US – Ukraine Signs Rare Earth Elements Deal

Long awaited Rare Earth Elements deal has been signed between USA and Ukraine. However, instead of 300b, US claimed it injected into the war is reduced to 100b ore closure to Ukrainian estimate. Concurrently, over 900 dead bodies of Ukrainian soldiers are received in Kiev. That vent signals the end of the devastating war that […]

US imposes 145% tariff on Chinese products

After Chinese retaliatory tariff President Trump has imposed more tariff on Chinese products making it 145%, the highest so far. Canadian Steel, Aluminum and Cars face 25% tariffs, however, Canada is also imposing retaliatory tariff of 25% on cars imported from US.

Military Hardware Wouldn’t Be Returned – Afghanistan

Abdul Qahar Balkhi, a spokesperson of the Ministry of Foreign Affairs of Afghanistan said in a television interview that the military assets wouldn’t be returned to United States and said that now they belong to Afghanistan. When asked, “what about in exchange of frozen assets?”, he said no. He further said that the frozen assets […]

US tariff decisions regretted – EU

European Unition President Ursula Leyen twitted and expressed deep concern on US tariff imposed this morning. In a Tweet she said, “I deeply regret the US decision to impose tariffs on EU automotive exports. President Trump imposed 25% tariffs on all automobile imports from Europe. Tariffs are taxes – bad for businesses, worse for consumers, […]

Tesla Stocks Closed at $248.71 (NASDAQ)

Tesla stocks were ramping down from Feb 19, 2025 when Tesla was at US$360.56 Tesla Inc. (TSLA) to US$222,15 on March 10, 2025, a huge loss to stockholders. On Friday it picked up a little, perhaps a change due to vandalism against Tesla. Majority of the people don’t appreciate when people damage other’s properties and […]

Carney met Premiers – Making Extraordinary Decisions

Friday, Prime Minister Carney met with premiers in Ottawa and announced “free trade” between provinces by Canada Day. Carney has scrapped the hike in capital gain tax. He will allow deferring the corporate GST and HST payments for more cash available to fight the war started by South. He would be doubling the indigenous loan […]

Canadian Oldest Giant is Liquidating

Court has read its decision. Except 6 stores in the country, all Hudson Bay stores would be closing. 3 stores one in Richmond Hill, one in Yorkdale mall and one in Toronto and 3 in Quebec will remain open to carryout liquidation. Hudson Loyalty Point Card, 59m worth, has no value for the customers now […]

Prime Minister paid a visit to King Charles III

After visiting Emmanuel Macron, the President of France Prime Minister Carney touched down UK and paid a visit to the King who happened to be the Canadian head of state. After visiting Buckingham Palace he went to 10 Downing Street and met Keir Starmer, the Prime Minister of the United Kingdom. In his short visit […]

Canada charged 300% tariff on Cheese and Butter

White House Press Secretary, Karoline Leavitt, exhibited how much Canadian tariff was on American cheese and butter, 300%. “Hard working Americans has been ripping off”, she said. “Canada has not been treating us very fairly at all” she added and shown some charts how much Canada, Japan and India is hurting American products by tariffs.

25% Tariff is coming on Steel and Aluminum

Monday the 10th February, President Trump would be imposing 25% tariff on Aluminum and Steel. Province of Quebec would suffer badly because US is the biggest buyer and to find new buyers would not be that easy soon. For steel, it may not hurt that much. For US, it is doing to protect their steel […]