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.
Two spectators were killed and another seriously injured on Saturday when a rally car veered off the road during a race near Ambert in France’s Puy-...
China announced on Saturday its intention to establish a global organisation aimed at fostering international cooperation on artificial intelligence (...
Beijing has issued a geological disaster alert for most of the city after intense rainfall triggered fears of landslides and flash floods. Nearby Baod...
Australia has signed a long-term defence treaty with Britain to deepen cooperation on the AUKUS nuclear submarine initiative over the next 50 years, t...
Two spectators were killed and another seriously injured on Saturday when a rally car veered off the road during a race near Ambert in France’s Puy-de-Dome region, local authorities said.
China announced on Saturday its intention to establish a global organisation aimed at fostering international cooperation on artificial intelligence (AI), positioning itself as a counterbalance to the United States in the global AI race.
Beijing has issued a geological disaster alert for most of the city after intense rainfall triggered fears of landslides and flash floods. Nearby Baoding saw more than a year's worth of rain fall in just eight hours, displacing thousands and breaking historical records.
Australia has signed a long-term defence treaty with Britain to deepen cooperation on the AUKUS nuclear submarine initiative over the next 50 years, the government announced on Saturday.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
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.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
Two spectators were killed and another seriously injured on Saturday when a rally car veered off the road during a race near Ambert in France’s Puy-de-Dome region, local authorities said.
China announced on Saturday its intention to establish a global organisation aimed at fostering international cooperation on artificial intelligence (AI), positioning itself as a counterbalance to the United States in the global AI race.
Beijing has issued a geological disaster alert for most of the city after intense rainfall triggered fears of landslides and flash floods. Nearby Baoding saw more than a year's worth of rain fall in just eight hours, displacing thousands and breaking historical records.
Australia has signed a long-term defence treaty with Britain to deepen cooperation on the AUKUS nuclear submarine initiative over the next 50 years, the government announced on Saturday.
Pakistani FM Ishaq Dar said that Pakistan and the United States are 'very close' to finalising a trade agreement, suggesting the deal could be reached within days. However, U.S. officials made no mention of a specific timeline following Dar’s meeting with Secretary of State Marco Rubio.
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