Canada will retaliate if US imposes tariffs, says Carney
Canada will retaliate if the U.S. imposes tariffs, Prime Minister Mark Carney warned on Tuesday.
Canada's Finance Minister Chrystia Freeland resigned unexpectedly, citing a policy disagreement with Prime Minister Justin Trudeau over his plans for increased government spending. Her departure happens just hours before presenting a crucial economic update.
Canada’s Finance Minister Chrystia Freeland unexpectedly resigned due to disagreements with Prime Minister Justin Trudeau, criticizing his proposed spending increases as "political gimmicks."
Her resignation came just hours before she was scheduled to present a fall economic update, which was expected to reveal a larger-than-anticipated budget deficit for 2023/24 under the minority Liberal government.
Freeland, 56, who also served as deputy prime minister, stepped down, leaving Trudeau without an important ally in his cabinet as polls suggest his party may face a heavy loss in the upcoming election.
In her resignation letter posted on X, Freeland stated, "For the last number of weeks, you and I have found ourselves at odds over the best path forward for Canada."
Freeland had served as finance minister since August 2020. Trudeau’s office did not immediately respond to her departure.
Reports indicated that Freeland and Trudeau had disagreed over proposals for temporary tax breaks and additional spending measures.
To fill the role, Trudeau appointed his close ally, Dominic LeBlanc, the public safety minister, who had recently joined him at a dinner with Donald Trump at Mar-a-Lago.
LeBlanc, after being sworn in, emphasized that he and Trudeau are prioritizing addressing the rising cost of living for Canadians and strengthening ties with Trump on issues like border security and economic policies.
Aid groups in Myanmar’s worst-hit areas urgently need shelter, food, and water after a devastating 7.7 magnitude earthquake killed over 2,700 people. Rescue efforts face challenges due to ongoing civil war, damaged infrastructure, and restricted aid access, with the toll expected to rise.
Russian forces carried out a drone attack on Ukraine’s second-largest city, Kharkiv, late Wednesday, injuring at least twenty one people and causing structural damage, according to Ukrainian officials.
French far-right leader Marine Le Pen was banned from running for public office for five years after being convicted of embezzlement, ruling her out of the 2027 presidential race. She received a four-year prison sentence, with two years suspended, and a €100,000 fine. Le Pen plans to appeal.
Apple marked its 49th anniversary by reaching a market capitalization of $3.3 trillion. Despite recent tech stock volatility, Apple's shares surged 28% in 2024.
The Armenian armed forces attempted three reconnaissance drone flights over Azerbaijan Army positions near Gerenzur, but all were successfully intercepted. Meanwhile, Armenian units repeatedly fired on Azerbaijani positions from multiple regions, escalating tensions in the area.
Russian President Vladimir Putin has received President of Republika Srpska Milorad Dodik at the Kremlin on Tuesday night. He arrived in Moscow after a court in Bosnia and Herzegovina issued an international arrest warrant for Dodik, the leader of the Serb half of the country.
Elon Musk has reclaimed his position as the world's richest individual, surpassing Bernard Arnault on Forbes' 39th Annual Billionaires list, while President Donald Trump has seen his wealth more than double, highlighting significant shifts in the global financial landscape.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 2nd, covering the latest developments you need to know.
Oliver Stone and James DiEugenio testified before the U.S. House on April 1, 2025, urging a reopening of the investigation into John F. Kennedy's 1963 assassination, citing new documents and inconsistencies in the official account.
The White House confirmed on Tuesday that President Donald Trump will impose a new wave of tariffs on Wednesday, escalating fears of a deepening global trade war. The announcement, set for 4 p.m. ET in the Rose Garden, marks the culmination of weeks of warnings and speculation.
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