Cost pressure: Carmakers see strong sales but lower profits

Rising Commodity Prices, Adverse Forex Movements Take Toll

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India projected to surpass China in affluent consumers by 2036 : Report

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Onion prices surge; Centre to roll out Kanda Express from Monday

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Govt to tighten vehicle lighting rules: Low-beam-only bikes, reduced headlamp glare

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US FTA proposal: What are the '3 American demands' that became deal breaker for Canada

In a significant turn of events, Canada has halted trade negotiations with the United States due to unresolved disagreements. Three critical demands from the US regarding Canada's auto industry and trade agreements proved too contentious. Additionally, restrictions concerning language and culture were deemed unacceptable. As a result, both nations are now enacting retaliatory tariffs on each other's products.

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'Masters in our own home': Canada PM Carney explains why trade talks with US were suspended

Canada has halted trade negotiations with the United States due to perceived inequities in demands, leading to the US imposing hefty tariffs on Canadian exports. In response, Canada has unveiled countermeasures to address these tariffs. Prime Minister Carney criticized the US for its unreasonable requests while providing insufficient concessions. This escalation raises alarms about the future of economic collaboration between the two nations.

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Luxury sales plunge in China as tax push hits rich shoppers

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