Washington — President Trump campaigned on lower prices for Americans, but his trade war with Canada is pushing prices higher for Americans, Ontario Premier Doug Ford told CBS News in an interview Friday. Earlier this week, Mr. Trump announced 50% tariffs starting next month on a number of Canadian goods, including hockey sticks and alcohol, on…
The US has imposed new tariffs on 60 trading partners, accounting for the vast majority of its imports, over claims they failed to properly stop forced labour. The duties, ranging from 10% to 12.5%, target key economic partners – including the UK, China, the European Union, Canada, Japan and India. They came into effect on…
Mexican President Claudia Sheinbaum said she will attend Sunday’s World Cup final after an invitation from President Trump, their first meeting since December, following months of verbal sparring. Sheinbaum did not attend the World Cup’s opening match in Mexico City, when her national team beat South Africa 2-0. Instead, she gave her ticket to a…
Iran has threatened to block further trading routes in the region, as the US launched a new strikes on military targets. Iran’s Islamic Revolutionary Guard Corps (IRGC) said the Strait of Hormuz would remain shut until the US ended its “acts of aggression”. It also threatened to close off other regional oil and gas export…
Nigeria moved to deepen economic and migration ties with Europe, even as experts at a major conference in Porto warned that artificial intelligence must be governed ethically to protect migrants and the Nigerian diaspora. The two developments dominated the second Centre for African Studies, University of Porto (CEAUP) Conference on ‘Migration, Artificial Intelligence and the…
The Apple Park campus stands in this aerial photograph taken above Cupertino, California, U.S., on Wednesday, Oct. 23, 2019. Sam Hall | Bloomberg | Getty Images Apple on Friday sued OpenAI in federal court in Northern California, alleging trade secret theft, saying that the artificial intelligence lab took the iPhone maker’s intellectual property in order…
PARIS, FRANCE – JUNE 24: Pedestrians use umbrellas to shield from the sun as record-breaking high temperatures continue in Paris on June 24, 2026 in Paris, France. Li Yang | China News Service | Getty Images Europe wants to narrow its record trade deficit with China by October, but the bloc’s worst-ever heat wave is…
FILE PHOTO: US President Donald Trump arrives to deliver a statement along with Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau, on the signing of a new free trade agreement in Buenos Aires, on November 30, 2018, on the sidelines of the G20 Leaders’ Summit. Saul Loeb | AFP | Getty Images…
Standard Bank has become the first African-based lender authorised to clear renminbi transactions on the continent, a step that deepens the financial plumbing connecting Africa to China and moves more of their trade off the US dollar. The bank, the largest in Africa by assets, said on Friday it had been jointly authorised with the…
Triangular cooperation is increasingly shaping discussions on how to accelerate development and integration across the Global South, particularly in efforts to deepen intra-African trade. The model brings together developing countries working through South-South cooperation, supported by a third partner such as a development agency, international organisation, or developed country. ALSO READ: UNDP sees South-South cooperation…
