U.S. President Donald Trump will postpone 25% tariffs on Canadian imports for at least 30 days, Canadian Prime Minister Justin Trudeau announced on Monday. The delay offers a temporary reprieve amid escalating trade tensions between Washington and Ottawa.
U.S. President Donald Trump has paused the planned 25% tariffs on Canadian imports for at least 30 days, Canadian Prime Minister Justin Trudeau confirmed in a post on platform X on Monday.
The delay comes after Trump threatened to impose tariffs as part of a broader effort to reshape U.S. trade relations. The tariffs, initially set to take effect on February 4, would have impacted key Canadian exports to the U.S..
Trudeau did not provide details on what led to the decision, and the White House has not issued a formal statement regarding the pause. However, the move provides temporary relief as trade tensions between Washington and Ottawa continue.
The tariff threat had already sparked warnings of economic disruption, with Canada preparing retaliatory measures against U.S. goods. It remains unclear whether the U.S. will proceed with the tariffs once the suspension expires or if further negotiations will take place.
For now, Canadian exporters and businesses have a temporary reprieve, but the uncertainty surrounding U.S.-Canada trade relations persists.
Uzbekistan and the State of Eritrea signed a Joint Communiqué on the establishment of diplomatic relations through their respective UN Missions....
China said it is ready to "continuously" boost strategic coordination with Moscow. Chinese Foreign Minister Wang Yi told Russian counterpart Sergey La...
U.S. Secretary of State Marco Rubio met Chinese Foreign Minister Wang Yi in Malaysia, calling the talks 'positive and constructive' despite growing te...
Russia’s health watchdog said on Friday it is monitoring an anthrax outbreak in Kazakhstan’s Akmola region, where two villages were quarantined af...
EBRD stated that Ukraine urgently needs new generation capacity after Russian attacks severely damaged its power sector, creating a significant shortf...
China said it is ready to "continuously" boost strategic coordination with Moscow. Chinese Foreign Minister Wang Yi told Russian counterpart Sergey Lavrov in Kuala Lumpur on Thursday that Beijing is prepared to help safeguard both countries’ security and development interests.
Russia’s health watchdog said on Friday it is monitoring an anthrax outbreak in Kazakhstan’s Akmola region, where two villages were quarantined after infections in cattle and local residents.
Belarus will play an active part in next month’s United Nations conference for landlocked developing countries in Turkmenistan, Foreign Minister Maksim Ryzhenkov told his Turkmen counterpart Rashid Meredov during a telephone call on Thursday.
Thirty PKK members, half of them women, publicly destroyed their guns on Friday in Iraq’s Sulaymaniyah province, the clearest sign yet that the outlawed group is moving to dismantle its four-decade armed campaign.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Archaeologists have uncovered a 3,500-year-old city in northern Peru that likely served as a key trade hub connecting ancient coastal, Andean, and Amazonian cultures.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
On July 4, Azerbaijani President Ilham Aliyev met with Turkish President Recep Tayyip Erdoğan in Khankendi, reaffirming the deep-rooted alliance between the two nations.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. restore punitive tariffs, a Reuters survey of economists indicates.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment