Russian special envoy Kirill Dmitriev may visit the US this week, meeting with Steve Witkoff, amid efforts to strengthen bilateral relations. The trip comes after the US temporarily lifted sanctions on Dmitriev, allowing him to obtain a US visa. Dmitriev, who heads Russia's Direct Investment Fund, previously discussed cooperation on Arctic development and rare earth metals projects with billionaire Elon Musk. Kremlin spokesman Dmitry Peskov confirmed the visit, stating that discussions are ongoing through various channels.
https://www.themoscowtimes.com/2025/04/02/putin-envoy-dmitriev-may-visit-us-this-week-kremlin-confirms-a88576Taipei has condemned China's military drills around Taiwan, calling them "aggressive" and a threat to the region's security. The US State Department has warned that Beijing's actions are putting the world's prosperity at risk. China has deployed 21 warships and 71 aircraft around Taiwan, with the Shandong aircraft carrier group among them. Taiwanese President Lai has called China a "foreign hostile force" and proposed measures to combat espionage and infiltration. The US is bound to provide arms to Taiwan but has maintained strategic ambiguity on whether it would deploy its military to defend the island. Analysts believe China is more likely to attempt a blockade than an invasion, which would be riskier and require a huge military deployment.
https://www.firstpost.com/world/chinas-military-conducts-major-exercises-near-taiwan-us-condemns-intimidation-13876531.htmlUS President Trump is set to announce a blanket 20% duty on certain countries' goods, sparking fears of a damaging trade war that could drive up prices and cause widespread disruption. The move has deepened the rift with allies such as Canada and the European Union, which have vowed retaliation. Trump's top adviser, Karoline Leavitt, said he was meeting with his team to "perfect" the deal, while Canadian Prime Minister Mark Carney warned of a "deliberate" response if necessary. British Prime Minister Keir Starmer spoke with Trump on "productive negotiations" for a UK-US trade deal, but Vietnam has already offered to slash duties on certain goods to appease Trump.
https://www.thenews.com.pk/latest/1297208-president-trump-set-to-unleash-liberation-day-tariffsUS President Donald Trump is set to announce tariffs on various goods, sparking concerns among businesses and consumers worldwide. The tariffs, which will be imposed by the US government, are expected to impact prices of imported goods in the country. This move has been met with skepticism from some quarters, who fear it could lead to a trade war between the US and other countries.
https://www.livemint.com/news/us-news/ahead-of-trumps-tariff-announcement-what-tariffs-are-how-they-work-their-impact-on-businesses-and-pricesexpla-11743611210597.htmlUS officials have expressed concerns about Washington's commitment to NATO, with some warning signs flashing red due to Trump's team's disdain for Europe, territorial threats against Greenland and Canada, and the president's demands that allies spend at least 5% of their GDP on defense. The US has not made concrete decisions on withdrawing from Europe, but its focus on deterring war in the Pacific may lead to a shift away from European security. Trump's outreach to Russia has raised fears he could side with Moscow, potentially undermining NATO's mutual defense pledge and casting doubt on Article 5 of the alliance's founding treaty.
https://www.ndtv.com/world-news/nato-tries-to-keep-us-on-board-amid-fears-of-trump-withdrawal-8067541The US economy is expected to experience a substantial decline in the medium to long run due to the ongoing tariff war. According to an analysis, if nations like the European Union retaliate against Donald Trump's tariffs, exports would fall by 66.2%, imports would decrease by 46.2%, and welfare would drop by 2.5%. The US GDP is predicted to decline by 1.34% in this scenario. Canada, Mexico, Germany, and the UK are also expected to face significant economic losses, with Canada losing 32.6% of its exports and 2.7% of its overall GDP, while Mexico would lose 35% of its exports and 3.7% of its GDP, and Germany and the UK would experience smaller but still notable declines in their respective economies.
https://www.firstpost.com/world/trump-tariff-war-could-cost-world-1-4-trillion-raise-prices-in-us-by-5-percent-finds-analysis-13876492.htmlAsian markets rose on Wednesday as investors awaited US President Donald Trump's announcement of tariffs, dubbed "Liberation Day", which has sparked uncertainty among traders. The US president has warned that countries will be targeted for years of alleged trade imbalances, with equities already taking a hit in anticipation of the move.
https://www.deccanchronicle.com/business/economics/asian-markets-edge-up-but-uncertainty-rules-ahead-of-trump-tariffs-1870376The US government has warned other countries that it will respond to retaliatory measures with its own tariffs, citing President Trump's executive order as a protection of the president's policies. Canada, Mexico, the UK, EU, China, and Japan have indicated they are preparing for such responses. Economic experts warn that the new tariffs could disproportionately affect low- and middle-income families, who will face higher costs due to price increases by businesses reacting to the tariffs.
https://www.scrippsnews.com/politics/economy/trump-announces-baseline-10-tariff-on-imports-for-us-trade-partnersUS President Donald Trump's announcement of tariffs on Indian goods has raised concerns about the impact on India's stock markets. The Indian government is worried that opening up its agriculture sector to American imports could lead to a significant loss of revenue and jobs. French far-right politician Marine Le Pen's conviction for corruption has sparked debate over judicial bias, with some arguing it undermines democracy. Meanwhile, in sports news, Bengaluru FC and FC Goa are locked in a semi-final match, with the first leg underway at Sree Kanteerava Stadium in Bengaluru.
https://www.firstpost.com/india/barriers-to-business-what-american-and-indian-businesses-want-trump-and-modi-to-do-13876613.html