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.
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.
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.
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.
U.S. President Donald Trump’s inner circle is advising him against speaking with Russian President Vladimir Putin unless Russia commits to a full ceasefire in Ukraine, NBC News reported on Thursday, citing administration officials.
Kirill Dmitriev, Russian President Vladimir Putin’s investment envoy, is visiting Washington this week for talks with members of the Trump administration, sparking fresh speculation over behind-the-scenes diplomacy between Moscow and Washington.
A Russian drone strike hit residential buildings in Kharkiv late on Thursday, killing at least two people and injuring 32 others, Ukrainian officials said, as nightly attacks on the country's cities continue to mount.
In Sydney’s Bennelong, where Chinese Australians make up a large share of the electorate, the fight for votes is playing out on unexpected turf: Xiaohongshu.
The United States is relapsing into an old identity. In 2025, President Donald Trump revived the strategy that once defined the American economy — tariffs. For more than a century, from 1789 to 1913, tariffs powered U.S. government revenues and protected domestic industry.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment