In April 2025, the United States significantly escalated its trade conflict with China by imposing a cumulative 145% tariff on Chinese imports.

This figure includes a 20% levy previously applied in connection with fentanyl-related concerns.

In retaliation, China enacted tariffs of up to 84% on U.S. goods, targeting sectors such as agriculture and energy.

These actions have intensified the ongoing trade war between the world's two largest economies, leading to heightened economic uncertainty globally.

To mitigate market volatility, President Trump announced a 90-day suspension of new tariffs for over 70 countries.

Despite this pause, a universal 10% tariff remains in effect, with higher rates persisting for specific sectors, including a 25% tariff on steel, aluminum, and automotive imports.

The European Union responded by suspending its planned retaliatory tariffs, while Canada and Mexico continue to face 25% tariffs on most goods, excluding certain energy products.

The financial markets have reacted sharply to these developments.

Following the tariff pause announcement, U.S. stock indices experienced significant fluctuations.

The Dow Jones Industrial Average fell by over 1,000 points, reversing gains from the previous day.

The S&P 500 and Nasdaq also recorded substantial losses, reflecting investor concerns over the escalating trade tensions and their potential impact on the global economy.

The technology sector has been particularly affected.

Companies like Microsoft and Apple are facing increased production costs due to the tariffs on Chinese imports.

Microsoft has seen its price target reduced, while Apple is attempting to shift some of its manufacturing operations to India to mitigate the impact.

Additionally, the removal of the de minimis exemption for Chinese imports under $800 is set to take effect on May 2, 2025.

This change will impose a 90% tax on low-cost goods, significantly affecting online retailers such as Shein and Temu.

The bond market has also shown signs of distress.

A surge in U.S. 10-year bond yields to 4.5% prompted concerns about the country's long-term borrowing costs, influencing the administration's decision to temporarily halt some tariff measures.

Despite these efforts, the average U.S. import tariff remains elevated, contributing to ongoing economic uncertainty.

Trade negotiations continue amidst these tensions.

The United Kingdom is engaged in discussions with the United States, seeking to address the tariffs affecting its exports.

Meanwhile, the U.S. administration maintains its stance on imposing tariffs as a means to address trade imbalances and protect domestic industries.

The situation remains fluid, with global markets closely monitoring developments in U.S. trade policy.

The ongoing trade dispute between China and the United States has intensified as the Chinese government maintains its position of not backing down from President Donald Trump's tariffs on Chinese goods.

The message conveyed to the population is one of reassurance; they believe the country can weather this economic storm due to the robustness of the Chinese economy.

At street level, consumer focus shifts to price sensitivity, with many opting for local brands over imported US products if prices rise.

Conversely, Chinese companies targeting the US market are presently experiencing significant challenges, leading some businesses to advise staff to take unpaid leave as production levels decrease.

Despite the global implications of these trade tensions, Chinese officials assert a sense of justice in their stance: they question why other nations should be grateful for actions taken primarily between two major economies.

The absence of ongoing negotiations between Beijing and Washington further supports this viewpoint.

With no immediate resolution in sight, China's approach is to prepare for extended periods of economic stability, demonstrating its commitment to navigating the trade conflict without compromise.

The Australian government has turned down a request from Beijing to collaborate on tackling US tariffs, affirming its commitment to diversifying trade and diminishing its dependence on China.

In an interview, Deputy Prime Minister Richard Marles stated that Australia will not "hold hands" with China regarding any global competitive matters.

Instead, the focus will be on advancing national interests and broadening trade relationships internationally.

Australia intends to enhance trade connections with the European Union, Indonesia, India, the UK, and the Middle East.

Chinese ambassador to Australia, Xiao Qian, had called on Canberra to work together with Beijing to safeguard the global multilateral trading system.

At the same time, US President Donald Trump has declared a temporary reduction in tariffs for numerous countries, while maintaining increased tariffs on China from 104% to 125%.

This action is anticipated to further intensify the trade conflict between the world's two largest economies, posing a risk to Australia, which sends nearly one-third of its exports to China.

The Australian central bank has cautioned that the persistent uncertainty surrounding US tariffs and other trade barriers could adversely affect business investment and household spending within the country.

