Adidas and Puma may follow Nike in U.S. price hikes
Adidas and Puma are expected to raise prices in the U.S. after Nike increased footwear costs, as rising import tariffs push up expenses across the sportswear industry.
In a retaliatory move against new U.S. tariffs, China’s Commerce Ministry announced Tuesday that it will impose additional tariffs of up to 15% on key U.S. agricultural products, while also expanding controls on business activities with major U.S. companies.
The new tariffs are set to take effect on March 10, with goods already in transit exempt until April 12.
The extra tariffs target several important farm exports, including chicken, pork, soy, beef, wheat, corn, and cotton. Specifically, U.S.-grown chicken, wheat, corn, and cotton will incur an additional 15% tariff, while tariffs on sorghum, soybeans, pork, beef, seafood, fruit, vegetables, and dairy products will be increased by 10%.
China is a major importer of American farm products, and its measures come as a response to U.S. President Donald Trump’s recent tariff hikes— which raised duties on Chinese products to 20% and imposed 25% tariffs on imports from Canada and Mexico. Although U.S. agricultural purchases had dipped after the onset of the trade war during Trump’s first term, they later recovered, making this a significant development for U.S. exporters.
The announcement was made just a day before the annual session of China’s parliament, where economic issues including deflation are expected to be key discussion points. The extra tariffs and expanded trade limits underscore the ongoing tit-for-tat escalation between the two nations as each side seeks to protect its domestic industries amid a broader trade dispute.
Tensions flare in the India-France Rafale deal as France refuses to share the fighter jet’s source code, limiting India’s ability to integrate indigenous weapons and reducing its combat autonomy.
France has rejected India’s request to share source codes needed to integrate indigenous weapons into Rafale fighter jets. Despite repeated appeals, French manufacturer Dassault Aviation has refused to compromise on the issue
AnewZ and Kazakhstan’s Jibek Joly/Silk Way TV channel co-hosted a special AnewZ Talks in Astana at Maqsut Narikbayev University (MNU), uniting global experts and young leaders at Silk Road Media Group’s journalism school to explore the growing intersection of media and diplomacy.
Anton Kobyakov, adviser to Russian President Vladimir Putin, claimed at the St. Petersburg International Legal Forum that the USSR’s dissolution was legally invalid and that the Soviet Union still exists under constitutional law, framing the Ukraine war as an “internal process.”
The Tehran Dialogue Forum 2025, scheduled for May 18–19, will host 200 international guests, including 40 current and former European officials.
The 7th Ethnosport Culture Festival kicked off in Istanbul with Azerbaijan’s 100-member team and famed Karabakh horses drawing major attention.
Baku hosted the 6th plenary meeting of the UN’s GlobE Network, gathering anti-corruption officials from 92 countries to strengthen global cooperation and chart the network’s next steps.
The second meeting of customs leaders from Central Asia and China was held in Almaty, focusing on digitalization, AI integration, border crossing agreements, and expanding cooperation to strengthen regional trade and logistics.
Azerbaijan’s Minister of Economy Mikayil Jabbarov has been appointed Chairman of the Board of Governors of the Islamic Development Bank Group, with the 2026 Annual Meeting set to take place in Azerbaijan.
During President Shavkat Mirziyoyev’s official visit to Slovenia, Uzbekistan and Slovenia signed several important agreements covering visa exemptions for diplomats, education, transport, smart cities, water management, and tourism to enhance bilateral cooperation.
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