Canada retaliatory tariffs on US goods take effect

43 min agoThe French artificial intelligence startup closed its largest funding round at 3 billion euros, valuing the company at more than 21 billion euros and bringing Samsung into its investor base. The company said it remains committed to developing advanced models despite criticism from some experts that it has shifted focus toward data centers and commercial services.

1 h agoUAE President Mohamed bin Zayed warned Netanyahu in September 2023 of a plan by Yahya Sinwar for an exceptional operation, approximately one and a half weeks before the October 7 attack. Netanyahu did not brief Israel's security chiefs about the warning, according to an investigation conducted for a new book. Netanyahu's office denies the account.

1 h agoRussia resumed attacks on Kyiv after a three-day halt that coincided with visits by a US envoy. A White House official said next steps in diplomatic efforts would be announced in coming weeks.

2 h agoCanada's counter-tariffs on US products took effect Tuesday as trade tensions escalate between the North American neighbors. The tariffs cover $20 billion of goods affecting 700 products across multiple industries, matching US tariffs dollar-for-dollar. The move follows the collapse of trade talks in late August, with US officials threatening further retaliation.

2 h agoChina's exports rose 25% year-on-year in August, accelerating from July's 23.9% growth, the General Administration of Customs said on Tuesday. Imports swelled 28.2% year-on-year, faster than July's 27.5%, driven by global demand for technology products amid a worldwide AI buildout.

2 h agoYemen's Houthis launched attacks on four southern Saudi cities, wounding 73 people including women and children, the Saudi-led coalition said on Tuesday. The coalition spokesperson vowed a firm response to what he called a dangerous escalation by the Iran-backed militia.

3 h agoStarting Tuesday, companies must post cash deposits equal to 99.2% of the value when importing the chemical from Japan, according to Beijing's Commerce Ministry. China said the Japanese imports were priced artificially low. Japan's chief cabinet secretary said the government would work to prevent unfair harm to Japanese companies.

3 h agoWith the midterm elections two months away in November, President Donald Trump's low approval ratings are imperiling Republican chances of maintaining their narrow majorities in Congress. Midterm elections typically serve as a referendum on the sitting president, according to election experts.

4 h agoPresident Donald Trump threatened Monday to block US sales of Canadian aircraft maker Bombardier unless it shifts production to the country, citing "unjust and unfair" bilateral trade provisions. The threat comes as Canada prepares to impose retaliatory tariffs on US goods beginning Tuesday, and marks the second major action by Trump against the manufacturer this year.

4 h agoUrsula von der Leyen, the European Commission president, announced 200 million euros in Greenland investments during a visit to the Arctic territory. The EU has proposed doubling direct aid to Greenland under its next budget, with funds targeting critical minerals, satellite communications and renewable energy.