US President Donald Trump has intensified trade tensions with Canada by threatening to impose sweeping tariffs on Canadian-made aircraft, opening a new chapter in an already strained bilateral relationship. In a statement issued on Thursday, Trump said the United States could levy tariffs of up to 50 per cent on aircraft sold from Canada into the US market, citing what he described as Canada’s refusal to certify American-made business jets. The president also announced plans to decertify all aircraft manufactured in Canada for use in the United States, a move he said would remain in effect until Canadian regulators approve a series of jets produced by Gulfstream Aerospace. The warning was delivered through a post on Truth Social, where Trump accused Canadian authorities of erecting regulatory barriers that unfairly block American products. In his remarks, Trump singled out the Bombardier Global Express business jet, which is manufactured in Quebec, arguing that Ottawa has benefited from access to the US market while allegedly denying similar treatment to American manufacturers. He claimed Canada had “wrongfully and illegally” refused to certify the Gulfstream 500, 600, 700, and 800 models, which he described as among the most advanced aircraft in the world. According to Trump, the lack of certification effectively prevents Gulfstream from selling its jets in Canada. Trump warned that unless the situation is resolved immediately, the United States would move forward with punitive tariffs on all aircraft imported from Canada. He framed the threat as a matter of fairness and reciprocity, asserting that American companies should not face obstacles abroad while foreign competitors enjoy broad access to the US market. The aircraft dispute is the latest flashpoint in a broader deterioration of relations between the United States and Canada since Trump returned to office last year. Political and economic friction between the two long-time allies has grown steadily, with trade policy emerging as a central source of conflict. Earlier the same day as Trump’s comments, Canadian Prime Minister Mark Carney publicly urged Washington to respect Canadian sovereignty, following reports of contacts between US officials and Alberta separatist groups. Trade tensions have also been fueled by Canada’s recent diplomatic engagement with China. Trump has repeatedly warned Ottawa against deepening economic ties with Beijing, arguing that such moves could undermine US interests. He has threatened to impose tariffs as high as 100 per cent on Canadian goods if Canada proceeds with a trade agreement with China, a warning he reiterated over the weekend. In a series of earlier social media posts, Trump mocked Carney by referring to him as “Governor” and cautioned that Canada should not act as a conduit for Chinese goods entering the US market. He claimed that closer ties with Beijing would leave Canada economically vulnerable and pledged swift retaliation if such an agreement were finalized. The remarks came shortly after Carney visited Beijing, marking the first visit by a Canadian leader to China in nearly a decade. The escalating rhetoric underscores the growing uncertainty surrounding North American trade and the aerospace sector in particular. With aircraft manufacturing representing a significant industry for both countries, analysts say prolonged disputes over certification and tariffs could have far-reaching economic consequences. For now, the standoff highlights how regulatory disagreements and geopolitical concerns are increasingly shaping trade relations between Washington and Ottawa.

Global financial markets moved sharply lower Tuesday as renewed political tensions between the United States and Europe triggered a broad sell America trade, prompting investors to reduce exposure to U.S. assets. The shift came after President Donald Trump escalated rhetoric surrounding Greenland and proposed new tariffs targeting several European countries, reviving fears of a widening trade conflict and long-term economic fallout. U.S. bond prices fell steeply, pushing Treasury yi

United States President Donald Trump has once again defended his administration’s tariff policies, claiming that the strategy has played a major role in strengthening the U.S. economy and boosting the stock market. Since returning to office for his second term, Trump has emphasized a renewed focus on economic nationalism, arguing that countries trading with the United States must pay tariffs determined by the government to protect American interests. In his latest remarks, Trump a

U.S. President Donald Trump conceded in a recent interview that imposing a 100% tariff on Chinese imports would not be a lasting policy, saying, “It’s not sustainable, but that’s what the number is.” He asserted that Beijing “forced me to do that,” pointing to China’s tighter export controls—especially on rare earth elements—as justification for the heightened measur

The United States has warned that steep tariffs could soon be imposed on China if Beijing proceeds with its newly announced restrictions on rare earth exports, heightening concerns of another trade confrontation between the two largest economies in the world. U.S. Trade Representative Jamieson Greer said Tuesday that the decision now rests largely on China’s next actions, suggesting that the situation remains fluid in the run-up to a crucial diplomatic meeting later this month. Pr

Prime Minister Narendra Modi sent a strong message of economic self-reliance while inaugurating the Uttar Pradesh International Trade Show in Greater Noida. Against the backdrop of a tariff war with the United States, Modi said that “India is not ready to be dependent on anyone.” He urged traders and manufacturers to embrace the vision of Atmanirbhar Bharat by focusing on local production and promoting swadeshi goods.

The imposition of tariffs on India by President Donald Trump has triggered widespread debate in policy circles, not only in India but also in the United States, where senior officials have issued contradictory statements about the rationale behind this decision. Trump recently announced a 50 per cent tariff on India as a punishment for purchasing Russian oil, but in a move that has raised eyebrows, he refrained from imposing any similar measures on China, a cou

Chinese Foreign Minister Wang Yi's visit to India marks a crucial moment in the efforts to reset strained relations between the two neighboring giants. This is the first time in three years that Wang Yi has visited India, signaling an important opportunity for both countries to engage on key issues such as border disputes and regional security. Wang Yi's meeting with India’s Foreign Minister, S. Jaishankar, and his scheduled meeting with Prime M

US President Donald Trump has once again taken a hardline stance on trade, defending his controversial tariff policies and warning of dire consequences if they are overturned. Among his recent moves was the imposition of a 50% tariff on Indian imports — a decision that has already sparked concerns in business and diplomatic circles. The tariffs, part of a broader trade strategy, have significantly impacted goods coming from India, including gems, jewelry, and other key exports

China has issued a firm response to remarks made by United States President Donald Trump regarding the imposition of additional tariffs on countries aligning with the BRICS bloc. The Chinese government strongly opposed what it described as the coercive use of tariffs in international diplomacy, saying such tactics undermine global cooperation and stability. The statement came after President Trump warned that the United States could impose an extra 10 percent tariff on imports from countries tha

US President Donald Trump has announced a major breakthrough in trade relations with China, confirming that a new deal includes guaranteed upfront delivery of rare earth elements to the United States and a renewed visa pathway for Chinese students. Posting on Truth Social, Trump declared the agreement “done,” pending final approval from Chinese President Xi Jinping and himself. He emphasized that under the terms, the US would receive “full ma

The cost of tariffs remains one of the most contentious and difficult aspects of international trade policy. While politically charged, the real impact on American consumers can be analyzed by modeling how the proposed tariffs influence retail prices of everyday goods. A detailed analysis by retail consultancy AlixPartners shows just how significantly shoppers might feel the pinch under former President Donald Trump’s proposed and existing tariffs, particularly when it comes to commonly

A logistics company in the Bay Area is experiencing unexpected business growth due to rising tariffs introduced under the Trump administration. These policy changes have reshaped international trade routes and transformed how companies handle imported goods, particularly increasing demand for bonded warehouses — specialized storage spaces where tariffs don’t apply until items are officially brought into the domestic market. Francisco Garcia, founder of Lynx Logistics i

Tesla CEO Elon Musk has announced a partial retreat from his high-profile government role to refocus on Tesla, a move that comes in the wake of a dramatic downturn in the company’s sales and profits. During a recent earnings call, Musk informed investors that starting in May, his commitment to the Department of Government Efficiency (DOGE) would be scaled back to just one or two days per week. He defended his involvement with DOGE, stating it was part of a mission to combat national was