Panama hit by 6.2-magnitude quake – no tsunami risk
A 6.2-magnitude earthquake has struck off the coast of Panama, according to the United States Geological Survey (USGS)...
U.S. Commerce Secretary Howard Lutnick announced on Sunday that tariffs on imports from Canada and Mexico will go into effect on Tuesday, though the exact rates remain uncertain.
Speaking on Fox TV’s Sunday Morning Futures, Lutnick noted that while the administration had previously planned a 25% tariff on most goods from these nations—except for energy products subject to a 10% tariff—the final decision will rest with President Donald Trump and his team.
“There are going to be tariffs on Tuesday on Mexico and Canada. Exactly what they are, we are going to leave that for the president and his team to negotiate,” Lutnick said, describing the situation as “fluid.” This latest development follows a month-long delay in implementing the originally scheduled tariffs.
Lutnick acknowledged that both Canada and Mexico have “done a reasonable job” securing their borders with the United States. However, he expressed concern over the continued flow of fentanyl into the country, a factor that may influence the administration’s decision on the final tariff levels.
The move comes amid broader trade discussions and ongoing debates over U.S. border security and international trade policies. Earlier, President Trump had indicated an intention to impose a uniform 25% tariff on most imported goods from Canada and Mexico, a policy shift that would mark a significant change in U.S. trade relations with its northern neighbors. Recent remarks also referenced earlier instances when lower tariffs were maintained, highlighting how shifts in trade policy have historically impacted relations with these countries.
As the deadline approaches, industry analysts and trading partners are watching closely to see how the administration’s revised approach will affect both bilateral trade and border security measures.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
An Italian court has placed LVMH group's high-end Italian cashmere firm Loro Piana under judicial administration for a year after allegedly uncovering worker abuse inside its supply chain, in the latest in a string of cases that have tainted the image of Italy's luxury brand
A Moscow court has ruled that the assets of U.S.-owned canned food company Glavprodukt be handed over to the Russian state, the TASS news agency reported late on Friday, ending a months-long legal tussle over the company.
U.S. shoppers spent a record $24.1 billion online between 8 and 11 July as 'Black Friday-in-summer' discounts sparked a 30 % year-on-year jump, according to Adobe Analytics.
According to a Wall Street Journal report on Saturday, SpaceX is investing $2 billion into xAI as part of a broader $5 billion equity funding round, strengthening the connection between Elon Musk’s various ventures.
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening investor confidence.
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