13 h. ago Trump Urges Europe to Cut Russian Oil, Press China in Bid to End Kremlin War

Trump Urges Europe to Cut Russian Oil, Press China in Bid to End Kremlin War  UNITED24 Media

Politics

25 h. ago Trump tells Europe to put economic pressure on China over Ukraine

US President Donald Trump urged European countries on Thursday to put economic pressure on China because of its support for Russia’s invasion of Ukraine, the White House said. Speaking by video conference with European leaders gathered in Paris, Trump also said “Europe must stop purchasing Russian oil that is funding the war”, a senior White House official said on condition of anonymity. Ukraine’s President Volodymyr Zelensky, who also took part in the meeting, said earlier that Trump was “very...

Politics

27 h. ago Trump pushes Europe to stop buying Russian oil and up pressure on China in effort to end Ukraine war

Trump pushes Europe to stop buying Russian oil and up pressure on China in effort to end Ukraine war  CNN

Events

58 h. ago US tariff damps holiday mood of India’s jewellers as exports set to fall by 70%

India’s gem and jewellery businesses face a bleak year-end holiday season following Washington’s decision to slap a 50 per cent tariff on the country’s exports, as they warn the move could affect more than two-thirds of their shipments to the United States. On Wednesday, the tariff on India’s exports to the US took effect in response to New Delhi’s purchases of Russian oil and weapons. “With the imposition of a 50 per cent tariff, we expect exports to the US to decline by more than 70 per cent....

Politics

2 d. ago Indian textile industry must dig deep to survive US tariff shock

The Indian textile industry is staring down its worst crisis yet, as an additional 25 per cent tariff imposed by US President Donald Trump on India for buying Russian oil came into effect on August 27, taking the total levy on India’s exports to the United States to a staggering 50 per cent. Trump’s astounding tariffs not only threaten the successful 25-year-old trade partnership between the two countries but are also becoming a defining moment for India’s textiles, posing an existential threat...

Events

2 d. ago Trump says speedy tariff ruling a must, dismisses rumours about his health

US President Donald Trump emerged from a quiet Labour Day weekend Tuesday, declaring that his administration will urgently appeal to the Supreme Court to defend his contested tariffs, warning that a reversal could force billions in refunds to foreign nations. He also dismissed health rumours as “fake news” and played down China’s coming military parade. In a press briefing at the White House, Trump stressed the need for an expedited Supreme Court ruling. “We’re going to be going to the Supreme...

Politics

5 d. ago SP chief says India's 'increased dependence' on China goods to weaken ability to challenge Beijing

SP chief says India's 'increased dependence' on China goods to weaken ability to challenge Beijing  Press Trust of India

Politics

6 d. ago India won’t ‘bow down’ to crippling 50% US tariff, trade minister says

India will not “bow down” and instead focus on capturing new markets, trade minister Piyush Goyal said in his first public remarks since Washington imposed steep tariffs on Indian goods. The 50 per cent levies on many Indian imports into the United States took effect this week as punishment for New Delhi’s massive purchases of Russian oil, part of US efforts to pressure Moscow into ending its war in Ukraine. Since his return to the White House this year, US President Donald Trump has wielded...

Politics

8 d. ago Mexico reportedly considering higher Chinese import tariffs at US urging

Mexico is preparing to raise tariffs on Chinese imports of automobiles, textiles and plastics, Bloomberg News reported on Thursday, under a proposal expected to be part of the 2026 budget to be submitted to the nation’s Congress next month. If confirmed, the increase would mark one of Mexico’s sharpest trade shifts in recent years. Officials in Washington have urged the move as part of US President Donald Trump’s push to build a “Fortress North America” and reduce dependence on Chinese supply...

Politics

8 d. ago Mexico considering higher Chinese import tariffs at US urging: report

Mexico is preparing to raise tariffs on Chinese imports of automobiles, textiles and plastics, Bloomberg News reported on Thursday, under a proposal expected to be part of the 2026 budget to be submitted to the nation’s Congress next month. If confirmed, the increase would mark one of Mexico’s sharpest trade shifts in recent years. Officials in Washington have urged the move as part of US President Donald Trump’s push to build a “Fortress North America” and reduce dependence on Chinese supply...

