vDonald Trump Postpones Tariffs on Canada and Mexico Following Market Reaction

 

Donald Trump Postpones Tariffs on Canada and Mexico Following Market Reaction

On Thursday, Donald Trump announced that additional tariffs would be imposed on April 2, stating they would be "reciprocal in nature." 

The US President postponed certain tariffs aimed at Canada and Mexico, prompting the Canadian government to pause planned counteractions. This decision offers some relief for businesses and consumers after a significant market reaction. 

Financial markets dropped sharply when Trump's tariffs, which could reach 25 percent, were implemented on Tuesday, as experts cautioned that widespread tariffs might hinder US economic growth and increase inflation. 

However, on Thursday, Trump decided to delay new tariffs affecting Canadian and Mexican goods under the North American trade pact, though he rejected claims that his actions were a response to the market's downturn. 

This pause, effective until April 2, brings comfort to car manufacturers. 

In the automotive industry, components often pass back and forth across North American borders throughout production processes. 

After discussions with the "Big Three" American car manufacturers—Stellantis, Ford, and General Motors—Washington previously announced a one-month exemption for vehicles under the United States-Mexico-Canada Agreement (USMCA). 

A White House spokesperson informed journalists that approximately 62 percent of Canadian imports will still be subject to the new tariffs, though many of these are energy-related products that will face a reduced tariff rate of 10 percent. 

Approximately fifty percent of imports from Mexico enter through the USMCA. 

Trump stated on Thursday that the latest actions create "much more favorable conditions for our American car manufacturers." 

Following Trump's announcement, Canadian Finance Minister Dominic LeBlanc communicated on X that Canada "will not move forward with the second round of tariffs on $125 billion of US goods until April 2, while we continue negotiations for an end to all tariffs." 

Trump reiterated on Thursday that further tariffs would be introduced on April 2, indicating they would be "reciprocal in nature." He had previously promised reciprocal duties to address what Washington considers unfair trading practices. 

At that time, Canadian and Mexican products may still incur tariffs. 

The US President also declared that he would not alter existing tariffs for steel and aluminum imports, which are scheduled to go into effect next week. 

Despite Trump’s partial delay of tariffs, US stock markets continued to decline on Thursday.

SpaceX Starship explodes near the Bahamas after disintegration in orbit

SpaceX Starship explodes near the Bahamas after disintegration in orbit

On Thursday, the launch of Starship took place as part of a test mission to deploy dummy satellites into orbit, following an earlier launch attempt that resulted in an explosion nearly two months prior. 

Minutes after its launch, SpaceX’s Elon Musk experienced a loss of control over Starship in space, with the engines shutting off, according to the company's live broadcast. Shortly after, various social media clips captured bright debris from the spacecraft blazing through the twilight skies above southern Florida and the Bahamas. 

The Federal Aviation Administration imposed temporary ground stops at Miami, Fort Lauderdale, Palm Beach, and Orlando airports due to "space launch debris" lasting until at least 8 p.m. ET, per a report from Reuters. The disintegration of Starship in orbit was visible on the SpaceX live stream, which displayed the spacecraft spinning out of control. 

In a subsequent update, SpaceX stated that during the ascent phase, "the vehicle underwent a rapid unscheduled disassembly and communication was lost," and that its team "quickly initiated coordination with safety officials to execute pre-arranged emergency procedures." 

We will analyze the information from today's flight test to gain a clearer insight into the underlying issues. As has always been the case, our success stems from the lessons we learn, and today’s flight will provide further insights to enhance Starship's dependability.

Justin Trudeau claims Trump's tariff conflict seeks to undermine Canada for 'simpler annexation'

Justin Trudeau claims Trump's tariff conflict seeks to undermine Canada for 'simpler annexation'
Justin Trudeau claims Trump's tariff conflict seeks to undermine Canada for 'simpler annexation'

 

Justin Trudeau claims Trump's tariff conflict seeks to undermine Canada for 'simpler annexation'

The Canadian Prime Minister, Justin Trudeau, held a passionate press conference regarding the commencement of a trade dispute with the United States.

