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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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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Credit: euronews (in English) Duration: 01:10Published
U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak soon amid escalating tensions over critical mineral trade. Treasury Secretary Scott Bessent confirmed that China may have violated a key agreement, accusing Beijing of withholding essential industrial materials. With global supply chains in jeopardy, aides expect the upcoming call to iron out issues. While no date is confirmed, White House officials are optimistic a conversation is imminent and may clarify the Geneva deal on tariff rollbacks signed last month.
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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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Credit: euronews (in English) Duration: 01:52Published
Lion City Sailors: Singaporean team making waves in Asia
Lion City Sailors from the Singapore Premier League were surprise runners-up in this season’s AFC Champions League Two competition.
In partnership with Media City
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Credit: euronews (in English) Duration: 06:09Published
In a high-stakes meeting amid growing trade hostilities, U.S. Secretary of State Marco Rubio met Chinese Foreign Minister Wang Yi in Kuala Lumpur during the East Asia Summit. This marked Rubio's first Asia visit since taking office, aiming to reaffirm U.S. presence in the Indo-Pacific. However, Trump's sudden tariff offensive—slapping 25-40% duties on major Asian economies—has intensified regional friction. China condemned the U.S. move as "bullying behavior," warning nations against cutting Beijing from global supply chains.
Rubio also discussed security and tech cooperation with Japanese, South Korean, and Southeast Asian leaders. While Rubio remained tight-lipped during the talks, Wang launched a blistering critique of U.S. policies. Meanwhile, ASEAN ministers voiced alarm over trade disruptions, signaling a tilt toward diversification. With deadlines looming and diplomacy on edge, the clash of giants over Asia’s future has just begun.
#Rubio #WangYi #USChinaTensions #TradeWar #ASEAN #IndoPacific #TrumpTariffs #ChinaTrade #AsiaSummit #KualaLumpur #GlobalEconomy #MarcoRubio #ChinaPolicy #USForeignPolicy #TariffWar #BilateralTalks #Geopolitics #SupplyChain #EastAsiaSummit #WTO
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Greece suspends asylum claims for migrants arriving by sea from North Africa, PM Mitsotakis says
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Credit: euronews (in English) Duration: 02:09Published
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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.
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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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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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WW3 WARNING: Russia has openly backed North Korea’s nuclear weapons program, with Foreign Minister Sergey Lavrov declaring support during a high-stakes visit to Wonsan. Lavrov warned the U.S., South Korea, and Japan against forming a security pact aimed at Pyongyang. North Korea, in turn, reaffirmed its "unconditional" support for Russia’s war in Ukraine, calling the alliance "invincible." The deepening cooperation marks a major geopolitical shift, heightening tensions in Northeast Asia and threatening the regional balance of power as the two nations ramp up military and strategic coordination.
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