Here are the latest news updates from the United States and Canada as of March 13, 2025:

United States:

• Consumer Activism: A consumer-activist group founded by John Schwarz has launched a grassroots campaign to halt all consumer spending on Friday, Feb. 28. forbes.com
• Cryptocurrency in Banking: Discussions are ongoing about allowing U.S. banks to own cryptocurrencies, aiming to integrate digital assets into traditional financial systems. forbes.com

Canada:

Trade Disputes: President Trump has retracted his threat to double the 25% tariffs on Canadian steel and aluminum, deeming that Canada will no longer impose a 25% surcharge on electricity to the U.S. theaustralian.com.au

Infrastructure Investment: Spanish construction giant Ferrovial has agreed to purchase a 5.06% stake in the 407 ETR motorway in Canada from AtkinsRealis for C$2.09 billion (US$1.45 billion), increasing Ferrovial’s total stake to 48.29%. Reuters

Political Relations: Incoming Canadian Prime Minister Mark Carney has expressed willingness to meet with U.S. President Donald Trump, provided Canadian sovereignty is respected, amidst ongoing trade tensions. apnews.com