Trump Escalates Trade Tensions With Canada and Eyes Global Tariff Hikes
President Donald Trump intensified his confrontational trade agenda late Thursday by announcing a proposed 35% tariff on Canadian imports
Volkswagen's German carmaker fined €135m by a Toronto court after pleading guilty to 58 counts of violating Canadian environmental laws in a worldwide scandal for manipulating data on the diesel emissions of his cars, France Press and DPA reported.
The company was indicted in December last year from the Canadian authorities for importing nearly 128,000 vehicles in the country between 2008 and 2015 that violated local exhaust emission standards.
Globally the scandal has already cost the company more than €30bn in fines, penalties and buyback costs.
The company said last month it had reached "a proposed plea resolution" in Canada without giving more details, BBC reported.
In 2015, Volkswagen admitted to equipping nearly 11 million of its vehicles with software that provided incorrect data on the exhaust emissions of their diesel engines, giving the false impression that these cars were more environmentally friendly than they were.
“This resolution serves the public interest. It reflects the gravity of the conduct, and is consistent with Canadian sentencing principles,” said prosecutor Tom Lemon in a statement. “This is an unprecedented fine in Canada. It is 26 times greater than the highest federal environmental fine ever imposed.”, prosecutors said.
At a recent briefing, Russian Foreign Ministry spokeswoman Maria Zakharova accused Bulgaria, alongside Poland, Finland, and Romania, of taking part in the smuggling of Western weapons from Ukraine
Public confidence in President Donald Trump’s second-term policies remains tepid
The parents mourning the victims of the Kocani tragedy expressed deep outrage following a tense meeting with Prime Minister Mickoski, describing the encounter as a profound affront to their pain
EU countries have reportedly reached a consensus on the bloc’s 18th round of sanctions against Russia
The United States announced late Thursday that all parties involved in the Syrian conflict had agreed to take “specific steps” to halt the violence, with hopes of de-escalation beginning “tonight”
Bulgaria's inflation rate stood at 3.1% in June, according to data released by Eurostat
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