U.S., Canada and Mexico World Cup organizers react to Trump impact on 2026 plans
The tournament will be hosted by the U.S., Canada and Mexico following their successful joint bid in 2018 but relations between the countries have been altered in recent months following the election of President Donald Trump.
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He has spoken about making Canada the '51st state' and is conducting an immigration crackdown at the border with Mexico.
JT Batson, though, highlighted a 'long-standing relationship' with different government levels and the CEO of U.S. Soccer says Trump's second term should not affect progress to a common goal. 'Any time there's a transition in (Washington) D.C., we have to build new relationships with new folks in leadership positions across the State Department, Treasury, the White House,' he said.
Batson is joined by organizers from the tournament's other host nations in a special episode of The Athletic FC podcast called A World Cup Divided: Trump and 2026, which focuses on the political backdrop to next year's global event.
Last month, Trump announced the formation of a World Cup taskforce alongside Gianni Infantino, the president of world soccer's governing body FIFA, to provide governmental support. The official announcement highlighted that it will 'co-ordinate with executive departments and agencies to assist in the planning, organization and execution' of the tournament.
'A lot of the things that are very important for a World Cup — like visas, tourists and safety — are things we work with the government all the time on,' said Batson at an event in Los Angeles called The Business of Soccer. 'I know there's very deep and broad commitment to ensure that '26 is a huge success.'
Peter Montopoli is Canada's lead World Cup organizer and has watched Trump's Canada position with interest.
'We're very passionate about who we are, and we've seen in recent times that we have to stick up for ourselves,' he said. 'Sometimes we don't have to be the nice Canadians. We can get our elbows up. It's OK.'
Interviews with Concacaf president Victor Montagliani — who is also from Canada — and the nation's American head coach Jesse Marsch also feature in the hour-long documentary alongside Montopoli. All staunchly defend the nation's independence from the U.S..
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'I think the world needs more of Canada and we're here to show the world what we are,' said Montopoli. 'So June 12, 2026 (when Canada plays its opening World Cup match in Toronto) is one of the most important days in the history of our country, and I hope all Canadians embrace that and show the world we're here. We're good for the world.'
Canada beat the U.S. 2-1 to claim a bronze medal in the Concacaf Nations League finals.
'I'm a proud Canadian and representing this badge in our country is not something we take for granted,' said Canada goalkeeper Dayne St. Clair, who acknowledged the 'stakes are a little bit higher' in the current climate.
The soccer team followed in the footsteps of Canada's ice hockey squad, who beat their American counterparts in the 4 Nations Face-Off final in February. 'Seeing the hockey between Canada and the U.S. and those fights inspired us to fight for our country,' St. Clair added.
Trump's policies include a strong stance on immigration from bordering Mexico. The head of that nation's World Cup organizing committee is Jurgen Mainka and he calls the country's hosting of the tournament a 'brand-building exercise' capable of 'repositioning the way the world sees Mexico'.
'Every time I turn the TV on in the U.S. or anywhere around the world, you hear about Mexico, but you hear about the violence, the drug cartels,' he said. 'While that's a reality of the country, I think it's like five or seven per cent of what the country is all about.'
Former Mexico international and LAFC striker Carlos Vela says 'it will be a great opportunity to show our football, our culture and make a big party for the the people' but acknowledges the political undertones present challenges. 'The world is in a really tough situation, but we are out of sight of that,' he said. 'We don't focus on that situation because it's not in our hands. We have to enjoy life and try to make life easy for everybody.'
Hear more from all of the above in an hour-long documentary on The Athletic FC podcast called 'A World Cup Divided: Trump and 2026'. It also includes a trip over the US-Mexico border to Tijuana to speak to Mexican citizens about the tensions, plus contributions from former MLS star and ex-Montreal Impact head coach Thierry Henry, Fox analyst and Trump supporter Alexi Lalas, fans from the respective nations and many more.
