and-grab' robberies in Halton, Ontario.
- Hamilton Public Health is investigating a cluster of 13 confirmed Legionellosis cases.
- The Surrey-Langley SkyTrain extension has reached a construction milestone.
- A Calgary man won $7 million on a lottery ticket.
- Princess Margriet of the Netherlands visited Ottawa for the Tulip Festival.
- An Edmonton man pleaded guilty to impersonating a police officer.
- A youth died after an early-morning crash in Musquodoboit Harbour, Nova Scotia.
- A $100K reward is offered for information leading to the arrest of a Winnipeg homicide suspect.
- Saskatchewan residents can now search for mental health supports on the SHA website.
- An administrator was appointed to Conestoga College after an audit uncovered 'egregious financial decisions.'
- Sudbury's boil water advisory is in effect at least until Friday.
- A former CEO was charged with fraud in connection with a northern Ontario gold mine.
- A man died after his vehicle crashed into an overpass pillar in Sarnia.
- Unsafe trucks were pulled off roads in Collingwood.
- Victoria police officer was charged with sexual assault.
- Air Canada's latest cancellations could leave some travelers spending 'double the time, even triple.'
- Four people were convicted of conspiracy in a U.S. trial tied to the 2021 assassination of Haiti's president.
- The Epstein Commission hired a law firm to investigate Zorro Ranch and ties to New Mexico politics.
- A minister filed a judicial review of a First Nations child welfare agreement.
- Premier Smith told PM Carney that Albertans and industry are getting 'impatient.'
- The U.S. ambassador canceled a speaking appearance in Ottawa due to 'important' meetings with White House officials.
- South Bow says demand is strong for oil shipments to the U.S. Gulf Coast.
- 'Uncertainty' weighs on Telus results, but the company is hopeful AI can bring new revenue.
- Canadian youth are hit hardest in the job market while facing a rapidly changing economy.
Health and Science
Being married may come with an unexpected health benefit, a study suggests. Meanwhile, the hantavirus outbreak on a cruise ship remains under investigation, with three Canadians isolating at home. In space news, a spiral galaxy's brilliant heart shines in a new picture from NASA's Webb telescope. A cybersecurity incident impacted universities across Canada, and the Canvas system used by thousands of schools is back online after a cyberattack.
Entertainment and Lifestyle
Singer Bonnie Tyler is in an induced coma in Portugal. Broken Social Scene returns older and wiser. David Attenborough turns 100. An 11,000-carat ruby was unearthed in Myanmar. Florists get creative with bouquets as costs climb. The Musee d'Orsay opened a gallery dedicated to still-unclaimed works stolen by Nazis in WWII.
Sports
The NFL and referees agreed on a 7-year collective bargaining agreement. Sharks star Celebrini headlines Canada's roster for the world hockey championship. Canada captain Alphonso Davies sustained a hamstring injury weeks before the World Cup.
Climate and Environment
At least three hikers were killed by a volcano eruption on an Indonesian island. A bear attack likely killed a hiker in Glacier National Park for the first time in decades. A parade of ghostly icebergs brings joy to Newfoundland and Labrador.