The Trump administration is considering the possibility of ousting Chinese firms from U.S. stock exchanges, a decision that could affect 286 companies with a combined market value of around $1.1 trillion as of March 2025. Treasury Secretary Scott Bessent stated that all options, including delisting, are being explored as part of the administration's larger approach to tackle trade inequalities and national security issues.

This move is in line with a range of legislative and executive actions intended to enhance oversight of Chinese companies in the U.S. In December 2020, the "Holding Foreign Companies Accountable Act" was passed, mandating foreign firms to grant access to their audit records for three consecutive years or risk delisting.

The law specifically targets companies that do not permit the Public Company Accounting Oversight Board (PCAOB) to examine their audit documents, a requirement that has caused tensions with Chinese businesses citing national security reasons.

Furthermore, Executive Order 13959, signed in November 2020, bans U.S. investments in companies labeled as "Communist Chinese military companies" by the Department of Defense.

As a result, the New York Stock Exchange began the delisting process for China Mobile, China Telecom, and China Unicom in January 2021.

The potential delisting of Chinese firms carries wider consequences for global financial markets.

Chinese companies have increasingly pursued secondary listings in markets like Hong Kong and London to lessen the risks posed by U.S. regulatory measures.

For example, the apparel brand Shein has encountered obstacles in its planned U.S. IPO due to increased regulatory scrutiny, leading to considerations of alternative listing options.

These actions are part of a broader U.S. government strategy to address national security and fair trade practice concerns.

The administration has also imposed hefty tariffs on Chinese imports, with rates soaring to 125%, and has cautioned allied countries against deepening trade ties with China, marking it as a significant transgressor in international trade conduct.

The ongoing tensions have resulted in greater volatility across global financial markets, marked by notable fluctuations in stock and bond prices worldwide.

The situation is still evolving as both the U.S. and China navigate the intricacies of their economic and political dynamics.

In April 2025, the United States and Panama concluded a series of defense agreements aimed at enhancing bilateral security cooperation and addressing concerns over foreign influence in the Panama Canal region.

U.S. Defense Secretary Pete Hegseth and Panamanian President José Raúl Mulino signed memorandums of understanding that provide U.S. military vessels with toll-free, priority access through the Panama Canal.

The agreements also encompass expanded joint training exercises, cyber defense collaboration, and the potential reactivation of former U.S. military bases in Panama.

These developments occur against the backdrop of heightened U.S. efforts to counteract China's growing presence in Latin America.

The Hong Kong-based CK Hutchison Holdings, which operates key ports at both ends of the canal, is in the process of selling its assets to a consortium led by U.S. investment firm BlackRock.

This transaction, valued at approximately twenty-three billion dollars, is under scrutiny due to its geopolitical implications.

The agreements have sparked debate within Panama, with critics arguing that they may infringe upon the nation's sovereignty and contravene the 1977 Torrijos-Carter Treaties, which transferred control of the canal from the U.S. to Panama.

The Panamanian government has initiated audits of Chinese-managed port operations and has announced its withdrawal from China's Belt and Road Initiative.

While U.S. officials assert that these measures are necessary to safeguard the canal's neutrality and security, the Chinese government has condemned the actions as politically motivated interference.

The situation underscores the strategic importance of the Panama Canal and the complexities of international influence in the region.

The only structure that collapsed was one under construction by a Chinese firm utilizing Chinese materials and methods.

All other buildings in Bangkok—erected by Thai laborers employing local engineering and construction techniques—remained intact.

Not a single structure built by Thais succumbed. In fact, Thai construction has demonstrated impressive resilience against natural disasters, and this earthquake was no exception.

Moreover, Thailand's emergency services acted swiftly and effectively. Apart from the unfortunate occurrence with the Chinese-built building, there were no mass casualties, extensive damage, and life in the city quickly returned to normal.

The reality is that Thailand continues to be as safe and inviting as ever. This incident should not discourage visitors—rather, it should enhance confidence in Thailand’s construction standards and emergency preparedness. The earthquake highlighted the strength of Thai infrastructure, not its frailty.

In summary: the issue was not with Thailand; it was a single building constructed improperly by a foreign company.

Even during a crisis, Thailand demonstrated its capability to ensure the safety of its people.

