Friday, July 11, 2025

Creating liberating content

Justin Sun, founder of blockchain platform Tron, poses for a

Beetroots are considered to be a powerhouse of nutrition. From

Related News

Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, May 8, 2020. Calvin Sit | Bloomberg | Getty Images Crypto billionaire Justin Sun is buying

In a bid to improve toll plaza efficiency and prepare for upcoming digital tolling upgrades, the National Highways Authority of India (NHAI) has announced a stricter policy for blacklisting users

Tesla will finally start selling its cars in India, with the Maharashtra RTO clearing the way for Elon Musk’s electric vehicle giant to open its first showroom in Mumbai and

Beetroots are considered to be a powerhouse of nutrition. From boosting immunity to improving blood flow and pressure, they play many roles in helping us lead a healthy lifestyle. Often

India’s net direct tax collections declined 1.34% year-on-year to Rs 5.63 lakh crore as of July 10, dragged down by a sharp surge in refunds, according to government data released

India Ratings and Research (Ind-Ra) has upgraded Reliance Infrastructure’s credit rating by three notches — from ‘IND D’ to ‘IND B / Stable / IND A4’ — on its non-fund

Trending News

In a bid to improve toll plaza efficiency and prepare for upcoming digital tolling upgrades, the National Highways Authority of India (NHAI) has announced a stricter policy for blacklisting users

Tesla will finally start selling its cars in India, with the Maharashtra RTO clearing the way for Elon Musk’s electric vehicle giant to open its first showroom in Mumbai and

India’s net direct tax collections declined 1.34% year-on-year to Rs 5.63 lakh crore as of July 10, dragged down by a sharp surge in refunds, according to government data released

India’s foreign exchange reserves declined by $3.049 billion to $699.736 billion for the week ended July 4, according to data released by the Reserve Bank of India (RBI) on Friday.This

TCS had previously disclosed in April that salary increases would be postponed due to business uncertainties. (AI image) Employees of Tata Consultancy Services (TCS) will have to wait a little

‘The Best You’ features India’s comedy queen, Bharti Singh, who shares her story resilience and reinvention Klook, Asia’s leading platform for travel experiences and services, launched its new campaign titled

A Hectic Week in Canadian Politics and Trade, With More Action on the Way

Word Count: 315 | Estimated Reading Time: 2 minutes


[Listen to “The Daily”: Elbows Up: Canada’s Response to Trump’s Trade War]

What’s next: Mr. Ford, along with Dominic LeBlanc, the new international trade minister, and François-Philippe Champagne, the new finance minister, met with their counterparts in Washington: Howard Lutnick, the U.S. commerce secretary, and Jamieson Greer, the U.S. trade representative. The message they received, Matina reports, is “there was no way Canada, or any other country in President Trump’s cross hairs, could avoid a new round of sweeping tariffs on April 2.”

[Read: Tariff Pain First, Deals Later, U.S. Tells Canada in Key Meeting]

Those tariffs will be “reciprocal” — that is, the United States will apply the same tariffs against exports from Canada that Canada puts on exports from the United States.

Because of the U.S.M.C.A. (or CUSMA, as it’s called in Canada), the free trade agreement signed under the first Trump administration, Canada has relatively few tariffs on American imports aside from some farm products, particularly dairy, that are part of the supply management system. So, in theory, reciprocal tariffs may have relatively little effect.

But there is a wild card. Mr. Trump sees value-added taxes, like the goods and services tax, as tariffs because they are not applied to exports — a view not shared by most trade economists. How Mr. Trump might go after the G.S.T., and how that could affect trade between Canada and the United States, is unclear.

A much larger trade problem may explode on April 2, when Mr. Trump’s suspension of a sweeping and potentially devastating 25 percent tariff on most Canadian exports and a 10 percent tariff on energy and some minerals expires. (Those charges are already being imposed on some Canadian exports that are not certified as complying with the U.S.M.C.A.’s North American content rules.)



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account