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Trump tariffs live updates: Trump strikes deal with Japan as EU, US reportedly close in on pact
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Honda (HMC) surged 9.8%, Toyota (TM) jumped 13.9%, Nissan (7222.T) gained over 5%, and Mazda (7261.T) soared 17.7%. Mitsubishi Motors (7211.T) rose over 12%. According to Japan's NHK, the revised tariff structure includes a 12.5% cut plus a 2.5% 'Most Favored Nation' base rate. The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June. Read more here. Shares of Japanese automakers pumped after US President Donald Trump announced a trade deal with Japan, lowering the previously discussed 25% auto tariffs on Japanese vehicles to 15%. Trump hailed the deal as the 'largest Deal ever,' claiming Japan would invest $550 billion in the US and allow greater access to its markets, including for American autos, trucks, and agricultural goods. Honda (HMC) surged 9.8%, Toyota (TM) jumped 13.9%, Nissan (7222.T) gained over 5%, and Mazda (7261.T) soared 17.7%. Mitsubishi Motors (7211.T) rose over 12%. According to Japan's NHK, the revised tariff structure includes a 12.5% cut plus a 2.5% 'Most Favored Nation' base rate. The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June. Read more here. Trump: 'I've just signed the largest trade deal in history with Japan' President Trump announced overnight that his team and Japan have finally reached a trade deal, which includes a 15% tariff on imported goods from Japan, and the country will invest $550 billion into the US. Trump, who made the announcement during a White House reception with members of Congress and later on Truth Social, called it the "largest trade deal in history" in reference to Japan. The deal wasn't easy to achieve. Japan's Prime Minister Shigeru Ishiba had hoped to speak with Trump at the G-7 meeting back in June, but earlier this month Trump said Japan was "spoiled" and doubted a deal would happen. The two sides have come a long way, with Ishiba remaining stoic yet firm to maintain his country's trust while trying to reach an agreement with the US. Bloomberg News reports: Read more here. President Trump announced overnight that his team and Japan have finally reached a trade deal, which includes a 15% tariff on imported goods from Japan, and the country will invest $550 billion into the US. Trump, who made the announcement during a White House reception with members of Congress and later on Truth Social, called it the "largest trade deal in history" in reference to Japan. The deal wasn't easy to achieve. Japan's Prime Minister Shigeru Ishiba had hoped to speak with Trump at the G-7 meeting back in June, but earlier this month Trump said Japan was "spoiled" and doubted a deal would happen. The two sides have come a long way, with Ishiba remaining stoic yet firm to maintain his country's trust while trying to reach an agreement with the US. Bloomberg News reports: Read more here. Trump announces new details on trade pact with Indonesia President Trump and his team released new details of a pact announced last week with Indonesia, confirming plans for a 19% tariff on the country and adding a 40% rate on any 'transhipped' goods. The more complete framework of the deal is further confirmation of an agreement with America's 23rd largest trading partner that will avert 32% tariffs that Trump threatened previously. It also stipulates that 'Indonesia is going to drop its tariffs to 0% on over 99% of its trade,' a senior White House official said Tuesday. The official added that the deal includes the elimination of non-tariff barriers that Trump's team say hinders American companies, including in areas like pre-shipment inspection requirements, motor vehicle safety standards, and restrictions around US medical devices and pharmaceuticals. The exact definition of how Trump defines transshipped goods has been a matter of some debate in recent weeks. The deal with Indonesia includes goods not just re-labeled but made with a significant portion of components from a third country and then assembled in Indonesia. It's a provision also included in a recent deal with Vietnam and is clearly aimed at China. Indonesian negotiators previously confirmed that a deal had been struck but not all details, with the country president's spokesperson telling Reuters the negotiations had been 'an extraordinary struggle.' President Trump and his team released new details of a pact announced last week with Indonesia, confirming plans for a 19% tariff on the country and adding a 40% rate on any 'transhipped' goods. The more