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Trump proposes 60% tax cut for Canada to join US

Trump offers Canadians 60% tax cut to join the US as 51st state, mocks Trudeau, pushes for territorial expansion including Greenland.

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Trump offers Canadians 60% tax cut to join the US as 51st state, mocks Trudeau, pushes for territorial expansion including Greenland.

Donald Trump has proposed a significant offer to Canada, suggesting that the Canadian population could benefit from a 60 percent tax cut if Canada were to join the United States as its 51st state.

Trump’s recent statements indicate a desire for territorial expansion, including mentions of Canada, Greenland, and Panama. He has referred to Canadian Prime Minister Justin Trudeau as ‘Governor’ in a manner that implies mockery.

In a Christmas message, Trump also targeted both Panama and Canada, raising concerns about the management of the Panama Canal and the tax burdens faced by Canadians. He claimed that joining the US would lead to reduced taxes and increased business opportunities for Canadians.

Trudeau has dismissed Trump’s comments as jokes, asserting that they were not serious. The Canadian Public Safety Minister, Dominic LeBlanc, reiterated this stance, stating that Trump’s remarks were meant to be humorous.

Purchasing Greenland

Additionally, Trump has revived his interest in purchasing Greenland, calling its ownership crucial for US national security.

The Danish government had previously rejected this idea, stressing that Greenland is not for sale.

Despite these developments, Trudeau and Trump recently met to discuss potential tariffs on Canadian goods.

Trudeau’s office has emphasised the importance of maintaining transatlantic cooperation in light of current political complexities.

Trump’s renewed focus on territorial claims and taxation may indicate ongoing tensions between the US and its northern neighbour.

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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