Canada Eases Retaliatory Tariffs, Matches USMCA Exemptions in Trade Reset with Trump

Prime Minister Mark Carney announced Canada will drop many retaliatory tariffs to align with US tariff exemptions under USMCA. While most Canadian goods regain tariff-free status, levies remain on autos, steel, and aluminum. The move aims to reset trade talks with President Trump, though critics call it a capitulation.
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Modi and Lula Unite as Trump’s Tariffs Disrupt Global Trade

Prime Minister Narendra Modi and Brazilian President Lula da Silva discuss US President Trump’s 50% tariffs on India and Brazil. The leaders reaffirm their strategic partnership and BRICS unity while exploring trade, technology, and multilateral solutions to the crisis.
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US-China Trade Talks in Stockholm: Truce Extension, Fentanyl Tariffs, and Rare Earth Deal in Focus

As the August 12 tariff deadline looms, high-level US-China trade talks kick off in Stockholm. Topics include fentanyl-linked tariffs, rare earths, and a potential Trump-Xi summit. A truce extension appears likely.
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Lula Slams Trump’s 50% Tariff as “Unacceptable Blackmail” Amid Bolsonaro Trial Tensions

Brazilian President Lula da Silva fiercely rejects Trump’s 50% tariff on Brazilian imports, calling it political blackmail tied to Jair Bolsonaro’s trial. U.S.-Brazil tensions rise over trade, free speech, and sovereignty.
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Trump’s Brazil Tariff: A 50% Political Gamble with Global Implications

Trump’s 50% tariff on Brazilian imports over Bolsonaro’s trial ignites global tension, risking trade fallout, higher coffee prices, and diplomatic strains.
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India Pushes to Finalize US Trade Deal Before Tariff Deadline

India is racing to finalize a trade agreement with the US by August 1, 2025, to avoid new tariffs. Chief negotiator Rajesh Agrawal highlights progress, logistics challenges, and geopolitical complexities.
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Trump Targets Sri Lanka, BRICS with Sweeping Tariffs

President Donald Trump imposes steep tariffs on Sri Lanka, Brazil, BRICS nations, and others, escalating his global trade war ahead of the August 1 deadline. Explore the geopolitical and economic impact of these bold new trade measures.
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