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President Trump pauses tariffs on Mexico and Canada after high-level talks

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Agreements with Mexico’s President and Prime Minister Trudeau Temporarily Halt New Levies Amid Border Security Concessions

President Donald Trump announced that he has agreed to “immediately pause” planned tariffs on Mexico and Canada following separate high-stakes discussions with their leaders.

The decision comes after Trump spoke with Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau, securing commitments aimed at addressing U.S. concerns over border security and fentanyl trafficking.

The pause on Mexican tariffs will last for one month, while Canadian imports will be spared additional levies for 30 days.

The reprieve with Canada followed a Monday phone call just hours before 25% tariffs were set to take effect.

In a post on X, Prime Minister Trudeau revealed that Canada will implement a $1.3 billion border security plan, appoint a national “fentanyl czar,” and deploy nearly 10,000 personnel focused on enhancing border protection.

Additionally, Canada will reinforce its borders with advanced technology, helicopters, and improved coordination with U.S. authorities.

These moves are seen as key concessions to temporarily stave off economic penalties.

While the tariff pause offers short-term relief to businesses and consumers, questions remain about the long-term future of U.S. trade policy.

The Trump Administration’s broader approach to tariffs continues to spark debate, with potential economic ripple effects looming if further agreements aren’t reached.

 

 

 

 

 

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Global EV shake-up: Australia slows, China surges, Lexus teases supercar

Australia’s EV market slows, sales below 100,000; Costello discusses barriers and climate goals in latest Ticker episode.

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Australia’s EV market slows, sales below 100,000; Costello discusses barriers and climate goals in latest Ticker episode.


Australia’s electric vehicle market is facing a slowdown, with sales struggling to hit the 100,000 mark this year.

Mike Costello from Cox Automotive breaks down the key barriers slowing adoption and explains whether current growth is enough to meet the country’s climate goals.

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#EVNews #ElectricCars #AustraliaEV #ChinaEV #LexusLFA #Zeekr7X #SustainableTransport #EVMarket


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Lando Norris claims first F1 World Championship after dramatic Abu Dhabi showdown

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Lando Norris secures his first F1 World Championship at Abu Dhabi, becoming Britain’s 11th World Champion with 423 points.


Lando Norris has clinched his maiden Formula 1 World Championship after an electrifying finale at the Abu Dhabi Grand Prix. In a race packed with tension, Norris held onto third place — the exact result he needed to secure the title.

His performance not only sealed his first championship but also cemented him as Britain’s 11th F1 World Champion, marking a historic moment for McLaren and the sport.

Norris closed out the season with 423 points, marking a defining milestone in his career.

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#Formula1 #F1News #LandoNorris #MaxVerstappen #OscarPiastri #AbuDhabiGP #McLarenF1 #TickerNews


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China naval activity raises tensions from Philippines to Galápagos

Rising tensions in the South China Sea prompt expert insights on regional security and global trade implications.

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Rising tensions in the South China Sea prompt expert insights on regional security and global trade implications.


Tensions in the South China Sea are rising as Chinese naval and fishing vessels are spotted near the Philippines and even as far as the Galápagos Islands. Experts warn these movements could impact regional security and international waters.

We speak with Tim Harcourt from UTS to break down the significance of these developments, including the role of Taiwan, ASEAN, and Japan in responding to Chinese maritime activity.

From potential diplomatic fallout to economic implications, this interview dives into what these naval movements mean for the future of the region and global trade.

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#ChinaNaval #SouthChinaSea #Geopolitics #Philippines #Galapagos #MaritimeTensions #InternationalRelations #TickerNews


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