U.S. President Donald Trump has threatened to raise U.S. tariffs on Canadian cars, trucks and automotive parts to 50% from 25% beginning Jan. 1, 2027, escalating a trade confrontation with Ottawa after trade talks failed.
Canadian Prime Minister Mark Carney will lead a minority Liberal government after a historic federal election that reshaped the country’s political landscape
Mark Carney, a former central banker and economic crisis manager, was sworn in as Canada’s 24th prime minister on Friday, taking over the leadership from Justin Trudeau, who resigned after nearly a decade in office.
Mark Carney, the former governor of two central banks, is set to become the next prime minister of Canada after winning a resounding victory in the Liberal Party leadership election.
U.S. President Donald Trump has announced an agreement giving the United States majority control over more than 65 billion barrels of Venezuela’s proven oil reserves, establishing a potentially far-reaching U.S. role in the country’s energy sector.
