Trump secures deal for 15% tariff on South Korean imports
The U.S. will impose a 15% tariff on imports from South Korea under a new trade deal that also includes a $350bn (about £264bn) South Korean investme...
Canadian Prime Minister Mark Carney and U.S. President Donald Trump agreed Monday to work toward finalizing a new economic and security deal within 30 days, despite ongoing disagreements over tariffs.
The announcement followed their meeting at the G7 Leaders' Summit in Alberta, where Trump reiterated his support for tariffs, calling himself "a tariff person". Canada, the top supplier of steel and aluminium to the U.S., faces tariffs on these metals and auto exports, which remain a sticking point in negotiations.
Carney, elected on a promise to oppose Trump’s tariffs, has pushed for a deal that eliminates trade barriers. His office confirmed the timeline for the agreement but declined to clarify whether Canada had accepted the continuation of some U.S. tariffs.
Optimism for a quick resolution has waned recently, with Canadian officials noting the U.S. appears in no rush. Canada’s ambassador to Washington, Kirsten Hillman, emphasized the goal of a tariff-free agreement but acknowledged talks are ongoing.
Trump suggested the tax hikes must remain part of any deal, stating, “I have a tariff concept. Mark has a different concept. We're going to see if we can get to the bottom of it."
Negotiations will proceed as both nations strive to reach an agreement within the 30-day timeframe.
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.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
The U.S. and Pakistan have reached an agreement that includes reduced tariffs for Pakistan and U.S. assistance in developing the country's oil reserves, officials confirmed.
The U.S. will impose a 15% tariff on imports from South Korea under a new trade deal that also includes a $350bn (about £264bn) South Korean investment in the U.S., President Donald Trump has announced.
Canada plans to recognize the State of Palestine at the UN General Assembly in September, Prime Minister Mark Carney announced Wednesday, joining France and the UK in ramping up pressure on Israel.
U.S. President Donald Trump has announced sweeping 50% tariffs on Brazilian imports, citing concerns over judicial overreach and human rights violations. Yet major economic sectors were spared, following weeks of negotiations and lobbying from businesses on both sides.
An estimated 80,000 children are vulnerable to cholera in West and Central Africa amid ongoing outbreaks and the onset of heavy rains, according to the United Nations.
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