logo
Very hard to make trade deal with Canada: Trump on Carney's move to recognise Palestine State

Very hard to make trade deal with Canada: Trump on Carney's move to recognise Palestine State

First Post2 days ago
US President Donald Trump said it would be 'very hard' for Washington, DC, to sign a trade deal with Canada after the latter's Prime Minister Mark Carney announced that he plans to recognise the state of Palestine. read more
Advertisement
US President Donald Trump meets Canadian Prime Minister Mark Carney in the Oval Office of the White House in Washington, DC, on May 6, 2025. AFP File
US President Donald Trump said it would be 'very hard' for Washington, DC, to sign a trade deal with Canada after the latter's Prime Minister Mark Carney announced that he plans to recognise the state of Palestine. This was yet another threat against an American ally that came on the eve of a deadline to impose tariffs.
Prime Minister Carney on Wednesday said that Canada would recognise Palestine as a state if the Palestinian Authority commits to certain conditions, including holding elections. The move came days after France announced that it would do the same, and the United Kingdom also followed suit.
STORY CONTINUES BELOW THIS AD
'That will make it very hard for us to make a trade deal with them,' Trump wrote during a social media rampage on his platform TruthSocial shortly after midnight on Thursday. Trump's comments on the matter came as he set a deadline of August 1 for countries to finish negotiating trade deals with his administration.
Canada is in rough waters with the Trump administration
Otherwise, he warned that tariffs up to 50 per cent would be imposed on the products they send to the United States. If the Trump administration goes through with its threat, from Friday, exports from Canada, the US's second-largest trading partner, would bear a 35 per cent tariff.
Since taking office in January this year, the Trump administration has often pressured the American allies to change their policies to avoid high tariffs. Recently, his threat to pull out of trade talks with Cambodia and Thailand seemed to contribute to a quick cease-fire agreement after a five-day conflict between the countries.
STORY CONTINUES BELOW THIS AD
On Wednesday, the president stirred yet another storm after he announced 25 per cent tariffs on Indian goods, calling it a penalty for purchasing oil and military equipment from Russia. Earlier this year, he threatened Canada with tariffs if it did not act to curb fentanyl trafficking through its border with the United States, which is minimal.
Canada's announcement followed a similar move last week by President Emmanuel Macron of France to recognise Palestine. Meanwhile, UK Prime Minister Keir Starmer announced on Tuesday that Britain would recognise Palestine if Israel did not reach a cease-fire agreement on the war in Gaza by September. Apart from Carney, Trump has also dismissed Macron's announcement, saying it 'doesn't carry any weight'.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Businesses Continue to Face Uncertainty After Latest U.S. Tariff Blitz, ICC Says
Businesses Continue to Face Uncertainty After Latest U.S. Tariff Blitz, ICC Says

