German conservatives have formed a coalition with the Social Democrats, outlining policies to revive economic growth. The US-China trade war has led to global market selling, with investors exiting safe-haven US bonds due to fears of severe economic impact and inflation. Andrea Cicione, head of research at TS Lombard, believes negotiations between the US and affected countries have made little progress, increasing the risk of recession. German stocks fell 3% as the European Union imposed 25% tariffs on US imports in response to US countermeasures, while rate-sensitive banks slumped 3.1%.
https://www.brecorder.com/news/40356770/european-shares-resume-selloff-as-trade-war-escalatesSouth Korea's Acting President Han met with US counterpart to discuss nullifying tariffs as a whole, potentially paving the way for Korea-US trade talks. The meeting comes amid market volatility due to tariff concerns. South Korea has invested heavily in advanced industries, with 124 R&D projects worth 6.7 trillion won, emphasizing the importance of technology and innovation in addressing uncertain global conditions.
https://koreajoongangdaily.joins.com/news/2025-04-10/business/industry/Korea-to-spend-830-billion-won-on-industrial-technology-development-in-2026/2281916The Malaysian government's decision not to file a WTO complaint against the US has raised concerns among trade experts that retaliation could lead to further economic pressure and potentially trigger a global trade war. Analysts warn that pursuing bilateral negotiations also carries risks, as foreign officials may be hesitant due to fear of being presented with a long list of demands without sufficient concessions.
https://www.malaymail.com/news/malaysia/2025/04/10/why-malaysia-is-avoiding-a-wto-showdown-with-trump-despite-flawed-tariff-claims/172405Malaysia welcomes US changes to its tariff policy, which delay hikes for many countries while increasing pressure on China. Investment Minister Datuk Seri Tengku Zafrul Abdul Aziz says Malaysia is cautious amid uncertainty and remains committed to cooperating with Asean partners to reduce disruptions and promote a balanced trade environment. The country will continue diversifying trade and exploring new markets, prioritizing economic prosperity amidst an "ever-changing landscape".
https://www.malaymail.com/news/malaysia/2025/04/10/nothing-is-certain-about-trump-but-uncertainty-malaysia-welcomes-us-pause-but-remains-wary-ahead-of-key-asean-meeting/172504Romanian PACE delegate Iulian Bulai believes that ending the war and achieving a just peace are impossible without holding Russia accountable for its actions under international law. He emphasized the importance of justice in discussions about peace, stating that major powers only care about peace agreements that benefit themselves, not about true justice. Bulai proposed an urgent debate at the PACE spring session to outline what these concepts mean and invited US President Donald Trump to share his perspective on a just end to the war. He believes Russia must pay for its unprovoked attack on Ukraine, and without a system of justice in place, the tragedy will repeat itself on European soil.
https://www.ukrinform.net/rubric-polytics/3980385-just-peace-accountability-important-elements-of-ending-war-author-of-ukrainian-resolution-in-pace.htmlUS President Donald Trump's potential tariffs on €161 billion of German exports coincide with Chancellor-designate Friedrich Merz's new coalition agreement, which aims for a wholesale economic reboot in Germany. The move comes as the country teeters on the brink of recession and seeks to shake off its fiscal conservatism by relaxing the debt brake and investing hundreds of billions of euros in infrastructure and defense amid Trump's wavering commitment to European security.
https://www.politico.eu/article/facing-huge-trump-tariff-hit-germany-new-government-bets-big-boosting-economy/US President Donald Trump has announced plans to send senior envoys to direct talks with Iran about its nuclear program, warning that failure could lead to "great danger". Tehran has confirmed indirect discussions through a mediator will take place, amid growing US concern over Iran's proximity to developing a workable nuclear weapon. The 2015 nuclear agreement between the US and other world powers limited Iran's uranium enrichment in exchange for economic sanctions relief, but Trump withdrew the US from the deal in 2018, calling it "the worst deal ever".
https://krcgtv.com/news/nation-world/treasury-department-hits-iran-with-new-sanctions-targeting-nuclear-program-ahead-of-talks#US President Trump is pushing countries to reduce trade barriers, including tariffs, regulations, and intellectual property protection, in an effort to eliminate the US trade deficit. The 90-day tariff pause, which ended in early July, may be extended or terminated, potentially re-imposing tariffs on countries that have not negotiated a deal with the US. Trump has previously delayed imposing tariffs on imports from Mexico and Canada twice, citing a need for negotiations.
https://channelnewsasia.com/world/donald-trump-tariff-pause-what-happened-making-sense-china-eu-canada-mexico-5056466President Sheikh Mohamed of the UAE met with Indonesian President Prabowo Subianto at Qasr Al Shati in Abu Dhabi. They discussed enhancing bilateral cooperation in key sectors such as economy, investment, renewable energy, and sustainability. Several agreements were signed on these topics, including those related to environment, food security, and security. The two leaders emphasized their commitment to supporting peace and stability through dialogue and diplomacy, aiming to foster development and prosperity globally.
https://www.thenationalnews.com/news/uae/2025/04/09/president-sheikh-mohamed-meets-president-of-indonesia/