Topic
retaliation
Trade Canada Vows to Protect Workers After Trump Imposes 50% Tariffs on Select Canadian Goods, Calling It a 'Direct Violation' of CUSMA
Prime Minister Mark Carney condemned President Trump's new 50% tariffs on select Canadian goods as a direct violation of CUSMA. The tariffs target motor vehicles, dairy, and alcoholic beverages, set to take effect in 30 days, with exemptions for energy, potash, fish, and critical minerals. Canada pledges to support workers and remains open to negotiations.
Trade Trump threatens 100 percent tariff on France's wine industry over its tech tax - Engadget
President Donald Trump has threatened to impose a 100% tariff on all French wine and champagne imports unless France removes its three percent digital services tax on US tech companies. The threat, made ahead of the G7 conference in France, targets the GAFAM tax which generates around $700 million per year for France. French wine and champagne sales in the US are worth at least $2 billion.
Business Alex Vindman Eyes Senate Seat Amid Political Challenges
Alex Vindman, a key figure in Trump's impeachment trial, is running for the US Senate in Florida. Despite challenges, he aims to address issues like affordability and corruption.
Commodities Oil Prices Surge Amid US-Iran Tensions
Oil prices surged over 3% following Iran's attack on a US airbase, escalating geopolitical tensions. Brent crude futures rose to $97.8 a barrel, driven by supply concerns and falling US stockpiles.