The 45-page New Delhi declaration was adopted on Saturday, the first day of the BRICS leaders’ annual summit. The BRICS group of nations adopted a new declaration calling for conflict prevention, stronger multilateral ties, and condemning terrorism as well as unilateral trade measures. The declaration also expressed concerns over the 7-month-long war in the Middle…
Canada’s retaliatory tariffs on a range of US goods came into effect on Tuesday, with no sign of a trade deal on the horizon. The counter-tariffs will apply to nearly C$28bn ($20bn; £15bn) worth of American products, from steel to furniture to cotton T-shirts, and will be as high as 50%. Fresh fish and lobster…
A truck crosses into the United States on the Gordie Howe International Bridge, connecting Windsor, Ontario, and Detroit, Michigan, on September 6, 2025. Jeff Kowalsky | Afp | Getty Images Canada’s retaliatory tariffs on a swathe of U.S. goods took effect on Tuesday after trade talks collapsed last month, as relations between Washington and Ottawa…
Volkswagen employees are taking part in an information and protest event organized by IG Metall in front of the VW plant in Zwickau. Picture Alliance | Picture Alliance | Getty Images Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of a historic transformation plan amid intensifying…
While tariffs can end up hitting consumers in the pocket, there are other impacts on households. Import taxes can complicate trade for businesses that have cross-border supply. As well as the higher costs, the uncertainty created by the trade war could put off investment plans and stunt job creation. Saunders suggests the biggest impact on…
U.S. President Donald Trump (R) speaks as U.S. Secretary of Commerce Howard Lutnick looks on before signing an executive order to limit mail-in voting in the Oval Office of the White House on March 31, 2026 in Washington, DC. Alex Wong | Getty Images U.S. President Donald Trump‘s administration is reportedly considering new tariffs on…
The White House released a statement after Canada announced its counter-tariffs, saying that the US was prepared to offer Canada “the most preferential market access of any country on Earth” in recent trade talks. “Instead of partnership, Canada chose unreasonable demands, walk-backs, and flat-out rejection,” it said. In a series of Tuesday posts on Truth…
The U.S. imposed 50% tariffs on some Canadian products on Saturday after trade talks between the two countries fell apart on Friday. In response, Canada said it would impose its own retaliatory tariffs beginning on Sept. 8. Negotiators for both sides had been working on a deal all week, at times signaling that an agreement…
IE 11 is not supported. For an optimal experience visit our site on another browser. Good News: Grandson surprises grandparents during vow renewal for 60th anniversary 03:07 Serena Williams to play with Carlos Alcaraz in return to US Open 01:56 Now Playing U.S. and Canada trade war intensifies with new tariffs 02:02 UP NEXT Deadly…
Carney’s speech on Saturday was his first address to Canadians after he announced late on Friday night that a deal would not be reached, accusing the Americans of making “last-minute changes” that were “unfair” and “uneconomic”. US negotiators, meanwhile, accused Canada of making “new demands and walk backs” on terms which had been agreed earlier…
