Washington, United States: The US Postal Service (USPS) said Tuesday it was temporarily suspending inbound parcels from China and Hong Kong, shortly after President Donald Trump’s imposition of fresh tariffs targeting Beijing. The halt will take place “until further notice,” and follows Trump’s order for an additional 10 percent levy on Chinese imports starting Tuesday. … Read more
Turbulence in Bangladesh now seems to be the rule rather than the exception. Protests by multiple groups are now almost a daily issue, including not just students of various universities but also madrassa teachers and the general public. Meanwhile, the ‘students’ of the Anti-Discrimination Movement are criticising the interim government, indicating that Chief Advisor Muhammad … Read more
Washington: The trade tensions between the US and China have escalated significantly, with China imposing counter-tariffs on US imports in response to President Donald Trump’s 10% tariff on Chinese goods. This move has reignited the trade war between the world’s two largest economies, with China’s Finance Ministry stating that the US tariffs violate World Trade … Read more
China on Tuesday said it would probe US tech giant Google over violations of anti-monopoly laws after Washington slapped 10 percent levies on Chinese goods. Beijing’s State Administration for Market Regulation said the US tech giant was “suspected of violating the Anti-Monopoly Law of the People’s Republic of China”. It has “launched an investigation into … Read more
Washington: Last-minute talks between Washington and Beijing over President Donald Trump’s tariffs will likely be held in the next 24 hours, he said Monday. Speaking to reporters at the White House before a sweeping 10 percent duty was set to come into effect on Chinese imports, Trump said the talks would occur “probably over the … Read more
Madhavan Menon, chairperson of Thomas Cook India, has been redesignated as non-executive chairman of the board of the travel company. In its filings to BSE on Monday, the travel company said that he will change from his current role starting 1 June. Menon was re-appointed as executive chairman of the company for a new five-year … Read more
Washington: Donald Trump’s stance on tariffs has fuelled disagreement, with the president claiming that anyone opposing his tariff plans is “controlled by China, or other foreign or domestic companies”. This assertion came after Trump announced a 25% tariff on Canadian and Mexican imports, along with an additional 10% tax on Chinese goods. According to Trump, … Read more
A US man was left bewildered after he received a photograph of a drill he had ordered from AliExpress, instead of the actual tool, according to a report in the New York Post. Sylvester Franklin, 68, a Georgia resident, ordered the DIY appliance and a pressure washer for $40 from the budget online store, based … Read more
The geopolitical landscape of South Asia is currently abuzz with discussions on the renewed warmth in Pakistan–Bangladesh relations. In India—and consequently, much of the world—the perception of this relationship is deeply shaped by historical events, particularly those of March 1971, when the Pakistan Army launched genocidal attacks on intellectuals at Dhaka University and others who … Read more
Beijing: US President Donald Trump has slapped new tariffs on Chinese goods, partly in response to Beijing’s alleged role in a deadly opioid epidemic in the United States. Washington has long accused Beijing of turning a blind eye to the deadly fentanyl trade, which US authorities estimate caused tens of thousands of deaths a year. … Read more
New Delhi: A man made a shocking discovery while cleaning his house. The person, who lived in the Jiangsu province in eastern China, discovered that his ex-landlord had been secretly living in the basement of the house for the past seven years, reported the South China Morning Post. The hidden door was behind the stairs … Read more
The freshly announced Union Budget 2025 leaves a lot to unpack, particularly with regards to just how a custom duty waiver on critical mineral scrappage is to help boost EV battery manufacturing. Here are a few Comparing the two: Lower import duty on refined critical minerals vs scrapped critical minerals. Last year’s budget had announced … Read more