logo
Canada to recognize a Palestinian state in September

Canada to recognize a Palestinian state in September

Washington Post20 hours ago
World
Canada to recognize a Palestinian state in September
July 31, 2025 | 6:02 AM GMT
Prime Minister Mark Carney said July 30 that Canada intends to recognize a Palestinian state in September, following similar moves by France and Britain.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump announces new 'reciprocal' tariff hikes.
Trump announces new 'reciprocal' tariff hikes.

The Verge

time2 minutes ago

  • The Verge

Trump announces new 'reciprocal' tariff hikes.

US tariffs: how Trump's tax is hitting Big Tech and beyond See all Stories Posted Aug 1, 2025 at 1:44 AM UTC Trump announces new 'reciprocal' tariff hikes. The Trump administration has revealed tariff rates it plans to impose on exports from dozens of countries that are due to take effect on August 7th. According to the WSJ , 'the result will be significantly higher tariffs on virtually every US trading partner,' ranging from 10 to 41 percent, and a 40 percent penalty rate for goods deemed 'transshipped' to avoid tariffs. An executive order targeting alleged 'inaction and retaliation' from Canada will raise its rate on items not covered under the US-Mexico-Canada trade agreement from 25 to 35 percent starting August 1st. Further Modifying the Reciprocal Tariff Rates [ Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates. Richard Lawler Posts from this author will be added to your daily email digest and your homepage feed. See All by Richard Lawler Posts from this topic will be added to your daily email digest and your homepage feed. See All News Posts from this topic will be added to your daily email digest and your homepage feed. See All Policy Posts from this topic will be added to your daily email digest and your homepage feed. See All Tech

Trump hikes tariffs on Canada to 35%, announces rates from 10% to 40% for dozens of countries
Trump hikes tariffs on Canada to 35%, announces rates from 10% to 40% for dozens of countries

Yahoo

time30 minutes ago

  • Yahoo

Trump hikes tariffs on Canada to 35%, announces rates from 10% to 40% for dozens of countries

The White House took a step forward with President Trump's plan to remake the trade landscape by releasing new details Thursday evening that included a raft of new tariff rates, now formally authorized by executive order, which set levels from 10% to 40% on nearly every global trading partner. The move represents a giant shakeup in the US's trade order, outlining a 35% tariff on Canada (up from 25% currently) as well as rates above 30% on nations from South Africa to Switzerland. But there's a last minute catch, as nearly all these new rates (except for Canada's) will not go into effect for seven days, instead of a midnight Friday deadline Trump had previously set. "These modifications shall be effective ... on or after 12:01 a.m. eastern daylight time 7 days after the date of this order," reads the now signed order. The new tariff rate on Canada is under a different order focused on illicit drugs and and will take effect Friday, as originally planned. For other nations, the order also allows for an additional delay, with lower, previous rates applied to goods that are loaded onto ships before Aug. 7 that then enter the United States before Oct. 5. But once the new tariffs are in effect, they will be far-reaching. India, after initial high hopes for a deal that have bogged down in recent weeks, is set to face a 25% rate, though negotiators there now appear to have another week to make offers. Taiwan is another top US trading partner and is set to see a 20% rate. The White House documentation released Thursday also confirmed some of the parameters of recent deals with other top trading partners, including a 15% rate on the European Union, South Korea, and Japan. It also confirmed that 19%-20% rates are in the offing for a range of Southeast Asian nations and an unchanged 10% rate is set for the United Kingdom. Thursday's advancement did come after one significant delay Thursday, with a 90-day pause on new tariffs on Mexico, as the president decided to keep rates at 25% after a 'very successful' phone call, according to Trump. Dozens of other smaller trading partners saw their tariff rates upped to 15% from 10%, with some nations not included in Tuesday's release. Those excluded countries included many nations with which the US currently has a trade surplus. They are set to see their rates remain at 10%, in a surprise for some after comments from Trump in recent days suggested 15% would be his new minimum. Thursday's order also includes a focus on the growing issue of transshipping, promising an additional tariff of 40 percent for any goods deemed 'to have been transshipped to evade applicable duties' without providing a further definition on what would meet that standard. Thursday's announcement comes as previously announced 50% levies on copper are also set to go into effect at midnight as well alongside the new Canadian duties. The White House also has plans for 50% tariffs on Brazil which are set to be in fully in effect one day sooner — as that order is operating under its own seven-day clock that began Wednesday. The rapid-fire tariff moves also came as small business importers and the US Justice Department clashed Thursday over whether Trump even has the authority to take these actions. Trump's team relied on the 1977 International Economic Emergency Powers Act to move around the rates, saying it authorizes the president to 'regulate' international commerce after declaring a national emergency. It's also the latest culmination of Trump's intense second term focus on tariffs. He declared "I am a tariff man" back in 2018 but has gone much further in his second term. The latest calculations from the Yale Budget Lab found that these new duties, before Thursday's adjustments, suggested consumers already face an overall effective tariff rate of 18.4%, which is the highest rate since 1933. That figure is sure to rise in the coming days as the new tariff levels are digested. The duties — as Trump himself notes almost every day — have also already set multiple new tariff revenues records even at the previous levels centered around a 10% floor for tariffs. As Trump put it on Thursday, 'Tariffs are making America GREAT & RICH Again' adding that lower levels seen in previous decades were hurting America and 'now the tide has completely turned.' Ben Werschkul is a Washington correspondent for Yahoo Finance. Click here for political news related to business and money policies that will shape tomorrow's stock prices Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

