Canada is ready to retaliate if talks with Washington fail to reverse the U.S. decision to double tariffs on steel and aluminum imports, as President Trump's move adds pressure on global trade and pushes allies into urgent negotiations.
Canada warned it is ready to retaliate if talks with the U.S. fail to reverse President Trump’s decision to double tariffs on steel and aluminum imports. The new 50% tariffs took effect on Wednesday, hitting major U.S. trading partners - especially Canada and Mexico.
“We are in intensive negotiations with the Americans, and, in parallel, preparing reprisals,” Prime Minister Mark Carney told lawmakers.
Trump's tariff hike is part of his broader trade policy aimed at reducing the U.S. trade deficit and boosting domestic manufacturing. However, the Congressional Budget Office has warned the tariffs will hurt U.S. economic output.
The EU, also affected by the measure, reported some progress in ongoing trade talks with Washington. Both sides indicated further high-level discussions are expected soon.
Only the UK is currently exempt due to a preliminary trade deal reached during a temporary pause in broader U.S. tariffs.
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Fidan to meet his Iranian counterpart, top officials to discuss nuclear file, Gaza, trade: Ministry sources.
Venezuela's government condemned Trump's comments in a statement posted on Saturday afternoon (November 29), describing them as a "colonialist threat" against the country's sovereignty and incompatible with international law.
The suspect in a fatal shooting targeting two U.S. National Guard members in Washington, D.C., will be charged with first-degree murder following the death of one of the victims, media reports said on Friday.
U.S. Secretary of Defense Pete Hegseth visited sailors aboard the USS Gerald R. Ford aircraft carrier in the Latin American region on Thursday, amid a military buildup by President Donald Trump’s administration that has heightened tensions with Venezuela.
At least 153 people have been killed in Sri Lanka after landslides and flooding caused by Cyclone Ditwah, officials said on Saturday, with 191 others missing and more than half a million affected nationwide.
U.S. investigators have recovered the black box recorders from the wreckage of a UPS cargo plane that crashed in flames on takeoff in Louisville, Kentucky. At least twelve people died. The crash sent a wall of fire into an industrial corridor and forced the shutdown of the airport.
The Spanish agricultural sector has been placed on high alert following the confirmation that African Swine Fever (ASF) has resurfaced in the country for the first time in over thirty years.
The global recall of Airbus A320 aircraft has triggered widespread disruption across several major airlines, forcing flight cancellations in the United States, Japan, Australia and New Zealand.
McLaren's Oscar Piastri won the Qatar Grand Prix sprint race from pole position and for the third year in a row on Saturday (November 29) to trim teammate Lando Norris's Formula One championship lead to 22 points.
Ukrainian naval drones hit two sanctioned tankers in the Black Sea as they headed to a Russian port to load up with oil destined for foreign markets, an official said on Saturday, as Kyiv tries to pile pressure on Russia's vast oil industry.
Moldovan authorities said on Saturday that Russian drones had entered the country's airspace, posing a threat to aviation, in the third such incident in nine days.
Fidan to meet his Iranian counterpart, top officials to discuss nuclear file, Gaza, trade: Ministry sources.
Venezuela's government condemned Trump's comments in a statement posted on Saturday afternoon (November 29), describing them as a "colonialist threat" against the country's sovereignty and incompatible with international law.
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