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Trump's Tariff Shake-Up: Global Trade Faces New Challenges

On April 2, 2025, U.S. President Donald Trump announced sweeping 10% tariffs on imports from all trading partners, marking a significant escalation in global trade tensions. These tariffs, described as "baseline," aim to address what Trump perceives as unfair trade practices and chronic trade deficits. While the announcement has sent ripples across international markets, the specific impact on Canada remains uncertain. Canada, a close trading partner of the U.S., has previously faced tariffs on steel, aluminum, and energy imports under Trump's administration. The new measures could further strain bilateral relations and affect key Canadian industries. Prime Minister Mark Carney is reportedly preparing Canada's response, as the trade war becomes a central issue in the upcoming federal election. Trump's move has sparked debates among economists and policymakers, with critics warning of potential economic fallout and supporters praising the tariffs as a step toward ...
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Israeli Minister Warns of Large-Scale Iranian Attack

 

Israeli Defence Minister Yoav Gallant has informed U.S. Defense Secretary Lloyd Austin that Iran is preparing for a significant military assault on Israel. Axios reporter Barak Ravid revealed this information, citing a source with knowledge of the call.

In response to the escalating tensions, the U.S. military has taken action. Secretary Austin ordered the deployment of a guided missile submarine to the Middle East, and additional fighter jets and Navy warships are being sent to bolster Israeli defenses.

The situation remains tense as Iran’s Revolutionary Guards deputy commander recently vowed to “harshly punish” Israel following the assassination of the leader of Palestinian militant group Hamas in Tehran. The international community closely monitors these developments, hoping for a peaceful resolution.


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