Hamas hands over bodies of two Israeli hostages
Palestinian militant group Hamas handed over two bodies it said were of deceased Israeli hostages on Thursday, a day after the tenuous Gaza ceasefire ...
As trade tensions between the United States and the European Union escalate, China may become one of the biggest beneficiaries of the economic fallout. With Washington and Brussels imposing tit-for-tat tariffs, Beijing is in an excellent position to strengthen its trade relationships and expand its influence in global markets.
The dispute began after the U.S. introduced new tariffs on European goods, prompting EU leaders to call the move "unnecessary and stupid" while vowing to retaliate. This growing rift between two of the world’s largest economies presents an opportunity for China to step in as an alternative trade partner.
In recent years, China has already deepened its economic ties with the EU, which is its second largest trading partner, with bilateral trade surpassing €739 billion in 2023. As European companies look for ways to navigate U.S. tariffs, China could become an increasingly attractive option for trade and investment.
Beyond the EU, the ongoing trade conflicts have also triggered shifts in global alliances. Countries affected by U.S. tariffs including China, Canada, and Mexico, are now exploring closer cooperation in response to Washington’s increasingly protectionist stance. This realignment could weaken U.S. influence over international trade while allowing China to solidify its position as a central player in global commerce.
Meanwhile, companies in industries such as fashion and beauty are reconsidering their supply chains in light of the new tariffs. With the U.S. targeting imports from China, Mexico, and Canada, many firms are looking to diversify their sourcing and manufacturing operations. This shift could work in China’s favor, as businesses seek more stable and cost-effective alternatives to navigate the uncertainty caused by U.S. trade policies.
The general geopolitical implications of the transatlantic trade war are also significant. The Biden administration’s aggressive tariff strategy has strained relations with long standing allies, creating an opening for China to position itself as a more stable and cooperative partner. While Washington continues to adopt tariff-based policies, Beijing is seizing the opportunity to expand its influence by strengthening its trade ties with countries frustrated with U.S. policies.
As the dispute between the U.S. and the EU intensifies, China stays in a great position to capitalize on the economic turmoil. By leveraging its existing trade relationships and presenting itself as an alternative to the Western markets, Beijing could emerge as the ultimate winner in this latest chapter of global trade conflicts.
Nokia announced on Tuesday that chipmaker Nvidia will acquire a $1 billion stake in the company.
The deadliest police operation in Brazil's history killed at least 132 people, officials said on Wednesday, after Rio de Janeiro residents lined a street with dozens of corpses collected overnight, a week ahead of global climate events in the city.
Centrist liberal party D66, led by 38-year-old Rob Jetten, has made sweeping gains in the Dutch election, emerging neck and neck with Geert Wilders’ far-right Freedom Party (PVV) in early results — a stunning reversal just two years after D66 ranked sixth.
Reliable sources have confirmed to AnewZ that the United States has asked Azerbaijan to join a Stabilisation Force in Gaza, as part of a proposed international mission to secure the territory.
U.S. President Donald Trump agreed with President Xi Jinping to trim tariffs on China in exchange for Beijing cracking down on the illicit fentanyl trade, Trump said.
Ukrainian President Volodymyr Zelenskyy has signed legislation extending martial law and general mobilisation until 3 February 2026.
German Chancellor Friedrich Merz met with Turkish President Recep Tayyip Erdogan on Thursday in Ankara as both countries explored new pathways for bilateral economic relations.
Ukraine has introduced nationwide restrictions on electricity use, enforcing eight-hour daily limits following severe damage to power infrastructure.
Russia launched a wave of drone and missile strikes on Ukraine’s energy infrastructure overnight, prompting nationwide electricity restrictions and killing one person in the city of Zaporizhzhia, officials said on Thursday.
Israeli forces crossed into southern Lebanon overnight, killing a municipal employee in a border town raid that prompted Lebanon’s president to order the army to confront any future incursions, state media said on Thursday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment