Trump escalates Canada tariffs to 35% while setting new tariff rates for dozens of other countries
Friday, 1 August 2025 () President Trump signs executive order raising Canada tariff to 35% on Thursday, citing the nation's role in allowing illegal drugs to flow into America.
President Donald Trump has announced sweeping new tariffs on U.S. imports from over 90 countries, with rates soaring as high as 41%. Citing emergency powers and national security concerns, Trump’s executive order targets goods ranging from coffee and textiles to steel and electronics. Major trade...
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Trump orders two 'nuclear submarines' moved near Russia after Medvedev warning
In a social media post, Trump said the deployment was in response to threats from the country’s former President Dmitry Medvedev.
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Credit: euronews (in English) Duration: 01:05Published
India has doubled down on its decision to continue purchasing discounted Russian crude oil despite U.S. President Donald Trump's remarks suggesting New Delhi may halt such imports. Indian state-owned refiners reaffirmed that sourcing oil from Russia remains a strategic, price-driven choice essential for the country’s energy security, given its 85% crude import dependence. Officials emphasized that Russian oil is not under international sanctions and purchases comply with the G7/EU price cap mechanism, ensuring global markets remain liquid and prices stable. Sources argue that India's imports prevented oil prices from soaring above the March 2022 peak of $137 a barrel amid OPEC+ cuts. Meanwhile, reports of suspended purchases were dismissed, with officials highlighting the EU’s own high intake of Russian LNG. India insists its decisions are guided by national interest while contributing positively to global energy stability, even as Washington hints at possible penalties.
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China has issued a scathing rebuke of Donald Trump’s sweeping new tariff regime targeting 69 countries, accusing the United States of igniting an economic war that "no one wins." In a sharply worded..
President Donald Trump erupted at a reporter who challenged his second-term tariff moves, firing back, “I was fighting lunatics like you,” at a White House event. The clash came after Trump signed..
U.S. President Donald Trump has ignited a global trade storm by raising tariffs on Canadian imports to 35%, accusing Ottawa of failing to curb fentanyl and drug flows into America. Prime Minister Mark..