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Secretary Bessent Warns of ‘Boomerang’ Tariffs on August 1st
The Trump administration is signaling a pivotal shift on tariffs, with Treasury Secretary Scott Bessent.
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Donald Trump Releases Tariff Letters: Japan, South Korea To Face 25% Duties
Donald Trump Releases Tariff Letters: Japan, South Korea To Face 25% Duties
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Quebec’s changes to EV quotas for automakers a step backward, advocates say
The province is modifying its point system for zero-emission vehicles imposed on automakers to include non-rechargeable hybrids.
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Trump says to impose 25-pct tariffs on Japan, South Korea and other countries
U.S. President Donald Trump said Monday on social media that 25-percent tariffs will be imposed on imports from Japan and the Republic of Korea (ROK), respectively, beginning Aug.
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Nations warned: Sign deals or face steep tariffs
Just over three months ago, President Trump launched his boldest tariff offensive yet, announcing sweeping levies on goods from nearly every nation. Dubbed ‘Liberation Day,’ the plan aimed to ink 90 trade deals in 90 days. But within...
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Modi pushes for Global South leadership at BRICS
Prime Minister Narendra Modi is spotlighting India’s economic rise and its leadership ambitions for the Global South during his five-nation tour and appearance at the BRICS Summit. With pointed criticism of global double standards and a...
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BRICS leaders in Brazil condemn Israeli attacks on Gaza, criticise strikes on Iran
BRICS countries have been in disagreement over how strongly to denounce Israel’s bombing of Iran and its actions in Gaza.
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'Global South victim of double standards': Indian PM Modi at BRICS summit 2025
PM Narendra Modi said the Global South has been a victim of double standards when it comes to development, distribution of resources or security-related issues.
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Asian markets decline in early trade as US tariff deadline looms
Stocks declined and the dollar gained in a risk-averse start to the week, as President Donald Trump dialed up trade tensions saying the US will start issuing tariff letters to countries as soon as Monday.
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Markets slide as tariff deadline looms
Asian markets tumbled and oil prices fell below $68 as investors brace for the US tariff-pause deadline. With limited clarity on trade negotiations and opec boosting oil supply, global uncertainty is rattling investors just days before...
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Trump signs off on tariffs but what happens on August 1?
President Trump has signed letters confirming new tariffs on exports from 12 countries, with rates ranging from 10% to 70% and a potential start date of August 1. As global markets react and the EU scrambles to respond, we break down...
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Senegalese PM Sonko says international order is shifting to a more balanced, multilateral world
Senegalese Prime Minister Ousmane Sonko has expressed concerns about the erosion of international norms and the growing tendency of some powerful countries to unilaterally impose their own rules.
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US warns: Strike trade deals or face higher tariffs
The United States is once again turning up the pressure on its trading partners. U.S. Treasury Secretary Scott Bessent has announced that unless countries like Taiwan and those in the European Union reach trade agreements with Washington...
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BRICS summit in Brazil: Leaders condemn Israeli attacks on Gaza, criticise strikes on Iran
BRICS countries have been in disagreement over how strongly to denounce Israel’s bombing of Iran and its actions in Gaza.
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Ontario wine sales surge amid trade tensions with the U.S.
The LCBO pulled U.S. wines off its shelves earlier this year. It says since then, sales of Ontario-made wines have risen more than 60 per cent.
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IMF: Trade Tariffs Could Slow Sri Lanka's Economic Recovery
Sri Lanka’s economic recovery remains on track, but clouds are forming on the global horizon. The IMF has approved another $350 million disbursement under its ongoing bailout program, praising progress. But it also warns that global...
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New polls shows Europeans want tougher EU enforcement on Big Tech
French, German and Spanish participants to a YouGov survey called for stricter EU enforcements of digital regulations and consider Big Tech more powerful than the EU.
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Trump Announces New Trade Deal with Vietnam
President Trump has announced a new trade framework with Vietnam. The deal involves pausing reciprocal tariffs and agreeing to suspend duties on U.S. exports.
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Resumption of trade negotiations with the U.S. gives Sask. industries a little hope
Canada's trade negotiations with the United States are back on, but Saskatchewan businesses are skeptical that things will get back to normal anytime soon.
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Japan's auto industry faces uncertainty amid US tariff threats
US auto tariffs on Japan threaten recovery as firms face production shifts, rising trade war fears, and shaky US-Japan relations.
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US dollar plunges 10.8% in worst first half since 1973 amid Trump tariffs
In the opening half of 2025, the U.S. dollar dropped a dramatic 10.8%—its steepest decline in over five decades. The slump reflects investor concerns over President Trump’s aggressive tariff agenda, spiraling national debt, and mounting...
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Powell Blames Trump's Tariffs For Rate Delay
Federal reserve chair jerome powell finally hits back after repeated attacks by president donald trump on the fed to cut rates. Powell said on tuesday, trump's tariff plan prevented the fed from easing monetary policy. He said if not for...
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Scrapping digital service tax is part of U.S. negotiations, Carney says
Prime Minister Mark Carney said on Monday that scrapping the digital services tax was one part of the bigger trade negotiation with the U.S., though the White House said Carney ‘caved’ when trade talks were cancelled. Talks have since...
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Donald Trump Predicts Major India-US Trade Deal With Lower Tariffs Before July 9 Deadline Ends
US President Donald Trump has signaled that a game-changing India-US trade agreement is imminent. The deal is expected to slash tariffs and open Indian markets, allowing American businesses greater access. Meanwhile, India is holding...