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.

Apple is scheduled to report its fiscal first-quarter earnings after the market closes on Thursday, with investors closely monitoring whether strong holiday demand for iPhones can offset rising costs and uncertainty around artificial intelligence investments. The company’s fiscal first quarter, which concludes in December, is traditionally its most important period of the year due to seasonal consumer spending. According to consensus estimates compiled by LSEG, analysts expect App

Shares of German software company SAP fell sharply on Thursday after the company reported weaker-than-expected growth in its cloud contract backlog for the fourth quarter, unsettling investors and triggering its steepest one-day decline in more than four years. The stock dropped as much as 16% during the session, marking its largest daily fall since October 2020, when the company suffered a sharp sell-off following disappointing quarterly results. By the close of trading, SAP shares were at t

As the Union Budget 2026 draws closer, India’s gems and jewellery industry has stepped up its demands for policy reforms aimed at reviving demand, supporting employment and improving transparency. Industry leaders believe the upcoming Budget can play a decisive role in restoring consumer confidence at a time when global trade uncertainty and high prices have made buyers cautious. With jewellery being both a cultural and economic mainstay, the sector is urging the government to adopt growth-

Justin Bieber is set to make a highly anticipated return to the global spotlight as he prepares to perform at the Grammy Awards 2026, marking his first major public performance since 2022. The announcement has generated widespread excitement among fans and industry insiders, as the pop star steps back onto one of music’s biggest stages after a four-year hiatus from large-scale live events. The ceremony, scheduled to take place this Sunday, is expected to be a defining moment in Bieber’s o

India has reiterated its firm support for Israel and renewed its condemnation of terrorism in all forms, with Foreign Secretary Vikram Misri drawing clear parallels between the Hamas attacks of October 7, 2023, and India’s long experience with cross-border violence. Speaking at an International Holocaust Remembrance Day commemoration hosted by the Israeli Embassy in New Delhi, Misri underscored India’s position that acts of terror cannot be justified under any circumstances and must be co

Southwest Airlines passengers completed their final boarding-day routines under the carrier’s open seating model on Monday, closing a chapter on a system that defined the airline for more than five decades. Beginning Tuesday, Southwest officially transitioned to assigned seating, a move that places the Dallas-based airline closer to industry norms followed by most major U.S. carriers. Under the new approach, customers flying Southwest will receive designated seat assignments and m

Arijit Singh, one of the most influential voices in contemporary Hindi cinema, has announced that he will no longer take on new assignments as a playback singer, a decision that has sent shockwaves across the Indian music industry and among millions of fans. The announcement comes after a career spanning nearly 15 years, during which Singh established himself as a defining sound of modern Bollywood music. The singer shared the news through a note posted on his social media account a

United Parcel Service announced Tuesday that it plans to eliminate approximately 30,000 positions during the current year as the company continues to wind down its longstanding business relationship with Amazon and executes a broader, multi-year turnaround strategy. The workforce reduction is expected to be driven primarily by lower shipping volumes connected to the gradual exit from Amazon-related operations. Speaking during a conference call with analysts following the release of

Infosys, the global information technology giant, is set to hire 20,000 college graduates in FY27, reinforcing its strong push into the artificial intelligence (AI) services sector. The announcement comes at a time when many companies in the tech industry are facing layoffs, positioning Infosys as a major player in the growing demand for AI-driven solutions. CEO Salil Parekh confirmed the hiring plan at the World Economic Forum (WEF) in Davos, where he highlighted the changing demand landscap

Amazon is poised for a new round of layoffs, expected to affect as many as 16,000 employees, adding to the 14,000 roles eliminated in the previous round. These job cuts come as part of Amazon's broader restructuring plan, aimed at streamlining its operations and becoming more efficient, particularly in light of shifting demands in the tech industry and the growing influence of artificial intelligence. The latest wave of layoffs is set to target several core teams, including those at Amazon We

United States President Donald Trump on Wednesday expressed strong optimism about the future of India–US trade relations, indicating that discussions between the two countries were moving in a positive direction. Speaking about the ongoing trade negotiations, Trump highlighted his confidence that both sides would be able to arrive at a mutually beneficial agreement, underlining the importance of c

Global geopolitics is witnessing a major shift as India positions itself for what is being described as the “Mother of All Trade Deals” with the European Union. This development comes at a time when United States President Donald Trump has intensified tariff pressures and sanctions on several nations, including India. These aggressive trade policies have forced multiple global powers to rethink their economic alliances, creating fresh opportunities for India on the international stage.

A major global streaming company has revised the terms of its previously announced acquisition of a leading entertainment studio, converting the transaction into a full all-cash deal valued at approximately $82.7 billion. The amendment preserves the original per-share valuation while removing the stock component of the agreement, a move that underscores the intensifying competition and high stakes shaping the global media and streaming sector. The original agreement, announced in la

Netflix has officially amended its massive 83 billion dollar acquisition deal with Warner Bros Discovery, confirming that the transaction will now be executed entirely in cash. The announcement was made on January 20, 2026, marking a major shift in one of the largest media consolidation moves in Hollywood history. The revision signals Netflix’s confidence in its financial position and strengthens its strategic intent to secure full control over Warner Bros without involving stock or mixed p

China’s manufacturing success was attributed to cheap labour. That perception has now changed completely. Factory wages in China have climbed close to eight dollars per hour, far higher than those in Vietnam, Malaysia, Thailand, and India. By cost logic alone, China should have lost its position as the world’s manufacturing hub. Instead, it continues to dominate global production, contributing nearly 28 percent of worldwide manufacturing output. The reason lies not in wages, but in produc

Naomi Osaka once again proved that tennis and fashion can share the same spotlight as she made a dramatic entry at the Australian Open 2026. Ahead of her first round match against Antonia Ruzic, the four time Grand Slam champion walked onto the court wearing an ocean blue tie dye tracksuit jacket, paired with flowing white wide leg trousers, a wide brimmed hat, and a white umbrella. The look immediately caught the attention of fans, photographers, and commentators, with videos of her entrance

The Defence Procurement Board has cleared a proposal to acquire 114 additional Rafale fighter aircraft, marking a major step forward in India’s effort to strengthen its air combat capabilities. The clearance, granted after an initial examination of the case, advances one of the Indian Air Force’s most significant modernisation plans aimed at addressing long-standing operational gaps and preparing for future security challenges. The proposal is intended to narrow the difference b

Hundreds of U.S. troops have begun evacuating from a major air base in Qatar as part of a coordinated precautionary effort amid rising tensions with Iran. The move comes as the U.S. administration considers a range of military and diplomatic options in response to Iran’s crackdown on nationwide protests, raising concerns about potential retaliation against American forces stationed across the region. Service members at Al Udeid Air Base are being relocated to other military installa

Amid ongoing geopolitical tensions, trade disputes, and armed conflicts across multiple regions, China quietly achieved two major economic milestones in 2025, underscoring its continued influence over global manufacturing and trade. Official data released this month shows that the country recorded the largest annual trade surplus in its history while further consolidating its position as the world’s leading automobile producer and seller. These achievements came despite persistent pressures