IAEA officials will visit Iran for the first time since 12-Day War
IAEA officials will visit Iran for the first time since 12-Day War

Yahoo

time39 minutes ago

  • Yahoo

IAEA officials will visit Iran for the first time since 12-Day War

The hope is that the talks will open the door for high level talks between IAEA's Director-General Rafael Grossi and senior Iranian officials. For the first time since the Israel-Iran War, a delegation from the International Atomic Energy Agency (IAEA) will visit Iran next week, according to a source familiar with the details. IAEA technical experts will start talks with the Iranians in order to restore oversight of the nuclear sites. The hope is that the talks will open the door for high level talks between IAEA's Director-General Rafael Grossi and senior Iranian officials. The inspectors are aiming to see the nuclear sites destroyed during the 12-day war. However, Tehran has made it clear that as of now, they will not permit the inspectors to visit these sites. Recent satellite images show that Iran has been conducting work at some of the nuclear sites that were damaged/ However, various sources estimate that the reconstruction is not dramatic and does not involve the removal of enriched uranium from the bombed facilities. IAEA to return to Iran A few days after the conclusion of the war, IAEA inspectors who had been in Iran left the country out of "concerns for their lives." Last Friday, the deputy foreign ministers of Germany, France, and the UK – countries that are signatories to the Iranian nuclear agreement – met with senior Tehran officials in an attempt to resume talks to reach a new deal. Western diplomats told The Jerusalem Post that the European officials left the meeting frustrated. "The Iranians insist on continuing uranium enrichment in any new agreement. There is little room for progress as long as this demand remains," said the diplomats. After the meeting, Iran's Deputy Foreign Minister Kazem Gharibabadi stated that he had criticized the European stance regarding the 12-Day War and discussed the snapback mechanism to reimpose sanctions. "It was agreed that consultations on this matter will continued," he added. European countries have made it clear that if the Iranians do not reach new agreements on the nuclear program by October, they will activate the snapback mechanism, which will impose significant sanctions on Iran through the UN Security Council. This mechanism was established as part of the nuclear deal, and the ability to use it will expire in mid-October. Meanwhile, Western diplomats have told the Post that the US administration is refusing to try to convince Iran to return to the negotiation table. "If the Iranians want to hold talks, they know where to find us," US President Trump stated. This week, Iran's Foreign Ministry spokesperson, Esmaeil Baghaei, reiterated Iran's position that it would resume indirect talks with the United States if its national interests required it, but stated that there are currently no plans to hold a sixth round of nuclear negotiations with Washington.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store