Trump's Auto Tariff Revokes Trade War – Markets Plunge, Japan & Europe Furious, Economic Chaos
Video Credit: Oneindia - Duration: 33:25s - Published
Trump's Auto Tariff Revokes Trade War – Markets Plunge, Japan & Europe Furious, Economic Chaos
Trump's Auto Tariff Revokes Trade War – Markets Plunge, Japan & Europe Furious, Economic Chaos
In a stunning trade war escalation, President Trump has imposed a massive 25% tariff on all imported cars, sending shockwaves through global markets.
Tokyo stocks plummeted, and major automotive-exporting nations like Japan, South Korea, and Europe are outraged.
How will Trump's Auto Tariff impact the global economy?
Congress leader Rahul Gandhi has stirred controversy after endorsing Donald Trump’s recent comment calling India a “dead economy.” Gandhi said he was “glad Trump stated a fact,” drawing sharp criticism from across the political spectrum. What was intended as a dig at the Modi government quickly backfired, with critics accusing Gandhi of siding with a foreign leader to malign India on the global stage.
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Piyush Goyal affirmed India's trade stance after US tariffs. A special court acquitted all accused in the 2008 Malegaon blast case. A Chhattisgarh trafficking.. IndiaTimes
A war of words has erupted between Donald Trump and Dmitry Medvedev after the former Russian president issued a veiled threat warning Trump against issuing ultimatums to Moscow. Medvedev, in a social media post, said each ultimatum brings the world closer to war—"not between Russia and Ukraine, but with your own country." Trump responded with fury, calling Medvedev a "failed former President" and warning him to "watch his words" or face consequences. The U.S. President also slammed India over trade tariffs, saying their economy and Russia’s were “dead” and would “sink together.” Trump had recently warned Russia of new sanctions if it didn’t agree to a ceasefire within 12 days. The Kremlin said it had “taken note” of Trump’s latest demands. With tensions mounting, the episode highlights rising geopolitical friction and personal animosity at the top levels of power.
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Union Commerce Minister Piyush Goyal on Thursday said the central government is studying the implications of the US' move to impose a 25 percent tariff on.. DNA
President Donald Trump announced a “massive” $500 billion trade agreement with Japan, calling it the “largest deal ever made.” Trump claims the deal will create hundreds of thousands of U.S. jobs, open Japanese markets for American cars, trucks, rice, and agriculture, and include key projects like a joint LNG venture in Alaska. Japan’s Prime Minister Shigeru Ishiba faces growing domestic backlash as critics demand clarity on the agreement. Details remain scarce, with Trump’s Truth Social post being the only firsthand source so far.
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Donald Trump has slapped 25% tariffs on Japan and South Korea, warning both nations to “build in the USA or pay up.” With a July 9 deadline looming, Trump’s letters threaten even steeper tariffs if Tokyo or Seoul retaliate or refuse trade deals. He blames long-standing U.S. trade deficits on “unfair policies.” Investors reacted sharply—Nissan shares tumbled over 7%. As tariff tensions rise, Trump promises fast-track approvals for companies shifting production to the U.S., intensifying global trade war fears.
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Japan is set to export six Abukuma-class destroyer escorts to the Philippines in a landmark move aimed at countering China’s growing aggression in the South China Sea. The aging destroyers, in service for over 30 years, will significantly boost the Philippines’ naval capabilities, which currently lack such firepower. Defense ministers from both nations agreed to the deal in Singapore last month. Tokyo will frame the upgrades as a joint development project to bypass Japan’s pacifist export rules. The Philippines will inspect the ships this summer. This strategic partnership comes amid intensifying maritime tensions, as both Tokyo and Manila face growing challenges from Beijing’s territorial claims. The deal marks a new chapter in Asia-Pacific military realignment and is expected to draw a sharp response from China.
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In a bombshell announcement, U.S. President Donald Trump has declared a “Full and Complete Trade Deal” with South Korea — worth a staggering $350 billion in American-controlled investments. Trump, who claims the deals were “selected by myself, as President,” also revealed a $100 billion LNG energy commitment from Seoul and exclusive, tariff-free access for U.S. products in Korean markets.
In return, South Korea’s exports to the U.S. will face a stiff 15% tariff. Trump described the agreement as a symbol of America’s dominance, likening it to the collection of “imperial tribute.” The deal includes upcoming additional investments, to be finalized when President Lee Jae Myung visits Washington. With dramatic language and economic muscle-flexing, Trump painted the deal as a massive American win — and a clear message to rival economies, particularly India and China.
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Heavy rains in South Korea leave at least 17 dead and 11 others missing
South Korea has been battered by torrential rains for the past five days, leaving at least 17 people dead and 11 missing.
READ MORE : http://www.euronews.com/2025/07/20/heavy-rains-in-south-korea-leave-at-least-17-dead-and-11-others-missing
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
Credit: euronews (in English) Duration: 00:35Published
South Korea is reeling from catastrophic flooding and landslides triggered by relentless heavy rainfall since July 16, 2025. The death toll has surged to 14, with 12 still missing, as nature's fury battered central and southern regions. In the resort town of Gapyeong, a deadly landslide buried homes, while floodwaters swept vehicles away.
Sancheong County alone recorded nearly 800mm of rainfall, leading to the evacuation of over 7,000 residents nationwide. The national weather agency has forecast the rain will cease by Sunday, but a blistering heatwave is set to follow. Experts warn climate change is intensifying these extreme weather events, pushing South Korea to the edge. As rescue teams scramble and damage assessments begin, authorities continue to urge caution. The tragedy underscores growing environmental risks as weather patterns become more volatile and unpredictable.
#SouthKoreaFloods #Landslide #HeavyRain #GapyeongDisaster #ExtremeWeather #ClimateChange #Heatwave #FloodDeathToll #EmergencyRescue #GlobalWarming #SancheongRainfall #FloodEvacuation #AsiaFloods #RainDisaster #EnvironmentalCrisis #WeatherAlert #NaturalDisaster #SevereRainfall #KoreanWeather #Rainstorm
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Donald Trump’s second term is now synonymous with diplomatic failure, global chaos, and domestic division. From the controversial closure of the Epstein case to inflaming the Israel-Iran conflict, Trump’s unpredictable policies have left even his allies in dismay. His sudden $300 million Ukraine aid after earlier cuts has confused NATO partners.
Worse still, Trump’s tariffs on longtime allies like Canada, Japan, and South Korea have sparked economic retaliation, forcing countries to diversify away from the U.S. Critics say his leadership is built on instability and ego, not strategy. Meanwhile, top voices in his MAGA base are turning against him, furious over his handling of Epstein and repeated cabinet dysfunction. In this political storm, one question echoes louder than ever—is Donald Trump the worst president America has ever seen?
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Trump Calls Modi ‘Smart PM, Great Friend'–But Slams India’s High Tariffs! US-India Trade War to End?
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