Yesterday’s News 2026-08-23

curated news excerpts & citations
… trying to ‘unbury the lede’

2026-08-21 US inserted snapback clause in tarriff negotiations with Canada

Dean Blundell:
Trump Tried To Slip A “Snapback” Provision Into Canada Deal. Carney Caught It. … Now Trump Is Threatening Military Force.

Two things happened Friday, and they are the same story.

At a little before midnight, Mark Carney pulled Canada’s negotiators out of Washington, killed the trade deal Trump had already announced, and matched the 50% tariffs dollar for dollar.

A few hours earlier, on the tarmac before Air Force One, a reporter asked Donald Trump what he was going to do about Treasury yields, which had blown right through Scott Bessent’s emergency intervention. Trump’s answer: “The ultimate intervention is our military. And if we have to use that, we will.”

Let me walk you through why those two headlines belong in the same sentence, why Canada has Trump in the most precarious position of his presidency, and why I’ve been telling you this was coming since the spring of 2025.
(Dean Blundell   more…)

Anthony Orrico @ HuffPost:
Trump Sparks Mockery After Suggesting Baffling New Use For The Military

“Is the bond market also 2 weeks away from a nuclear weapon?” one commenter wrote on X.

Dean Blundell:
VIDEO: Mark Carney Just Became The Most Important Leader In The Free World


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