International

No clear winner: Xi Jinping reacts as China hikes tariffs on US goods to 125 pc

No clear winner: Xi Jinping reacts as China hikes tariffs on US goods to 125 pc

There is no winner in a tariff war, and going against the world will only result in self-isolation, Chinese President Xi Jinping said when meeting with Spanish Prime Minister Pedro Sanchez here on Friday.

Moreover, in a move that is set to further escalate global uncertainty, China has decided to retaliate with additional tariffs on US goods from April 12, taking the total effective rate to 125 per cent. This came a day after US President Donald Trump announced a total of 145 per cent duty on Chinese goods.

Xi said over the past 70 years and more, China has achieved development through self-reliance and arduous struggle, never relying on others' mercies, still less fearing any unreasonable suppression, reports news agency.

He added that no matter how the external world changes, China will remain confident and focused on running its own affairs well.

Noting that both China and the European Union (EU) are major economies in the world and firm supporters of economic globalization and free trade, Xi said the two sides have formed a close relationship of economic symbiosis with their combined economic output exceeding one-third of the world's total.

5.0 magnitude quake hits central Myanmar

5.0 magnitude quake hits central Myanmar

A 5.0 magnitude earthquake struck central Myanmar at about 10:59 a.m. local time on Friday, the country's Department of Meteorology and Hydrology (DMH) reported.

The epicentre, with a depth of 10 km, was located about five miles southeast of Wundwin town in Mandalay region, news agency reported.

Myanmar has experienced more than 112 aftershocks ranging from magnitudes of 2.8 to 7.5, according to the country's Department of Meteorology and Hydrology.

The aftershocks followed a devastating 7.7 magnitude earthquake that struck the country on March 28.

The death toll from Myanmar's earthquake reached over 3,649, the Information Team of Myanmar's State Administration Council reported.

South Korea: Ex-President Yoon set to leave official residence

South Korea: Ex-President Yoon set to leave official residence

Former South Korean President Yoon Suk Yeol is set to leave the official residence in central Seoul later on Friday, a week after he was removed from office over his short-lived martial law declaration in December.

The former President and First Lady Kim Keon Hee, plan to move from the official residence in central Seoul at 5 p.m. to their private residence located in a southern area of the capital, a senior presidential official said.

It remains unknown whether Yoon would issue a message before he leaves the residence.

Senior presidential aides are expected to visit Yoon prior to his departure, the official noted.

The Presidential Security Service has reportedly completed organising a security team of about 40 personnel for the former President, who is eligible for security protection for up to 10 years.

US: 118 foreign students' legal statuses revoked across Texas universities

US: 118 foreign students' legal statuses revoked across Texas universities

At least 118 foreign students' legal statuses have been revoked across the universities in the US state of Texas as of Thursday, according to local media reports.

These students were informed recently that their visas were revoked or their immigration status was marked as terminated in the Student and Exchange Visitor Information System, known as the SEVIS federal database, reports news agency

At least 27 students in the University of North Texas and another 27 in the University of Texas (UT) at Arlington were removed from SEVIS, said the report, citing university officials.

As many as 10 UT-El Paso students had their visas revoked, said a report from local media outlet KFOX14.

Spanish tourist family of 5 killed in US helicopter crash

Spanish tourist family of 5 killed in US helicopter crash

In a devastating incident, six people -- including a family of five Spanish tourists, among them three children -- and a pilot were killed after their sightseeing helicopter crashed into the Hudson River near Jersey City, New Jersey, on Thursday (local time).

The tragic crash occurred when the Bell 206 helicopter, carrying the tourists on a sightseeing trip, spiralled out of control and plunged into the river.

The helicopter reportedly tumbled through the air before hitting the water, and videos circulating on social media captured the horrifying final moments as parts of the chopper spun and fell.

New York City Police Commissioner Jessica Tisch confirmed the sequence of events, stating, "The helicopter took off around 3 pm from downtown Skyport and flew south before heading up the Manhattan shoreline to the George Washington Bridge."