On Friday, True Corporation, along with the Department of Disaster Prevention and Mitigation, the National Broadcasting and Telecommunication Commission, and the Ministry of Digital Economy and Society, carried out a nationwide test of Thailand's Cell Broadcast system.

This testing follows an 8.2-magnitude earthquake that struck the Mandalay region of Myanmar on March 28, impacting Bangkok and various provinces, leading to damage to lives and property in both nations.

Passakorn Bunyalak, the director-general of the Department of Disaster Prevention and Mitigation, stated that the Cell Broadcast test produced the anticipated outcomes, with messages being swiftly disseminated and encompassing the designated area.

The purpose of activating this system is to ensure fast emergency notifications across the country.

A recent study conducted across 11 major tourism markets in Asia has recognized Indonesia as the leading diving destination in the region, followed by the Philippines, Thailand, Malaysia, and Vietnam.

These nations are celebrated for their distinct underwater ecosystems and enchanting marine biodiversity, drawing divers from all corners of the globe.

Vietnamese travelers have named Thailand as their preferred diving destination, highlighting its crystal-clear waters, vibrant marine life, and internationally acclaimed dive sites.

Indonesia, Malaysia, and the Philippines also hold significant appeal for Vietnamese diving aficionados, reflecting an increasing enthusiasm for underwater adventures in the area.

The main reason for diving is the quest for serenity beneath the ocean, with nearly 30% of respondents looking for relaxation within the vast calm of the sea.

This desire is particularly strong among travelers from the Philippines, Thailand, and Malaysia.

Furthermore, 24% of participants are motivated to dive by their wish to experience the wonder and vibrancy of marine ecosystems.

While many divers choose economical lodging, 40% are prepared to invest 15 to 30% more on diving experiences compared to regular vacations.

The most common trip duration is 4 to 7 days, with weekend diving excursions also becoming increasingly popular.

Coral reefs are the top preference for ocean adventures, favored by 75% of those surveyed, reinforcing Asia's status as a prime destination for diving enthusiasts worldwide.

A committee has been established to investigate the collapse of the 30-storey State Audit Office building located in the Chatuchak district of Bangkok.

The building, developed by a consortium of Italian-Thai Development Plc and China Railway No.10 Engineering Group, was intended to serve as the new headquarters for the State Audit Office.

Thailand's interior minister has called for the investigation results to be submitted within a week.

Four Chinese workers were interrogated for allegedly stealing documents from the site, with police confiscating 32 files that contained details about contractors and subcontractors.

The investigation will concentrate on architects, construction supervisors, and builders, with both Thai and Chinese partners from the construction consortium expected to bear some of the blame.

In the meantime, rescuers are working to reach trapped individuals as quickly as possible.

China has dispatched an expert to examine the collapse site, who assessed the area after a meeting with Thailand's interior minister.

The earthquake that led to the collapse registered a magnitude of 7.8, yet over 95% of the buildings in the vicinity remained standing.

The governor of Bangkok has urged owners of large structures, theaters, hotels, billboards, and industrial plants to assess their building integrity and safety within a two-week timeframe, covering various structures, including those taller than 23 meters or occupying extensive areas.

A delegation from the Thai government, headed by the Finance Minister, is preparing to visit the US to engage in discussions about the effects of recent US trade policies.

This initiative follows the announcement by the US President regarding reciprocal tariffs on several nations, Thailand included, which is facing a 37% tariff on its export goods to the US. The Thai Prime Minister has indicated that the delegation will highlight Thailand's position as both an exporter and a dependable long-term economic partner.

The nation aims to lessen the impact of the new trade measures, which are anticipated to influence Thai exports such as electronics, processed foods, and agricultural products.

In the course of the negotiations, Thailand has developed proposals to boost imports from the US, encompassing energy, aircraft, and agricultural items, while also seeking to enhance collaboration across various sectors.

Additionally, the Thai government intends to encourage investment in the US and tackle import barriers.

Talks aimed at alleviating the repercussions of US trade policies are set to occur on April 8.

The Chinese foreign ministry has called on specific individuals in the Philippines to avoid making unfounded remarks about Taiwan, warning that those who do so will face repercussions.