On Tuesday, Trudeau asserted that the purpose of President Donald Trump's tariff conflict is to weaken Canada’s economy, facilitating its annexation. Shortly after Trump announced a 10% tariff on Canadian energy imports and 25% on other goods, Canada swiftly retaliated with a 25% tariff on C$30 billion of US imports, such as cosmetics, electronics, tires, fruit, and wine, and promised to target an additional C$125 billion in 21 days if warranted.

Trudeau also responded to Trump’s claims regarding fentanyl trafficking, stating, “The rationale he’s using for these tariffs related to fentanyl is entirely unfounded, wholly unjustified, and completely incorrect. His true intention appears to be the complete downfall of Canada’s economy, which would simplify the process of annexation.”

“Let us not deceive ourselves about his apparent goals. We will never become the 51st state,” Trudeau insisted.

‘Catering to Putin’ 

Trudeau referred to the US president informally, saying, “I want to address one particular American, Donald. I don’t usually find myself agreeing with the Wall Street Journal, but Donald, they have pointed out that despite your intelligence, this is a misguided move,” Trudeau continued.

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March 05, 2025 at 08:45AM
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March 05, 2025 at 09:13AM

Mahakumbh: An Ode to India's Timeless Splendor and Humility

 

Mahakumbh: An Ode to India's Timeless Splendor and Humility

Recently, a friend and I journeyed to the Sangam at the Mahakumbh in Prayagraj, aiming to grasp the spirit of the world's largest gathering. We spoke to two policemen who were tirelessly managing one of the Khoya-Paaya (lost and found) stations. These hubs proved bustling during the Mahakumbh, filled with worried individuals and proactive officials, along with volunteers attempting to communicate in broken Assamese, Telugu, and other languages, using hand signals to assure the distressed that their loved ones would soon be found.

I inquired of one officer whether dealing with lost children or elderly pilgrims posed a greater challenge. Without hesitation, he stated, "it's always the senior citizens. They’re generally from different regions, and the language barrier complicates matters. There’s considerable anxiety about whether their relatives will return. While parents may panic when their children go missing, they usually manage to locate them in the end." 

British economist Joan Robinson once expressed, "The frustrating thing about India is that whatever you can rightly say about India, the opposite is also true." This observation has frequently aided my understanding of the nation. It reflects not just the varying dynamics of India across different periods, but it holds true for us as Indians as well. 

I take pride in the paradoxes present within my country, and here’s why: while the policeman’s account was revealing, I also encountered a deeply moving experience at the same Mahakumbh.

I met a large family from Hubbali, Karnataka, consisting of 21 members who journeyed to the Mahakumbh after visiting Ayodhya. One of the elders had gone missing while they were in Ayodhya, only to be found after six hours of anxiety. In their fear, the family crafted a lengthy tether made from at least a dozen dupattas to link them together as they walked.

"The eldest among us is 89, and the youngest is just 3 years old. We will never take such a risk again," one woman from the family shared with me. Her dedication to ensuring her family’s safety was commendable—a testimony to the fact that even in the massive crowd at the Kumbh, lost souls ultimately reunite with their families.

At the Mahakumbh, nearly every pilgrim I encountered recounted a story of a relative they had misplaced. A doctor from Gujarat even carried a photograph of her deceased grandparents, who had taken her to her first Kumbh many years ago. Temple visits have always played a vital role in my life, serving as sanctuaries that provided my family with comfort and a profound sense of cultural identity. Thus, when it came to attending the Kumbh, there was never any question of whether I would partake in the sacred dip.

