Steelworkers in the Canadian city of Hamilton see President Donald Trump’s latest trade war escalation as a wake-up call, insisting US efforts to protect struggling metal producers demand an equivalent national response. Hamilton is known locally as “Steeltown,” with expansive industrial plants dominating the view from the main bridge that leads into the city. Hamilton has endured …
Canada steelworkers urge Ottawa to counter Trump Read More »
US President Donald Trump said Wednesday it is “extremely hard” to reach a deal with China over a trade impasse that has roiled global markets, while his doubling of metal tariffs fueled tensions with key partners.Trump’s latest salvos came as ministers from Organisation for Economic Cooperation and Development (OECD) countries gathered in Paris to discuss …
US-China at trade impasse as Trump’s steel tariff hike strains ties Read More »
Asian shares extended a global rise Wednesday following data indicating the US economy remained resilient, with South Korean equities and the won standing out as the election of a new president ended months of political paralysis.Speculation that US President Donald Trump and Chinese leader Xi Jinping will speak this week stoked optimism for a soothing …
Asian stocks track Wall St up after jobs data, Seoul surges on Lee win Read More »
The United States will double its tariffs on imported steel and aluminum starting Wednesday, according to the White House, as it published an order signed by President Donald Trump.The move marks a latest salvo in Trump’s trade wars, bringing levies on both metals from 25 percent to 50 percent.But tariffs on metal imports from the …
US steel, aluminum tariff hikes to take effect Wednesday: W.House Read More »
Canada has lifted a three-decade moratorium on commercial cod fishing, but there are signs Atlantic stocks have not fully recovered, raising questions about the government’s rosy outlook for the sector.The fishery off the coast of the nation’s easternmost Newfoundland province had been a major economic driver for centuries, providing livelihoods for local and European fisherman.It …
Canada’s wildfires, which have already forced evacuations of more than 26,000 people, continued their stubborn spread Tuesday, with heavy smoke choking millions of Canadians and Americans and reaching as far away as Europe.Alerts were issued for parts of Canada and the neighboring United States warning of hazardous air quality.A water tanker air base was consumed …
Canada, US warn of air quality hazards as Canadian fire smoke reaches Europe Read More »
Major stock markets rose and the dollar climbed Tuesday as investors kept tabs on the China-US trade war, with speculation swirling that the countries’ leaders will soon hold talks.After a period of relative calm on tariffs, US President Donald Trump accused Beijing last week of violating an earlier deal to temporarily lower staggeringly high tit-for-tat levies …
Stock markets rise as traders eye possible Trump-Xi talks Read More »
Concerned about the rapid spread of generative AI, a pioneer researcher is developing software to keep tabs on a technology that is increasingly taking over human tasks.Canadian computer science professor Yoshua Bengio is considered one of the godfathers of the artificial intelligence revolution and on Tuesday announced the launch of LawZero, a non-profit organization intended …
Top scientist wants to prevent AI from going rogue Read More »
Heavy smoke from intense wildfires in Canada has reached northwestern Europe, the European Union’s climate monitoring service said on Tuesday.The huge plumes are at very high altitude and do not pose an immediate health risk, it said in a statement.”Smoke originating from the wildfires in the Canadian provinces of Manitoba and Saskatchewan has been transported …
Smoke from Canadian fires reaches Europe: EU climate monitor Read More »
Lawsuits, scandals, armed troops and a knife-wielding attacker all failed to deter Lee Jae-myung’s ascendancy from sweatshop worker to the cusp of South Korea’s presidency.After losing by a razor-thin margin in 2022, the left-leaning Democratic Party candidate is now poised to be elected head of state in a landslide, according to exit polls.Opponents decry Lee, …
Lee Jae-myung’s rise from poverty to brink of South Korean presidency Read More »