Politics

8 d. ago Trump urges banks to flag Chinese money laundering linked to fentanyl trade

The Treasury Department wants US financial institutions to monitor for suspected Chinese money laundering networks handling funds that are used to fuel the flood of fentanyl across American communities. The advisory released on Thursday highlights how these money laundering operations are working with Mexican drug cartels to fuel the flood of fentanyl across American communities. The Trump administration is calling on banks to flag certain customers who may fit a profile of people who could...

Politics

8 d. ago Trump implores banks to step up monitoring of China money laundering linked to fentanyl

The administration of US President Donald Trump called on American banks and other financial institutions Thursday to step up monitoring of suspected Chinese money-laundering networks it says fuel fentanyl addiction in the United States. The advisory highlighted how informal Chinese money-laundering operations work in a symbiotic relationship with the Jalisco New Generation, Sinaloa, Gulf and other Mexican drug cartels to effectively bypass financial safeguards. “Money-laundering networks linked...

Politics

8 d. ago Trump aide slams ‘arrogant’ India over Russian oil, dubs Ukraine ‘Modi’s war’

White House trade adviser Peter Navarro sought to raise pressure on India to halt purchases of Russian energy after the US imposed crippling new tariffs on New Delhi, casting the conflict in Ukraine as “Modi’s war”. “I mean Modi’s war because the road to peace runs, in part, through New Delhi,” Navarro said on Wednesday, referencing Indian Prime Minister Narendra Modi. US President Donald Trump’s 50 per cent tariff on Indian goods took effect earlier on Wednesday, a bid to punish the country for...

Politics

9 d. ago India’s exporters face ‘strategic shock’ as US tariffs over Russian oil kick in

Steep US tariffs on a range of Indian products took effect on Wednesday, threatening a severe blow to India’s overseas trade in its largest export market. US President Donald Trump had initially announced a 25 per cent tariff on Indian goods. But earlier this month, he signed an executive order imposing an additional 25 per cent tariff due to India’s purchases of Russian oil, bringing the combined tariffs imposed by the US on its ally to 50 per cent. The Indian government estimates the tariffs...

Events

9 d. ago China announces press briefings on victory anniversary events

China announces press briefings on victory anniversary events  China Daily

Politics

1 week ago EU urged to unleash ‘trade bazooka’ in response to Trump’s tariff threats

Calls are mounting for the European Union to fire its “trade bazooka” at Washington after US President Donald Trump threatened tariffs and export restrictions on countries applying digital laws and taxes to American firms. In a late-night post on social media, Trump vowed to slap “substantial additional tariffs” and restrict the export of “technology and chips” to countries enforcing “digital taxes, legislation, rules or regulations”. While he did not name Europe directly, the American leader...

Politics

1 week ago To counter Beijing in South China Sea, Manila and Canberra forge defence pact

Australia and the Philippines’ push to finalise an “enhanced defence cooperation” agreement by next year underscores how regional allies are accelerating security coordination in response to China’s growing assertiveness in contested waters, a shift analysts say could reshape strategic dynamics in the South China Sea. The talks were announced during a Friday press conference in Manila, where Australian Deputy Prime Minister and defence chief Richard Marles and Philippine Defence Secretary...

Politics

1 week ago Tokyo ‘issues strong protest’ to Beijing over gas field in East China Sea

Tokyo ‘issues strong protest’ to Beijing over gas field in East China Sea  Hong Kong Free Press HKFP

Events

2 w. ago Trump aide calls India’s Russian oil purchases ‘laundromat for the Kremlin’

White House trade adviser Peter Navarro blasted India for continuing to buy Russian oil and said he expects punitive tariffs of 50 per cent on imports from the South Asian nation to kick in as planned next week. “I see that taking place,” Navarro told reporters in front of the White House when asked about the tariffs on India that are set to double on August 27. “India doesn’t appear to want to recognise its role in the bloodshed. It simply doesn’t. It’s cozying up to Xi Jinping, is what it’s...

Politics

2 w. ago China turns up oil tap from Russia as purchases of US crude remain suspended

China’s crude oil imports remained robust in July, fuelled by higher Russian shipments, while China’s purchases from the US remained suspended for a second straight month. The latest customs data shows that the volume of inbound crude oil reached 47.2 million tonnes in July, up 11.5 per cent from a year earlier. China purchased 8.71 million tonnes of crude oil from Russia, making it the top source of China’s crude imports last month, according to the official data. This marked a year-on-year...

Politics