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- Trump says China tariffs will come down from 145%
Trump says China tariffs will come down from 145%
Global Trade and Geopolitical Shifts: Navigating Tariffs, Alliances, and Uncertainty in 2025
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Trump says China tariffs will come down from 145%
4 minutes by Andrea Shalal and Jeff Mason
President Trump is optimistic about reducing the steep 145% U.S. tariffs on Chinese imports, forecasting a decline as trade negotiations with China are set to restart. Speaking at a White House event, he described upcoming talks in Switzerland as "very friendly," involving top U.S. officials and China's economic official He Lifeng. This follows a tense trade war, with China imposing 125% tariffs on U.S. goods in retaliation. Trump’s comments suggest a possible de-escalation, contrasting his earlier tough stance, as both nations seek to address the economic strain caused by the ongoing trade dispute.
China is suspected of secretly funding SpaceX
3 minutes by Ivan Hrinko
Chinese investments in SpaceX, funneled through offshore hubs like the Cayman Islands, are stirring suspicions about Elon Musk’s ties to China. With SpaceX handling sensitive U.S. military projects, like spy satellite networks, these financial links raise national security concerns. Some experts see this as Musk deliberately obscuring foreign ownership, given his business interests in China.
Foreign aid in decline as realism shapes global assistance
11 minutes by Teresa Pinto
The global foreign aid system is shrinking as major donors like the U.S. and UK pull back, driven by skepticism about its effectiveness and shifting domestic priorities. Economic stagnation in donor countries fuels public doubt, pushing governments toward interest-driven deals over traditional aid. In Africa, this retreat worsens challenges like poverty and instability, while countries like China and Turkey fill the gap with strategic investments.
Venezuela reaffirms intent to join BRICS
2 minutes by News.AZ
Venezuela is doubling down on its push to join BRICS, with Foreign Minister Yvan Gil Pinto emphasizing the country’s commitment to gaining full membership. President Nicolas Maduro sees BRICS as a key part of a new global order, aligning with Venezuela’s long-term geopolitical vision. Despite past setbacks, like Brazil’s veto at the 2024 Kazan summit, Venezuela is eager to deepen ties with BRICS nations. The country views the bloc as a counterweight to Western influence, especially amid U.S. sanctions.
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BRICS Bank Eyes Morocco for Membership, Seeks to Expand Global Reach
5 minutes by Adil Faouzi
The BRICS New Development Bank is keen on bringing Morocco into its fold, aiming to broaden its global influence. Morocco’s potential membership hinges on initiating contact with BRICS, navigating a formal process, and contributing capital to access the bank’s financing. Despite strong ties with most BRICS founders, Morocco’s strained relationship with South Africa, especially over the Western Sahara issue, complicates its path. South Africa has openly opposed Morocco’s inclusion, fearing a loss of its own clout in the bloc.
Trump announces trade deal with UK as tariffs continue to spark economic uncertainty
3 minutes by CNN
The U.S.-China trade war has reached a critical turning point in 2025, with U.S. imports from China plummeting to a 20-year low in the first quarter, driven by President Donald Trump’s aggressive tariff hikes. According to Commerce Department data, imports from China dropped to $102.7 billion, shrinking their share of total U.S. imports to just 11%—a steep decline from 22% seven years ago. As tariffs as high as 145% disrupt supply chains, businesses and consumers are grappling with higher prices and shifting trade dynamics.