complete framework of the deal is further confirmation of an agreement with America's 23rd largest trading partner that will avert 32% tariffs that Trump threatened previously. It also stipulates that 'Indonesia is going to drop its tariffs to 0% on over 99% of its trade,' a senior White House official said Tuesday. The official added that the deal includes the elimination of non-tariff barriers that Trump's team say hinders American companies, including in areas like pre-shipment inspection requirements, motor vehicle safety standards, and restrictions around US medical devices and pharmaceuticals. The exact definition of how Trump defines transshipped goods has been a matter of some debate in recent weeks. The deal with Indonesia includes goods not just re-labeled but made with a significant portion of components from a third country and then assembled in Indonesia. It's a provision also included in a recent deal with Vietnam and is clearly aimed at China. Indonesian negotiators previously confirmed that a deal had been struck but not all details, with the country president's spokesperson telling Reuters the negotiations had been 'an extraordinary struggle.' Trump says US has reached trade deal with the Philippines President Trump said Tuesday the US had reached a trade deal with the Philippines following its president's visit to the White House. He posted on Truth Social: This doesn't seem to move the needle much for the Philippines, whose imports to the US will see a 19% tariff instead of the 20% Trump had threatened from Aug. 1. The Philippines is the US's 29th-largest trade partner. President Trump said Tuesday the US had reached a trade deal with the Philippines following its president's visit to the White House. He posted on Truth Social: This doesn't seem to move the needle much for the Philippines, whose imports to the US will see a 19% tariff instead of the 20% Trump had threatened from Aug. 1. The Philippines is the US's 29th-largest trade partner. Copper-laden ships race to reach US ahead of tariffs Fascinating angle from Bloomberg: Read more here. Fascinating angle from Bloomberg: Read more here. 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"We think we can manage absorbing any of the impacts with the various levers that we have at our disposal. It's always a local decision as to how to utilize those levers, but right now, it's something that we factored into our rest of year guidance." Yahoo Finance's Brooke DiPalma reports that Coca-Cola reported earnings for its second quarter that topped forecasts. Read more here. Bessent says he will meet Chinese officials, discuss tariff deadline extension US Treasury Secretary Scott Bessent told Fox Business on Tuesday that he plans to meet his Chinese counterpart next week and discuss an extension of an August 12 deadline for higher tariffs. Both China and the US reached a trade truce in London last month to prevent escalating tariffs. Reuters reports: Read more here. US Treasury Secretary Scott Bessent told Fox Business on Tuesday that he plans to meet his Chinese counterpart next week and discuss an extension of an August 12 deadline for higher tariffs. Both China and the US reached a trade truce in London last month to prevent escalating tariffs. Reuters reports: Read more here. RTX cuts 2025 profit forecast as tariff costs weigh US aerospace and defense giant RTX (RTX) cut its 2025 profit forecast on Tuesday, citing President Trump's trade war as the major reason. Shares of the company fell 3% in premarket trading. Reuters reports: Read more here. US aerospace and defense giant RTX (RTX) cut its 2025 profit forecast on Tuesday, citing President Trump's trade war as the major reason. Shares of the company fell 3% in premarket trading. Reuters reports: Read more here. GM's core profit slides in second quarter as Trump's tariffs bite Tariffs have started to hit US automaker General Motors (GM), who reported a fall in second quarter core profit of 32% to $3 billion on Tuesday. The automaker said tariffs have sapped $1.1 billion from results as it continues to grapple with President Trump's challenging trade war. Reuters reports: Read more here. Tariffs have started to hit US automaker General Motors (GM), who reported a fall in second quarter core profit of 32% to $3 billion on Tuesday. The automaker said tariffs have sapped $1.1 billion from results as it continues to grapple with President Trump's challenging trade war. Reuters reports: Read more here. Canadian boycott of US spirits hurts broader alcohol sales: Trade group American imports to Canada have dropped sharply due to Canadian