Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies.
Amid declining Chinese cargo shipments, Bessent dismissed fears of disruptions, praising U.S. retailers’ preparation.
He hinted at imminent trade announcements with India and ongoing negotiations with South Korea and Japan, emphasizing that election cycles abroad are accelerating—not delaying—talks.
Bessent characterized India as an “easier” partner due to its transparent tariff regime.
The conversation reflects rising urgency in reshaping global trade relationships amid shifting geopolitical currents.
#ScottBessent #TradeDeals #USIndiaTrade #ChinaTariffs #SupplyChain #FairTrade #USJapanRelations #SouthKoreaTrade#USChinaRelations #GlobalEconomy #TradeNegotiations #IndiaTariffs #BidenTradePolicy #RetailSupply #AsiaUSDeals#Geopolitics #InternationalTrade #ElectionsAndTrade #TariffTalks #USAsiaPartnership
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Trump has officially ruled out Scott Bessent for the next Fed chair, telling CNBC that Bessent “wants to stay where he is.” The decision follows the surprise resignation of Fed Governor Adriana Kugler, giving Trump another opportunity to reshape the Federal Reserve with loyalists. Remaining candidates include Kevin Warsh, Kevin Hassett, and Fed Governor Chris Waller—whom Trump praised as “very good.” With Powell’s term ending in 2026, Trump is considering naming a “shadow chair” to counteract his policies and align the Fed with his low-rate agenda.
#Trump #ScottBessent #FederalReserve #JeromePowell #KevinWarsh #KevinHassett #ChrisWaller #KuglerExit #TrumpFed #InterestRates #EconPolicy #TrumpVsPowell #MonetaryPolicy #USFed #ShadowChair #FedChairRace #TrumpEconomy #Bessent #TrumpAdmin #WhiteHouseMoves #TrumpNominees #BreakingNews #CNBCInterview #Trump2025 #FedPolitics #RateCuts #PowellCriticism #USMarkets #TrumpLoyalists #FederalBoard #EconShakeup
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US and China prepare to extend tariff pause after Stockholm talks
US Treasury Secretary Scott Bessent says President Trump must approve the pause before it can go ahead.
READ MORE : http://www.euronews.com/2025/07/30/us-and-china-agree-to-extend-tariff-pause-after-stockholm-trade-talks
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Philippine President Ferdinand Marcos Jr. has launched a blistering attack on China after a Philippine vessel was targeted, warning that the Philippines cannot avoid war if tensions over Taiwan escalate. His fiery remarks come amid growing maritime confrontations in the South China Sea and rising regional fears of a broader conflict. Marcos’s statement has drawn sharp reactions from Beijing and intensified diplomatic strains. Stay tuned for breaking updates on this developing flashpoint in Asia
#ChinaWarnPhilippinesOnTaiwan #ChinaPhilippinesOnTaiwan #ChinaPhilippinesRelationOnTaiwan #ChinaPhilippinesTaiwan #PhilippinesChinaWar #ChinaVsPhilippinesWar #USAndPhilippinesVsChinaWar #ChinaTaiwanWar #ChinaTaiwanWarLive #ChinaWarnsPhilippines #TaiwanChinaWar
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India's Asiatic lion population has seen a remarkable increase, surging by 32.2% from 674 in 2020 to 891 in 2025. This growth, highlighted in the 16th Lion.. IndiaTimes
he U.S. has deployed Dark Eagle hypersonic missiles and Typhoon systems in Germany, sparking WW3 fears across Europe. Capable of striking targets over 3,000 km away, these weapons are aimed at deterring Russia amid rising NATO tensions. In response, Russia revoked its missile moratorium and threatened NATO allies with the deadly Oreshnik missile. With deployments planned in Asia too, including Australia and the Philippines, the U.S. missile strategy is reshaping global military balance. Putin warns of escalation, as both sides gear up for potential confrontation in Europe and beyond.
#WW3 #DarkEagle #TyphoonMissile #USMilitary #Russia #NATO #Putin #MissileDeployment #HypersonicMissile #Germany #NATOVsRussia #UkraineWar #DefenseNews #MilitaryBuildUp #GlobalTensions #Mach5Missiles #StrikeRange #RussiaWarning #NATOWar #ColdWar2 #PutinThreat #OreshnikMissile #USArmy #MissileEscalation #EuropeDefense #ArmsRace #NATONews #USvsRussia #MilitaryCrisis #USAsiaDefense
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During the recent 12-day war between Iran and Israel, the United States fired over 150 THAAD interceptors, exhausting nearly 25% of its total stockpile and racking up costs estimated at $1.9 billion. While the U.S. deployed its most advanced missile defense systems to shield Israeli territory, dozens of Iranian missiles still struck their targets — raising alarming questions about the limits of missile defense saturation and America’s readiness for future conflicts.
The Pentagon now faces a growing stockpile crisis, with only 11 THAAD missiles produced in 2024 and a slow ramp-up planned for 2025 and 2026. As tensions continue to rise across the Middle East and Asia, the strategic shortfall of THAAD interceptors is being watched closely by major powers like China and Russia.
This report includes archival visuals of Trump-era THAAD deployments, Iranian missile attacks, and exclusive coverage of defense developments as the U.S. military reassesses its global missile defense posture.
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Dramatic hunger surge strikes the Middle East and Africa, UN survey shows
Global crises are fueling hunger in Africa, Asia and the Middle East, with trade tensions, conflicts, and climate change driving food inflation, according to the UN's SOFI report.
READ MORE : http://www.euronews.com/2025/07/28/dramatic-hunger-surge-strikes-the-middle-east-and-africa-un-survey-shows
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Nagasaki ceremony remembers Koreans killed in atomic bombing
Dozens gathered in Nagasaki on Friday to honour South Koreans killed in the city’s atomic bombing, a day before its 80th anniversary.
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South Korea removes border propaganda speakers to ease tensions with North
The previous conservative government started playing daily broadcasts last June in retaliation for North Korea flying trash-filled balloons to its neighbour.
READ MORE : http://www.euronews.com/2025/08/04/south-korea-takes-down-border-propaganda-speakers-in-gesture-of-reconciliation-with-north
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Border Security Force (BSF) troops shot and injured a Pakistani intruder along the International Border in Jammu and Kashmir's Kathua district on Monday. The.. IndiaTimes
India added it was regrettable that such remarks were made from a friendly third country. Asim Munir made the threatening comments while addressing a gathering.. DNA
India has strongly criticized Pakistan, labeling it an irresponsible nuclear state controlled by its military, following Pak General Asim Munir's threatening.. IndiaTimes
In an explosive and highly controversial statement delivered from US soil, Pakistan’s Army Chief has issued a shocking nuclear threat, declaring that Pakistan would ‘take half the world down’ if provoked. The fiery remarks have triggered alarm across global capitals, raising fears of heightened tensions and potential escalation in South Asia and beyond. World leaders are scrambling to respond as the international community watches the fallout from this unprecedented warning
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Trump declared that his tariffs are having a devastating impact on China’s economy, claiming that factories are shutting down and cargo ships are "turning back." Speaking with visible satisfaction,..
U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..
U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to..