B.C. premier slams U.S. ambassador for Trump's 'nasty Canadians' comments
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CTV News
29 minutes ago
- CTV News
Canada's chance of reaching trade deal with U.S. ‘still remains unclear': Ham
Watch U.S. Political Analyst Eric Ham on the likelihood of Prime Minister Carney and his cabinet reaching a deal with the 'unpredictable' U.S. president.
National Observer
an hour ago
- National Observer
PM Carney meets cabinet today to talk US trade, Middle East
Prime Minister Mark Carney is meeting virtually with his cabinet today to discuss the state of trade negotiations with the US and the situation in the Middle East. The meeting is scheduled for 2 p.m. ET. Minister responsible for Canada-US Trade Dominic LeBlanc is in Washington today meeting with US officials. Carney said Monday that Canada's negotiations with the United States are in an "intense phase" after President Donald Trump clinched a critical agreement with the European Union. Trump told reporters last week that Canada wasn't a priority ahead of his Aug. 1 deadline to make trade deals. Ministers are also expected to discuss the situation in the Middle East after the government announced Monday that it's adding $30 million to its humanitarian funding for Palestinians in the Gaza Strip and $10 million to "accelerate reform and capacity-building for the Palestinian Authority." This report by The Canadian Press was first published July 30, 2025.
Global News
an hour ago
- Global News
Trump says India to face 25 per cent tariff starting Aug. 1
U.S. President Donald Trump said on Wednesday the United States will impose a 25 per cent tariff on goods imported from India starting on Aug. 1. He said India, which has the world's fifth largest economy, will also face an unspecified penalty on Aug. 1, but did not elaborate on the amount or what it was for. 'While India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country,' Trump wrote in a Truth Social post. 'They have always bought a vast majority of their military equipment from Russia, and are Russia's largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE — ALL THINGS NOT GOOD!' Story continues below advertisement India's commerce ministry, which is leading the trade negotiations with the United States, did not immediately respond to a request for comment. Trump's decision dashes hopes of a limited trade agreement between the two countries, which had been under negotiation for several months. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy U.S. and Indian trade negotiators had held multiple rounds of discussions to resolve contentious issues, particularly over market access for American agricultural and dairy products. Despite progress in some areas, Indian officials resisted opening the domestic market to imports of wheat, corn, rice and genetically modified soybeans, citing risks to the livelihood of millions of Indian farmers. The new tariffs are expected to impact India's goods exports to the U.S., estimated at around US$87 billion in 2024, including labor-intensive products such as garments, pharmaceuticals, gems and jeweler, and petrochemicals. 4:21 Industries impacted by U.S. tariffs The United States currently has a $45.7 billion trade deficit with India. Story continues below advertisement India now joins a growing list of countries facing higher tariffs under Trump's 'Liberation Day' trade policy, aimed at reshaping U.S. trade relations by demanding greater reciprocity. The White House had previously warned India about its high average applied tariffs — nearly 39 per cent on agricultural products, with rates climbing to 45 per cent on vegetable oils and around 50 per cent on apples and corn. The setback comes despite earlier commitments by Prime Minister Narendra Modi and Trump to conclude the first phase of a trade deal by autumn 2025 and expand bilateral trade to $500 billion by 2030, up from $191 billion in 2024. U.S. manufacturing exports to India, valued at around $42 billion in 2024, as well as energy exports such as liquefied natural gas, crude oil, and coal, could also face retaliatory action if India chooses to respond in kind. Indian officials have previously indicated that they view the U.S. as a key strategic partner, particularly in counterbalancing China. But they have emphasized the need to preserve policy space on agriculture, data governance, and state subsidies. –Reporting by Susan Heavey, Katharine Jackson in Washington, Manoj Kumar and Aftab Ahmed in New Delhi; editing by Doina Chiacu and Mark Heinrich