Justin Trudeau claims Trump's tariff conflict seeks to undermine Canada for 'simpler annexation'

Justin Trudeau claims Trump's tariff conflict seeks to undermine Canada for 'simpler annexation'

 

Justin Trudeau claims Trump's tariff conflict seeks to undermine Canada for 'simpler annexation'

The Canadian Prime Minister, Justin Trudeau, held a passionate press conference regarding the commencement of a trade dispute with the United States.

On Tuesday, Trudeau asserted that the purpose of President Donald Trump's tariff conflict is to weaken Canada’s economy, facilitating its annexation. Shortly after Trump announced a 10% tariff on Canadian energy imports and 25% on other goods, Canada swiftly retaliated with a 25% tariff on C$30 billion of US imports, such as cosmetics, electronics, tires, fruit, and wine, and promised to target an additional C$125 billion in 21 days if warranted.

Trudeau also responded to Trump’s claims regarding fentanyl trafficking, stating, “The rationale he’s using for these tariffs related to fentanyl is entirely unfounded, wholly unjustified, and completely incorrect. His true intention appears to be the complete downfall of Canada’s economy, which would simplify the process of annexation.”

“Let us not deceive ourselves about his apparent goals. We will never become the 51st state,” Trudeau insisted.

‘Catering to Putin’ 

Trudeau referred to the US president informally, saying, “I want to address one particular American, Donald. I don’t usually find myself agreeing with the Wall Street Journal, but Donald, they have pointed out that despite your intelligence, this is a misguided move,” Trudeau continued.

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March 05, 2025 at 08:45AM

"Nation will no longer be woke": US President Donald Trump in first address to Congress during his second term

 

"Nation will no longer be woke": US President Donald Trump in first address to Congress during his second term

The address, which marked his initial speech to Congress since being sworn in on January 20, follows the announcement of Donald Trump’s new tariffs affecting Mexico, Canada, and China. 

"Our nation will no longer embrace wokeness," stated US President Donald Trump in his first Congressional speech after regaining office, further mentioning that hiring will focus on qualifications and capabilities. 

"We hold the view that regardless of whether one is a physician, an accountant, or a flight controller, employment should rely on ability and qualifications, not on race or gender," Donald Trump expressed.

"Employment should be dictated by merit, and a significant ruling by the Supreme Court has permitted us to adopt this approach,” he remarked, emphasizing his directive that establishes “the official stance of the United States government to recognize only two genders - male and female.”

Donald Trump claimed responsibility for restoring “Free speech” in America, referencing his recent order declaring English as the official language of the United States and the renaming of the “Gulf of Mexico.”

Justin Trudeau claims Trump's tariff conflict seeks to undermine Canada for 'simpler annexation'

 

Justin Trudeau claims Trump's tariff conflict seeks to undermine Canada for 'simpler annexation'

The Canadian Prime Minister, Justin Trudeau, held a passionate press conference regarding the commencement of a trade dispute with the United States.

On Tuesday, Trudeau asserted that the purpose of President Donald Trump's tariff conflict is to weaken Canada’s economy, facilitating its annexation. Shortly after Trump announced a 10% tariff on Canadian energy imports and 25% on other goods, Canada swiftly retaliated with a 25% tariff on C$30 billion of US imports, such as cosmetics, electronics, tires, fruit, and wine, and promised to target an additional C$125 billion in 21 days if warranted.

Trudeau also responded to Trump’s claims regarding fentanyl trafficking, stating, “The rationale he’s using for these tariffs related to fentanyl is entirely unfounded, wholly unjustified, and completely incorrect. His true intention appears to be the complete downfall of Canada’s economy, which would simplify the process of annexation.”

“Let us not deceive ourselves about his apparent goals. We will never become the 51st state,” Trudeau insisted.

‘Catering to Putin’ 

Trudeau referred to the US president informally, saying, “I want to address one particular American, Donald. I don’t usually find myself agreeing with the Wall Street Journal, but Donald, they have pointed out that despite your intelligence, this is a misguided move,” Trudeau continued.