Efforts to establish a coordinated global tax regime for tech giants and ultra-wealthy individuals are unraveling, as US President Donald Trump pulls back support and threatens new tariffs. The move has reopened transatlantic tensions and cast uncertainty over years of negotiations aimed at curbing tax avoidance and closing loopholes exploited by multinationals.Tech tax standoffOn February […]
Canada PM and Liberal Party leader Mark Carney Canada’s prime minister Mark Carney on Saturday unveiled the Liberal Party’s “platform” (election manifesto) for the federal election scheduled for April 28. Also Read | Canada elections 2025 explained: Who’s running, who can vote, what to watch and why it matters“In a crisis, you need a plan. […]
As tensions deepen in the US-China trade war, Beijing appears to be shifting tactics by addressing the American public directly, instead of engaging solely with the Trump administration. In its latest effort, China has launched a social media campaign to counter the prevailing belief among many Americans that tariffs imposed by President Donald Trump primarily […]
US Congress failed to pass a crucial budget resolution on Wednesday, delaying President Donald Trump’s sweeping tax cut proposals. Internal disagreements among Republicans, particularly House conservatives demanding deeper spending cuts, forced leadership to cancel the vote. The delay threatens Trump’s broader agenda, including border security and energy plans, while exposing tensions within the GOP’s slim […]
Donald Trump faces challenge as his tariffs hit global economy. As America grapples with volatile markets triggered by Donald Trump’s reciprocal tariffs to countries, a new YouGov Survey revealed that a majority pf American adults are deeply skeptical about the policy and more than half of those polled said they regard the policy as the […]
In a move that could reshape the way Americans are taxed at the state level, Mississippi and Kentucky have launched ambitious plans to eliminate personal income taxes—something no US state has done in more than four decades.The last time this happened was in 1980, when oil-rich Alaska scrapped its income tax. Now, with budget surpluses […]
Thousands gathered at the ‘Hands Off’ protest Crowds in cities across the United States and beyond took to the streets on Saturday, raising homemade signs and chants aimed at US President Donald Trump and billionaire Elon Musk, in what organisers called the largest coordinated protest since Trump began his second term after assuming office this […]
Mike Pence slammed Trump tariff and said this will decimate real family income. Mike Pence who was the vice president in Donald Trump‘s first term claimed that the tariffs that Trump announced on April 2 are nearly ten times more than those imposed during the Trump-Pence administration. Calling the reciprocratory tariffs the largest peacetime tax […]
TOI Correspondent from Washington: The Trump White House on Monday unloaded on India’s effort to protect its agricultural sector ahead of across-the board-tariff (taxes) on all imports that it plans to announce on April 2, claiming the US is being ripped off by rest of the world. Flashing graphics showing tariffs imposed by various countries, […]
As of April 1, the federal consumer carbon price in Canada comes to an end, and Canadians may see a noticeable change at the gas pump. Patrick De Haan, head of petroleum analysis at GasBuddy.com, shared with Global News that the cessation of the carbon tax could lead to a significant decrease in gas prices. […]
