On Wednesday, U.S. President Donald Trump announced a 90-day pause in fully implementing his sweeping new tariffs, offering a 10% universal rate for many countries while talks continue.
But Mexico and Canada aren’t getting a break. The White House confirmed that U.S. tariffs on imports from its two North American neighbours — outside the USMCA trade pact — will remain in place. A 25% levy still applies to non-USMCA goods, and energy and potash from both countries continue to face a 10% duty.
Trump said the delay was driven by requests from over 75 countries seeking to negotiate. But he also used the moment to sharply escalate duties on China, raising tariffs to 125%, citing Beijing’s “lack of respect for global markets.”
The pause gives breathing room to some allies — but for North America, the pressure remains.
As the Dalai Lama turns 90, the question of his successor is drawing global attention — not just spiritually, but a deeply political one for China, ...
China’s resale home prices fell at an accelerated pace in June, deepening concerns about the country’s ailing property market and underscoring the...
The Asian Infrastructure Investment Bank (AIIB) and the Arab Fund have signed a memorandum of understanding to formalize a strategic partnership focus...
Azerbaijan's Interior Ministry has dismantled two criminal groups in Baku, detaining Russian nationals suspected of trafficking drugs from Iran and co...
German prosecutors have arrested a Danish citizen suspected of spying for Iran, reportedly gathering intelligence on Jewish individuals and sites in B...
As the Dalai Lama turns 90, the question of his successor is drawing global attention — not just spiritually, but a deeply political one for China, India, and the U.S.
China’s resale home prices fell at an accelerated pace in June, deepening concerns about the country’s ailing property market and underscoring the limited impact of recent government support measures, a private survey showed on Tuesday.
Azerbaijan's Interior Ministry has dismantled two criminal groups in Baku, detaining Russian nationals suspected of trafficking drugs from Iran and conducting cyber fraud operations.
German prosecutors have arrested a Danish citizen suspected of spying for Iran, reportedly gathering intelligence on Jewish individuals and sites in Berlin.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
China’s resale home prices fell at an accelerated pace in June, deepening concerns about the country’s ailing property market and underscoring the limited impact of recent government support measures, a private survey showed on Tuesday.
China’s manufacturing sector expanded in June for the first time in three months, according to a private-sector survey released Tuesday, signaling a modest recovery in domestic demand even as export pressures persist.
Two Azerbaijani men who died in Russian custody last week were beaten to death, according to forensic officials in Baku, deepening diplomatic tensions between Azerbaijan and Russia.
The G7 Foreign Ministers urge Iran to promptly resume full cooperation with the International Atomic Energy Agency (IAEA), in accordance with its safeguards obligations, and to provide the IAEA with verifiable information on all nuclear material in Iran, including granting access to IAEA inspectors.
Factory activity across much of Asia remained subdued in June as the uncertainty surrounding U.S. trade policy weighed heavily on manufacturing sentiment, even as some economies reported slight improvements in output.
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