Monday, 12 May 2025 () Of all the fronts in Donald Trump's trade war, none was as dramatic and economically threatening as the sky-high tariffs he imposed on China.
Washington-based South Asia analyst Michael Kugelman explains why the U.S. intervened during the rising tensions between India and Pakistan. Initially maintaining a watchful stance, Vice President Vance and President Trump eventually pushed for a ceasefire due to two major concerns: rapid military escalation and fears around nuclear security. Kugelman noted that the U.S. was alarmed by India’s targeting of a strategic air base near nuclear sites in Rawalpindi. These developments prompted a rare shift from passive observation to active diplomatic pressure.
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As U.S. trade tensions mount, China is strengthening its grip on Latin America. At the China-CELAC Forum in Beijing, leaders from across the region gathered, with many deepening their commitment to China’s Belt and Road Initiative. With two-thirds of Latin American countries already on board, China has become the top trading partner for major economies like Brazil and Peru. Meanwhile, Trump's tariff threats and warnings over the Panama Canal have driven mistrust. China now positions itself as the reliable partner Latin America can count on.
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Trump is at the center of a political and legal storm after confirming plans to temporarily use a $400 million Boeing 747-8 — dubbed the “Flying Palace” — reportedly offered by Qatar’s royal family. Trump claims the ultra-luxurious jet is a “gift, free of charge” to the U.S. government while the new Air Force One fleet faces delays. However, Qatari officials deny it’s a personal gift to Trump and say the deal remains under review with the U.S. Department of Defense. Critics, including top Democrats, warn the arrangement may breach the Constitution’s Emoluments Clause and raise national security concerns over foreign influence.
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Geneva (AFP) May 12, 2025
The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, de-escalating a... Energy Daily Also reported by •Sky News •Upworthy •Mediaite •NPR •DNA
Stock markets jumped Monday as the U.S. and China promised to de-escalate a budding trade war, scaling back tariffs that threatened significant pain to the... Upworthy Also reported by •IndiaTimes •Mediaite
Nissan plans to cut 10,000 more jobs worldwide, Japanese media reported on Monday, a day before the struggling carmaker was expected to report a record annual... Upworthy