June 25, 2025: Best photos from around the world
A man poses next to apparent remains of a ballistic missile following missile attack by Iran on Israel
Credit: Reuters Photo
A woman votes in the primary election, which includes the race for the Democratic candidate for New York City mayor in the November's election, in the Brooklyn borough of New York City
Credit: Reuters Photo
Venice ahead of the expected wedding of Amazon founder Jeff Bezos and Lauren Sanchez
North Korean leader Kim Jong Un attends the 12th Plenary Session of the 8th Central Committee of the Workers' Party of Korea, in Pyongyang
Credit: Reuters Photo
Anil Kapoor and Boney Kapoor attend Ganga Aarti
Credit: PTI Photo
Omar Abdullah meets tourists in Gulmarg
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
33 minutes ago
- News18
Zohran Mamdani, New York's Democratic Mayoral Pick, Says Billionaires Shouldn't Exist
Last Updated: Despite this strong view, Mamdani stated that he is willing to work with everyone, including billionaires, to build a fairer New York Zohran Mamdani, the Democratic candidate for New York City mayor, has said he does not believe billionaires should exist, explaining that extreme wealth in times of growing inequality is simply unfair. Speaking on NBC's Meet the Press, host Kristen Welker asked the 33-year-old politician whether he thought billionaires had a right to exist, pointing out his democratic socialist beliefs. In response, Mamdani made clear that, in his view, the problem lies in how much money is concentrated in so few hands. 'I don't think that we should have billionaires because, frankly, it is so much money in a moment of such inequality. And ultimately, what we need more of is equality across our city and across our state and across our country," Mamdani said. Despite this strong view, Mamdani also stated that he is willing to work with everyone, including billionaires, to build a fairer New York. 'And I look forward to working with everyone, including billionaires, to make a city that is fairer for all of them," he said. Mamdani's remarks come just days after his surprise victory in the Democratic primary, where he defeated former New York Governor Andrew Cuomo. His win shocked many in the political world, especially given Cuomo's long-standing presence in New York politics. The victory was seen by some as a major shift in the party's direction, while critics, including US President Donald Trump, accused Mamdani of being a radical. The candidate defended his views, saying he is a democratic socialist—not a communist, as Trump claimed. Salaam Bombay!'. First Published: June 30, 2025, 16:24 IST
Economic Times
34 minutes ago
- Economic Times
Trump says he's ending trade talks with Canada over its 'egregious' tax on technology firms
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel President Donald Trump said Friday that he's suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called "a direct and blatant attack on our country."Trump, in a post on his social media network, said Canada had just informed the U.S. that it was sticking to its plan to impose the digital services tax, which applies to Canadian and foreign businesses that engage with online users in Canada. The tax is set to go into effect Monday."Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period," Trump said in his announcement was the latest swerve in the trade war he's launched since taking office for a second term in January. Progress with Canada has been a roller coaster, starting with the U.S. president poking at the nation's northern neighbor and repeatedly suggesting it would be absorbed as a U.S. Prime Minister Mark Carney said Friday that his country would "continue to conduct these complex negotiations in the best interests of Canadians. It's a negotiation."Trump later said he expects that Canada will remove the tax."Economically we have such power over Canada. We'd rather not use it," Trump said in the Oval Office. "It's not going to work out well for Canada. They were foolish to do it."When asked if Canada could do anything to restart talks, he suggested Canada could remove the tax, predicted it will but said, "It doesn't matter to me."Carney visited Trump in May at the White House, where he was polite but firm. Trump last week traveled to Canada for the G7 summit in Alberta, where Carney said that Canada and the U.S. had set a 30-day deadline for trade digital services tax will hit companies including Amazon, Google, Meta, Uber and Airbnb with a 3% levy on revenue from Canadian users. It will apply retroactively, leaving U.S. companies with a $2 billion U.S. bill due at the end of the month."We appreciate the Administration's decisive response to Canada's discriminatory