China’s Belt and Road Initiative hits record $213bn in 2025
China’s Belt and Road Initiative recorded its strongest year since launch in 2025, with Chinese investment a...
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
President Donald Trump has announced a sweeping 35% tariff on all Canadian imports, set to take effect on August 1. The move, shared via a letter on his social platform, is being justified on national security grounds, with Trump accusing Canada of failing to stop fentanyl smuggling into the United States and maintaining unfair trade practices.
The tariff decision has sparked concern in Ottawa. Prime Minister Mark Carney responded by reaffirming Canada’s efforts to curb synthetic drug trafficking, including a $950 million investment in border enforcement and the appointment of a national anti-fentanyl coordinator. However, he also signalled readiness to negotiate, stressing that Canada will defend its economic interests.
Markets reacted swiftly, with U.S. stock indices slipping and trade analysts warning of supply chain disruptions. The move may also test the limits of the USMCA trade agreement, as legal questions arise over the use of national security exemptions.
Trump has hinted at similar tariffs for other countries lacking trade deals with the U.S., raising the prospect of broader trade conflicts in the coming weeks.
The U.S military said it carried out retaliatory strikes on Iran on Thursday (7 May). Meanwhile, Iran's Joint Military Command accused the U.S. of breaching the ceasefire, by striking an Iranian oil tanker in the Strait of Hormuz and launching attacks on several Iranian cities.
U.S. President Donald Trump said that Iran wanted to negotiate and make a deal in comments to reporters on Wednesday (6 May). But earlier, he warned Washington would ramp up attacks if no agreement was reached.
Argentinian authorities are reconstructing the journeys of Dutch citizens who presented with symptoms of deadly hantavirus after visiting Argentina and Chile as part of a luxury cruise trip, the country's Health Ministry said in a statement on Wednesday (6 May)
The 61st Venice Biennale has opened under grey skies and political tension, with disputes over Russia and Israel, resignations on the jury, and protests marking the start of one of the art world’s most high-profile events.
Latvian authorities said two drones entered NATO member Latvia from Russian territory and crashed on Thursday morning, with officials linking them to Ukraine’s wider drone operations against targets in Russia.
China’s Belt and Road Initiative recorded its strongest year since launch in 2025, with Chinese investment and construction activity surging across Asia, Africa and the Middle East despite years of criticism that the programme was losing momentum.
Two Chinese-British dual nationals have been found guilty by a London court of spying for China. Chung Biu “Bill” Yuen, 65, and Chi Leung “Peter” Wai, 40, targeted prominent Hong Kong pro-democracy activists living in the UK, whom they referred to as “cockroaches.”
The World Health Organization (WHO) has confirmed five of eight suspected hantavirus cases linked to the luxury cruise ship MV Hondius. The U.N. health agency warned on Thursday (7 May) that more infections could emerge because of the virus’s long incubation period.
A group of Australian women and children detained for years in Kurdish-run camps in northeastern Syria due to links to Islamic State are expected to arrive in Australia on Thursday evening.
A South Korean appeals court on Thursday reduced former Prime Minister Han Duck-soo’s prison sentence from 23 years to 15 years over his role in ex-President Yoon Suk Yeol’s brief imposition of martial law in 2024.
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