China's Industrial Profits Reach 7.4 Trillion Yuan in 2025, Reversing Three-Year Decline

The U.S. side declared that if Canada reaches a new trade agreement with China, it will impose tariffs of up to 100% on goods imported from Canada. In response, Foreign Ministry spokesperson Guo Jiakun stated that China and Canada are committed to building a new-type strategic partnership and have reached a series of specific arrangements to properly handle economic and trade issues between the two countries. These measures are not targeted at any third party.

The European Union and India have successfully signed a free trade agreement. Under the agreement, India will eliminate or reduce tariffs on 96.6% of goods exported from the EU to its domestic market. Notably, automobile tariffs will undergo a gradual reduction process, decreasing from the original 110% to a final rate of 10%. At the same time, the EU has committed to eliminating or lowering tariffs on 99.5% of goods imported from India over the next seven years.

U.S. President Trump once again issued a threat to Iran, stating that if action is taken against Iran again, the strikes will be even more severe. Trump also revealed that a large fleet is heading toward Iran and is prepared to carry out missions swiftly. In response to this threat from Trump, Iranian Foreign Minister Araghchi stated that Iran's armed forces are on high alert and will swiftly and decisively retaliate against any violation of Iran's territory, airspace, or territorial waters.