NewsFeed

June 28, 2025

Trump's Tariffs Spark South Korea Trade Deal Rush

A think tank has criticized US President Donald Trump's reciprocal tariff on South Korea, labeling it as a "political" move. Meanwhile, Seoul is racing against time to finalize a trade deal before the exemption period ends, with top trade negotiator Kim Do-yeon holding talks with her US counterparts in Washington.

https://koreajoongangdaily.joins.com/news/2025-06-28/business/economy/Tariff-deals-could-be-wrapped-up-by-Labor-Day-Bessent-says-as-talks-pick-up/2340877

June 28, 2025

UN Sec-Gen Guterres Announces El-Fasher Ceasefire Deal

UN Secretary-General Antonio Guterres has reached an agreement in principle with Sudan's army chief Abdel Fattah al-Burhan to a weeklong ceasefire in El-Fasher, a city under siege by the paramilitary group led by Mohamed Hamdan Daglo. The ceasefire aims to allow humanitarian aid to reach civilians who are starving and trapped in the city. Guterres made the call after visiting the city, where shelling has killed 13 people, including three children, and injured 21 others. The UN is seeking a predictable and time-bound pause to facilitate safe humanitarian movements into and out of El-Fasher, with Assistant Secretary-General Martha Pobee suggesting that similar pauses could be applied to other areas in Sudan.

https://www.victoriaadvocate.com/news/nation/un-working-for-ceasefire-in-besieged-sudan-city/article_8b3843e3-5bbd-5113-9c56-659b4dd6487a.html

June 28, 2025

US Funds $30M for Gaza Humanitarian Aid Efforts

The US State Department has approved $30 million in funding for the Global Humanitarian Forum (GHF), a UN-led operation, to support humanitarian efforts in conflict zones. The move comes as tensions between Israel and Hamas continue, with both countries accusing each other of stealing aid from UN operations. The GHF is expected to receive additional funding support from other countries, following the US approval.

https://www.asiaone.com/world/un-chief-slams-us-backed-gaza-aid-operation-it-killing-people

June 28, 2025

US-India Trade Talks Stall Over Genetically Modified Crops

US-India trade negotiations are nearing a critical deadline as both countries work to finalize their Bilateral Trade Agreement. Piyush Goyal described the deal as an opportunity to expand bilateral trade and strengthen ties between America and India. However, talks have hit roadblocks over US demands for reduced duties on agricultural products and market access for genetically modified crops, which India is resistant to due to concerns over food security, environmental protection, and domestic farming welfare.

https://www.ndtv.com/world-news/i-think-we-are-going-to-reach-a-deal-donald-trump-on-trade-deal-with-india-8779606

June 28, 2025

US Officials Downplay Trade Tensions with Korea

A US official stated that while there are concerns about US-China competition, the US Department of Commerce and USTR are currently focused on economic issues in negotiations with Korea. The official also mentioned that Korea has not received a "tariff letter" from President Trump, which was promised to countries that fail to strike a deal, but emphasized efforts to reduce uncertainty and pursue a pragmatic resolution until the end.

https://koreajoongangdaily.joins.com/news/2025-06-28/business/economy/No-assurance-yet-from-US-on-extending-tariff-grace-period-Korean-official-says/2340923

June 28, 2025

US Reverses China Trade Restrictions Amid Talks

The US has announced plans to cancel restrictive measures against China and may extend tariffs on dozens of economies until July 9, as previously halted during trade negotiations. The White House press secretary, Karoline Leavitt, left the possibility of further delay open, stating it would be a decision for President Trump to make.

https://en.tempo.co/read/2022304/china-us-confirm-framework-for-trade-deal

June 28, 2025

US Sanctions Target ICC Judges in Trump-Era Move

The US State Department has imposed economic sanctions on four judges involved in an investigation and issuing warrants at the International Criminal Court (ICC), following an executive order signed by former US President Trump in February. Akane, a representative from The Hague, emphasized the importance of maintaining the ICC's presence and called on Japan and other member states to take a stand against the US actions, urging Washington to reconsider its decision.

https://www.japantimes.co.jp/news/2025/06/28/world/crime-legal/tomoko-akane-criticizes-us-sanctions/

June 28, 2025

US Trade Deals Near Completion by Labor Day

US Treasury Secretary Scott Bessent stated that trade deals with 18 main US trading partners could be finalized by Labor Day, citing progress in talks with China and new revisions to a rare earths deal. The Trump administration has sent a proposal to the European Union and received an Indian delegation in Washington for further discussions, indicating countries are approaching the US with "very good deals".

https://www.japantimes.co.jp/business/2025/06/28/economy/scott-bessent-trade-deals/

June 28, 2025

Zelensky Exposes Russian Military's Global Supply Chain

Ukrainian President Volodymyr Zelensky stated at the "Fair Play" conference that Russian missiles and drones rely on components sourced from various countries through schemes. He mentioned that Western countries continue to supply Russia with equipment, including metal-cutting machines from 12 countries: China, Taiwan, South Korea, Japan, France, Germany, Italy, Turkey, and the US. Contracts for 2026 have already been signed, according to Zelensky.

https://www.fakti.bg/en/world/982042-volodymyr-zelensky-the-west-supplies-components-to-moscow-for-weapons-production