Israel intensifies strikes on Houthi targets in Yemen under Operation Black Flag
Israel’s Minister of Defense announced the launch of Operation Black Flag, with the Israeli Defense Forces (IDF) carrying out strikes on multiple mi...
U.S. President Donald Trump on Tuesday doubled down on his global tariff campaign, warning China, the pharmaceutical industry, and foreign manufacturers of steep levies unless they strike new trade deals with the United States.
Speaking at a Republican fundraiser in Washington, Trump accused China of manipulating its currency to soften the blow of the 104% tariffs his administration has imposed on Chinese imports. He called the move "a trick in the book" and said it would backfire as China remains energy-dependent. "They have to buy oil. We don’t,” Trump said. “That’s where it hurts them.”
The president also signalled new tariffs are coming for another major sector: pharmaceuticals.
“We’re going to tariff our pharmaceuticals,” Trump declared. “Once we do that, they’ll come rushing back. We are the big market.”
He highlighted Taiwan Semiconductor Manufacturing Company (TSMC) as an example of economic leverage, claiming the firm agreed to invest $200 billion in Arizona without receiving U.S. subsidies. “All I said was, if you don’t build here, you’ll pay up to 100% tax,” Trump said. “No handouts.”
The remarks also included political overtones. Trump claimed all 50 U.S. states have shifted Republican and predicted a strong showing in the 2026 midterms. “They’re terrified our strategy will succeed,” he said, framing opposition to his policies as “treason.”
The comments come amid worsening market jitters over Trump’s sweeping tariffs, which have impacted global trade and driven Wall Street losses. Despite the backlash, the president maintains his stance: “We’re making $2 billion a day. They used to call that peanuts. Not anymore.”
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
China’s northern and western provinces are on high alert for flash floods and landslides as intense monsoon rains continue to overwhelm defences, killing at least seven and displacing communities across the country.
U.S. Treasury Secretary Scott Bessent has urged Elon Musk to steer clear of politics and prioritise his companies, after the Tesla CEO announced the formation of a new political party in defiance of President Donald Trump.
TikTok is building a new version of its app for U.S. users ahead of a planned sale to American investors, The Information reported, as President Donald Trump prepares fresh talks with China over the platform’s future.
BRICS leaders meeting in Rio de Janeiro have condemned attacks on Iran, Gaza and Kashmir, while presenting the expanded bloc as a rising force for multilateralism in a world dominated by U.S.-led policies.
Israel’s Minister of Defense announced the launch of Operation Black Flag, with the Israeli Defense Forces (IDF) carrying out strikes on multiple military targets belonging to the Houthi movement in Yemen.
UN teams have deployed to Syria’s coastal Latakia province, where wildfires have been burning for four days, forcing hundreds of families to flee and destroying large areas of farmland and infrastructure.
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