AnewZ Morning Brief - 29th July, 2025
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 29th of July, covering the latest developments you need to kno...
In response to the recent escalation of trade tensions initiated by the United States, China has implemented a series of strategic measures to counteract the newly imposed U.S. tariffs.
Following the U.S. administration's decision to impose a 10% tariff on Chinese goods, effective from February 4, 2025, China promptly announced its own set of countermeasures. Starting February 10, 2025, Beijing will enforce additional tariffs, including a 15% levy on U.S. coal and liquefied natural gas (LNG), and a 10% tariff on U.S. crude oil, large-displacement vehicles, and agricultural machinery. These actions are aimed at sectors significantly intertwined with the U.S. economy, signaling China's resolve to respond proportionately to U.S. trade actions.
In addition to imposing tariffs, China has initiated a legal challenge against the United States at the World Trade Organization. This lawsuit contends that the U.S. tariffs violate international trade rules and seeks to address what China perceives as unjustified trade barriers.
China has also launched an antitrust investigation into Google, scrutinizing the tech giant's business practices within its borders. While specific details of the investigation remain limited, this action indicates China's willingness to leverage regulatory measures in response to U.S. trade policies.
Furthermore, Beijing has imposed export controls on critical minerals such as tungsten and tellurium, which are essential components in various high-tech industries. These controls could have significant implications for global supply chains, particularly for U.S. companies reliant on these materials.
In a move to exert additional pressure, China has added two U.S. companies to its list of "unreliable entities." This designation subjects the firms to potential restrictions and heightened scrutiny, further complicating their operations within China. While the specific companies have not been officially named, this action serves as a warning to U.S. businesses about the potential risks of the escalating trade conflict.
The intensifying trade dispute between the world's two largest economies has raised concerns about broader economic repercussions. Financial markets have exhibited increased volatility, with declines in major stock indices reflecting investor apprehension. Analysts warn that prolonged tensions could disrupt global supply chains, increase costs for consumers and businesses, and potentially slow economic growth worldwide.
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Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
U.S. President Donald Trump says he’s not actively pursuing a summit with Xi Jinping but confirmed that he may visit China later this year, following an invitation from the Chinese leader.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 29th of July, covering the latest developments you need to know.
A deadly overnight attack by Russian forces on a correctional facility in Ukraine's Zaporizhzhia region has left 16 people dead and more than 35 injured, as Kyiv accuses Moscow of escalating aerial assaults on civilian areas.
Tensions between Thailand and Cambodia have eased after a ceasefire ended five days of deadly border clashes, but military talks remain delayed and Bangkok plans to report violations to the U.S. and China.
A 27-year-old gunman armed with an assault-style rifle killed four people, including off-duty officer Didarul Islam, inside 345 Park Avenue on Monday evening before shooting himself dead, New York police said.
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