4 h. ago Why East Asian integration could be the solution to US tariff threats

Just ahead of the July 9 deadline to reach an agreement on tariffs, US President Donald Trump announced his decision on the tariffs levels for 14 countries – including a rate of 25 per cent on Japan and South Korea – effective August 1. Trump accused Japan of not buying enough rice and cars from the US. It’s worth noting that the American car industry is simply not competitive in Japan. Germany, Japan and China are the top three auto exporters. Those countries, along with South Korea, have...

Events

9 h. ago Will Myanmar block East Timor’s Asean entry? The junta draws a red line

As East Timor edges closer to joining Asean, Myanmar’s military rulers are seeking to block its entry, in a warning to it – and governments everywhere – against engaging with the war-torn country’s opposition forces. Last week, sources cited by public broadcaster Thai PBS revealed that Myanmar’s military regime had formally notified Malaysia, the current chair of the Association of Southeast Asian Nations, of its intent to withhold support for East Timor’s membership when the bloc convenes in...

Politics

21 h. ago Brics leaders silent about Trump’s threat of more US tariffs on member nations

The leaders of Brics nations remained silent on Monday in the face of US President Donald Trump’s latest tariff threat against the bloc, offering no public response to what critics called an alarming act of economic intimidation. Trump said on Sunday that he would impose an additional 10 per cent tariffs on imports from Brics members and aligned countries that pursue what he called the group’s “anti-American policies” after Brics issued a leaders’ declaration condemning tariffs, unilateralism...

Politics

21 h. ago Brazil’s Lula rebukes Trump on tariff threat as Brics bloc remains silent

Brazilian President Luiz Inácio Lula da Silva rebuked US President Donald Trump for his latest tariff threat against Brics nations on Monday, while the bloc as a whole offered no public response to what critics called an alarming act of economic intimidation. “I don’t think it’s very responsible and serious for a president of a country the size of the US to threaten the world over the internet – it’s not right,” Lula said during a news conference at the conclusion of the Brics leaders’ summit...

Politics

21 h. ago ‘We don’t want an emperor’: Brazil’s Lula speaks up as Brics silent on tariffs

Brazilian President Luiz Inacio Lula da Silva rebuked US President Donald Trump for his latest tariff threat against Brics nations on Monday, while the bloc as a whole offered no public response to what critics called an alarming act of economic intimidation. “I don’t think it’s very responsible and serious for a president of a country the size of the US to threaten the world over the internet – it’s not right,” Lula said during a news conference at the conclusion of the Brics leaders’ summit...

Politics

30 h. ago Li Qiang urges Brics collective action as Trump tariff deadline looms

Chinese Premier Li Qiang has urged Brics nations to lead reforms of global governance, calling on member states to uphold independence and act collectively amid the threat of higher tariffs from the United States. “As the leading bloc of the Global South, Brics countries should strive to be a pioneering force in advancing the reform of global governance,” Li said in a speech at the Brics summit on Sunday. At an event widely seen as a direct challenge to the Western-led world order, the premier...

Politics

30 h. ago As tariff truce deadline nears, China’s premier has a message for Brics nations

Chinese Premier Li Qiang has urged Brics nations to lead reforms of global governance, calling on member states to uphold independence and act collectively amid the threat of higher tariffs from the United States. “As the leading bloc of the Global South, Brics countries should strive to be a pioneering force in advancing the reform of global governance,” Li said in a speech at the Brics summit on Sunday. At an event widely seen as a direct challenge to the Western-led world order, the premier...

Politics

7 d. ago Trump tariffs live updates: Trump threatens to send Japan new tariff rate; EU open to universal tariffs

Trump tariffs live updates: Trump threatens to send Japan new tariff rate; EU open to universal tariffs  Yahoo Finance

Politics

1 week ago ‘Summer Davos’ panel mulls US economy secret sauce: did China crack the recipe?

The American economy has outperformed others by relying on a sort of secret, magic “sauce”, but Washington’s tariff and immigration policies are threatening to shift the outlook, according to leading US scholars attending the “Summer Davos” in China. At the gathering, formally known as the World Economic Forum’s 16th Annual Meeting of the New Champions, they collectively took stock of the US economy and debated whether it would be China or the US that most advances the frontier of tech and...

Society

2 w. ago How does Trump’s lack of trade deals strengthen Beijing’s hand?

The United States failed this week to reach a tariff deal with Japan, a key Pacific Rim ally, and has threatened to notify multiple countries of new duty rates on imports after talks with only one, the United Kingdom, have shown any results. Those developments, which made the US look weak in the short term, should prompt China to take a harder line with Washington on reaching a deal, analysts said. China, the world’s second-largest economy, was hit especially hard by US President Donald Trump on...

Politics

3 w. ago 9 East Asian destinations you can fly directly to from Manchester Airport

9 East Asian destinations you can fly directly to from Manchester Airport  The Bolton News

Transport

3 w. ago Trump tariffs live updates: Trump threatens to set unilateral tariff rates within weeks

Trump tariffs live updates: Trump threatens to set unilateral tariff rates within weeks  Yahoo Finance

Politics