Trump and Xi reset ties in Beijing; White House visit set for September

In a move that signals a significant cooling of long-standing trade and diplomatic frictions, US President Donald Trump and Chinese President Xi Jinping have agreed to a fresh roadmap for bilateral ties, anchored by a high-profile invitation for the Chinese leader to visit Washington this autumn.

The development came during a packed day of diplomacy in the Chinese capital on Thursday, where both leaders moved past previous "trade war" rhetoric to frame the relationship as the world’s most consequential. Speaking at a lavish state banquet in the Great Hall of the People, President Trump extended a formal invitation to President Xi and Madam Peng Liyuan to visit the White House on September 24.

A constructive new path

The summit, which included a pivotal two-hour bilateral meeting, resulted in both nations agreeing to frame their relationship as “constructive, strategic, and stable.” According to a readout from the Chinese Foreign Ministry, this new positioning is intended to guide the superpower's interactions for the next three years and beyond.

The shift in tone was palpable. President Xi, addressing the delegation, noted that while the world is undergoing rapid change, the US-China relationship remains the bedrock of global stability. “We must make it work and never mess it up,” Xi said, emphasizing that the two giants should be “partners, not rivals.”

Massive trade deal looms

While the diplomatic optics were strong, the underlying economic stakes remained the primary focus for the markets. Reports from the ground indicate that a massive US-China trade deal worth approximately ₹9 lakh crore ($100 billion+) is currently being finalized.

Central to this agreement is a significant purchase of American aircraft by Beijing. Sources familiar with the matter suggest that China is prepared to commit to a large-scale acquisition of Boeing aircraft, a move seen as a major win for the US manufacturing sector and a primary objective of the Trump administration’s “Make America Great Again” economic policy.

Corporate giants join delegation

The importance of the commercial aspect was underscored by the presence of a "who’s who" of American industry. President Trump was accompanied by a high-powered delegation of executives, including Apple’s Tim Cook, Nvidia’s Jensen Huang, and Tesla’s Elon Musk.

Musk, who was seen interacting with guests at the state banquet, expressed his desire to accomplish "many good things" during the visit. The inclusion of semiconductor and AI leaders like Huang and Cristiano Amon of Qualcomm suggests that despite recent export restrictions, both sides are looking for a path forward on technological cooperation.

Navigating the Taiwan issue

Despite the outward cordiality, the sensitive issue of Taiwan remained a critical point of deliberation. President Xi reportedly delivered a stern warning during the private sessions, describing the Taiwan issue as the "most important" in the bilateral relationship. He cautioned that mishandling the matter could push both nations toward "clashes and even conflict."

US Treasury Secretary Scott Bessent, however, sought to downplay immediate fears of escalation. In an interview with CNBC, Bessent stated that Trump "understands the sensitivities" surrounding the democratically governed island and cautioned that the President’s negotiating style should not be mistaken for a lack of awareness regarding regional geopolitical red lines.

Progress on global security

The leaders also found rare common ground on Middle Eastern security. Both the White House and Beijing confirmed an agreement on the necessity of keeping the Strait of Hormuz open for the free flow of energy.

Energy Security: China expressed interest in purchasing more American oil to reduce its reliance on the volatile strait.

Nuclear Non-proliferation: Both leaders reaffirmed their stance that Iran must never be allowed to possess a nuclear weapon.

Regional Conflicts: Discussions also touched upon the ongoing Ukraine crisis and the situation on the Korean Peninsula.

Looking toward September

The day’s events concluded with a visit to the historic Temple of Heaven, a site symbolic of harmony. As the motorcade departed the Great Hall of the People late in the evening, the focus shifted toward the upcoming September 24 visit to Washington.

With the US-China trade deal serving as the economic backdrop, the next few months will likely see intensive negotiations between trade teams to formalize the aircraft purchases and address lingering tariff concerns before the two leaders meet again on American soil.

Trump Warns of 'Project Freedom Plus' as Iran Slams US Strikes

Iran's Araghchi accuses US of ‘reckless military adventure’ amid fresh Hormuz clashes

Tensions in the Strait of Hormuz spiked Friday as US forces struck Iranian military targets following attacks on American warships, prompting sharp accusations from Tehran. Iranian Foreign Minister Abbas Araghchi labeled the US actions a "reckless military adventure," claiming they targeted civilian areas near Chabahar port and oil tankers in the Gulf of Oman. President Donald Trump, speaking at the White House, warned that failed nuclear talks could trigger "Project Freedom Plus," an expanded escort mission for stranded commercial vessels in the strait.

