Canadian Prime Minister Mark Carney will meet with US President Donald Trump on Tuesday to discuss tariffs and the US-Canada relationship. The meeting comes after Carney's Liberal Party was re-elected in recent Canadian federal elections. Despite concerns about avoiding public arguments, like those between Trump and Ukrainian President Volodymyr Zelensky, Carney remains optimistic about the constructive nature of the conversation.
https://www.montanarightnow.com/national/canadian-prime-minister-to-meet-trump-in-dc/article_eda1eb8e-1c3b-5905-bc2f-f66aab1f793c.htmlChina is evaluating a US offer for negotiations on tariffs, but wants Washington to show sincerity and be willing to scrap the high levies that have disrupted global markets and supply chains. The US has imposed 145% tariffs on many Chinese products since April, while China has retaliated with 125% duties on US imports.
https://www.manilatimes.net/2025/05/03/business/top-business/china-evaluating-us-tariff-talks-offer/2104831China has softened its stance in US tariff talks amid growing tensions between the two nations. The country is reviewing proposals to ease trade war restrictions, according to reports. Meanwhile, factory orders in Vietnam have been cancelled due to concerns over Chinese spy claims, with some companies re-evaluating their supply chains.
https://www.scmp.com/news/china/article/3308906/china-softens-stance-us-tariff-talks-spy-claims-condemned-scmp-daily-highlights?module=top_story&pgtype=sectionChina's confirmation of its willingness to discuss a trade deal with the US is seen as a positive step by analysts, but does not indicate a softening of Beijing's stance. China has set conditions for talks, including the removal of US tariffs imposed on China, and is in no rush to engage in discussions. The US should demonstrate sincerity by addressing its "wrong practices" if it wants to talk, according to Victor Gao, vice-president of the Centre for China and Globalisation.
https://www.scmp.com/economy/china-economy/article/3308860/chinas-trade-talk-comments-aim-ramp-pressure-us-analysts-say?module=top_story&pgtype=section#commentsThe European Union may commit to spending an extra $56 billion on American products to resolve the trade dispute with US President Donald Trump. EU Trade Commissioner Maros Sefcovic said that while certain progress has been made, the EU will not accept a 10% tariff on its goods. The US trade deficit with the EU is approximately $56 billion per year, which Sefcovic believes can be addressed through purchases of liquefied natural gas and other agricultural products.
https://www.hurriyetdailynews.com/eu-could-spend-56-billion-on-us-goods-to-avert-trade-war-208726India and the US are set to sign a trade pact, with JD Vance calling Indian Prime Minister Narendra Modi a "tough negotiator". The deal is expected to be among the first major agreements between the two countries.
https://www.livemint.com/economy/among-the-first-deals-india-us-trade-deal-soon-says-jd-vance-calls-pm-narendra-modi-tough-negotiator-11746191417902.htmlPakistan's Defence Minister Asif has stated that Islamabad will pursue the matter of India's unilateral suspension of the Indus Water Treaty (IWT) with concerned stakeholders. The minister accused Indian Prime Minister Narendra Modi of staging a "drama" for political gains ahead of elections, citing increased global pressure on India and its failure to present evidence to support claims against Pakistan. Asif claimed that international community rejected Modi's allegations against Pakistan, stating that India is only taking retaliatory action, while Islamabad vows to confront India's "deliberate destabilisation efforts".
https://www.thenews.com.pk/latest/1307590-pakistan-to-strike-structures-if-india-tries-to-block-water-warns-defence-ministerCorporate America owes the US $87 trillion in climate change damages, according to Mark Gongloff's opinion piece on Bloomberg Editorial. This estimate suggests that the country's carbon footprint has resulted in significant financial losses, and it is time for action to mitigate these costs.
https://news.bloomberglaw.com/esg/corporate-america-owes-us-all-87-trillion-mark-gongloffNational Security Adviser Ajit Doval has maintained consistent relationships with global counterparts despite US leadership changes. As India's National Security Advisor since 2014, Doval is considered Prime Minister Narendra Modi's most trusted aide. He has navigated complex relationships with former US officials including Michael Flynn, John Bolton, and Robert O'Brien. The current chaos in Washington has diplomatic side effects, such as the lack of a readout from the US Department of Defence after a call between Defence Secretary Mark Esper and Indian Defence Minister Rajnath Singh following the Pahalgam terror attack. In contrast, Doval's steady hand has anchored policy and fostered trust internationally, offering a lesson for India in how consistent leadership can be beneficial.
https://www.firstpost.com/world/waltz-vs-doval-what-india-can-teach-us-about-nsas-and-stability-13885004.html