This alert came from ministry spokesperson Guo Jiakun during a regular press briefing, in response to statements made by Philippine armed forces chief Romeo Brawner.

Brawner had directed soldiers to prepare for possible actions in the event of a Taiwanese invasion, asserting that Philippine involvement would be unavoidable if such a scenario occurred.

Furthermore, China’s foreign ministry has voiced concerns regarding the Philippines' defense and security collaborations with other countries, particularly highlighting the recent US endorsement of a potential $5.58 billion sale of F-16 fighter jets to Manila.

The ministry stressed that such collaborations should neither target nor negatively impact the interests of any third party and should not jeopardize regional peace and security or heighten tensions in the region.

Reports indicate that China has apprehended three Philippine citizens on suspicion of espionage.

This development came a week after Manila arrested five Chinese nationals on espionage allegations.

State media released photographs of the three being interrogated by law enforcement, along with their identities.

The individuals have been named as David Servañez, Albert Endencia, and Nathalie Plizardo.

According to sources, they were purportedly enlisted by a spy master named Richie Herrera, whose current location remains unknown.

This incident is part of a broader pattern in which Manila has detained several people accused of spying for China.

Alisha Lehmann, a forward for Juventus Women and one of the most followed figures in women's football, has once again made headlines — not for her performance on the pitch, but due to her latest lingerie campaign and growing media presence.

As Switzerland prepares to host the UEFA Women’s Euro this summer, speculation is mounting about whether the high-profile player will be included in the national squad.

Lehmann, 26, was not called up for Switzerland’s recent UEFA Nations League matches, casting doubt on her participation in the upcoming championship.

Despite being among Switzerland's top players, her recent absence from football matches and focus on commercial projects have raised concerns among football officials and supporters.

The latest controversy was sparked by a Valentine’s Day campaign for Italian lingerie brand Tezenis, in which Lehmann posed in revealing and partially transparent garments.

The photos, published on her Instagram account — followed by over 17 million users — received more than half a million likes within days but also triggered backlash over their provocative nature.

Discussions emerged regarding potential violations of social media platform policies due to the explicit content.

Lehmann has expressed interest in continuing to model lingerie, and has also appeared in a joint campaign for Adidas alongside her partner, footballer Douglas Luiz.

Lehmann's popularity is evident not only in Switzerland but globally.

She currently surpasses even Swiss tennis legend Roger Federer in Instagram followers.

Her influence extends beyond social media, as she actively promotes women's football and raises awareness for the sport.

She began her professional career at BSC YB Frauen and quickly advanced to international prominence.

After a successful stint in the English league with West Ham, Everton, and Aston Villa, she joined Juventus Women in 2023. Her move to the Italian club coincided with that of her partner, Douglas Luiz, who signed with Juventus from Aston Villa in a €50 million transfer.

Reports indicated that Luiz requested the club also sign Lehmann, making them the first couple to be signed simultaneously to Juventus’s men’s and women’s teams.

The couple's relationship attracted attention due to Lehmann’s previously declared relationship with fellow Swiss footballer Ramona Bachmann.

In a recent interview, Lehmann commented: “We’re in 2025 — people should be free to be with whoever they want.

It’s time to be open.

Love is love.”

Despite her public presence, Lehmann has not played for Juventus in recent months and missed the team’s recent Serie A fixture against Inter Milan.

She reportedly suffered a minor hamstring injury but has since returned to public events and media appearances.

Meanwhile, she has also taken a role in the UK edition of the Baller League — a new 6-a-side football competition that features former professional players and celebrity coaches.

Lehmann coaches MVP United alongside British TV presenter Maya Jama, marking the first time two women have managed a team in the competition.

National team coach Pia Sundhage addressed Lehmann’s status, stating: “We want to form the best team — not necessarily the team with the best individual players. Everyone will have a chance.

Alisha hasn’t played for Juventus in a long time.

She needs time to prove she deserves a spot on the national team.”

Lehmann, who maintains that football is at the center of her life, recently responded to criticism about wearing makeup during matches.

After Switzerland’s 7-1 defeat to Spain in 2023, some fans mocked her appearance.

