Syrian President al-Sharaa makes landmark Visa payment as country reconnects with global financial system
A restaurant payment with a Visa card in Damascus has become a symbol of Syria’s reconnection with the global financial system....
U.S. Commerce Secretary Howard Lutnick announced on Sunday that tariffs on imports from Mexico and Canada are scheduled to go into effect on Tuesday. However, he indicated that the final tariff rates, which could reach a planned 25%, will be set by President Donald Trump and his team.
Speaking on the Fox News program Sunday Morning Futures, Lutnick described the situation as “fluid.” He explained that while tariffs are imminent, their precise levels will be determined through further negotiations by the president. Lutnick’s comments marked the first indication that the administration might reconsider imposing the full 25% tariff on all goods from Mexico and on non-energy imports from Canada.
The Commerce Secretary noted that both Mexico and Canada have “done a reasonable job” in securing their borders with the United States, even as challenges remain, particularly with the continued flow of fentanyl into the country. This assessment comes as the U.S. government grapples with broader trade and security issues along its borders.
Last week, President Trump had created some confusion by mentioning a potential April 2 deadline for these tariffs. However, he later reaffirmed the Tuesday deadline and announced plans to impose an additional 10% tariff on Chinese goods, effectively doubling the 10% duty that was put in place on February 4. Lutnick added that the new tariffs on Chinese imports would go into effect on Tuesday unless China takes steps to halt fentanyl trafficking into the United States.
As these trade measures move forward, industry observers and trading partners alike will be watching closely to see how the new tariffs affect U.S. trade relations and border security policies.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Rescuers in Nepal used helicopters on Thursday to scour for hundreds still missing after a wall of mud and rock collapsed into a river on the Himalayan border with China's Tibet, sending catastrophic floods through towns and valleys, killing 162 people.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Iranian President Masoud Pezeshkian has called for greater economic cooperation among Muslim countries, saying their combined economic weight remains disproportionately small compared with their population, strategic location and resources.
Ratko Mladić, the former Bosnian Serb military commander convicted of genocide for his role in the 1995 Srebrenica massacre, has died, according to a United Nations official.
A glacial collapse that triggered catastrophic flooding along the Nepal-Tibet border on Wednesday has killed at least 270 people, with more than 1,000 still missing. Here are some of the most devastating glacier-related disasters recorded around the world:
The UN Children’s Fund (UNICEF) says 3.7 million children across Afghanistan are suffering from acute wasting, a dangerous form of malnutrition, including around one million with severe acute malnutrition, as hospitals and aid services face rising demand and funding shortages.
Kremlin Spokesperson Dmitry Peskov has dismissed media reports that CIA Director John Ratcliffe visited Moscow earlier this week to warn Russia against attacking NATO, dismissing them as "scare stories," which had nothing to do with reality.
Icelanders will vote on Saturday, 29 August, on whether to resume negotiations with the European Union, in a referendum that could reopen the country’s long-debated membership question.
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