Trump announces 20% tariff on Vietnamese exports in scaled-back trade move
U.S. President Donald Trump has announced a reduced 20% tariff on many Vietnamese exports, down from a previously planned 46%, in what he described as...
Ukrainian President Volodymyr Zelenskyy acknowledged on Wednesday that talks in London were marked by emotion—but stressed the momentum for peace remains.
“Emotions have run high today. But it is good that 5 countries met to bring peace closer,” Zelenskyy wrote on X.
He said the U.S. had shared its vision, while Ukraine and European partners presented their own proposals.
Tensions emerged after reports suggested the U.S. had floated terms involving recognition of Russia’s control over Crimea—something Zelenskyy firmly rejected earlier this week.
On Wednesday, he reaffirmed that any deal must respect Ukraine’s constitution.
“Ukraine will always abide by its constitution,” he said, adding that he believed Western allies, including the United States, would act in line with their “strong decisions.”
The phrasing was seen as a subtle response to criticism from Washington, where officials reportedly viewed Zelenskyy’s position on Crimea as limiting the space for negotiation.
Despite the friction, the talks in London mark a rare moment of coordinated diplomacy among Ukraine, the U.S., and European states—one Zelenskyy hopes can build toward a ceasefire.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
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 European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade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.
The World Health Organization has called for a 50% price increase on sugary drinks, alcohol, and tobacco over the next decade, pushing for taxation as a means to reduce chronic diseases and raise funds for health systems.
The European Union has raised Ukraine's electricity export capacity by 38.5%, enabling the country to generate additional revenue to repair energy infrastructure damaged by Russian attacks.
Australia has finalised a AU $2 billion ($1.3 billion) purchase of U.S. made supersonic missiles, reinforcing its commitment to defence investment while stopping short of U.S. calls to adopt a higher military spending target.
U.S. President Donald Trump has announced a reduced 20% tariff on many Vietnamese exports, down from a previously planned 46%, in what he described as a new trade framework with Hanoi.
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.
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