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Trump Threatens New Tariffs on Canada Over Palestine Support
U.S. President Donald Trump has escalated trade tensions with Canada, just one day before the August 1 deadline to finalize a new tariff deal. Trump stated that reaching an agreement would be "very hard" following Canada’s public endorsement of Palestinian statehood.
If no deal is reached by the deadline, the U.S. plans to impose a 35% tariff on all Canadian imports not covered by the existing U.S.-Mexico-Canada Agreement (USMCA). The move signals growing political and economic friction between the two allies.
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The Pakistan Stock Exchange (PSX) 100-Index concluded Friday with a bearish trend, experiencing a loss of 124.26 points, indicating a negative change of 0.19%. The index closed at 64,514.90 points compared to the previous trading day's closing at 64,639.16 points. Throughou...
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The Saudi stock market is poised to achieve its highest annual closing level in 18 years, with the Tadawul All Share Index (TASI) rising by approximately 13.5% since the beginning of 2023 until the year's end. The market successfully reversed last year's losses of 7.1%, aiming...
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