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Russia Deploys Submarine as U.S.–Venezuela Tanker Standoff Escalates

  The ship, currently between Iceland and the British Isles, has been accused of breaking US sanctions and shipping Iranian oil. It has historically transported Venezuelan crude oil. Russia has sent a submarine and additional naval vessels to escort an oil tanker that the United States attempted to seize near Venezuela, escalating an already tense maritime confrontation. The tanker, recently renamed Marinera , was approached by a U.S. Coast Guard cutter as part of Washington’s efforts to disrupt sanctioned oil shipments linked to Venezuela. Russian officials framed their naval deployment as a protective measure for a vessel they now consider under their jurisdiction. Footage released by Russian media showed the U.S. cutter shadowing the tanker as it continued its voyage after failing to load crude in Venezuelan waters. The move highlights the growing geopolitical friction surrounding Venezuela’s oil trade, where U.S. sanctions and Russia’s support for Caracas frequently collide....
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Trade Tensions Escalate: China and Canada Strike Back at U.S. Tariffs


In a dramatic escalation of global trade tensions, China and Canada have swiftly retaliated against the sweeping tariffs imposed by former U.S. President Donald Trump. The U.S. recently enacted a 25% tariff on most imports from Canada and Mexico, alongside a 10% increase on Chinese goods, doubling the existing duties to 20%.

China responded by imposing tariffs of up to 15% on key U.S. agricultural products, including chicken, wheat, and corn, while Canada announced immediate tariffs of 25% on $20.7 billion worth of American goods, with plans to expand these measures further. Canadian Prime Minister Justin Trudeau condemned the U.S. actions, calling them unjustified and a violation of trade agreements.

These retaliatory measures are expected to disrupt supply chains and increase costs for businesses and consumers, further straining the already fragile global economy. The trade war shows no signs of abating, with all sides digging in for what could be a prolonged economic standoff.

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