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Mark Carney and Claudia Sheinbaum discussed trade and investment ties on Tuesday, emphasizing the need to strengthen North American competitiveness while respecting national sovereignty.
On Tuesday, Canadian Prime Minister Mark Carney and Mexican President Claudia Sheinbaum held discussions on trade and investment relations between their nations. According to a statement from the prime minister’s office, both leaders stressed the importance of maintaining North America's economic strength while upholding each country's sovereignty.
Carney reaffirmed his commitment to countering unfair trade measures against Canada, safeguarding Canadian businesses and workers, and boosting the nation's economy through enhanced trade relations with Mexico.
Meanwhile, U.S. President Donald Trump is set to reveal his full trade policy agenda on Wednesday, which he has termed "Liberation Day." The policy is expected to introduce new protectionist measures.
Carney has previously warned Trump that Canada will impose retaliatory tariffs if U.S. trade actions threaten Canadian economic interests. The White House has stated that Trump's planned reciprocal tariffs aim to reduce the U.S. trade deficit and could take effect immediately.
Australia confirmed it will repatriate citizens from the MV Hondius cruise ship hit by a deadly hantavirus outbreak, with quarantine on arrival. Spain, France are evacuating nationals as three deaths are confirmed. In the U.S., two passengers have been isolated after testing positive for the virus.
U.S. President Donald Trump on Monday dismissed Iran’s response to a U.S. peace proposal as a “stupid proposal,” saying Tehran failed to commit to abandoning its pursuit of a nuclear weapon, while warning the fragile ceasefire was on “massive life support”.
Metropolitan Shio of Senaki and Chkhorotsku has been elected the 142nd head of the Georgian Orthodox Church at a meeting of clergy in Tbilisi following the death of longtime Patriarch Ilia II.
President Donald Trump called Iran’s response to a US war proposal “totally unacceptable” after Tehran sent its reply through mediator Pakistan, according to IRNA. Qatar’s al-Thani also warned Iran against using the Strait of Hormuz as “a pressure tool”.
A Turkish Airlines plane caught fire in its landing gear tyres after landing at Tribhuvan International Airport on Monday (11 May) morning, temporarily disrupting airport operations, officials said.
The Strait of Hormuz remains a vital maritime chokepoint and serves as the primary artery linking the Persian Gulf to international energy markets. With approximately 20% of global oil and gas shipments transiting this waterway, it is the backbone of energy security for Asia, Europe, and beyond.
China’s exports grew faster than expected in April, as overseas buyers moved quickly to secure supplies amid fears that the conflict involving Iran could drive up global energy and transport costs.
Asian stocks surged to record highs on 7 May as investors priced in growing hopes of a potential Middle East peace deal, while oil prices eased and the U.S. dollar weakened amid shifting global risk sentiment.
Stocks around the world climbed to fresh record highs on Wednesday (6 May), while oil prices fell sharply, after reports suggested the United States and Iran were nearing an agreement to end conflict.
U.S. President Donald Trump has said he will raise tariffs on cars and trucks imported from the European Union to 25% next week, up from the 15% level agreed last year, accusing the bloc of failing to comply with its trade commitments.
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