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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An anonymous letter sent to Minval.az alleges that the Russian military ordered the strike on an AZAL flight downed near Grozny in December 2024, offering testimony, audio clips, and technical details that may aid ongoing investigations.
A senior figure in Russia’s defence establishment, Timur Ivanov, has been sentenced to 13 years in prison after being found guilty of corruption, amid an escalating crackdown on high-level misconduct.
As the Dalai Lama turns 90, the question of his successor is drawing global attention — not just spiritually, but a deeply political one for China, India, and the U.S.
China’s resale home prices fell at an accelerated pace in June, deepening concerns about the country’s ailing property market and underscoring the limited impact of recent government support measures, a private survey showed on Tuesday.
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.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
Concerns over new U.S. tariffs under President Donald Trump are weighing on global manufacturing, though June data show signs of resilience in countries like Japan, China, and Ireland.
The U.S. Department of Justice and FBI on Monday announced an arrest and indictments related to North Korea’s 'IT worker' program, through which North Koreans secured remote tech jobs at more than a 100 U.S. companies to steal money and data globally.
A senior figure in Russia’s defence establishment, Timur Ivanov, has been sentenced to 13 years in prison after being found guilty of corruption, amid an escalating crackdown on high-level misconduct.
As the Dalai Lama turns 90, the question of his successor is drawing global attention — not just spiritually, but a deeply political one for China, India, and the U.S.
Azerbaijan's Interior Ministry has dismantled two criminal groups in Baku, detaining Russian nationals suspected of trafficking drugs from Iran and conducting cyber fraud operations.
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