Tokyo’s tariffs envoy departed Wednesday for a second round of negotiations in Washington, where Japan could offer concessions such as tweaking vehicle import procedures to secure relief from Donald Trump’s trade levies.Ryosei Akazawa may also reportedly offer to buy more US corn and soybeans, or continue discussions on developing liquefied natural gas (LNG) fields in …
Japan tariff envoy departs for round two of US talks Read More »
China’s factory activity shrank this month, official data showed Wednesday, with Beijing blaming a “sharp shift” in the global economy as it fights a mounting trade war with the United States.Punishing US tariffs that have reached 145 percent on many Chinese products came into force in April, while Beijing has responded with fresh 125 percent …
China’s manufacturing shrinks in April as trade war bites Read More »
South Korean tech giant Samsung Electronics reported a better-than-expected 21.7 percent rise in first-quarter net profit on Wednesday as consumers rushed to buy smartphones under the looming threat of US tariffs.The firm said it expected improved earnings in the second half if “uncertainties are diminished”.The results come as Seoul and Washington work to craft a …
Samsung Electronics posts 22% jump in Q1 net profit Read More »
Global stocks mostly rose despite fresh signs of a tariff hit to corporate earnings, while Wall Street cheered President Donald Trump’s moves to soften the levies hitting automakers.Trump’s pivot includes limitations on the impact of multiple tariffs on carmakers and a measure to allow carmakers to offset a portion of the levy for two years.All …
Global stocks mostly rise as Trump grants auto tariff relief Read More »
Canadian Prime Minister Mark Carney celebrated election victory on Tuesday, but he admits “daunting” challenges await, including handling Donald Trump and reshaping the economy.”There is going to be a very short honeymoon,” Marci Surkes, a former advisor to Carney’s predecessor Justin Trudeau, told AFP.Carney acknowledged in a victory speech that the coming months will be …
Prime Minister Mark Carney pledged Tuesday to confront US President Donald Trump with the “overwhelming positive force” of a united Canada after a dramatic election win that earned the Liberal Party a minority government.Carney’s Liberals fell just short of the 172 seats needed for majority control of parliament, but with 169 confirmed wins the party …
Carney vows to lead ‘united Canada’ against Trump after election win Read More »
Canada’s The Metals Company said Tuesday it applied to the United States to mine deep-sea minerals in international waters, a world first made possible by President Donald Trump’s embrace of the industry.Metal-containing deep-sea nodules, which have the appearance of potato-size pebbles and typically contain nickel and cobalt, are highly sought for use in electric vehicle …
Canadian firm makes first bid for international seabed mining license Read More »
Conservative leader Pierre Poilievre lost his own seat in Canada’s election, official results showed Tuesday, despite his party making gains in parts of the country. It was a stunning upset for the 45-year-old Poilievre, who was first elected to represent a mostly rural district of the capital Ottawa in 2004.Late Monday, he conceded the election to …
Canada Conservative leader loses own seat in election Read More »
Prime Minister Mark Carney pledged Tuesday to beat the United States in Donald Trump’s trade war after winning Canada’s election and leading his Liberal Party to another term in power. While the Liberals won control of parliament, they looked set to fall just short of a majority, with a handful of races in Canada’s 343 electoral …
Carney’s Liberals win Canada election defined by Trump Read More »
Tue, 29 Apr 2025 11:19:23 GMT
