IMF board signs off on Pakistan review, keeps $7 billion program on track
The International Monetary Fund's (IMF) executive board approved Pakistan’s latest loan review on Monday, unlocking a critical $1.2 billion in finan...
U.S. Commerce Secretary Howard Lutnick said on Sunday that tariffs on Canada and Mexico will go into effect on Tuesday, but that President Donald Trump will determine whether to stick with the planned 25% level.
"That is a fluid situation," Lutnick told the Fox News program "Sunday Morning Futures."
"There are going to be tariffs on Tuesday on Mexico and Canada. Exactly what they are, we're going to leave that for the president and his team to negotiate."
Lutnick's comments were the first indication from Trump's administration that it may not impose the full threatened 25% tariffs on all goods from Mexico and non-energy imports from Canada.
He said the two countries have "done a reasonable job" securing their borders with the United States, though the deadly drug fentanyl continues to flow into the country.
Trump sowed confusion last week when he mentioned a possible April 2 deadline in connection with tariffs on Canada and Mexico, but later reaffirmed the Tuesday deadline and said he would add another 10% tariff on Chinese goods on Tuesday, effectively doubling 10% duties imposed on Feb. 4.
Lutnick said Trump is expected to raise tariffs on China on Tuesday unless the country ends fentanyl trafficking into the U.S.
A coup attempt by a “small group of soldiers” has been foiled in Benin after hours of gunfire struck parts of the economic capital Cotonou, officials said on Sunday.
A delayed local vote in the rural Honduran town of San Antonio de Flores has become a pivotal moment in the country’s tightest presidential contest, with both campaigns watching its results as counting stretches into a second week.
A powerful 7.5-magnitude earthquake struck northeastern Japan late on Monday, prompting mass evacuations and tsunami warnings along the coastline.
Lava fountains shot from Hawaii’s Kīlauea volcano from dawn to dusk on Saturday, with new footage showing intensifying activity at the north vent.
McLaren’s Lando Norris became Formula One world champion for the first time in Abu Dhabi, edging Max Verstappen to the title by just two points after a tense season finale.
The International Monetary Fund's (IMF) executive board approved Pakistan’s latest loan review on Monday, unlocking a critical $1.2 billion in financial support, ensuring that the country’s ongoing IMF program remains on track.
U.S. President Donald Trump announced on Monday that he would allow Nvidia to ship its H200 chips to approved customers in China and other countries, under conditions that prioritize national security concerns.
Lando Norris, fresh off securing his first Formula 1 world championship, has confirmed he will proudly race with the No. 1 on his McLaren in the 2026 season.
Several regions in southern and western Russia issued urgent warnings early Tuesday morning about the potential for drone attacks, prompting temporary flight suspensions and airspace closures across multiple areas.
U.S. President Donald Trump on Monday threatened to impose a 5% tariff on Mexico, accusing the country of violating a water-sharing treaty.
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