Lehmann replied: “I’m a woman. I want to wear makeup. I do my nails. I’m confident, I’m happy, and I smile every day. It’s unpleasant what people write, but I try to ignore it.”

Her last appearance for the national team was six months ago, and her last goal came a year ago in a 2-1 win over Hungary — with the winning goal scored by her ex-partner Ramona Bachmann.

As the tournament approaches, questions remain over whether Lehmann will be included in the final squad representing Switzerland on home soil.

Several Southeast Asian countries are taking steps to address the recent imposition of substantial tariffs by the United States.

Vietnam, Thailand, and Cambodia, among others, are particularly affected by these measures.

Vietnam has been subjected to a 46% tariff on its exports to the U.S. In reaction, Prime Minister Pham Minh Chinh has established a task force led by Deputy Prime Minister Bui Thanh Son.

This group's mandate is to monitor global and regional developments, especially changes in U.S. economic and trade policies, and to advise the government on appropriate responses.

Despite these challenges, Vietnam maintains its economic growth target of 8% for the year.

The U.S. is a significant trading partner for Vietnam, with exports totaling $142 billion last year, representing nearly 30% of its gross domestic product.

Thailand is facing a 37% tariff on its exports to the U.S., a figure notably higher than the 11% previously anticipated.

Prime Minister Paetongtarn Shinawatra has expressed the government's intention to engage in negotiations with U.S. counterparts to address the tariff rates.

The Prime Minister emphasized the importance of these discussions to ensure that Thailand meets its gross domestic product targets.

Thailand's economy, which grew by 2.5% last year, is aiming for 3% growth this year.

Cambodia has been hit with a 49% tariff, the highest among the affected Southeast Asian nations.

The U.S. is Cambodia's largest export market, accounting for 37.9% of the kingdom's export value.

In 2024, Cambodia exported goods worth $9.92 billion to the U.S., with the majority comprising clothing, travel goods, and footwear.

The garment and footwear industries are particularly vulnerable to these tariffs, and stakeholders within these sectors have expressed concerns about potential negative impacts on export growth.

The broader Southeast Asian region is experiencing significant economic implications due to these tariffs.

Six of the nine Southeast Asian countries listed by the U.S. have been subjected to tariffs ranging from 32% to 49%.

These measures have led to declines in stock markets and currencies across the region.

For instance, Vietnam's benchmark stock index experienced a 6.7% drop, while its currency, the dong, depreciated by 0.7% to an all-time low.

In response to the tariffs, affected nations are seeking diplomatic engagements with the United States.

Vietnam's Trade Ministry has formally requested the U.S. administration to postpone the implementation of the tariffs and to engage in further negotiations.

Similarly, Thailand's government has indicated readiness for discussions, citing the longstanding good relations between the two countries.

The imposed tariffs are expected to have significant repercussions on industries that have benefited from the shift of manufacturing operations to Southeast Asia.

Companies such as Nike and Lululemon, which have substantial production bases in countries like Vietnam, may face increased costs.

Analysts suggest that these companies might need to explore alternative manufacturing locations or adjust pricing strategies to mitigate the impact of the tariffs.

The situation remains dynamic, with ongoing developments as Southeast Asian nations navigate the challenges posed by the new U.S. tariffs.

Stay calm. Follow the authorities instructions. Do not panic.

An earthquake recently struck Bangkok, causing significant disruption and alarm among the population.

The seismic event led to a remarkable and unsettling scene at a high-rise building in the city, where individuals were swimming in the rooftop pool when the quake hit.

As the earthquake struck, the water in the pool began to slosh violently, resembling a tidal wave.

Despite the intense movement of the water, the people in the pool managed to ride out the disturbance.

The earthquake's impact was felt across the city, with reports of buildings shaking and objects falling.

Authorities are assessing the damage and providing assistance to those affected by the quake.

Bangkok is located in a region prone to seismic activity, and earthquakes can occur without warning, often catching residents and visitors off guard.

The city's high-rise buildings and infrastructure are designed to withstand earthquakes, but such events still pose a significant risk to public safety.

Emergency services were quickly deployed to respond to the situation, ensuring the well-being of those in the affected areas.

Recent changes in international trade policies have drawn increased scrutiny on U.S. companies that earn a significant portion of their revenue from foreign markets.

