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Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad sayin...
U.S. President Donald Trump has signed an executive order pushing back the implementation date for his proposed “reciprocal” tariffs to 1 August, according to The White House.
The implementation of new trade measures, originally set for 9 July, has been postponed. The White House said this extension allows affected countries more time to respond before tariffs take effect.
In an executive order published by The White House, President Trump extended the suspension outlined in Executive Order 14266 until 12:01 a.m. eastern daylight time on 1 August 2025.
“I have determined, based on additional information and recommendations from various senior officials, including information on the status of discussions with trading partners, that it is necessary and appropriate to extend the suspension effectuated by Executive Order 14266 until 12:01 a.m. eastern daylight time on August 1, 2025,” Trump said.
The order also confirmed that a separate tariff suspension on China, under Executive Order 14298 from 12 May, remains unchanged.
On Monday, Trump posted letters on Truth Social addressed to world leaders, notifying them of tariffs ranging from 25% to 40%. Countries include South Africa, Malaysia, Thailand, Indonesia, and others.
The most significant letters were sent to Japan and South Korea, each informed of 25% tariffs on all exports to the U.S. Trump noted these rates could be adjusted based on each country’s response and the state of bilateral relations.
This action is part of Trump’s wider plan to rebalance trade with key partners, targeting nations that apply lower tariffs to U.S. goods than those imposed on their own exports, with the aim of correcting these imbalances.
Overnight Iranian strikes on an air base in Jordan damaged multiple U.S. aircraft and left one without a wing, American media reported. Meanwhile, explosions were heard across parts of southern Iran according to local media reports.
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Mexico and the U.S. are racing to secure a trade deal before the U.S. midterm elections in less than eight weeks, according to six sources familiar with the talks, with failed negotiations between Washington and Canada adding urgency.
A Russian strike on a gas station in Kyiv has killed two people, the city's Mayor Vitali Klitschko said in a statement on Telegram. In Russia, online marketplace Ozon has suspended operations in Saratov, southwestern Russia, following a drone strike on a warehouse in the region.
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad saying the strike originated from Iraq.
Russia's Defence Ministry said its forces struck two cargo vessels overnight in the Ukrainian Black Sea port of Chornomorsk, the Interfax news agency reported on Saturday.
U.S. President Donald Trump said on Saturday he would “love” to see British-run Northern Ireland unify with Ireland, remarks made during a visit to Dublin that drew a sharp response from pro-British unionists in Northern Ireland.
BRICS leaders have called for maximum restraint over the war in the Middle East, warning against actions that could further worsen tensions as the United States and Iran resume strikes against each other.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
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