News
Trump imposes tariffs on Canada, Mexico, China imports
Trump imposes tariffs on Mexico, Canada, China, citing drug flow and immigration issues; retaliatory tariffs initiated by Mexico.
Trump imposes tariffs on Mexico, Canada, China, citing drug flow and immigration issues; retaliatory tariffs initiated by Mexico.
US President Donald Trump has signed an executive order imposing tariffs on imports from Mexico, Canada, and China.
This move aims to fulfil a campaign promise and may lead to higher prices for American consumers.
The tariffs include a 25 per cent duty on imports from Mexico and Canada, with a 10 per cent tariff on all Chinese imports, excluding Canadian energy.
The order is issued under the International Emergency Economic Powers Act and could escalate if these countries retaliate.
Trump cites the need to curb fentanyl trafficking and illegal immigration as reasons for the tariffs.
Canadian Prime Minister Justin Trudeau
Retaliatory strike
In response, Mexico has announced its own tariffs on US imports.
Mexican President Claudia Sheinbaum rejected claims of collaboration with criminal organisations and called for better US action against drug demand.
Meanwhile, Canadian officials, including Prime Minister Justin Trudeau, have vowed to respond to the tariffs.
Concerns have been raised by various trade groups, with warnings that the tariffs will increase consumer prices and disrupt supply chains.
Many economists doubt the effectiveness of tariffs, viewing them as an inefficient means of achieving economic goals.
Importantly, tariffs are typically paid by American companies, leading to higher costs passed on to consumers, potentially exacerbating inflation.
Trump’s administration is also considering more tariffs on additional imports, indicating that tariffs may remain a significant aspect of economic policy.
News
U.S. – India trade deal cuts tariffs and reshapes global energy flows
US cuts tariffs on Indian goods to 18%; India reduces Russian oil imports and enhances US energy purchases.
US cuts tariffs on Indian goods to 18%; India reduces Russian oil imports and enhances US energy purchases.
The United States has reduced tariffs on Indian goods to 18 percent following a landmark trade agreement. This move comes after months of trade tensions between the two nations and is seen as a major win for India’s economy.
Under the deal, India will end its purchases of Russian oil while increasing imports of U.S. energy and other products. Prime Minister Narendra Modi praised the agreement, saying it will strengthen India’s economic growth and global trade relationships.
Following the announcement, U.S.-listed shares of major Indian companies have seen positive movement, signalling investor confidence in the trade deal.
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News
Iran orders nuclear talks with the U.S. as tensions rise at home and abroad
Iran seeks nuclear talks with the U.S. in Turkey, amid concerns over missiles, uranium, and domestic unrest.
Iran seeks nuclear talks with the U.S. in Turkey, amid concerns over missiles, uranium, and domestic unrest.
Iran’s President has ordered the resumption of nuclear negotiations with the United States, with talks expected to take place in Turkey in the coming weeks.
Iran’s Foreign Ministry says regional countries will help facilitate the discussions, signalling a renewed diplomatic push after years of stalled engagement and rising tensions.
Despite the move, officials warn the talks won’t be easy, with deep disagreements still unresolved on both sides.
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News
Trump responds as Kristi Noem mandates body cameras for federal officers in Minneapolis
Trump advocates body cameras for police to prevent false claims; Noem mandates all federal officers in Minneapolis to wear them.
Trump advocates body cameras for police to prevent false claims; Noem mandates all federal officers in Minneapolis to wear them.
Homeland Security Secretary Kristi Noem has ordered body cameras for all federal agents in Minneapolis following public outrage over the deaths of two U.S. citizens at the hands of immigration officers. Donald Trump says body cameras help prevent false claims against police.
The policy change comes as videos and eyewitness accounts have challenged official narratives and fuelled demands for transparency and reform.
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