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.
Apple posted its highest March-quarter revenue in over two years, hitting $95 billion, as consumers rushed to buy devices ahead of new U.S. tariffs. The revenue spike, a five percent year-over-year increase, reflects growing economic uncertainty tied to the ongoing U.S.-China trade war under President Donald Trump’s tariff policy.
Canada's 2025 federal election delivered a stunning upset as the Liberal Party, led by Mark Carney, retained power despite trailing in polls just months prior.