The introduction of new tariffs has sparked worries regarding their potential effects on these businesses.

Among the firms with considerable international presence is Monolithic Power Systems, a semiconductor producer located in Kirkland, Washington, which generates roughly ninety-seven point five percent of its revenue from global markets.

Likewise, Lam Research Corporation, which focuses on semiconductor processing equipment and is based in Fremont, California, notes that ninety-two point six percent of its revenue comes from abroad.

The technology industry, in particular, demonstrates a notable dependency on international revenue.

For example, Intel Corporation, situated in Santa Clara, California, derives seventy-five point five percent of its revenue from international sources.

Qualcomm Incorporated, located in San Diego, reports that seventy-five point one percent of its revenue is from foreign markets.

Broadcom Inc., headquartered in Palo Alto, California, also sees seventy-five percent of its revenue originating from overseas.

In the consumer goods arena, The Coca-Cola Company, based in Atlanta, Georgia, generates about sixty-one percent of its revenue from international operations.

The firm employs localized production strategies in its global activities to lessen the impact of international trade obstacles.

The materials sector similarly shows significant international involvement.

Newmont Corporation, a mining enterprise headquartered in Denver, Colorado, reports that eighty-four point seven percent of its revenue comes from foreign operations.

Albemarle Corporation, which specializes in specialty chemicals and is based in Charlotte, North Carolina, obtains eighty-three point two percent of its revenue from international markets.

The energy sector also reflects this trend.

Schlumberger Limited, an oilfield services company with its main offices in Houston, Texas, generates eighty-five point four percent of its revenue from overseas.

These statistics highlight the deep global integration of major U.S. corporations across diverse industries.

The recent rise in tariff implementations has encouraged these companies to evaluate and tackle potential challenges linked to heightened trade barriers.

President Donald Trump has issued an executive order that allows ByteDance, TikTok's Chinese parent company, an extra 75 days to divest its U.S. operations.

This decision postpones a potential ban on the widely-used video-sharing app, originally scheduled to take effect on April 5, 2025. The extension grants more time for discussions focused on reorganizing TikTok's U.S. operations with new ownership.

The recent declaration by the United States of a 10% baseline tariff on all imports, with elevated rates for certain countries, has prompted a range of reactions from significant global economies.

European Union:
The European Commission has voiced apprehensions regarding the potential worldwide effects of the tariffs. Currently, discussions are ongoing to evaluate the implications for sectors such as automotive, luxury goods, and agriculture. The EU is contemplating actions to safeguard its economic interests while striving to keep avenues for negotiation open.

China:
Confronted with a 54% tariff on its exports to the U.S., China has suggested plans for reciprocal measures. The government has reaffirmed its dedication to multilateral trade and ongoing partnerships with global allies. Chinese state media has condemned the action, characterizing it as unilateral and destabilizing.

United Kingdom:
The UK is facing a 10% tariff on its exports to the U.S. Officials acknowledged worries about the effects on industries such as automotive manufacturing. Trade negotiators are staying in touch with their U.S. counterparts to clarify issues and seek potential exemptions for vital sectors.

India:
India is facing a 26% tariff on its exports. Analysts indicate that this might adversely impact labor-intensive sectors, including textiles and footwear. Conversely, Indian electronics exporters may gain if global supply chains pivot away from countries with higher tariffs. Moreover, India’s pharmaceutical exports are currently exempt from the new tariffs.

South Africa:
South Africa has been subjected to a 30% tariff. The government has released a statement calling the measure punitive and warning about its consequences for bilateral trade. There are also concerns regarding the combined impacts of tariffs and cuts to U.S. foreign aid for African nations.

Financial Markets:
Global markets reacted sharply to the tariff announcements. U.S. indices experienced considerable losses, with the Dow Jones Industrial Average dropping over 1,300 points. The S&P 500 and Nasdaq Composite also fell, while European indices like Germany's DAX and France’s CAC 40 saw their most significant declines in months. Economists and market analysts are keeping a close watch for signs of lasting volatility as international reactions develop.

Governments across the globe are assessing their next moves as the tariff regime is implemented. Continued diplomatic discussions, trade negotiations, and economic evaluations are anticipated in the coming days.