One U.S. crew member rescued after Iran downs warplane, search continues for second
One crew member from a U.S. warplane shot down over Iran has been rescued, U.S. officials said, as a search continues for a second crew member....
U.S. President Donald Trump will travel to China from 31 March to 2 April, the White House has confirmed, for talks with Chinese President Xi Jinping as a U.S. Supreme Court ruling reshapes his tariff policy.
A White House official confirmed the visit on Friday, hours after the U.S. Supreme Court struck down key elements of Trump’s sweeping tariffs on imported goods.
The meeting between the leaders of the world’s two largest economies had been expected to focus on extending a trade truce that prevented further tariff increases on both sides.
However, the court’s decision has introduced fresh uncertainty into U.S.–China relations, which had shown signs of stabilising after Trump reduced certain tariffs on Chinese goods in exchange for measures from Beijing, including action against the illicit fentanyl trade and a pause on export restrictions covering critical minerals.
Twenty per cent tariffs on China's U.S.-bound exports were imposed under the International Emergency Economic Powers Act, or IEEPA, which the court ruled Trump had overstepped.
Those tariffs were tied to national emergencies related to fentanyl distribution and trade imbalances.
Other duties on Chinese goods, including those implemented under legislated trade authorities known as Section 301 and Section 232, remain in place.
It remains unclear how many of the invalidated tariffs Trump may seek to reintroduce. He told a press conference that he would impose a new 10 per cent global tariff for 150 days.
Trump’s previous visit to China, in 2017, was the last by a sitting U.S. president.
"That's going to be a wild one," Trump told foreign leaders visiting Washington on Thursday about the upcoming China visit. "We have to put on the biggest display you've ever had in the history of China."
The Chinese embassy in Washington declined to comment on the dates of the trip, which were first reported by Reuters. Beijing has not formally confirmed the visit.
The Trump administration has said the global tariffs were necessary because of national emergencies related to trade imbalances that have weakened U.S. manufacturing.
Trump had already been "playing defence" in the trade war, given the effectiveness of Beijing's threat to cut off rare earths, said Scott Kennedy, a China economics expert at the Center for Strategic and International Studies in Washington.
The tariff defeat likely "cements his weakness in their eyes," he said.
Xi said during the February call that he would consider further increasing soybean purchases, according to Trump. Struggling U.S. farmers are a major political constituency for Trump, and China is the top soybean consumer.
Analysts said on Friday that China may be less likely to follow through on another big purchase of U.S. soybeans after the Supreme Court ruling.
Although Trump has framed policy moves involving countries from Canada to Greenland and Venezuela as necessary to counter China, he has in recent months eased restrictions on Beijing in areas including tariffs, advanced semiconductors and drone technology.
Critics argue that broad-based tariffs have at times insulated China from wider trade pressure and reduced incentives for companies to relocate supply chains.
Friday's ruling could indirectly increase pressure on Beijing if the effective tariff rates on other countries, particularly in Southeast Asia, fall more than those on China, said Martin Chorzempa, a senior fellow at the Peterson Institute of International Economics.
"Unlike with many other countries, there is a well-established, much more legally durable mechanism for most of the tariffs on China that make them less affected than those on other countries," Chorzempa said.
Fears of wider escalation grow despite President Donald Trump saying U.S. strikes on Iran could end within weeks. Meanwhile missile attacks, tanker incidents and rising casualties across Israel, Lebanon and the Gulf heighten risks to regional stability and energy routes.
Four astronauts blasted off from Florida on Wednesday on NASA's Artemis II mission, a high-stakes voyage around the moon that marks the United States' boldest step yet toward returning humans to the lunar surface later this decade in a race with China.
An earthquake of magnitude 7.6 struck in Indonesia's Northern Molucca Sea on Thursday, killing one person, damaging some buildings and triggering tsunami waves, authorities and witnesses said.
President Donald Trump staunchly defended his handling of the month-old U.S.-Israeli war on Iran in a prime-time address on Wednesday, saying the U.S. military was nearing completion of its mission while also reinforcing his threats to bomb the Islamic Republic back to the Stone Age.
One U.S. crew member has been rescued after Iran downed a warplane, while the search continues for a second. At the same time, Iran has officially told mediators it will not meet U.S. officials in Islamabad in the coming days, calling U.S. demands unacceptable, according to The Wall Street Journal.
Greek Prime Minister Kyriakos Mitsotakis reshuffled his cabinet on Friday (3 April) in a bid to contain a growing scandal over the alleged fraudulent use of European Union farm subsidies.
One crew member from a U.S. warplane shot down over Iran has been rescued, U.S. officials said, as a search continues for a second crew member.
Across China, people are taking part in a wide range of activities to honour fallen heroes ahead of the Qingming Festival, a traditional time for remembrance and paying respect to the deceased.
France and South Korea have agreed to strengthen defence ties and energy security cooperation following a two-day visit by French President Emmanuel Macron to Seoul.
In a highly unusual move highlighting shifting narcotics diplomacy, the U.S. has handed over a Chinese fugitive accused of serious drug crimes to authorities in Beijing.
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