On Friday, Canada is set to announce the removal of numerous retaliatory tariffs on American goods as a goodwill gesture to re-energise trade talks with Washington, a source told reporters.
The tariffs on U.S. autos, steel and aluminum will remain in place for now due to ongoing sensitivities. Prime Minister Mark Carney is expected to make the announcement at a press conference.
The development boosted the Canadian dollar, which rose 0.5% to C$1.3837 per U.S. dollar (72.27 U.S. cents) by late morning.
Ottawa has been negotiating with Washington for months on a new economic and security framework, though the two sides remain far from reaching a deal.
Carney spoke with U.S. President Donald Trump on Thursday in what his office described as a “productive” conversation, the first since June. His office did not comment further on Friday’s planned announcement.
Tajikistan tripled fuel imports from neighbouring Central Asian countries in July after deliveries from Russia declined sharply, underscoring how disr...
Morocco has expressed its readiness to work with Spain and other European partners to identify and return unaccompanied minors following the mass arri...
U.S. President Donald Trump said negotiations to reopen the Strait of Hormuz are progressing and suggested an agreement with Iran could be reached “...
U.S. President Donald Trump said there was an "all-day negotiation" on Tuesday with Iran, characterising the talks positively while also threatening to hit Iran "really hard" if a deal was not reached.
Shipping traffic through the Strait of Hormuz and the Bab el-Mandeb Strait, two key maritime chokepoints in the region, decreased significantly from the previous day, according to shipping data.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 6th of August, covering the latest developments.
U.S. President Donald Trump said negotiations to reopen the Strait of Hormuz are progressing and suggested an agreement with Iran could be reached “soon”.
Kazakhstan’s main oil export corridor was disrupted by drone strikes near Russia’s Black Sea coast in July, forcing a temporary suspension of crude loadings and raising fresh concerns over the vulnerability of regional energy infrastructure to the war in Ukraine.
Italy is considering Armenia as a possible location for a migrant reception or repatriation centre, according to media reports.
Uzbek exporters say repeated disruptions to Wildberries' logistics network in Russia have slowed deliveries and affected overseas sales, prompting the government to hold talks with the online marketplace's management.
Thailand's prime minister has pledged to introduce tougher gun laws after a school shooting outside Bangkok left at least eight people dead, including the suspected teenage gunman.
Morocco has expressed its readiness to work with Spain and other European partners to identify and return unaccompanied minors following the mass arrival of tens of thousands of migrants Ceuta last week.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 7th of August, covering the latest developments.
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