World--China Economic Net

The British government has announced a temporary suspension of import tariffs on 89 types of goods to bolster domestic businesses and ease financial burden on consumers. The measure takes immediate effect and will remain in place until July 2027.

Yemen's Houthis say attacked "military target" in Tel Aviv, 2 U.S. warships in Red Sea2025-04-08
Yemen's Houthi group said on Monday it has launched a drone attack on a "military target" in Israel's Tel Aviv and fired cruise missiles at two U.S. warships in the Red Sea.

Trump, Netanyahu discuss Gaza hostages, tariffs at White House2025-04-08
U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu met at the White House on Monday, focusing on the Gaza hostage crisis and U.S. tariffs on Israeli goods.

EU considering 25 pct retaliatory tariffs on some U.S. goods: media2025-04-08
The European Union (EU) on Monday proposed a 25 percent tariff on select U.S. products in response to President Donald Trump's recent decision to impose duties on European steel and aluminum, reported Reuters and Bloomberg, citing an internal document shared with EU member states.

S. Korea's snap presidential election expected to be held on June 3: media2025-04-07
South Korea's snap presidential election was widely expected to be held on June 3 after former President Yoon Suk-yeol's ouster from office last week, multiple media outlets, including Yonhap news agency, said Monday.

Cost and chaos: tariff turbulence sends U.S. businesses off course2025-04-07
As the international market has been thrown into turmoil by Washington's latest tariff maneuvers, will U.S. businesses benefit? Hardly.

Vucic nominates endocrinologist Djuro Macut as Serbian PM2025-04-07
Serbian President Aleksandar Vucic on Sunday nominated Djuro Macut, a 62-year-old endocrinologist, to serve as the country's new Prime Minister.

"I just wanted to help people:" dying Gazan volunteer's last words2025-04-05
"Forgive me, Mom. I just wanted to help people. I just wanted to save lives," breathed a dying volunteer in the Gaza aid convoy ambush, a humanitarian official said on Friday.

DPRK top leader visits training base of special operation units2025-04-05
The top leader of the Democratic People's Republic of Korea (DPRK) visited the training base of the special operation units of the Korean People's Army and guided the general training on Friday, state media reported Saturday.

"Nobody wins in a trade war," UN chief warns2025-04-05
UN Secretary-General Antonio Guterres warns that "nobody wins in a trade war," his spokesman said on Friday.

Ukraine's membership not part of peace deal: NATO Chief2025-04-05
NATO Secretary General Mark Rutte clarified here on Friday that Ukraine's potential NATO membership will not be included as part of any peace agreement.

Trump's universal tariffs "a major blow" to world economy: EC president2025-04-04
European Commission (EC) President Ursula von der Leyen expressed deep regret on Thursday over the U.S. move to impose universal tariffs on the whole world, warning that the impact could be devastating.

Canada launches counter auto tariffs against U.S.2025-04-04
Canadian Prime Minister Mark Carney announced on Thursday Canada will be responding by matching the U.S. approach with 25 percent tariffs on all vehicles imported from the United States that are not compliant with the Canada-U.S.-Mexico Agreement (CUSMA).

Trump signs executive order on "reciprocal tariffs" amid widespread opposition2025-04-03
Amid widespread opposition, U.S. President Donald Trump on Wednesday signed an executive order on the so-called "reciprocal tariffs," imposing a 10-percent "minimum baseline tariff" and higher rates on certain trading partners.

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Stanford report finds U.S. AI edge fading as China closes gap

China has nearly closed AI performance gap with the US, with its leading models achieving near parity with American counterparts on key benchmarks, a Stanford University report said.