Hindustan Times

time25 minutes ago

  • Hindustan Times

Businesses Continue to Face Uncertainty After Latest U.S. Tariff Blitz, ICC Says

Businesses around the world are still seeking clarity on the barriers they will face as exporters to the U.S., with many pausing big decisions on investment and hiring, according to the deputy head of the International Chamber of Commerce. President Trump raised tariffs on scores of countries late Thursday, but delayed their implementation until Aug. 7. That came after his trade-deal deadline for many countries to clinch agreements or face tariff hikes expired. However, the tariff announcements lacked detail, adding to uncertainties that include decisions that have yet to be taken on key sectors, as well as continuing talks with China and others, and the legal status of the new duties. 'Last night's announcement provides confirmation that the administration is set on applying generally higher tariff rates,' said Andrew Wilson, deputy secretary-general of the ICC. 'But at a more practical level, we still see companies struggling to understand how the country specific rates will apply in practice.' Wilson said a particular issue is whether the new tariffs outlined in Trump's executive order will be added to existing duties—stack in trade jargon—or replace them. 'The Executive Order only states the headline tariff rate, with no specifics as regards their implementation aside from the E.U. deal,' he said. Uncertainty about the tariff framework dates back to Trump's victory in the November election, although it ratcheted up when he announced a series of huge increases on April 2 and then suspended those rises pending negotiations. The deadline for those talks was then extended, but, despite Thursday's announcements, questions remain. Still, figures released earlier this week showed the eurozone's economy avoided a forecast contraction during the second quarter, while the U.S. returned to expansion after a first-quarter contraction. Data published last month pointed to continued strong growth in China during the second quarter. 'We've certainly avoided the biggest risk that we saw several months ago, which was widespread tit-for-tat retaliation and a global rise in protectionism,' Wilson said in an interview with The Wall Street Journal. But Wilson said it is likely too early to draw any firm conclusions about the impact of tariff rises on the global economy. 'There are still so many uncertainties, so many delays in decision making that it may be too early to tell,' he said. The uncertainty relates not just to the level at which tariffs will settle, but also whether they are legal. Federal appeals judges on Thursday pushed back against the president's claims that a 1977 law addressing economic emergencies gives him the ability to rewrite the tariff schedule. 'What we have heard major executives say is that, if you don't know what the tariff rate is going to be next week, let alone next month, let alone in three years' time, how on earth can you make an investment that will take eight to ten years, possibly even more, to pay off,' Wilson said. For the ICC, which represents 45 million businesses in 170 countries, it is at least clear that the Trump administration is determined to push tariffs sharply higher, and that the TACO jibe—which asserts that Trump Always Chickens Out—has little truth. 'The conclusion we've come to is that essentially this administration is looking at how far it can push the effective rate, in the first instance without freaking out the financial markets,' Wilson said. Equity markets fell back Friday in response to the new announcement of higher tariffs, but to a much smaller degree than after the April 2 surprise. Write to Paul Hannon at

Delhi Zoo to raise ticket prices by ₹20
Delhi Zoo to raise ticket prices by ₹20

Hindustan Times

time25 minutes ago

  • Hindustan Times

Delhi Zoo to raise ticket prices by ₹20

The Delhi Zoo management is planning to increase the ticket price from ₹80 to ₹100 as the premises is also likely to be revamped. Officials said the raise is to make the prices at par with other zoological parks across the country. Officials said the raise is to make the prices at par with other zoological parks across the country. (AFP Photo) The last hike in entry charges took place in 2021, when the zoo re-opened after Covid-19. The charges were doubled – from ₹40 to ₹80 for adults. Before that, the prices were hiked in 2013, from ₹20 to ₹40 for adults. 'In several states and countries across the world, the average ticket price per adult is over ₹100. So our proposal is likely to be on par with these rates. In the recent meeting, a discussion was held regarding a possible hike, which may see ticket charges increase. The last revision came in 2021,' said a zoo official, stating a file on the issue has not been sent to the ministry yet. The Delhi Zoo opened in 1959 and officials said, at the time, the ticket entry fee was 20 paise for adults and 10 paise for children between 5 and 12 years and free for children below 5 years of age. Visitors were also provided a physical map of the zoo for navigation at an additional cost of 5 paise. 'The map would be a souvenir and also helped visitors identify where to go. It had details of the major enclosures,' said the official, stating several programmes and development initiatives were currently underway to enhance the overall visitor experience, adding that the ticket pricing structure is part of this broader effort. On weekends, the Delhi Zoo receives around 8,000 to 10,000 visitors per day, while on weekdays, the footfall ranges between 4,000 to 6,000, officials informed.

U.S.-Russia nuclear war: Is World War 3 happening? What we know so far
U.S.-Russia nuclear war: Is World War 3 happening? What we know so far

