Munich Security Conference final day focuses on Europe’s global role
The Munich Security Conference concludes on Sunday (15 February) with discussions centred on Europe’s role in an increasingly unstable global landsc...
U.S. President Donald Trump said Monday that details would soon follow on newly announced tariffs on furniture imports, which include levies of up to 50% set to take effect this week.
Trump posted on social media that “substantial tariffs” would apply to any country not producing its furniture in the United States, pointing to lost manufacturing jobs in North Carolina.
Last week, the White House unveiled a 50% tariff on imported kitchen cabinets and vanities and a 30% tariff on upholstered furniture, with the measures scheduled to begin on October 1.
Industry executives have voiced concern, warning the U.S. lacks sufficient domestic production capacity to replace imports from China, Mexico, and Vietnam. Leaders at Williams-Sonoma and RH (Restoration Hardware) flagged potential cost pressures during recent earnings calls.
The tariffs come amid broader trade measures that have already raised consumer prices on goods ranging from clothing to televisions, as companies juggle supply chain disruptions, higher raw material costs, and shifting U.S. tariff policy.
The administration has framed the tariffs as part of its push to bring manufacturing back to the U.S., though businesses fear they will trigger higher prices for consumers in the coming months.
American figure skating star Ilia Malinin endured a dramatic collapse in the men’s free skate on Friday night, falling twice and tumbling out of medal contention at the Milan Cortina Winter Olympics as Kazakhstan’s Mikhail Shaidorov surged to a surprise gold medal.
U.S. Ambassador to NATO Matthew Whitaker said China has the power to bring an end to Russia’s war in Ukraine, arguing that Beijing is enabling Moscow’s military campaign.
“Respected and feared globally,” U.S. President Donald Trump told troops at Fort Bragg on Friday (13 February), framing America’s renewed strength against to mounting pressure on Iran amid stalled nuclear talks.
Dubai-based global ports operator DP World said on Friday that its long-serving chairman and chief executive, Sultan Ahmed Bin Sulayem, has stepped down following mounting pressure linked to alleged ties to disgraced financier Jeffrey Epstein.
Speaking at Munich Security Conference, Ukrainian foreign minister Andrii Sybiha calls for decisive steps ahead of expected Geneva talks
The Munich Security Conference concludes on Sunday (15 February) with discussions centred on Europe’s role in an increasingly unstable global landscape, including security coordination, economic competitiveness and the protection of democratic values.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 15th of February, covering the latest developments you need to know.
Australia will spend A$3.9bn to build a new shipyard for AUKUS nuclear-powered submarines, Prime Minister Anthony Albanese has announced, marking a major step in the trilateral defence pact with the U.S. and Britain.
Britain, France, Germany, Sweden and the Netherlands said on Saturday (14 February) they are convinced that late Kremlin critic Alexei Navalny was poisoned with a lethal toxin in a Russian penal colony two years ago.
Ukrainian President Volodymyr Zelenskyy said on Saturday that Russia’s decision to change the leadership of its delegation for upcoming peace talks in Geneva appeared to be an attempt to delay progress.
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