Ottawa: Canada said it would impose a 25 percent tariff on some autos imported from the United States, retaliating against President Donald Trump’s levies that came into affect on Thursday. Prime Minister Mark Carney announced “25 percent tariffs on all vehicles imported from the United States that are not compliant with CUSMA,” using the Canadian … Read more
Washington: President Donald Trump acknowledged the shock brought by his tariffs onslaught Thursday, but said the US economy would emerge “far stronger,” even as world markets tumbled. “THE OPERATION IS OVER! THE PATIENT LIVED, AND IS HEALING. THE PROGNOSIS IS THAT THE PATIENT WILL BE FAR STRONGER, BIGGER, BETTER, AND MORE RESILIENT THAN EVER BEFORE,” … Read more
Washington: Termination notices sent by billionaire Elon Musk’s cost-cutting team to US Agency for International Development staff were so rife with errors that corrected versions are being issued to avoid affecting pensions and pay, according to five sources familiar with the issue. The Department of Government Efficiency “did this so quickly that they screwed lots … Read more
Washington: While announcing his country’s “reciprocal tariffs” on those who tariff the United States, Donald Trump recalled his brief remark to Prime Minister Narendra Modi regarding trade ties with India, when the two leaders met in Washington recently. “You’ve not been treating us right,” he recalled as saying to PM Modi, when he spoke about … Read more
Washington: U.S. President Donald Trump has told members of his Cabinet and other close contacts that his billionaire ally Elon Musk will soon step back from his government role, Politico reported on Wednesday, citing three people close to Trump. Trump has tasked the Tesla and SpaceX CEO with leading efforts to cut government funding and … Read more
New York: Tesla reported a 13 percent drop in first-quarter auto sales Wednesday amid lower production during factory upgrades and blowback over CEO Elon Musk’s work for the Trump administration. Musk’s electric vehicle company delivered 336,681 autos in the quarter ending March 31, missing analyst expectations, as it pointed to the “loss of several weeks … Read more
Washington: A top employee of billionaire Elon Musk who is now working in the U.S. Justice Department previously bragged about hacking and distributing pirated software, according to archived copies of his former websites reviewed by Reuters. Christopher Stanley, a 33-year-old engineer who has worked at both Musk’s social media company X and space-launch company SpaceX, … Read more
Washington: Little over twenty-four hours before he drops the reciprocal tariff bomb for the world, including his countrymen to deal with, Donald Trump has made a stunning claim – that he heard India will drop tariffs on US imports substantially. During a press briefing at the Oval Office in the White House, President Trump was … Read more
Washington: Days before Donald Trump said he is “not joking” about aiming for a third term as US President, he used his presidential privilege of an executive order to introduce sweeping changes to America’s voting system. A move that has now forced opposition Democrats to sue him. “It is simply not within the president’s authority … Read more
The FDA recalled a coffee ground product because it may contain an undeclared substance that could lead to health problems, per Today.com. The Food and Drug Administration (FDA) issued a recall on March 13 after the manufacturer voluntarily informed the agency that some coffee labelled as decaffeinated may have been mislabeled and could contain caffeine. … Read more
Moscow: The Arctic is heating up, not just in terms of Climate Change, but also in terms of geopolitics. With US President Donald Trump pressing to annex Greenland and Canada, Russia isn’t to be left behind. President Putin today visited Murmansk – the largest city north of the Arctic circle where he pledged to “strengthen … Read more
Ottawa: US President Donald Trump’s latest move is a “direct attack” on Canada, Prime Minister Mark Carney said on Wednesday. Mr Carney was speaking about the latest tariffs imposed by President Trump, which the latter announced as a “permanent” measure. Earlier in the day, Donald Trump brought into effect a massive 25 per cent tariff … Read more