Economic Times

time25 minutes ago

  • Economic Times

U.S.-Russia nuclear war: Is World War 3 happening? What we know so far

Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads FAQs Donald Trump-led United States of America and Vladimir Putin-headed Russia are two of the most high profile nuclear armed countries. Any possibility of clashes will be nothing short of catastrophic and a possible World War III . In a warning to Russia, President Donald Trump said Friday he's ordering the repositioning of two U.S. nuclear submarines 'based on the highly provocative statements' of the country's former president, Dmitry Medvedev, who has raised the prospect of war online. A member of the Russian Parliament Duma has said that there are enough Russian nuclear submarines in the high seas to tackle two American subs dispatched by US President Donald Trump to counter number of Russian nuclear submarines in the world's oceans is significantly higher than the American ones, and the subs that US President Donald Trump ordered to be redirected to the appropriate regions have long been under their control. So no response from the Russian Federation to the American leader's statement about the submarines is required, a senior Russian lawmaker, Viktor Vodolatsky, was quoted as saying by on Friday, Trump wrote on his Truth Social post that he had ordered the redeployment of US submarines "to appropriate regions" allegedly over "extremely provocative statements" by former Russian President Dmitry Medvedev, who is also the deputy chairman of the Russian Security United States has a total of 14 Ohio Class nuclear-powered submarines, each capable of carrying up to 24 Trident II D5 ballistic missiles that can deliver multiple thermonuclear warheads up to 4,600 miles. Between 8 and 10 Ohio Class submarines are deployed at any one time, according to the Nuclear Threat Initiative arms control currently operates 54 nuclear-powered submarines, including both strategic and attack types, out of an overall submarine force of about 79 vessels. 14 nuclear-powered ballistic missile submarines (SSBNs)—Russia's sea‑based nuclear deterrent—comprise eight modern Borei‑class (Project 955/955A) and six older Delta III/IV boats. 13 nuclear-powered guided‑missile submarines (SSGNs), including six Oscar II‑class and seven Yasen‑class (Project 885/885M), serve as precision strike platforms with cruise- and hypersonic‑capable munitions. 16 nuclear-powered attack submarines (SSNs)—primarily upgraded Akula‑class and a few Sierra‑class boats used for anti‑submarine warfare and sea denial missions."Let the two US subs sail, they have been in the crosshairs for a long time now," the Russian lawmaker said. "A fundamental agreement that must be concluded between Russia and America so that the whole world calms down and stops talking about the beginning of World War III," he posted on his social media site that, based on the 'highly provocative statements' from Medvedev, he had 'ordered two Nuclear Submarines to be positioned in the appropriate regions, just in case these foolish and inflammatory statements are more than just that.' The president added, 'Words are very important, and can often lead to unintended consequences, I hope this will not be one of those instances.'Meanwhile, editor-in-chief of Russia in Global Affairs magazine, Fyodor Lukyanov, said that Trump's nuclear submarine statement should not be taken seriously for now."Trump, as we know, runs his own channel and reacts, so to speak, emotionally, humanly and spontaneously. I think that the armed forces, the naval forces of the United States read this with great surprise. If this exchange of opinions continues, and Trump continues to be drawn into it, then, one way or another, he will probably have to take some action. In my opinion, so far this is only at the level of words," Lukyanov told local private news channel RBC responding to a media question over US State Department Secretary Marco Rubio's recent interview with Fox News, Russian Foreign Minister Sergei Lavrov said that Russia agrees with the US administration that a direct military confrontation between Moscow and Washington must not happen."While Europeans are hysterically pushing for Ukraine's integration into NATO and preparing for potential conflict with Russia, US Secretary of State Marco Rubio recently reaffirmed a responsible stance, explicitly stating that a direct military confrontation between the United States and Russia must be avoided. We wholeheartedly concur with this position. Such shared understanding has been facilitated through constructive Russian-American dialogue," Lavrov wasn't clear what impact Trump's order would have on U.S. nuclear subs, which are routinely on patrol in the world's hotspots, but it comes at a delicate moment in the Trump administration's relations with has said that special envoy Steve Witkoff is heading to Russia to push Moscow to agree to a ceasefire in its war with Ukraine and has threatened new economic sanctions if progress is not made. He cut his 50-day deadline for action to 10 days, with that window set to expire next talk by a U.S. president about potential nuclear military capabilities raises concerns, the security experts said, noting that the United States has historically refrained from matching Russia's nuclear-saber rattling given the risks surrounding the world's most devastating weaponry."This is irresponsible and inadvisable," said Daryl Kimball, executive director of the Arms Control Association advocacy group. "No leader or deputy leader should be threatening nuclear war, let alone in a juvenile manner on social media."Hans Kristensen of the Federation of American Scientists noted that U.S. nuclear submarines – part of the so-called nuclear triad with bombers and land-based missiles – were always positioned to launch nuclear-armed missiles at targets in Russia."The subs are always there all the time and don't need to be moved into position," he said. "He grants Medvedev a response to these crazy statements."A1. President of USA is Donald Trump.A2. President of Russia is Vladimir Putin.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store