Syria Detains Group Over Rocket Attacks on Damascus Military Airport Amid Hezbollah Allegations 
Medvedev Warns World Is Growing More Dangerous but Says Russia Seeks to Avoid Global Conflict 
U.S. Approves Over $6.5 Billion in Military Sales to Israel Across Three Defense Contracts 
Oil Prices Slide Nearly 3% as U.S.-Iran Talks Ease Geopolitical Tensions 
Trump Proposes Two-Year Shutdown of Kennedy Center Amid Ongoing Turmoil 
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
Keir Starmer Urges Prince Andrew to Testify in U.S. Epstein Investigation 
Dollar Holds Firm as Markets Weigh Warsh-Led Fed and Yen Weakness Ahead of Japan Election 
South Korea Factory Activity Hits 18-Month High as Export Demand Surges 
Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes 
U.S. Accuses Cuba of Harassing Top Diplomat Amid Rising Tensions 
China Home Prices Rise in January as Government Signals Stronger Support for Property Market 
Laura Fernandez Set to Become Costa Rica’s Next President, Promising Sweeping Political Change 
Israel Intensifies Gaza Airstrikes Amid Ceasefire Tensions 
U.S. Government Faces Brief Shutdown as Congress Delays Funding Deal 
India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures 
Prime Minister Mark Carney announced that Canada is prepared to restart trade negotiations with the United States after President Donald Trump halted discussions due to an anti-tariff advertisement released by Ontario’s provincial government. The controversy arose when the ad featured edited audio and video of former U.S. President Ronald Reagan criticizing tariffs, prompting Trump to label the commercial “fraudulent” on social media.
Carney, who has visited the White House twice since taking office, has been striving to negotiate the removal of U.S. tariffs on steel, aluminum, and autos—measures that have hurt Canada’s economy. Ontario Premier Doug Ford confirmed that while the province’s ad campaign would continue through the World Series weekend to reach American audiences, it will pause on Monday to allow trade discussions to resume.
Carney emphasized his commitment to “constructive negotiations” with U.S. officials and expressed optimism about reviving talks for the benefit of both nations’ workers and industries. Meanwhile, Trump administration officials, including White House economic adviser Kevin Hassett, criticized Canada’s “lack of flexibility,” blaming Ottawa for stalled progress.
The Reagan Presidential Foundation condemned Ontario’s ad, saying it selectively used and edited Reagan’s 1987 address without authorization, misrepresenting his stance on tariffs. The foundation noted that Reagan’s original message acknowledged tariffs as a temporary measure, not a rejection of free trade.
In addition to the ad controversy, Canada recently cut tariff-free import quotas for General Motors and Stellantis, citing reduced domestic production. The tensions add to concerns surrounding Trump’s escalating trade policies, which have raised U.S. tariffs to their highest levels in decades.
Despite these challenges, Carney reiterated Canada’s readiness to continue dialogue, saying both economies stand to benefit from fair and open trade.
