China has imposed a 75.8 percent tariff on Canadian canola products, accusing Ottawa of “dumping” underpriced canola seed into the Chinese market to harm domestic farmers. The Chinese Ministry of Commerce announced the measure Tuesday, with implementation beginning Thursday. Beijing’s move is widely viewed as retaliation for Canada’s 100 percent tariff on Chinese electric vehicles (EVs) last year under then–Prime Minister Justin Trudeau.
China has announced sanctions against two Lithuanian banks, UAB Urbo Bankas and Mano Bankas AB, in retaliation for the European Union’s recent inclusion of Chinese financial institutions in its latest sanctions package against Russia.
The Trump administration has commissioned the polar icebreaker USCGC Storis, marking a historic step in Homeland Security Secretary Kristi Noem's "mission to transform the U.S. Coast Guard into a more agile, capable fighting force ready for the challenges of the 21st century," DHS announced.
Chinese dictator Xi Jinping pledged Beijing’s support for Brazil in resisting U.S. trade pressure during a phone call Monday with Brazilian President Luiz Inácio Lula da Silva. The discussion came as Brazil’s relationship with Washington deteriorates over President Donald Trump’s push for a new trade deal tied to human rights demands.
President Donald Trump has shifted his position on Intel CEO Lip-Bu Tan, just days after demanding Tan step down over reported ties to Chinese companies. The reversal came following a White House meeting with Tan, Secretary of Commerce Howard Lutnick, and Secretary of the Treasury Scott Bessent.
China has pledged full support to Brazil in resisting President Donald Trump’s escalating tariff policy, calling it a threat to global trade stability and a violation of international law. In a Wednesday phone call, Chinese Foreign Minister Wang Yi offered to deepen strategic cooperation with Brazil against what he called the “external uncertainties” created by the United States.
