The United States is still imposing tariffs on Canada after President Donald Trump on Wednesday partially pulled back some of the most devastating duties against countries around the world. Trump paused his so-called “reciprocal” tariffs for 90 days but kept in place a 10 per cent levy on nearly all global imports. The president also increased tariffs on Chinese imports to 125 per cent. Trump's change in course triggered a surge in U.S. markets following days of massive losses — but it’s not clear how the ongoing uncertainty will play out. A White House official has said duties agains

The US and Canadian stock markets experienced a significant boost today after President Donald Trump's announcement of a 90-day ban on reciprocal tariffs. In Canada, the S&P/TSX Composite Index surged by over 1,000 points, while the Dow Jones in New York jumped by 2,400 points. The announcement led to a rebound in stock markets that had been under pressure since the previous week. Shares of major companies like Apple and Nvidia saw gains of 11 to 13 percent. Walmart's stock rose by 9.7 percent, and Tesla shares jumped by more than 19 percent. In the Canadian stock market, several stocks,

US President Donald Trump has announced a 90-day pause on tariffs but has simultaneously increased the tariff on China to 125 percent. In a post on Truth Social, Trump explained that the move came in response to what he called China's disrespect towards global markets. As a result, the tariff on Beijing is now set at 125 percent, effective immediately. Trump also expressed confidence that China would soon realize that the days of exploiting the United States and other countries are over. He revealed that more than 75 countries had approached the US for trade deals and that these countries had

Tahawwur Rana, accused in the 2008 Mumbai terror attacks, is being extradited to India from the United States today by a joint team of the National Investigation Agency (NIA) and the Research and Analysis Wing (RAW). The extradition was approved by U.S. President Donald Trump during Prime Minister Narendra Modi’s visit to the United States. Rana’s petition to halt the extradition, filed in the U.S. Supreme Court, was rejected on Monday. Rana, a childhood friend of David Headley, the mastermind behind the Mumbai attacks, was arrested by the FBI in 2009 and convicted in the U.S. for support

The United States has imposed a hefty 104 percent tariff on Chinese imports, effective from 12:01 a.m. on Wednesday. This move follows a warning from US President Donald Trump on Monday, stating that if Beijing does not remove its retaliatory tariffs on American goods by Tuesday, existing tariffs on China would be raised further. At the same time, Trump’s press secretary, Caroline Leavitt, remarked during a press conference that the United States does not need other countries as much as other countries need the U.S. Leavitt also confirmed that 70 countries have reached out to negotiate a ta

Since the resumption of the war against Hamas last month, Israel has seized more than 50 percent of Gaza. The majority of the territory captured by the Israeli army is located near the Gaza border, where Palestinian homes, farmland, and infrastructure have been severely damaged, making it increasingly difficult for residents to live in the area. Israel has stated that its military actions are temporarily necessary to pressure Hamas into releasing all those taken captive during the Hamas attack on Israel on October 7, 2023. Meanwhile, following a meeting in Washington on Monday, President Dona

China strongly reacted on Tuesday after US President Donald Trump threatened to impose an additional 50 percent tariff on Beijing. The Chinese Ministry of Commerce issued a warning to the U.S., stating that China is prepared to "fight to the end" and will take equal countermeasures to protect its interests. The ministry described the U.S. threat to increase tariffs as a "mistake on top of another," urging that the U.S. should not attempt to blackmail China. The statement further emphasized that China will never accept such actions, and if the U.S. continues down this path, China will respond

US President Donald Trump has threatened to impose an additional 50 percent tariff on China, giving the country until tomorrow to withdraw its 34 percent retaliatory tariffs on American goods. In a social media post, Trump stated that if China does not remove its tariffs by tomorrow, he will enforce the new 50 percent tariff on China starting April 9. Trump also warned that any requests from China for talks regarding trade concerns would be rejected. This threat comes as the Chinese and Hong Kong markets have seen a significant decline in today's trading. Meanwhile, protests against Trump's p

Prime Minister Narendra Modi met the head of Bangladesh's interim government, Muhammad Yunus, in Bangkok on the sidelines of the BIMSTEC summit. During the meeting, PM Modi urged Yunus to hold early elections in Bangladesh and advised him to avoid making statements that could harm the relations between the two nations. This marked the first conversation between the leaders of the two countries since former Prime Minister Sheikh Hasina was removed from power last year and granted political asylum in India. In the discussion, Prime Minister Modi expressed hope for a democratic and stable govern