Global Affairs
Trump bans more Canadian imports as trade row escalates
Canadian Prime Minister Mark Carney said the decision to reduce the country’s dependence on the US as its biggest trading partner “will come at a cost”.
tariffs
Global Affairs
Trump threatens 50% tariffs on Canadian cars, trucks and steel from 2027
In a statement on Monday, President Trump accused Canada of “ripping off” the United States for years, claiming its tariffs on American farmers and agricultural products had contributed to a $60bn trade deficit.
Global Affairs
US Senate approves tough Russia sanctions bill targeting oil revenues
The legislation, passed on Friday, targets Russian officials, wealthy business leaders, financial institutions and the so-called shadow fleet of vessels accused of helping Moscow bypass restrictions on its oil exports. The bill will now move to the House of Representatives, although lawmakers will not vote on it until at least early September because Congress is currently on its summer recess.
Global Affairs
Brazil's Lula says he is 'in great shape' as he launches fourth term bid
Lula, a leftist titan of Latin American politics who is loved and despised in near-equal measure in Brazil, highlighted what he called his stamina and good health as he addressed a convention of his Worker's Party (PT) in Sao Paulo attended by around 3,000 people.
News
CS Kagwe calls out trade rules that keep Africa exporting raw produce
Speaking at the World Food Prize Foundation's DialogueNext Forum on Tuesday, Kagwe called on African countries to rethink their approach to agricultural exports and strengthen local processing industries before products reach international markets.
Global Affairs
Trump issues executive order threatening tariffs on nations trading with Iran
Although Trump has not commented directly on the order, he reiterated his stance on Iran’s nuclear program while speaking from Air Force One, saying the country must have "no nuclear weapons".
Global Affairs
Trump hikes tariffs on South Korean goods to 25 percent amid trade delays
South Korea said it had not received official notification of the tariff change and expressed a desire to hold immediate talks with Washington. Industry Minister Kim Jung-kwan, currently in Canada, is expected to travel to the United States soon to meet Commerce Secretary Howard Lutnick to discuss the matter.
Global Affairs
Trump warns US could face chaos if Supreme Court rejects tariffs
The president has repeatedly criticized the legal challenges against his trade measures, which argue that he overstepped his authority. On Truth Social, he delivered a blunt warning: "WE'RE SCREWED" if the court does not uphold his tariffs.
Global Affairs
Macron threatens tariffs on Chinese goods
He also stated that he still believes a negotiated solution is possible to address the trade deficit between the world’s second-largest economy and the European Union (EU).
Global Affairs
China accuses US of 'double standards' over new tariffs threat
In a statement, Beijing said the US has been overstretching the concept of national security and abusing export control to suppress Chinese companies.
Global Affairs
Trump to impose 100% tariff on Chinese goods as rare earth tensions rise
Financial markets immediately reacted to the escalating rhetoric, with the S&P 500 falling 2.7%, its sharpest decline since April.
Global Affairs
Trump unveils new tariffs on drugs, trucks, and cabinets to shield US manufacturers
Under the new measures, imported branded drugs will face a 100% tariff unless the producing company is building a manufacturing facility in the United States.