Kallas warns Russia must make concessions to prevent future wars
EU foreign policy chief Kaja Kallas has warned that without concrete concessions from Russia, such as limiting its military forces or curbing its defe...
China has condemned US President Donald Trump's latest tariff threat, vowing to retaliate if Washington follows through with a proposed 50% hike on Chinese imports, as tensions between the world’s two largest economies continue to escalate.
China on Tuesday rejected US President Donald Trump’s latest threat to impose an additional 50% duty on Chinese imports, stating it would "fight till the end," according to state news agency Xinhua.
The Chinese Ministry of Commerce expressed strong opposition to any further tariff increases by Washington and pledged to take countermeasures to protect its rights.
"China will fight till the end if the US side continues along this path," the ministry said, describing the threat as an escalation of past actions that challenges the international trade system.
“The so-called ‘reciprocal tariffs’ against China are unjustified and reflect a unilateral approach,” it added, noting that China’s responses are intended to safeguard its sovereignty, security, and development, as well as to maintain a fair international trade order.
Trump on Monday reiterated his threat to impose additional 50% tariffs on Chinese goods, in addition to the 34% “reciprocal” tariffs announced the week before, unless China reverses its decision to impose similar duties on US imports. The US had previously enacted a 20% tariff on Chinese products.
China's response options
Chinese Foreign Ministry spokesman Lin Jian criticised the tariffs, calling them an example of protectionism. In response to the tariffs, Xinhua senior editor Liu Hong suggested various measures, including adjusting tariffs on US agricultural products, limiting certain imports from the US, and reviewing trade practices of US companies operating in China.
As tensions between the two nations continue, both sides have indicated their readiness to take further actions.
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Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
Thailand’s caretaker Prime Minister Anutin Charnvirakul said on Saturday that Thai forces would continue military action along the Cambodia border until Bangkok believes there is no longer a threat to Thai territory or civilians.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
EU foreign policy chief Kaja Kallas has warned that without concrete concessions from Russia, such as limiting its military forces or curbing its defence budget, new conflicts could erupt elsewhere, even if Ukraine receives security guarantees.
Multiple people were shot on Saturday at Brown University in Providence, Rhode Island, prompting an active shooter alert and a campus lockdown, city officials said.
The latest round of clashes between Thailand and Cambodia has left 15 Thai soldiers dead and 270 others injured, Thailand’s Ministry of Defence spokesman Surasant Kongsiri said at a press conference on Saturday.
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