provinces' boycott of US spirits amid the ongoing trade war with the United States, according to a Canadian liquor trade group. Reuters reports: Read more here. American imports to Canada have dropped sharply due to Canadian provinces' boycott of US spirits amid the ongoing trade war with the United States, according to a Canadian liquor trade group. Reuters reports: Read more here. AstraZeneca announces $50B US manufacturing investment, matching its big pharma peers Pharmaceutical giant, AstraZeneca (AZN) announced it plans to invest $50 billion in US manufacturing by 2030, in the hopes it will avoid steep tariffs on imported components manufactured abroad. Yahoo Finance's senior reporter Anjalee Khemlani looks at how AstraZeneca's latest US investment keeps pace with its big pharma rivals. Read more here Pharmaceutical giant, AstraZeneca (AZN) announced it plans to invest $50 billion in US manufacturing by 2030, in the hopes it will avoid steep tariffs on imported components manufactured abroad. Yahoo Finance's senior reporter Anjalee Khemlani looks at how AstraZeneca's latest US investment keeps pace with its big pharma rivals. Read more here
Yahoo
20 minutes ago
- Yahoo
Coke's New Cane-Sweetened Soda Risks Upending Sugar Supplies
(Bloomberg) -- After four decades drinking Coca-Cola sweetened with corn syrup, Americans are going to get the chance to buy the soda made from domestic cane sugar. But whether US farmers can meet that demand is unclear. Trump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in US Why the Federal Reserve's Building Renovation Costs $2.5 Billion Salt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom Milan Corruption Probe Casts Shadow Over Property Boom The High Costs of Trump's 'Big Beautiful' New Car Loan Deduction Coca-Cola Co. said Tuesday it will launch the new Coke variety this fall, a week after President Donald Trump said the company had agreed to start using the sweetener. The move is hardly an outlandish idea. In fact, Coke sold in other countries like Mexico is sweetened with cane sugar. And the company relied on cane sugar before switching to high fructose corn syrup around 1980. While the company will still be using corn syrup for original Coke, the addition of a domestic cane-based soda could help growers in Louisiana and Florida at a time when demand has been slow. However, a sustained bump in demand — especially if other companies follow Coca-Cola's lead — risks outstripping homegrown availability. US cane only makes up about 30% of overall domestic sugar supplies, according to the US Department of Agriculture. The rest comes from imports, which were about 2.2 million metric tons for the 2025-26 season, and American-grown sugar beets that perform better in colder climates. 'We have ways of trying to assist in new product launches, but mass usage — it would be very difficult for our industry to absorb that,' said Craig Ruffolo, a vice president at McKeany-Flavell, a broker of ingredients including sugar. A sugar supply shortfall would likely mean more cane imports from Mexico and Brazil, exposing American companies and consumers to higher prices just as they are facing market upheaval from Trump's tariffs. Cane sugar is more expensive than high-fructose corn syrup. On top of that, long-standing import tariffs mean US raw cane sugar futures are already more than double what the rest of the world pays. That price gap widened to a record on Tuesday. Foreign shipments can be costly, as decades-old US government policies limit how much sweetener can be cheaply shipped from other countries. That has long kept US sugar prices above that of the global market, even when lower-taxed imports under the US's limits and preferential shipments from Mexico were enough to keep the country amply supplied. In recent years though, the US has become even more reliant on record amounts of high-taxed imports after droughts impacted Mexican supplies. Trump's threat of a 50% tariff on Brazil also risks raising prices. If cane-sweetened Cokes are a success, higher demand would add to the pressure. Refined cane sugar cost more than 52 cents a pound in June, about 12% more than the high-fructose corn syrup used in Coke and nearly 50% more than beet sugar, according to the USDA. US refiners have some spare capacity to process more raw cane, but that will depend on imports and is still 'not going to be able to go on the scale of a mass distribution like a classic Coke,' said Ruffolo. Expansions to cane acreage are also limited. Louisiana's growth could be capped at 10%, while Florida doesn't have much more land for cane, he