European stocks fall as Trump tariff threats rattle markets
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening i...
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.
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.
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.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
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.
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.
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.
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.
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