Donald Trump's protectionist strategy remains intact despite a potential setback, echoing the views of McKinley, as he presses ahead with aggressive tariffs. The outcome of his approach is uncertain, pitting him against economists, bankers, and investors who warn that it will harm global trade, inflation, the US economy, and America's global standing.
https://www.thenews.com.pk/print/1303145-how-mar-a-lago-memberships-explain-trump-s-tariff-obsessionUS President Donald Trump has decided to stop imposing trade tariffs after a conversation with Treasury Secretary Scott Besant and Commerce Secretary Howard Lutnick, who successfully convinced him on the issue of tariffs. However, a significant obstacle was overcome by convincing Trump to pause tariffs for 90 days on 75 countries, including the European Union, following an initial imposition in early April that raised rates to 20-30% for many countries, including close partners.
https://www.fakti.bg/en/world/965468-wall-street-journal-trump-convinced-to-stop-imposing-trade-tariffsThe world is bracing for a significant shift in geopolitics as May approaches, with the ongoing diplomatic tensions between US President Donald Trump and Chinese President Xi Jinping potentially leading to lasting changes. The EU is reportedly developing a new strategy to counterbalance China's growing influence, while South Korea and Taiwan face political uncertainty amidst Seoul's shifting stance on North Korea.
https://www.scmp.com/opinion/world-opinion/article/3306662/world-edge-headed-geopolitical-reckoning-may?module=top_story&pgtype=section#commentsYunus met with Pakistani Prime Minister Shehbaz Sharif twice, discussing trade, cultural exchanges, and regional cooperation. The meetings took place at the UN General Assembly in September 2024 and the D-8 Summit in Cairo in December 2024.
https://www.eurasiantimes.com/pakistan-and-bangladesh-recalibrating-ties/Indonesia's Speaker of the House of Representatives, Puan Maharani, reaffirmed the country's unwavering support for Palestinian independence during a meeting with Rawhi Fattouh, Chairman of the Palestinian Legislative Council. Maharani stated that supporting Palestine is a moral and historical obligation for Indonesia, citing its commitment to the Palestinian people's struggle since Indonesia's independence. She emphasized that the DPR consistently raises human rights concerns against Palestinians in international forums like the IPU, OIC, ASEAN, and UN, aligning with Indonesia's constitutional mandate to promote world peace. Maharani pledged to strengthen cooperation between the DPR and the Palestinian Parliament, aiming to garner broader international support for a peaceful homeland.
https://en.antaranews.com/news/352293/house-speaker-conveys-indonesias-unwavering-support-for-palestine?utm_source=antaranews&utm_medium=desktop&utm_campaign=top_newsIndonesians Sugianto, Leo Dipiyo, and Vicky Septa Eka Saputra were awarded certificates of appreciation by the South Korean government for their bravery during a devastating forest fire in Yeongdeok region, North Gyeongsang Province. The three Indonesians made significant contributions to rescuing South Korean citizens, including Sugianto's warning of impending danger, Dipiyo's rescue of an elderly woman, and Saputra's assistance in evacuating trapped residents by boat. Their actions exemplify humanitarian cooperation and global solidarity, enhancing Indonesia's positive reputation in South Korea and worldwide.
https://en.antaranews.com/news/352305/three-indonesians-awarded-for-bravery-in-south-korean-fireUkraine accuses Russia of violating its peace offer with dozens of strikes on Ukrainian positions, prompting Italy's foreign ministry to urge Russia to take more substantial steps towards peace. Italian Foreign Minister Antonio Tajani calls for President Trump to respond positively to his demands, making a genuine ceasefire possible.
https://www.fakti.bg/en/world/965526-eu-urges-putin-to-extend-easter-ceasefire-and-take-more-significant-steps-towards-peaceFrench President Emmanuel Macron is set to make his first state visit to the UK, amid efforts by Prime Minister Keir Starmer to rekindle relations with the European Union. This comes as the US, historically a close ally of the UK, has shifted its focus under President Donald Trump's presidency, leaving Britain seeking stronger ties with EU nations like France. Macron and Starmer have led a coalition of willing European countries in discussing security guarantees for Ukraine if a ceasefire is reached with Russia.
https://www.politico.eu/article/macron-invited-to-uk-state-visit-in-may-ahead-of-trump/US President Trump plans to impose tariffs on EU goods if negotiations over digital services tax fail, reopening a rift with allies. The move is in response to France's 2019 digital services tax, which generated €780 million for the French government last year. Britain, hoping to strike a trade deal with the US, may reconsider its own digital levy, currently bringing in £800 million annually. Global corporate tax negotiations have stalled, with the OECD agreement on taxing multinational companies facing challenges. The EU is threatening to impose a tax on digital services if talks fail, while efforts to tax ultra-wealthy individuals are also stalling under President Biden's administration.
https://www.victoriaadvocate.com/news/nation/taxes-on-super-rich-and-tech-giants-stall-under-trump/article_70a2aa8a-316d-5838-b640-48973d951cff.html