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Taiwan says US tariffs 'highly unreasonable'
US President Donald Trump's tariffs were "highly unreasonable" and the government planned to start "serious negotiations" with Washington, Taipei said Thursday. "The Executive Yuan found the decision highly unreasonable and deeply regretted it, and will initiate serious negotiations with the United States," cabinet spokeswoman Michelle Lee said.
Japan says US tariffs 'extremely regrettable', may break WTO rules
Japan slammed Thursday as "extremely regrettable" US President Donald Trump's sweeping new tariffs, saying they may break WTO rules and the two countries' trade agreement. "We have serious concerns as to consistency with the WTO agreement and Japan-US trade agreement," he told reporters.
China says opposes new US tariffs, vows 'countermeasures'
China on Thursday said it "firmly opposes" sweeping new US tariffs on its exports and vowed "countermeasures to safeguard its own rights and interests". The Commerce Ministry in Beijing said in a statement that those tariffs "do not comply with international trade rules and seriously harm the legitimate rights and interests of the relevant parties".
Stocks tank, havens rally as Trump tariffs fan trade war
Equity markets suffered a bloodbath Thursday after Donald Trump delivered a "haymaker" blow with sweeping tariffs against US partners and rivals, fanning a global trade war that many fear will spark recessions and ramp up inflation. Oil also suffered big losses, with both main contracts down more than two percent on fears that the shock to economies would hit demand.
Financial markets tumble after Trump tariff announcement
Global financial markets were rocked on Wednesday by Donald Trump's announcement of sweeping tariffs, targeting China and the European Union in particular, with the risk of undermining the international economy. The bond market also played its role as a safe haven, with the yield on the benchmark ten-year US Treasury, easing to 4.10 percent after Donald Trump's announcement.
Europe riled, but plans cool-headed response to Trump's tariffs
European politicians and a German industry group criticised US tariffs announced by President Donald Trump on Wednesday, but said they were aiming for a cool-headed response. - US warns: don't retaliate - The German chemicals industry called for the EU to "keep a cool head," warning that "a spiral of escalation would only increase the damage".
'Shenmue' voted most influential video game ever in UK poll
The 1999 action game "Shenmue" was on Thursday named the most influential video game of all time following a survey organised by BAFTA, the British association that honours films, television, and video games.
New coal capacity hit 20-year low in 2024: report
The world added the smallest amount of new coal capacity in two decades last year, a report said Thursday, but use of the fossil fuel is still surging in China and India. Last year also saw a record number of new coal proposals in India, the report warned.
Key details on Trump's market-shaking tariffs
After weeks of anticipation, US President Donald Trump unveiled sweeping new tariffs on trading partners Wednesday, calling it a "declaration of economic independence." - Exclusions - Major US partners Canada and Mexico, however, are not subject to the new tariffs, White House officials said Wednesday.
AFP
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