Canadian Prime Minister Mark Carney says Trump’s auto tariffs mark a permanent shift in Canada’s relationship with the U.S.
Canadian Prime Minister Mark Carney has declared that the country's traditional relationship with the United States—rooted in economic integration and close security and military cooperation—is over.
Speaking in Ottawa following a cabinet meeting, Carney said Canadians must fundamentally reimagine the economy in response to U.S. President Donald Trump's tariffs.
Trump announced Wednesday that imported vehicles and vehicle parts would be hit with a 25% tax.
Carney said Canada would respond with retaliatory tariffs designed to have "maximum impact" on the U.S.
The planned 25% levy, set to take effect next week, poses a serious threat to Canada’s auto industry, which directly employs an estimated 125,000 people and supports nearly 500,000 more in related sectors.
Following Trump's announcement, Carney paused his campaign ahead of Canada’s April 28 election to return to Ottawa for a cabinet meeting focused on trade war strategy.
He called the auto tariffs "unjustified" and said they violate existing trade agreements between the two countries.
Carney also warned that Trump has permanently altered U.S.-Canada relations, and that, regardless of any future trade deals, there is no going back.
China’s pivot away from U.S. liquefied petroleum gas under new tariffs is shaking global energy flows, slashing demand, and fuelling a scramble for alternatives across Asia, with Middle Eastern suppliers and rival buyers seizing the moment.
China has ordered its airlines to suspend further deliveries of Boeing jets in response to the United States' decision to impose 145% tariffs on Chinese goods, according to a Bloomberg News report on Tuesday.
Markets fled to safety Thursday as Trump escalated tariffs on China to 125%, triggering a surge in gold, yen, and bonds. Despite a brief equity rally, investor confidence in U.S. trade policy and the dollar continues to erode.
Gold prices rose on Tuesday, driven by escalating trade tensions between the U.S. and its major trading partners, along with a softer U.S. dollar. Spot gold gained 1% to $3,013.34, recovering from recent lows, while U.S. futures climbed 1.9%, reaching $3,028.40.
A global trade war, sparked by U.S. President Donald Trump, intensified earlier this month after he announced sweeping tariffs on most U.S. imports, stoking fears of a recession, sending jitters across global financial markets and drawing condemnation from leaders around the world.
Russia and Iran have signaled their commitment to deepen energy cooperation by working on new overland gas corridors, according to a statement from the Russian Cabinet.
Pakistan shut the Wagah border, expelled Indian defence attachés and warned of war over water on Friday after rejecting India’s move to suspend the Indus Waters Treaty.
Citing sustained cross-border terrorism and a recent deadly attack in Jammu and Kashmir, India has decided to suspend the Indus Waters Treaty with Pakistan, a decision that marks a significant shift in regional water diplomacy.
President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across the economy.
The 17th Summit of the Economic Cooperation Organization (ECO) is set to be held in Khankendi, Azerbaijan, said Rovshan Mirzayev, Deputy Head of the Economic Cooperation Department of Azerbaijan’s Ministry of Foreign Affairs.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
China’s pivot away from U.S. liquefied petroleum gas under new tariffs is shaking global energy flows, slashing demand, and fuelling a scramble for alternatives across Asia, with Middle Eastern suppliers and rival buyers seizing the moment.
Pakistan shut the Wagah border, expelled Indian defence attachés and warned of war over water on Friday after rejecting India’s move to suspend the Indus Waters Treaty.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 25th, covering the latest developments you need to know.
Russia said its air defences shot down 87 Ukrainian drones over four border regions early Thursday, while simultaneous missile-and-drone strikes on Kyiv left at least 12 people dead and more than 100 injured.
Indonesia is pressing for a “fair and square” trade deal with Washington, senior ministers said, as Jakarta hustles to head off a 32 % U.S. tariff by offering to boost American imports by up to $19 billion while safeguarding its own economic interests.
Brazil's Supreme Court has ordered the arrest of former President Fernando Collor de Mello after rejecting his appeals against a corruption conviction, with a ruling from 2023 sentencing him to nearly nine years in prison for money laundering and bribery.
Russia and Iran have signaled their commitment to deepen energy cooperation by working on new overland gas corridors, according to a statement from the Russian Cabinet.
Pakistan shut the Wagah border, expelled Indian defence attachés and warned of war over water on Friday after rejecting India’s move to suspend the Indus Waters Treaty.
Citing sustained cross-border terrorism and a recent deadly attack in Jammu and Kashmir, India has decided to suspend the Indus Waters Treaty with Pakistan, a decision that marks a significant shift in regional water diplomacy.
President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across the economy.
The 17th Summit of the Economic Cooperation Organization (ECO) is set to be held in Khankendi, Azerbaijan, said Rovshan Mirzayev, Deputy Head of the Economic Cooperation Department of Azerbaijan’s Ministry of Foreign Affairs.
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