Global News for You – Top News – Current News
The United States Supreme Court is due on Wednesday to hear arguments over the legality of Donald Trump’s sweeping tariffs in a case with implications for the global economy that marks a major test of the Republican president’s powers and the willingness of the justices to let him push the limits of his authority. The…
China will suspend for one year the 24 per cent additional tariffs it imposed on US goods in April, while maintaining the 10pc levies also introduced in response to US President Donald Trump’s ‘Liberation Day’ duties, its cabinet confirmed on Wednesday. The State Council’s tariff commission also announced it would remove the duties of up…
South Korean President Lee Jae Myung sought Chinese President Xi Jinping’s help in efforts to resume talks with nuclear-armed neighbour North Korea on Saturday, while Xi told Lee he was willing to widen cooperation and jointly tackle the challenges they face. Lee hosted Xi at a state summit and dinner after an annual summit of…
Chinese President Xi Jinping took the centre stage at a meeting of the Asia-Pacific Economic Cooperation (Apec) on Saturday to push a proposal for a global body to govern artificial intelligence and position China as an alternative to the United States on trade cooperation. The Apec is a consultative forum of 21 nations representing half…
Top Chinese and US economic officials on Sunday hashed out the framework of a trade deal for US President Donald Trump and Chinese President Xi Jinping to decide on later this week that would pause steeper American tariffs and Chinese rare earths export controls, US officials said. US Treasury Secretary Scott Bessent said the talks…
India will not accept limits on its trading choices or rush to sign agreements, Trade Minister Piyush Goyal said on Friday, even as a senior government official said a bilateral trade deal with Washington was “very near”. “India will not sign any trade deal in a hurry,” Goyal said during a speech at the Berlin…
United States President Donald Trump on Friday said India and Russia seem to have been “lost” to China after their leaders met with Chinese President Xi Jinping this week, highlighting his split from New Delhi and Moscow as Beijing pushes a new world order. “Looks like we’ve lost India and Russia to deepest, darkest China….
Saudi Aramco and Iraq’s state oil company SOMO have stopped selling crude oil to India’s Nayara Energy in the aftermath of sanctions imposed in July by the European Union on the Russian-backed refiner, three sources familiar with the matter said. The halting of supply from the two Gulf exporters means Nayara, majority-owned by Russian entities…
United States President Donald Trump said on Monday that India has offered to reduce its tariffs on US goods to zero amid deteriorating ties between the two countries. While calling the US’s relationship with India “one-sided”, Trump wrote on Truth Social, “They have now offered to cut their tariffs to nothing, but it’s getting late….
INDIAN Prime Minister Narendra Modi will visit China for the first time in seven years as he attends the Shanghai Cooperation Organisation (SCO) summit in Tianjin starting today, after being targeted by US President Donald J. Trump with punitive tariffs for importing Russian oil. Former governor of the Reserve Bank of India Raghuram Rajan told…
