Markets tumble as China hits back at U.S. tariffs
Global markets plunged after China retaliated against U.S. tariffs, deepening fears of a drawn-out trade war and economic fallout.
Lesotho is rushing to negotiate with the U.S. over looming tariffs that could devastate its economy and cripple its key textile exports.
Lesotho scrambled to assemble a delegation to travel to Washington for talks with the United States over tariffs that threaten to wipe out nearly half of its exports, officials said, warning of a potential death blow to its economy.
U.S. President Donald Trump imposed tariffs on America’s global trading partners, disrupting decades of rules-based trade that campaigners have long said is exceptionally favorable to rich countries like the United States.
The tariff rates, set to take effect on April 9, range from 10% to 50%. Lesotho faces the highest levy on Trump’s list of target economies, with a 50% tariff on its exports.
Lesotho's exports to the United States — mostly textiles for brands such as Levi's and Calvin Klein — totaled $237 million in 2024, accounting for more than a tenth of its GDP.
Surrounded by South African mountains, the kingdom of 2 million people is among the world’s poorest countries, with a GDP per capita of $916 in 2023, according to World Bank data.
Aid groups in Myanmar’s worst-hit areas urgently need shelter, food, and water after a devastating 7.7 magnitude earthquake killed over 2,700 people. Rescue efforts face challenges due to ongoing civil war, damaged infrastructure, and restricted aid access, with the toll expected to rise.
The inaugural Samarkand International Climate Forum will kick off on 4th April at the Silk Road Samarkand Congress Center in Uzbekistan. The high-profile forum will be held under the theme "Central Asia Facing Global Climate Challenges: Consolidation for Shared Prosperity."
French far-right leader Marine Le Pen was banned from running for public office for five years after being convicted of embezzlement, ruling her out of the 2027 presidential race. She received a four-year prison sentence, with two years suspended, and a €100,000 fine. Le Pen plans to appeal.
The Armenian armed forces attempted three reconnaissance drone flights over Azerbaijan Army positions near Gerenzur, but all were successfully intercepted. Meanwhile, Armenian units repeatedly fired on Azerbaijani positions from multiple regions, escalating tensions in the area.
Israel has intensified its ground offensive in northern Gaza, targeting Shejaiya and aiming to carve out broader security zones amid ongoing efforts to pressure Hamas.
South Korea’s top court has confirmed the impeachment of President Yoon Suk Yeol, ruling his martial law declaration violated the constitution and proper procedures.
Four private astronauts have completed a groundbreaking SpaceX mission, returning to Earth after orbiting from pole to pole and conducting experiments on human health in space.
Stellantis is pausing production in Mexico and Canada and laying off U.S. workers after Trump’s expanded tariffs hit the auto industry.
Indian Prime Minister Narendra Modi has arrived in Sri Lanka to strengthen ties and sign key agreements, including a defence pact and energy projects.
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