Azerbaijani delegation joins 30th Shanghai TV Festival
An Azerbaijani delegation attended the opening ceremony of the 30th Shanghai Television Festival, one of Asia’s most prestigious media events, held in China’s Shanghai city on June 23.
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.
Moments ago, Iran launched missiles at Qatar. Explosions have been heard in Doha and across the country.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Gulf states and Iraq remain on high alert amid fears of Iranian retaliation following recent U.S. airstrikes.
Oil prices dropped 1% on Monday after hitting five-month highs, as markets assessed the impact of U.S. strikes on Iran and potential risks to oil transit through the Strait of Hormuz.
Ukrainian President Volodymyr Zelenskyy met King Charles at Windsor Castle on Monday during a short visit to the UK aimed at strengthening defense ties and increasing pressure on Russia.
The head of the International Atomic Energy Agency (IAEA) has warned that the ongoing conflict involving the U.S., Iran, and Israel could dismantle the global nuclear non-proliferation regime, calling for an urgent return to diplomacy and inspections.
Following U.S. military strikes on Iran, at least two supertankers reversed course near the Strait of Hormuz, reflecting heightened fears of disruption in one of the world’s most vital oil shipping lanes.
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