AFP

Trump says US should to stop ‘subsidizing’ Canada as trade talks continue

President Donald Trump on Tuesday said the United States should stop “subsidizing” Canada, as he hosted the country’s recently reelected premier Mark Carney for talks in Washington.Canada has been caught up in the new administration’s stop-start tariff rollout, which has hit goods not covered under an existing free trade arrangement with levies of up to …

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Trump and Canada’s Carney hold high-stakes meeting

Canadian Prime Minister Mark Carney held highly anticipated talks with Donald Trump at the White House Tuesday amid tensions over the US president’s tariffs and threats of annexation.Trump slammed Canada on Truth Social for effectively freeloading off the United States just minutes before greeting the recently reelected Carney outside the West Wing.Liberal leader Carney, 60, …

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‘Makes no sense’: Hollywood shocked by Trump’s film tariffs announcement

Hollywood reacted with skepticism on Monday to US President Donald Trump’s announcement of 100 percent tariffs on foreign films, with movie insiders calling it a policy made up on the fly by a president who fails to understand how the industry works.”It makes no sense,” entertainment lawyer Jonathan Handel said of Trump’s idea.Handel told AFP …

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US President Trump and Canada’s Carney set for high-stakes meeting

Canadian Prime Minister Mark Carney meets Donald Trump on Tuesday for the first time since he won reelection on a pledge to stand up to the US president’s tariffs and threats to annex the United States’ northern neighbor.The 60-year-old Liberal Party leader has said that things cannot be the same with the United States under …

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Dollar recovers some losses, stocks gain as traders eye tariff deals

The dollar rose in Asia on Tuesday fuelled by hopes for trade deals to avert Donald Trump’s sweeping tariffs, while equities mostly rose as investors await the Federal Reserve’s latest policy decision.Oil also staged a comeback after tanking on news of an output hike by key producers that came despite growing concerns about demand and …

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New Zealand PM proposes banning under-16s from social media

New Zealand’s prime minister on Tuesday proposed banning children under 16 from social media, stressing the need to protect them from the perils of big tech platforms.Regulators the world over are wrestling with how to keep children safe online, as social media is increasingly flooded with violent and disturbing content.Prime Minister Christopher Luxon unveiled draft …

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US film studio shares slip on Trump tariff threat

Shares in US film studios slid on Monday following a threat by US President Donald Trump to impose 100 percent tariffs on foreign-made productions.Meanwhile oil prices tumbled after OPEC+ countries announced an output hike despite oversupply concerns and growing fears that Trump’s trade war could weaken demand.Globally, stock markets were mixed in holiday-thinned trading ahead …

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