added. Coke has been working with cane sugar suppliers, and believes they will be able to bring enough supply to market if there is demand from consumers, Chief Executive Officer James Quincey said on Fox Business. RFK Jr.'s Push The new Coke product comes as Health and Human Services Secretary Robert F. Kennedy Jr. has railed against the prevalence of ultra-processed foods, which are generally more likely to use high-fructose corn syrup. The company's move, while an incremental shift away from corn, could open the door for other companies to follow suit. PepsiCo Inc. Chief Executive Officer Ramon Laguarta said last week that it would follow consumer preferences on sugar and other natural ingredients. Coca-Cola uses cane in other US products like lemonades and teas, and is looking to use 'the whole toolkit of available sweetening options to some extent where there are consumer preferences,' Quincey said on a Tuesday earnings call. The new Coke with US cane sugar is expected to be 'an enduring option for consumers,' he added. It is still unclear how much sugar these new products will require, said Claudiu Covrig, the lead analyst at Covrig Analytics. It could end up being a tiny segment with 'more publicity than real volume,' he said. But if US beverage companies shift significantly toward cane instead of high-fructose corn syrup, additional imports could range from 300,000 to 800,000 metric tons. (Adds analyst quote beginning in fifth paragraph.) Elon Musk's Empire Is Creaking Under the Strain of Elon Musk Burning Man Is Burning Through Cash A Rebel Army Is Building a Rare-Earth Empire on China's Border What the Tough Job Market for New College Grads Says About the Economy How Starbucks' CEO Plans to Tame the Rush-Hour Free-for-All ©2025 Bloomberg L.P. Sign in to access your portfolio
New York Post
21 minutes ago
- New York Post
FCC Chair rips Stephen Colbert after his show's abruptly canceled: He ‘clearly doesn't have it anymore'
FCC Chairman Brendan Carr ripped comedian Stephen Colbert after his late-night show was abruptly canceled, claiming that the veteran TV host 'clearly doesn't have 'it' anymore.' The head of the Federal Communications Commission is currently weighing a long-awaited deal between Skydance and CBS owner Paramount, which axed 'The Late Show with Stephen Colbert' and blamed it on purely 'financial reasons.' Oliver Darcy, the reporter behind the Status newsletter, said he texted Carr about rumors that he will approve the merger this Friday and received a late response from the chairman: 'Sorry. Missed your message. I was too emotional over the whole Colbert thing.' FCC Chairman Brendan Carr testifying before Congress. Getty Images When asked whether Colbert telling President Trump to 'go f–k yourself' during his show threatened the future of the deal, Carr reportedly replied: 'lol, no.' 'I think it's just sad. Colbert clearly doesn't have 'it' anymore – if he ever did. I don't know if it's from TDS (Trump Derangement Syndrome) or something else,' Carr told Darcy. 'He's paid millions of dollars to be funny and entertaining, and he's just not able to make it work. He's gotta feel bad about how the end is playing out.' CBS nodded to 'a challenging backdrop in late night,' but there's been speculation that the end of Colbert's 'Late Show' was part of the network's recent $16 million settlement with Trump over a heavily-edited '60 Minutes' interview with Kamala Harris. There had been concerns that not settling Trump's lawsuit could halt the Skydance merger. Trump said Tuesday that he expects to receive a total of $36 million, including an additional $20 million from Skydance once it takes control of Paramount, confirming an exclusive report by The Post. Skydance did not immediately respond to requests seeking confirmation of this figure. Stephen Colbert on CBS' 'The Late Show.' CBS via Getty Images Celebrities and late-night hosts, including Jon Stewart, were quick to accuse CBS executives of capitulating to political pressure from Trump. 'The partisan left's ritualist wailing and gnashing of teeth over Colbert is quite revealing,' Carr wrote in a post on X Tuesday. 'They're acting like they're losing a loyal DNC spokesperson that was entitled to an exemption from the laws of economics.' Paramount and CBS News did not immediately respond to The Post's requests for comment. News of the cancellation seems to have boosted Colbert's appeal for the time being, as last Thursday's episode drew 3.08 million viewers – making it the show's most-watched so far this year, according to LateNighter, a news site covering late-night television.
