AFP

Trudeau says Trump’s Canada annexation threat ‘a real thing’

Prime Minister Justin Trudeau told an economic summit Friday that President Donald Trump is serious about annexing Canada to access its natural resources, as his government vowed the country’s sovereignty was non-negotiable.Trudeau called the summit of business and labor leaders to coordinate a response to Trump’s looming threat of a 25 percent tariff on all …

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‘Intolerable’ US claim sparks new row over Panama Canal

Panama on Thursday rejected the United States’ claim of securing free passage for its government vessels through the Panama Canal, while bowing to US pressure to quit a key Chinese project.Panamanian President Jose Raul Mulino told reporters the US assertion about the waterway was “intolerable,” adding that he rejected “bilateral relations based on lies and …

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Shein, Temu face cost of adapting to new US customs rules

US tariffs on Chinese imports and the closing of a customs loophole will wreak disruption on the business models of e-commerce giants Shein and Temu, with consumers potentially bearing the brunt of the cost, analysts say.Boasting an enormous selection of ultra-cheap items at a time when inflation has shrunk household spending power almost everywhere, Shein …

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