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.
More than 23,000 militants from about 20 international groups are currently operating in Afghanistan, posing a threat to regional and global security,...
Seven people were killed after gunmen ambushed a police patrol in Kohat, a district in Pakistan’s north-west near the Afghan border, on Tuesday, in ...
Kazakhstan says it's allocated $2.2 million to strengthen scientific monitoring of the Caspian Sea amid growing concern over falling water levels, bio...
Following the full-scale invasion of Ukraine on 24 February 2022, Western governments significantly expanded sanctions targeting Russia’s finance, e...
Robert Carradine, best known for his roles in The Long Riders, Revenge of the Nerds and the television series Lizzie McGuire, has died at the age of 7...
Canadian Prime Minister, Mark Carney, announced on 16 February that the Honourable Janice Charette has been appointed as the next Chief Trade Negotiator to the United States. She's been tasked with overseeing the upcoming review of the Canada-United States-Mexico Agreement (CUSMA).
Norway is holding a commanding lead in the medal standings with 12 golds and a total of 26, with Italy having an historic performance on home soil on the ninth day of the Milano-Cortina Winter Olympics on Sunday (15 February).
The U.S. House of Representatives narrowly backed a measure on Wednesday (11 February) disapproving President Donald Trump's tariffs on Canada, a rare rebuke of the president and leaders of his party in the Republican-majority House.
The suspect in a deadly school shooting in western Canada was an 18-year-old woman who allegedly killed her mother and stepbrother before attacking her former school. Investigators have not provided a motive for what is being described as one of the worst mass killings in Canada.
Italy said a fond farewell to the Winter Olympics on Sunday with an open-air ceremony in the ancient Verona Arena that celebrated art and sporting achievement at a Games lauded as a model for how to stage such events.
The United States and Iran will hold a new round of nuclear negotiations in Geneva on Thursday as part of renewed diplomatic efforts to reach a potential agreement, Oman’s Foreign Minister Badr Albusaidi announced on Sunday.
Further Iran-U.S. nuclear talks are scheduled in Geneva on Thursday (26 February) as diplomacy resumes over Tehran’s nuclear programme following earlier mediation efforts. But will the talks move Iran-U.S. negotiations closer to a deal, and what should be expected from the meeting?
Mexican authorities said on Sunday that Nemesio Oseguera Cervantes, known as El Mencho and head of the Jalisco New Generation Cartel (CJNG), was killed during a military operation in the western state of Jalisco.
The European Parliament’s trade chief has urged a temporary suspension of the EU–U.S. trade agreement approval, citing “tariff chaos” following President Donald Trump’s new 15% tariffs and a U.S. Supreme Court ruling invalidating his previous global tariff programme.
President Volodymyr Zelenskyy on Tuesday (24 February) urged Ukraine’s allies to maintain their backing as the war with Russia entered its fourth year, with divisions among European partners overshadowing anniversary commemorations.
Seven people were killed after gunmen ambushed a police patrol in Kohat, a district in Pakistan’s north-west near the Afghan border, on Tuesday, in an attack that comes amid rising militant violence and heightened tensions between Pakistan and Afghanistan.
Following the full-scale invasion of Ukraine on 24 February 2022, Western governments significantly expanded sanctions targeting Russia’s finance, energy, trade and technology sectors. The measures built on restrictions first imposed in 2014 following Russia's illegal annexation of Crimea.
Britain imposed its largest package of sanctions on Russia in years on Tuesday (24 February), marking the fourth anniversary of Moscow’s invasion of Ukraine, as London also announced fresh military and humanitarian support for Kyiv.
U.S. President Donald Trump’s new 10% global tariffs have come into effect, hours after the Supreme Court blocked many of his sweeping import taxes in a 6–3 ruling. Allies around the world are weighing possible retaliation, while markets brace for further upheaval.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment