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Switzerland is stunned by 39% US tariff, among the highest in the world

Switzerland is stunned by 39% US tariff, among the highest in the world

PARIS — Switzerland got a rude awakening Friday, a national holiday, when President Donald Trump set the tariff rate on goods imported from the Alpine country at 39%, one of the highest rates for any nation. Karin Keller-Sutter, the Swiss...

Source says India's purchases of Russian oil legal

Source says India's purchases of Russian oil legal

NEW DELHI, August 2. /TASS/. India purchases energy resources from Russia in accordance with all international norms, and oil from Russia has never been subject to sanctions, a source in the Indian government told TASS. "India's purchases [of...

Commissioner's Office of China's Foreign Ministry in HKSAR slams irresponsible remarks by Canadian, NZ, and EU politicians

Commissioner's Office of China's Foreign Ministry in HKSAR slams irresponsible remarks by Canadian, NZ, and EU politicians

Hong Kong Special Administrative Region file photo: Xinhua A spokesperson for the Commissioner's Office of China’s Foreign Ministry in the Hong Kong Special Administrative Region (HKSAR) on Friday night expressed strong dissatisfaction and firm...

Majority of iPhones sold in US now made in India, confirms Tim Cook at Apple results

Majority of iPhones sold in US now made in India, confirms Tim Cook at Apple results

Apple's shift in production strategy has led to the majority of iPhones sold in the United States being manufactured in India. This significant change marks a departure from past reliance on China for production aimed at the US market. CEO Tim...

ORC European Champions to Be Decided at the 43rd Copa del Rey MAPFRE Showdown

ORC European Champions to Be Decided at the 43rd Copa del Rey MAPFRE Showdown

The penultimate day of the 43rd edition of the Copa del Rey MAPFRE competition delivered the best sailing conditions of the week, allowing for three races in the battle for the ORC European titles. The introduction of discards shook up the...

Out Of China: Most iPhones for US Now Made in India, Says Apple CEO Tim Cook

Out Of China: Most iPhones for US Now Made in India, Says Apple CEO Tim Cook

This shift comes amid mounting geopolitical tensions and US policy scrutiny of China-dependent supply chains. In a milestone for India's electronics manufacturing sector, Apple CEO Tim Cook has revealed that most iPhones sold in the United States...

Romania opens port for Pakistan’s Europe trade

Romania opens port for Pakistan’s Europe trade

Romania has offered Pakistan the use of its Port of Constanța on the Black Sea as a direct gateway to European markets. This initiative aims to diversify Pakistan’s export routes, reduce logistics costs, and boost bilateral trade. Islamabad warmly...

Survey: Finnish companies still eager to enter US market despite tariff threat

Survey: Finnish companies still eager to enter US market despite tariff threat

The EU-US tariff dispute and agreement have spurred export firms to reconsider their future plans. Open image viewer An employee assembles an adjustable headrest at a Planmeca production facility in Helsinki. Image: Esa Syväkuru / Yle An agreement...

White House keeps tariff pressure on EU car industry

White House keeps tariff pressure on EU car industry

Published on 01/08/2025 - 15:53 GMT+2 US President Donald Trump doesn’t appear willing to ease the pressure on German carmakers. The US executive order on reciprocal tariffs published just before 1 August stopped short of applying the 15% tariffs...

Oil Price Surge Looms: US-Russia Tensions Threaten Global Supply, Experts Warn

Oil Price Surge Looms: US-Russia Tensions Threaten Global Supply, Experts Warn

Brent crude oil prices are expected to rise to USD 80 per barrel in the coming months as tensions between the United States and Russia threaten to disrupt the global oil supply chain, highlighted oil market experts in conversation with ANI. Oil...

Indian textile industry voices concern over sudden change in US tariff rates

Indian textile industry voices concern over sudden change in US tariff rates

Stakeholders in the textile industry have expressed alarm over the recent increase in US duties on imports of textiles and clothing, stating that the action may hurt export competitiveness and halt trade momentum at a time when India is increasing...

Regular Government, Four No Confidence Votes and New Parliamentary Group Define Parliament’s 2025 Session

Regular Government, Four No Confidence Votes and New Parliamentary Group Define Parliament’s 2025 Session

The Bulgarian Parliament elected a regular government led by Prime Minister Rosen Zhelyazkov in 2025. Over the months leading up to the start of the summer recess, MPs also survived four unsuccessful votes of no confidence, passed legislation...

Bessent Optimistic On US-China Ties, Says ‘Makings Of A Deal’ In Place

Bessent Optimistic On US-China Ties, Says ‘Makings Of A Deal’ In Place

Home China Bessent Optimistic On US-China Ties, Says ‘Makings Of A Deal’ In Place China faces an August 12 deadline to finalise a lasting tariff agreement with President Trump’s administration after earlier preliminary deals in May and June. U.S....

India hardens stance in US trade talks; refuses tariff cuts on farm, dairy, GM foods as Trump escalates tariff war

India hardens stance in US trade talks; refuses tariff cuts on farm, dairy, GM foods as Trump escalates tariff war

India has toughened its stance on extending duty concessions on agri products, dairy and GM foods in the proposed bilateral trade agreement (BTA) with the US. With the US not able to finalise a deal with India so far, US President Donald Trump on...

No duty concessions to US on agri, dairy, GM foods: An explainer

No duty concessions to US on agri, dairy, GM foods: An explainer

New Delhi: India has toughened its stance on extending duty concessions on agri products, dairy and GM foods in the proposed bilateral trade agreement (BTA) with the US. With the US not able to finalise a deal with India so far, US President...

Delo argues US economy now destabilised

Ljubljana, 2 August - The newspaper Delo's front-page commentary on Saturday says that US President Donald Trump has destabilised the US economy in the six months since he took over. It warns of a crisis of the consumer goods sector that may be a...

14 Western governments condemn Iranian assassination, kidnapping attempts worldwide

14 Western governments condemn Iranian assassination, kidnapping attempts worldwide

A protester stands in front of an Iranian flag after six men were arrested earlier on the same day on suspicion of grievous bodily harm, near Iran's embassy, London, Britain, June 20, 2025. (Photo: REUTERS/Isabel Infantes) Fourteen Western...

Romania offers Constanța Port as gateway for Pakistani exports to Europe

Romania offers Constanța Port as gateway for Pakistani exports to Europe

Romania has proposed the use of its Port of Constanța to provide Pakistan direct access to European markets via the Black Sea and Danube River. The initiative was welcomed by Islamabad, calling it a viable step toward diversifying Pakistan’s...

Israel airdrops aid into Gaza with help from UAE, Jordan, Egypt, Europe

Israel airdrops aid into Gaza with help from UAE, Jordan, Egypt, Europe

Daijiworld Media Network – Jerusalem Jerusalem, Aug 2: In a significant development, Israel on Friday carried out an airdrop of humanitarian aid into Gaza, partnering with six countries including three from Europe, amid rising global concerns over...

11,000 Android Devices Hacked by Chinese Threats Actors to Deploy PlayPraetor Malware

11,000 Android Devices Hacked by Chinese Threats Actors to Deploy PlayPraetor Malware

A sophisticated malware-as-a-service operation orchestrated by Chinese-speaking threat actors has successfully compromised over 11,000 Android devices worldwide through the deployment of PlayPraetor, a powerful Remote Access Trojan designed for...

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