With the recent news of popular MPV models dropping below 200,000 RMB, many potential buyers may be rethinking their vehicle purchasing decisions. The affordability and practicality of MPVs have always been appealing to families and businesses alike, but with prices hitting this new low, it's time to reassess whether an MPV is still the right choice for you.
(Bloomberg) — Canada is examining the use of export taxes on major commodities it exports to the US — including uranium, oil and potash — if incoming President Donald Trump carries out his threat to impose broad tariffs. Export levies would be a last resort for Canada, according to officials familiar with the discussions inside Prime Minister Justin Trudeau’s government. Retaliatory tariffs against US-made goods, and export controls on certain Canadian products, would be more likely to come first, said the people. But commodity export taxes — which would drive up costs for US consumers, farmers and businesses — are a real option if Trump decides to start a full-scale trade war, said the officials, speaking on condition they not be identified. Trudeau’s government may also propose giving itself expanded powers over export controls as part of a scheduled update on the country’s fiscal and economic situation to be released on Monday, they said. Canada is by far the largest external supplier of oil to the US; some refineries depend on buying cheaper Canadian heavy crude and have few alternatives to it. The US Midwest would be hit particularly hard by higher costs. Fuel makers in the region rely on Canada for almost half of the crude they turn into gasoline and diesel. Canadian uranium is also the biggest foreign source of fuel for US nuclear power plants, and potash from the country’s western provinces is a huge source of fertilizer for American farms. Meanwhile, the US Department of Defense has been investing in Canadian projects to secure sources of cobalt and graphite and reduce reliance on Chinese supply chains. For those reasons, some observers have said they expect Trump will exempt commodities from his threat to place 25% levies on goods from Mexico and Canada, and focus instead on using tariffs against their manufacturing industries. In Canada’s case, that includes the auto manufacturing, aerospace and aluminum sectors, which are centered in Ontario and Quebec, where about 60% of Canadians live. Trudeau’s government would have no choice but to respond if Trump simply exempted energy while hitting all other Canadian products, said the officials, adding that’s a scenario that could prompt the use of export taxes by Canada. ‘Terrible Idea’ But for the prime minister, going down this path would cause serious political divisions within Canada. Oil, uranium and potash production are concentrated in the western provinces of Alberta and Saskatchewan. Those provinces are the strongest voter base for Conservative Leader Pierre Poilievre, and their provincial governments are staunch right-wing opponents of Trudeau. “It’s a terrible idea,” Alberta Premier Danielle Smith said when asked about the possible use of export taxes. “I don’t support tariffs on Canadian goods and I don’t support tariffs on US goods because all it does is make life more expensive,” Smith said. “Instead, we’re taking a diplomatic approach and we’re meeting with our allies in the US.” Saskatchewan Premier Scott Moe said export taxes “are the wrong approach and Saskatchewan will vehemently oppose the federal government imposing export taxes on our potash, uranium or oil.” In an emailed statement via a spokesperson, Moe said Trudeau has not brought up export taxes during his phone calls with premiers, so “if they are under consideration, that would be a complete betrayal by the Trudeau government of the team approach they have been advocating and a complete betrayal of Canadians.” The Canadian dollar extended losses after the Bloomberg News report, falling as low as C$1.4212 per US dollar. Shares of some Canadian commodities producers, including uranium miner Cameco Corp. and potash producer Nutrien Ltd., intially dropped. A spokesperson for industry group Fertilizer Canada said export curbs are a bad idea. “Due to the significant role fertilizer plays in food security, we consider it a humanitarian product and as such should not be subject to trade restrictions,” spokesperson Kayla FitzPatrick said by email. High-Grade Uranium Although oil has received the most attention, uranium is also a critical source of imported energy for the US. Due to its civilian-military dual uses, the Canadian government can already apply export controls under existing authorities. Canada supplies the US with about a quarter of its uranium needs for nuclear reactors, with the bulk of the material coming from ultra-high-grade mines in Saskatchewan. Cameco, the world’s second-largest uranium producer, sells its uranium and fuel services directly to nuclear utilities predominantly in the Americas. US nuclear reactors rely heavily on uranium imports, as domestic production of the material is virtually non-existent. Trudeau has publicly said Canada’s economy would be devastated if Trump followed through with 25% tariffs on everything the US imports from Canada. An export tax on commodities is a risky proposition for the Canadian economy, too — energy products alone make up about 30% of its exports to the US. Steve Verheul, who was Canada’s chief trade negotiator during Trump’s first term and is now a private consultant, raised the prospect of export taxes as a tool Canada might need to use in a negotiation over tariffs. Trump may decide to exempt oil, gas and food from his tariff plan, Verheul said at a Bank of Montreal event last week. Canadian officials are well aware of this, he said, and there is a discussion that it could “make sense for Canada to apply export taxes to those products in order to try to negotiate a broader exemption across all the sectors,” he said. “I think this fight could escalate in certain ways if that kind of action is taken,” Verheul said. Chrystia Freeland, Canada’s finance minister and deputy prime minister, has also suggested retaliation involving commodities. After a meeting with provincial premiers on Wednesday, she said some of them had proactively listed items — including critical minerals and metals — that could be part of a response. Trudeau has experience battling Trump on tariffs during the renegotiation of the North American Free Trade Agreement in 2017 and 2018. Trudeau’s primary goal is still to avoid a trade war with its No. 1 trading partner, and his government is planning major announcements on border security to show they are responsive to Trump’s goal of stemming the flow of migrants and fentanyl into the US. Canada is a much smaller source of both compared with Mexico, according to US government data. —With assistance from Jacob Lorinc and Erik Hertzberg. (Updates with chart, market reaction, beginning after the fifth paragraph.)The Three-Dimensional World low-code platform is the culmination of years of research and development, combining the latest technologies and best practices to deliver a user-friendly and efficient solution. By leveraging the power of low-code development, companies can significantly reduce the time and resources needed to create and deploy software applications. This means faster time-to-market, increased productivity, and a competitive edge in today's fast-paced business environment.