tax on U.S. digital exports," Matt Schruers, chief executive of the Computer & Communications Industry Association, said in a and the U.S. have been discussing easing a series of steep tariffs Trump imposed on goods from America's Republican president earlier told reporters that the U.S. was soon preparing to send letters to different countries, informing them of the new tariff rate his administration would impose on has imposed 50% tariffs on steel and aluminum as well as 25% tariffs on autos. He is also charging a 10% tax on imports from most countries, though he could raise rates on July 9, after the 90-day negotiating period he set would and Mexico face separate tariffs of as much as 25% that Trump put into place under the auspices of stopping fentanyl smuggling, though some products are still protected under the 2020 U.S.-Mexico-Canada Agreement signed during Trump's first reporters after a private meeting with Republican senators Friday, Treasury Secretary Scott Bessent declined to comment on news that Trump had ended trade talks with Canada."I was in the meeting," Bessent said before moving on to the next 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager to 80% of Canada's exports go to the Beland, a political science professor at McGill University in Montreal, said it is a domestic tax issue, but it has been a source of tensions between Canada and the United States for a while because it targets U.S. tech giants."The Digital Services Tax Act was signed into law a year ago so the advent of this new tax has been known for a long time," Beland said. "Yet, President Trump waited just before its implementation to create drama over it in the context of ongoing and highly uncertain trade negotiations between the two countries."
Time of India
39 minutes ago
- Time of India
Carney bends against Trump: In surprise shift, Canada drops Digital Tax to reignite trade talks with US
On June 29, 2025, Canada's government said it is removing the Digital Services Tax (DST) to help restart trade talks with the U.S, as per the Department of Finance Canada. This decision comes from Prime Minister Mark Carney, who wants to get the best economic and security deal for Canada with the U.S. Carney and Trump agreed to restart trade talks and aim to finish a deal by July 21, 2025. The DST was first introduced in 2020 because big tech companies like Amazon were making money from Canadians but not paying fair taxes. Canada wanted to tax big tech Canada had hoped for a global agreement on taxing digital companies but made the DST in the meantime. The tax was supposed to be 3% on digital services revenue from Canadian users if the firm made over $20 million per year, with charges going back to 2022, as per the report by Reuters. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cyprus Is Open for Investors - You Might Be Interested Cyprus Invest | Search ads Undo The first DST payment was supposed to be collected on June 30, 2025, but now that's been cancelled. Finance Minister François-Philippe Champagne will now introduce a law to officially remove the Digital Services Tax Act, as stated by the Department of Finance Canada. ALSO READ: Wordle answer and hints today, June 30: Puzzle #1472 – clues, meaning, and full guide to solve it Live Events Carney said the government will only make deals that help Canadian workers and businesses, and this move helps negotiations move forward. Champagne added that the goal is to make Canada the strongest economy in the G7, and scrapping the tax will help with that, as quoted by PM Carney in Finance Canada. Trump pushed back hard On Friday, Trump had suddenly stopped trade talks, calling the digital tax a 'blatant attack' on U.S. tech companies. Trump warned he would put new tariffs on Canadian goods within a week if the tax stayed, according to the report by Reuters. This trade fight came just weeks after a friendly G7 meeting, where both leaders said they wanted a new deal in 30 days. After the announcement to drop the tax, stock markets rose, and good vibes spread to Asian markets too, according to reports. In 2024, the Biden administration had also complained about the tax, saying it broke trade rules in the USMCA deal. Canada is America's second trade partner, just behind Mexico, and one buyer of U.S. goods, so keeping trade calm is important. Canada had avoided Trump's big tariffs from April, but still faces 50% duties on steel and aluminum, as per the report by Reuters. FAQs Q1. Why did Canada remove the Digital Services Tax? Canada removed DST to restart trade talks with the U.S. and avoid new tariffs. Q2. How does the DST affect U.S. companies? It would have charged U.S. tech firms like Amazon 3% on their Canadian digital sales.
