Morning Update: What Canada’s power can be

Good morning. Canada can defend its economic sovereignty but it will need to act fast. More on that below, along with updates from the federal election campaign and tax tips.Today’s headlines

• Trump announces a 90-day pause on steep global tariffs, but hikes China levy to 125%
• Canada will not be subject to blanket 10-per-cent U.S. duty on most imports, envoy Kirsten Hillman says
• Pierre Poilievre vows to use the American “three strikes you’re out” plan for repeat offenders, reviving a failed Harper proposal
• The Liberal candidate that Mark Carney chose to replace Paul Chiang, who quit the race, is a member of a Beijing-friendly lobby organization