As we mourn the loss of "Liu Big Beautiful," may her legacy live on through the memories she shared with her fans and the love she inspired in those around her. Let us remember her not for the circumstances of her passing, but for the joy and beauty she brought into the world during her time as a beloved social media influencer. Liu Dameili may be gone, but her spirit and influence will continue to shine brightly in the hearts of those who cherished her presence.Set in a realm where music holds the key to unlocking hidden truths and overcoming treacherous obstacles, "Melody's Song" takes players on an epic journey filled with mystery and adventure. The game's innovative mechanics combine intricate puzzles with the art of chanting ancient songs, creating an immersive experience like no other.
However, the sudden reversal of fortune for NVIDIA underscores the inherent risks that come with operating in a highly competitive and regulated industry. Antitrust investigations can have far-reaching implications for companies, as evidenced by the steep decline in NVIDIA's market value. The uncertainty surrounding the investigation has rattled investors and raised questions about the company's future profitability.Whether he is gracing the covers of fashion magazines, starring in films, or walking the runway at fashion shows, Patrick Schwarzenegger continues to make waves with his undeniable star quality and striking appearance. His ability to effortlessly combine poise, style, and substance sets him apart as a true icon in the world of entertainment.In addition to providing medical assistance to the injured cow, the villagers initiated a series of preventive measures to mitigate the risk of future attacks by wild predators. They reinforced the boundaries of their livestock enclosures with sturdy fencing and installed motion-activated lights to deter prowling predators during the night. Furthermore, a community watch program was established, where villagers took turns patrolling the outskirts of the village to keep a vigilant eye out for any signs of potential threats from wild animals.
Game Recap: "Just the Titans" Strike Oil, Take Back Houston With a 32-27 Win Over the Texans - Tennessee TitansStatus quo may have prevailed but there was a tinge of excitement to it with the advent of Priyanka Gandhi Vadra into mainstream national politics and the capturing of a bit of lost ground by UP chief minister Yogi Adityanath. Bypolls, per se, tend to favour the party in power, which is what was seen in a majority of the byelections to the Lok Sabha and state Assemblies held along with the Maharashtra and Jharkhand end-of-term polls. The resounding victory of Priyanka in the Wayanad seat in Kerala vacated by her brother Rahul revalidates the family’s hold on a national political leader image, regardless of the degree of its success in terms of states and number of seats, which may have declined since 2014 and the arrival of BJP. Victory may have been a given for the Congress in a three-way fight with the LDF and the BJP in Kerala. It was the margin by which Priyanka won — by well over four lakh votes — that spells out a promise that this is no one-seat phenomenon of a prominent legacy political personality. A fresh face in Parliament for the grand old party to oppose the ruling coalition and its policy thrusts cannot but be a good thing when a few contentious bills are certain to come to the House. However, it does also engender fear of a parallel power centre that may attract party insiders so far accustomed to seeing only Rahul as the Congress heir. BJP had more than the big Maharashtra win to celebrate as Yogi Adityanath helped the party claw back considerable ground, including a win in a SP stronghold seat, after the lukewarm performance in the Lok Sabha polls in UP to which the party’s fall from the dominant single party majority status could be ascribed. The fact that Bengal is Mamata Banerjee’s fortress hardly needs to be stressed. The TMC sweep in the bypolls is just a reminder that she is the supremo in the eastern state with a unique hold on the people who see her wish as their command. Not to be outdone, prominent Northeast figure Himanta Biswa Sarma delivered a sweep. The recent trend of AAP making Punjab its stronghold was sustained in the bypoll verdict. The surprise may have been Congress’ 3-0 performance in Karnataka as they snatched a seat from the Gowda family. Considering the flak flying from corruption allegations in Bengaluru, the verdict was a reiteration of the hold of ruling parties.
The countdown to the launch had been a thrilling journey filled with sneak peeks, teasers, and promises of a revolutionary experience. Anticipation had been building up for weeks, and as the clock struck midnight, the floodgates were opened, unleashing a wave of eager users onto the platform.