Houthi drone strike kills three children in Yemen's Hodeidah: Govt official

Houthi drone strike kills three children in Yemen's Hodeidah: Govt official

Three children were killed on Thursday when a Houthi drone struck a residential house in Yemen's Red Sea province of Hodeidah, a local government official told news agency.

The official, who requested anonymity, confirmed that the drone was launched by Houthi forces but missed its intended target and instead hit a civilian dwelling in Hays district of Hodeidah.

"The drone attack claimed the lives of three children from a single family and left two others wounded," the official said.

The Houthi group has not issued any statement regarding the incident.

Myanmar hit by 112 aftershocks following devastating earthquake

Myanmar hit by 112 aftershocks following devastating earthquake

As of Thursday, Myanmar has experienced 112 aftershocks ranging from magnitudes of 2.8 to 7.5, according to the country's Department of Meteorology and Hydrology.

The aftershocks followed a devastating 7.9-magnitude earthquake that struck the country on March 28.

The death toll from Myanmar's earthquake reached 3,649 as of 6 pm local time on Wednesday, the Information Team of Myanmar's State Administration Council reported.

In addition, 5,018 people were injured and 145 remained missing due to the earthquake, the report said.

South Korean Court rules quorum in impeachment motion of acting President Han valid

South Korean Court rules quorum in impeachment motion of acting President Han valid

The South Korean Constitutional Court on Thursday upheld the validity of the National Assembly's impeachment motion against acting President Han Duck-soo, ruling that the use of a quorum standard applicable to Cabinet ministers, rather than the president, did not violate the Constitution.

In a 6-2 decision, the court dismissed a competence dispute filed by 108 lawmakers from the People Power Party (PPP) against National Assembly Speaker Woo Won-shik. The ruling came just weeks after the same court reinstated Han to office.

The parliament voted 192-0 to impeach Han, who was serving as both prime minister and acting president following the suspension of then President Yoon Suk Yeol from office over the short-lived imposition of martial law on December 3, news agency reported.

Death toll from overnight US airstrikes on Yemen's capital rises to 3

Death toll from overnight US airstrikes on Yemen's capital rises to 3

The death toll from fresh US airstrikes on Yemen's capital Sanaa rose to three, with several others wounded, medics and health authorities told.

The airstrikes targeted the Al-Nahdayn area which is surrounded by densely residential neighbourhoods on Wednesday late night.

Shrapnel hit many houses and shattered windows, causing damage and killing three residents. Several wounded civilians have been rushed to hospital.

This was the latest wave of US airstrikes on northern Yemen since the US military resumed airstrikes on the Houthi group on March 15 to deter the group from targeting Israel and US warships in the northern Red Sea.

The airstrikes also targeted several locations across other northern areas late on Wednesday, including the Red Sea port city of Hodeidah and the Island of Kamaran, where no casualties have been reported so far.

90-day US tariff relief will lead to more sustainable trade pacts: Experts

90-day US tariff relief will lead to more sustainable trade pacts: Experts

The temporary relief on the US reciprocal tariffs front gives businesses and India vital space to stabilise supply chains and adapt operations, while also providing policymakers an opportunity to work toward more sustainable trade agreements, industry experts said on Thursday.

US President Donald Trump has announced a lower rate of 10 per cent for 90 days in reciprocal tariffs for trading partner countries that have not retaliated with higher levies on American goods — such as India — and further hiked the levy on China to 125 per cent for hitting back.

“President Trump’s 90-day pause on tariffs for India and several other countries reflects a tactical recalibration rather than a fundamental policy shift — but it’s a welcome development from both US consumers and global geopolitics perspectives,” said Ashok Chandak, President of SEMI IESA.

While this pause opens the door to reassess global trade dynamics, underlying tensions and uncertainty persist due to the existing 10 per cent baseline tariff on most US imports and what comes after 90 days, he mentioned.

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