China imposes 75.8% provisional tariff on Canadian canola in trade dispute
China has set a preliminary anti-dumping duty of 75.8% on Canadian canola imports from Thursday, escalating a trade row that began after Ottawa impose...
U.S. President Donald Trump confirmed on Tuesday that weapons are already being shipped to Ukraine amid the ongoing conflict. He also said there is no rush to engage in talks with Iran over its nuclear programme.
Speaking to reporters after arriving at Joint Base Andrews, Trump said he has not spoken to Russian President Vladimir Putin since the threat of sanctions against Russia were announced on Monday. He has criticized Putin for not living up to claims of wanting peace.
When asked about the Patriot Missiles for Ukraine, Trump said “They're already being shipped.”
He added “They're coming in from Germany and then replaced by Germany. And in all cases, the United States gets paid back in full. So what's happening, as you know, is the European Union, if you look, mostly European Union stuff, but let's put it in the form of NATO, it's very similar, but NATO's going to pay us back for everything. In some cases, we're going to be paid back by countries of the European Union directly. We're always getting our money back in full."
Meanwhile, he also said that Tehran was hoping to engage in discussions with the United States.
"They would like to talk. I'm in no rush to talk because we obliterated their site," Trump told reporters after his arrival in Washington after a trip to Pittsburgh, referring to U.S. strikes on Iranian nuclear sites last month.
Trump also indicated that Treasury Secretary Scott Bessent is a possible candidate to replace Federal Reserve Chairman Jerome Powell, whose term ends next year, though he praised Powell’s current job.
On trade, Trump said he plans to release tariff letters soon for smaller countries and suggested a uniform tariff rate of “probably over 10%” could be set on certain imports.
He also said the Vietnam trade deal is “pretty well set,” signaling progress in economic relations.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
France, Germany and the UK have told the United Nations they are prepared to reinstate sanctions on Iran unless it returns to talks over its nuclear programme, the Financial Times reported.
Indian Prime Minister Narendra Modi is expected to visit the United States next month to attend the United Nations General Assembly, where he may hold talks with President Donald Trump, according to the Indian Express.
Russian President Vladimir Putin held a phone conversation with North Korean leader Kim Jong Un on Tuesday, informing him about his scheduled meeting with U.S. President Donald Trump in Alaska later this week, according to the Kremlin.
A lawyer for California told a federal judge on Tuesday (12 August) that the Trump administration’s use of National Guard troops in Los Angeles during immigration enforcement operations was illegal, violating the Posse Comitatus Act (PCA), which restricts military involvement in civilian policing.
Brazil’s President Luiz Inacio Lula da Silva announced on Tuesday a $5.55 billion credit plan to support exporters affected by recent U.S. tariff hikes, with additional backing through government purchases expected.
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