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Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
Taiwan will be included in the first group of countries to hold talks with the United States regarding tariffs, President Lai Ching-te announced on Friday.
Lai assured that Taiwan would be well-prepared for the upcoming discussions, which are a part of the broader global tariff negotiations led by the U.S.
In his comments to business leaders in Taichung, Taiwan, Lai emphasized that the country is committed to strengthening economic and trade cooperation with the U.S. and sees the tariff talks as an opportunity to further these ties. Taiwan, a major producer of semiconductors, was initially set to face 32% tariffs as part of U.S. President Donald Trump's broader push to ramp up pressure on China.
The U.S. has recently announced a temporary reduction in the tariffs it imposed on dozens of countries, while focusing additional pressure on China. Nearly 70 countries, including Taiwan, have already reached out to the U.S. to begin negotiations on tariffs, with discussions expected to intensify in the coming weeks.
In a separate statement, President Lai suggested using zero tariffs as a basis for the talks with the U.S., offering to increase Taiwan's investments in the U.S. and buy more American goods as part of a potential agreement.
As Taiwan continues to face growing military and political pressure from China, which claims the island as its own territory, the U.S. remains Taiwan's most important international backer and arms supplier, despite the lack of formal diplomatic ties. Taiwan’s government has consistently rejected Beijing's claims, affirming that only the island’s people can decide their future.
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
Britain and France have pledged stronger military support for Ukraine, including access to classified technology for Storm Shadow missile production and faster deliveries of air defence missiles.
France and Saudi Arabia have agreed on plans for a $7 billion manga-themed amusement complex near Paris, inspired by the hugely popular Japanese franchise Dragon Ball Z.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 25th of August, covering the latest developments.
The United States has formally removed Syria from its list of state sponsors of terrorism, ending a designation that had been in place for nearly five decades and marking a major step in Washington's efforts to rebuild relations with the country's new leadership.
The Trump administration has announced plans to revoke the temporary visitor visas of foreign nationals who entered the United States on tourist or business visas and later sought asylum, marking the latest expansion of Washington's immigration enforcement policies.
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