Russia early on Monday launched missiles and drones targeting Ukraine, waking up Kyiv and the eastern half of the country, a few hours after the one-day Easter ceasefire declared by Russian President Vladimir Putin came to an end. In a post on social media, regional Ukrainian officials said there were no immediate reports of injuries…
The United States government has sanctioned four individuals affiliated with La Nueva Familia Michoacana, LNFM, a Mexican cartel designated as a Foreign Terrorist Organization. The Department of the Treasury, in a statement, said that the Specially Designated Global Terrorists poisoned citizens by trafficking fentanyl and other illicit drugs into America. The Treasury’s Office of Foreign…
China said Friday it would raise tariffs on US goods to 125 per cent but would ignore further levies by President Donald Trump because it no longer makes economic sense for importers to buy from America. After a week of market mayhem as the world’s two largest economies took turns to put up trade barriers,…
President Donald Trump of the United States said on Tuesday that the US is taking in $2 billion per day from tariffs. Trump made this comment without providing details during an event at the White House. Reports says that the president has imposed an array of tariffs on other countries since his second return to…
The European Union Commission President Ursula von der Leyen on Tuesday called for China to ensure a negotiated solution to problems caused by the sweeping import tariffs imposed by US President Donald Trump. Von der Leyen, in a phone call with China’s Premier Li Qiang, emphasised the responsibility of Europe and China, as two of…
Singapore on Tuesday said US President Donald Trump’s tariffs are not actions one does to a friend, stating that the government will likely downgrade this year’s economic growth forecast. Prime Minister Lawrence Wong, in an address to Parliament, warned that the likelihood of a full-blown global trade war is growing, urging his trade-reliant nation to…
A Chinese foreign ministry spokesperson, Lin Jian, said on Monday that threats and pressure are not the right way to deal with China, describing US President Donald Trump’s “reciprocal tariffs” as bullying. Lin, who stated this while speaking at a press conference, stressed that the tariffs are typical unilateralism, protectionism and economic bullying, adding that…
Denmark’s Prime Minister, Mette Frederiksen, will on Wednesday visit semi-autonomous Greenland for talks with the territory’s incoming government. The visit comes after U.S. President Donald Trump’s repeated expressions of interest in controlling the Arctic island. Reports says that Frederiksen begins her three-day trip less than a week after a visit to the territory by U.S….
Taiwan has drawn up plans to help local industries hit by possible US tariffs. the island’s economic minister, Kuo Jyh-huei said Tuesday, as President Donald Trump prepares to unveil sweeping levies against all trade partners. The US president is expected to announce “reciprocal tariffs” on Wednesday, which he has dubbed “Liberation Day”, saying Washington was…
President Donald Trump said Sunday that the tariffs he plans to impose in the coming days will apply to “all countries,” not just those with the largest trade imbalances with the United States. Trump has promised a “Liberation Day” on April 2, when he is set to unveil reciprocal levies to address trade practices that…