With the next ODI World Cup in 2027, is it time for the veteran duo of Rohit Sharma and Virat Kohli to make way for young talent? The ICC Champions Trophy has seen some exemplary performances from Indian stars, especially Kohli who is among the top-scoring batters. Rohit, on the other hand, hasn't failed to set the temp at the top but is yet to convert his starts into big scores. As reports emerge over the duo's possible exit from ODI cricket after the Champions Trophy, former India cricketer Aakash Chopra has given his 'honest' verdict. In a video on his YouTube channel , Chopra said that if the duo decide to hang on, the coming two years aren't going to be easy for them by any means. With the ODI World Cup scheduled to be held in 2027, deciding the future course of action isn't going to be an easy task. "It's entirely up to them. I will be very honest, it's not going to be easy. In 2025, Kohli's performance with the bat has been outstandi...
US President Donald Trump said Thursday that he was pausing sweeping tariffs recently imposed on Mexican imports after talks with Mexican President Claudia Sheinbaum, while tensions with Canada continued to simmer amid strong blowback on world markets.
Trump said fresh tariffs targeting Mexico would not apply to trade falling under a pact between the United States, Mexico and Canada for now, adding: "This Agreement is until April 2nd."
On April 2, Canadian and Mexican goods could still face reciprocal levies.
Trump said on Truth Social of his deal: "I did this as an accommodation, and out of respect for, President Sheinbaum. Our relationship has been a very good one."
His remarks stood in sharp contrast with comments following earlier talks with Canadian Prime Minister Justin Trudeau, who he accused of using the dispute to "stay in power."
Trudeau said Thursday that Ottawa will remain in a trade war with Washington for "the foreseeable future" even if there are "breaks for certain sectors."
"Our goal remains to get these tariffs, all tariffs removed," Trudeau added.
Global markets tumbled after Trump's 25 percent tariffs on US imports from Canada and Mexico took effect Tuesday and economists say Americans are likely to face broad-based price rises.
The United States' expanded reprieve for Mexico came a day after the White House gave automakers temporary relief too from the levies that hit everything from lumber to avocado imports.
Record deficit
Since taking office in January, Trump has made a series of tariff threats on allies and adversaries alike, declaring trade wars will be a key part of his foreign policy.
Trump justified the tariffs on the United States' two giant neighbors and vital trade partners, along with China, as a way to stop illegal immigration and trafficking of the deadly drug fentanyl.
However, Canada contributes less than one percent of fentanyl to the United States' illicit supply, according to Canadian and US government data. It is also a relatively minor source of illegal immigration, compared to flows across the Mexican border.
China, meanwhile, has pushed back on US allegations of its role in the fentanyl supply chain, calling this a domestic issue that tariffs will not resolve.
Trump has said tariffs should become a major source of US government revenue, while remedying trade imbalances and practices Washington deems unfair.
The US trade deficit surged to a new record in January according to government data Thursday, as imports spiked while tariff worries flared in the month of Trump's inauguration.
The overall trade gap of the world's biggest economy ballooned 34 percent to $131.4 billion, on the back of a 10 percent jump in imports for the month, said the Commerce Department.
This was the widest deficit for a month on record, dating back to 1992, and the expansion was more than analysts anticipated.
Tariff jitters
Analysts say the US deficit was likely bolstered by gold imports.
But "stripping out this impact, all other imports rose 5.5 percent, indicating front-loading of shipments was in full swing," said Oxford Economics senior economist Matthew Martin.
This refers to a tendency for businesses to try and get ahead of additional costs from potential tariffs, and possible supply chain disruptions.
Economists at Pantheon Macroeconomics said of the surge in gold imports: "Tariff threats are reportedly prompting a mass repatriation of gold holdings to the US from elsewhere, mostly via Switzerland."
US deficits were a key focus of Trump's first administration, and at the time he waged a bruising tariffs war with China in particular.
Since returning to office, Trump has launched plans for "reciprocal tariffs" tailored to each US trading partner, to tackle trade practices deemed unfair by Washington.
He has also threatening tariffs on other imports ranging from semiconductors to autos.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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