US Treasury Secretary Scott Besant confirmed today that new tariffs will take effect starting August 1 if Washington’s trading partners do not make deals with the US sooner. He warned, “These tariffs could reach up to 50%.”
Hezbollah: Israeli Threats Won’t Make Us Disarm
Hezbollah Secretary-General Naim Qassem today said that Israeli threats will not make the group “surrender” or disarm. His remarks come...
China Hits Back at Europe with Reciprocal Ban
China today responded to the European Union’s move of barring Chinese companies from participating in EU public tenders for medical devices by imposing a similar ban on European firms, marking another chapter in the ongoing trade tensions between the two economies.
Japan to Hold Ground in Talks with Washington
Japanese Prime Minister Shigeru Ishiba today stated that he "will not easily concede" in trade talks with Washington as Tokyo seeks to avoid US tariffs of up to 35% on Japanese goods.
Beijing Urges EU to Avoid “Confrontation”
Chinese Foreign Minister Wang Yi warned his European counterpart to avoid “confrontation” as Beijing seeks to present itself as a stable counterbalance to Washington.
Europe Must Ramp up Aid to Ukraine
European Commission President Ursula von der Leyen stressed that the European Union should ramp up its aid to Ukraine as the United States halts the delivery of certain weapons to the embattled country.
China: US Defense Secretary “Inciting Conflict”
A senior Chinese official accused the US Secretary of Defense Pete Hegseth of “inciting confrontation and conflict”
Ethiopia Completes GERD Project
Ethiopian Prime Minister Abiy Ahmed announced that the Grand Ethiopian Renaissance Dam (GERD) project on the Blue Nile River is completed and will be inaugurated in September.
Iran Suspends Cooperation with IAEA
Iranian President Masoud Pezeshkian has enacted a law today suspending cooperation with the International Atomic Energy Agency, the state television...
Trump: Israel Agrees to 60-Day Ceasefire Terms in Gaza
US President Donald Trump announced Tuesday that Israel has agreed to the necessary conditions to finalize a 60-day ceasefire with Hamas in the Gaza Strip.