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Ontario Premier Doug Ford has paused an anti-tariff advertisement campaign. This move follows US President Donald Trump’s decision to end trade negotiations with Canada. The campaign aimed to highlight the impact of tariffs on American workers and businesses. Ford stated the intention was to start a conversation about the economy.

The FATF cautioned Pakistan that exiting the greylist doesn’t grant immunity from scrutiny over money laundering or terrorist financing. Countries, including those delisted, must continue tightening safeguards against illicit financial activities, as terror groups reportedly exploit digital wallets and crypto channels for funding.

China and the United States commenced trade talks in Malaysia on Saturday, aiming to de-escalate a costly tariff dispute. The discussions, led by Vice Premier He Lifeng, address key economic and trade issues amidst new tariff tensions and threats of further levies. President Trump seeks a favorable deal to end the ongoing trade war.

President Trump expressed confidence that US sanctions on Russia’s top oil companies, Rosneft and Lukoil, would have an impact, despite Russian President Putin’s claims otherwise. Putin acknowledged the sanctions were serious but maintained Russia’s economy remained resilient. The US aims to cut off funding for Russia’s war efforts and encourages allies to join the sanctions.

Three Indian companies, Aerotrust Aviation, Ascend Aviation India, and Shree Enterprises, have been sanctioned by the European Union. These firms are accused of supplying restricted items like advanced technologies to Russia’s military, contributing to its defence sector. The EU’s move is part of its 19th sanctions package against Russia over its Ukraine invasion.

President Trump has halted all trade negotiations with Canada, citing a recent advertisement featuring Ronald Reagan protesting US tariffs as “egregious behavior.” The $75 million Ontario-funded ad uses Reagan’s words to warn against trade barriers. The Ronald Reagan Foundation has dismissed the ad as a misrepresentation and is considering legal action.

Gold price prediction today: Gold prices are expected to trade within a limited range, leaning towards a bearish outlook, according to LKP Securities. Analysts suggest a cautious approach, advising investors to consider selling on rallies.

The IMF urged Asian nations to reduce non-tariff barriers and enhance regional trade integration to mitigate vulnerability to US tariffs and global economic shocks. Increased intra-Asian trade, particularly in intermediate goods, offers a buffer against external disruptions. Broader trade agreements and voluntary barrier reductions are encouraged to boost regional GDP.