Canada warns U.S. trade deal may need tariffs
Canadian Prime Minister Mark Carney says it’s unlikely his government can strike a tariff-free trade deal with the U.S....
Sweden announced its largest military aid package to Ukraine worth $1.6 billion to help Kyiv strengthen its position in peace talks. The package includes new equipment and financial donations for Ukraine's defense industry, with Sweden's total support since 2022 reaching 80 billion crowns.
Sweden announced a new military aid package to Ukraine worth 16 billion crowns ($1.59 billion) on Monday, the biggest package to date from the Nordic country, saying it wanted to help Kyiv strengthen its position in talks on ending the war.
The bulk of the package, nine billion crowns, will consist of new equipment that will be purchased in processes led by the Swedish Defence Materiel Administration, Defence Minister Pal Jonson told a press conference.
Around five billion crowns will be financial donations for Ukraine's defence industry.
"We are now at a critical stage of the war. Our focus is now on supporting Ukraine as much as possible so that they can get into a position of strength during these negotiations," he said.
Jonson said all European countries now need to increase their support to Ukraine. "More need to do more."
Since taking office in January, U.S. President Donald Trump has sought to broker a ceasefire to end fighting in the three-year-old war in Ukraine.
Jonson, asked at the press conference if Europe has the financial and production capacity to take on more of the responsibility if the United States scales down, said: "I'm slightly more concerned with the defence industrial production than the financial resources."
"The EU alone has an economy eight times as big as Russia, so if there is a will, there is a way for extensive support. The limitation has been the defence industrial production in Europe which has been adapted to peacetime," he said.
The government has said Sweden will ramp up aid to Ukraine this year, boosting the 2025 budget allocation to 40 billion crowns from 25 billion projected earlier, to aid Kyiv's fight against Russian invasion.
Including the new package, Sweden's military support since 2022 totals 80 billion crowns.
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.
Authorities in North Carolina are investigating three potential storm-related deaths linked to severe flooding from the remnants of Tropical Storm Chantal, officials said Tuesday.
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China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Two student pilots were killed when two single-engine training aircraft collided mid-air in southern Manitoba, Canadian authorities confirmed on Tuesday.
U.S. President Donald Trump said on Tuesday that Ukrainian forces should not strike Moscow, rejecting reports that he approved long-range missile deliveries.
Canadian Prime Minister Mark Carney says it’s unlikely his government can strike a tariff-free trade deal with the U.S.
NATO Secretary General Mark Rutte is warning that major economies like Brazil, China, and India could face serious consequences if they continue trading with Russia, as the U.S. steps up pressure with fresh sanctions and weapons support for Ukraine.
The American leader stated that if an agreement between Russia and Ukraine is not achieved within that timeframe, "it will be very bad."
The European Union did not reach agreement on its 18th sanctions package against Russia on Tuesday, EU foreign policy chief Kaja Kallas confirmed following a meeting of foreign ministers in Brussels.
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