Asian markets rally as China vows to 'fight to the end' over Trump's new tariff threat
Tuesday, 8 April 2025 China has threatened to "resolutely take countermeasures" in response to Donald Trump's threat of an additional 50% tariff on Chinese imports.
China's immediate response to Trump's renewed tariff threat signals a sharp escalation in the U.S.-China trade war. Calling it a “mistake on top of a mistake,” Beijing slammed the move and vowed firm retaliation. The China-U.S. trade war deepens as Trump sets a new tariff deadline. Beijing shows...
Asia is warming at twice the global average, impacting economies and ecosystems, according to the WMO. The year 2024 saw a significant temperature rise,.. IndiaTimes
Russian Foreign Minister Sergei Lavrov has accused Quad nations — the US, Japan, and Australia — of dragging India into a de facto military alliance, despite Delhi’s stated focus on economic ties. Speaking at a Eurasian security forum, Lavrov warned of coordinated naval drills aimed at militarizing Quad beyond its original scope. He also pushed to revive the dormant Russia-India-China (RIC) trilateral platform, asserting that Western powers are deliberately stoking Indo-China tensions by reframing the region as "Indo-Pacific" with anti-China goals. His remarks signal Moscow’s shifting strategic focus in Asia.
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At the Shangri-La Dialogue, U.S. Defense Secretary Pete Hegseth declared that China would not dare invade Taiwan while Donald Trump remains in office, warning that Beijing poses a real and possibly imminent threat. Hegseth urged Asian allies to increase defense spending and prepare for a potential regional conflict. He affirmed Trump’s Indo-Pacific focus and emphasized consequences for any Chinese aggression. With China skipping the summit, Hegseth’s comments take on sharper geopolitical meaning, signaling America’s hard stance and strategic pivot toward Asia’s growing security challenges.
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French President Emmanuel Macron delivered a pointed lesson to Vietnamese students in Hanoi, warning of the dangers posed by impulsive superpowers like China and the U.S. Macron criticized Beijing’s actions in the South China Sea and urged commitment to maritime freedom. He also took a swipe at unpredictable U.S. trade policies, referencing Trump’s tariff threats. Promoting France’s Indo-Pacific strategy, Macron pitched a balanced alternative for Asia amid intensifying U.S.-China tensions, advocating sovereignty, stability, and multilateral engagement.
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A Texas Republican Congressman, Brandon Gill, sparked outrage after making a racist remark against Indian-origin New York politician Zohran Mamdani for eating biryani with his hands. Gill reshared a video of Mamdani eating during an interview and wrote, “Civilized people in America don’t eat like this. Go back to the Third World.”
The video showed Mamdani discussing taboo topics in U.S. politics while calmly eating. Ironically, Gill is married to Danielle D’Souza, daughter of Indian-American commentator Dinesh D’Souza. Social media erupted, highlighting hypocrisy and sharing photos of Trump eating with his hands. Gill has a history of racist rhetoric, recently posting two contrasting pictures of Los Angeles to argue against immigration. Mamdani, born in Uganda and raised in NYC, was explaining how his worldview on Palestine is shaped by his Third World roots. The comment by Gill has triggered a larger debate on race, culture, and what defines “American values.”
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President Donald Trump’s $3.3 trillion tax and spending bill has hit turbulence in the U.S. Senate. Senate Majority Leader John Thune is racing to meet Trump’s July 4 deadline, but faces internal GOP divisions. At least eight Republican senators oppose key parts of the bill, ranging from Medicaid cuts to renewable energy credit phaseouts. Some GOP factions demand deeper spending cuts, while others seek to protect healthcare and green energy.
Meanwhile, markets are watching closely as the dollar dips and renewable energy stocks slide. Senators like Thom Tillis and Rand Paul have signaled likely opposition, placing final passage in jeopardy. Trump, watching closely, has lashed out at dissenters on social media. The bill, if passed, could reshape healthcare access for millions and eliminate major green energy incentives. Final voting may happen late Monday or early Tuesday, but only if Thune can negotiate a fragile consensus.
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Ukraine's freedom 'most important task' for foreign policy, German FM Wadephul says
Germany has been Ukraine’s second-largest military backer after the United States, whose continuing support under President Donald Trump is in doubt.
READ MORE : http://www.euronews.com/2025/06/30/ukraines-freedom-most-important-task-for-foreign-policy-german-fm-wadephul-says
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Communist candidate Jeannette Jara has won Chile’s leftwing primary with over 60% of the vote, setting up a high-stakes presidential showdown against far-right frontrunner José Antonio Kast—often dubbed the “Chilean Trump.” Jara, backed by a united left, vows to raise taxes on the wealthy and boost job creation, while Kast leads polls with a tough-on-crime, anti-immigration platform. The race is sharply polarized, as Jara seeks to overcome President Boric’s low approval and rally progressive forces ahead of the November election.
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