Popular Post
Mass Shooting Rocks Toronto, Leaving Dozens Injured in Chaotic Scene
A mass shooting at a Toronto pub has left at least 12 people injured, according to police. The incident occurred near Progress Avenue and Corporate Drive in the Scarborough section of the city. The suspect, described as wearing a black balaclava and fleeing in a silver car, remains at large. Toronto Mayor Olivia Chow has expressed concern and confirmed that necessary resources have been deployed to investigate the incident. Read the full story here
Mexico Targets Near-Universal Export Compliance Following US Tariff Relief
Mexico is working to increase its compliant exports to 90% after receiving a tariff reprieve from the U.S. The country aims to achieve this goal by ensuring that its exports meet the required standards. The effort is focused on reducing non-compliant exports and increasing the overall quality of its exports, thereby strengthening its trade relationship with the U.S. and other countries, and promoting economic growth. Read the full story here
Canada Signals Readiness to Engage in Trade Talks with US and Address China’s Dumping Practices
Canada is prepared to engage in talks with the US regarding the USMCA trade agreement. The country's minister stated that they are open to discussions on various issues, including trade disputes with China. Canada's focus is on resolving dumping concerns related to Chinese imports, aiming to protect domestic industries and ensure fair trade practices. Read the full story here
Trump Expects Taiwan to Remain Safe from China Invasion Until End of Term
A US official has stated that President Trump is confident China will not invade Taiwan during his term. The official's statement comes amidst rising tensions between the US, China, and Taiwan. The US has maintained a complex relationship with Taiwan, with the US providing military aid to the island nation while also recognizing China's One China policy. Read the full story here
Canada Faces Trade Blow as China Slaps Tariffs on Rapeseed Oil and Pork Imports
China has imposed retaliatory tariffs on Canadian goods, including rapeseed oil and pork, in response to existing trade tensions. The move is expected to impact Canada's agricultural exports to China. China's decision to impose these tariffs is a significant development in the ongoing trade dispute between the two countries, with Canada's agricultural sector likely to be affected. Read the full story here
Canada Faces Chinese Backlash: Beijing Imposes Tariffs on Agricultural Exports
China has announced retaliatory tariffs on certain Canadian farm and food products. The tariffs are in response to existing trade tensions between the two countries. The move is expected to impact Canadian agricultural exports, with affected products including meat and seafood. The tariffs will be implemented in an effort to protect Chinese interests. Read the full story here
Foreign Visitors Beware: New US Registration Requirements Take Flight
Foreign nationals visiting the U.S. for more than 30 days must register with the government to avoid penalties. This new rule, part of the Protecting the American People Against Invasion executive order, applies to anyone who isn't a permanent resident, including Canadian snowbirds who travel to the U.S. for extended periods. Read the full story here
Ontario to Impose 25% Tariff on Electricity Exports to US Starting Monday
Ontario will impose a 25 per cent surcharge on electricity exports to 1.5 million Americans starting Monday, in response to U.S. President Donald Trump's tariffs. Premier Doug Ford stated that the surcharge is a direct result of the tariffs, and he will not back down until they are removed, adding that he wants to renegotiate the Canada-United States-Mexico free trade deal. Read the full story here
US Weighs Economic Blow: Massive Sanctions and Tariffs Loom Over Russia
US President Donald Trump has announced he is strongly considering large-scale sanctions and tariffs on Russia until a ceasefire and peace deal with Ukraine is reached. Trump's comments come after Russia's recent missile and drone attack on Ukraine's energy infrastructure, with the US President stating that Russia is "absolutely pounding Ukraine on the battlefield right now". Read the full story here
US Commerce Secretary Warns India: It’s Time to Reciprocate on Trade with Higher Tariffs
US Commerce Secretary Howard Lutnick stated that India and the US aim to create a great trade deal. Lutnick emphasized the need for India to reduce its tariffs and protections. Lutnick believes that a reciprocal policy is necessary, and that India should rethink its special relationship with the US to achieve a macro-level trade agreement. Read the full story here