Araghchi's Fiery Rebuke

Araghchi's comments came late Thursday, after US Central Command reported Iranian missiles, drones, and small boats targeting US destroyers near the strait. "The US chooses reckless military adventure whenever diplomacy is within reach," he said, according to Iranian state media. Tehran countered with strikes on US ships, while denying any breach of the fragile ceasefire holding for over a month.

Sources familiar with the matter said the exchanges began early Friday morning local time, with US airstrikes hitting coastal bases by dawn. No US casualties were reported, but Iran alleged hits on non-military sites, escalating rhetoric ahead of weekend talks.

Trump Hints at Escalation

Trump told reporters before heading to his Virginia golf course that without a deal, Washington would revive the earlier "Project Freedom" initiative—paused amid negotiations—but beefed up. "It'll be Project Freedom plus other things," he added, stressing protection for global shipping routes vital for 20% of world oil. The strait remains a flashpoint, with commercial traffic disrupted since clashes began two months ago.

Oil Markets React

Brent crude jumped as much as 3% during Friday trading amid the flare-up, settling at $101.29 a barrel, up 1.23%. West Texas Intermediate closed at $95.42, up 0.64%, paring gains on hopes for an imminent US-Iran agreement. Traders watched closely, with prices volatile since the ceasefire took hold in April.

An oil spill off Iran's Kharg Island export terminal—spotted Tuesday via satellite—added uncertainty, though the Pentagon declined comment amid reports of Thursday strikes.

Iran's Satirical Jabs

Iran's Foreign Ministry spokesman Esmaeil Baghaei mocked Trump's prior nuclear threat of "one big glow" from Iran if talks collapse. "Absurd... they seek peace yet propose a big flash," he posted on X, sharing a clip from the 1964 satire Dr. Strangelove.[query context] The taunt, repeated across outlets, underscores Tehran's defiance.

Regional Ripples

UAE defenses intercepted two Iranian ballistic missiles and three drones Friday, with three injuries reported but no official Iranian response.[query context] In southern Lebanon, Israeli strikes killed at least 31, including a rescue worker, per state media; Hezbollah claimed 26 counterattacks.

US-mediated Israel-Lebanon peace talks are set for May 14-15 in Washington, focusing on borders, Hezbollah disarmament, and aid—despite ongoing fire.

Path Ahead Uncertain

With oil prices elevated and shipping at risk, diplomats push for a deal before Monday. Trump reiterated no nuclear weapons for Iran, while Araghchi vowed resistance to pressure. Markets and mariners await clarity from the Hormuz strait.

Trump says ceasefire holds with Iran despite US warship attacks, Chinese tanker hit in Hormuz

US President Donald Trump has indicated that the ceasefire with Iran remains in effect despite overnight clashes in the Strait of Hormuz, as Tehran confirmed a Chinese oil tanker came under attack with no casualties reported among crew members aboard.

The US military carried out retaliatory strikes on Iranian targets on Thursday, targeting sites it said were responsible for attacking American naval destroyers in what Pentagon officials described as unprovoked hostilities by Tehran.

Trump said US forces inflicted “significant damage” on Iranian positions after three American destroyers came under missile and drone fire, while also signalling he remained open to negotiations with the Iranian leadership.

No damage to US vessels

“There was no damage to the three destroyers, but major damage was dealt to the Iranian attackers,” Trump wrote on Truth Social, adding that drones fell “like a butterfly dropping to its grave.”

He warned that Washington would respond “a lot more violently” in future if Tehran does not quickly agree to a deal. The President described the strikes as a “love tap”, adding that “the ceasefire is going. It’s in effect.”

Iran’s top joint military command, however, accused Washington of violating the ceasefire by targeting an Iranian oil tanker and another ship entering the Strait of Hormuz, and by striking civilian areas.

Chinese vessel attacked

China’s Foreign Ministry confirmed that a Chinese oil tanker was attacked in the strait, with Chinese citizens on board. No crew members were reported injured in that incident, though Beijing expressed deep concern over the escalating tension.

Al Jazeera reported that China has announced an increase in retail petrol and diesel prices from May 9, with petrol rising by 320 yuan (approximately ₹4,440) per metric ton and diesel by 310 yuan (roughly ₹4,302) per metric ton.

1,500 ships stranded

The humanitarian impact continues to grow. Arsenio Dominguez, Secretary-General of the UN Maritime Agency (IMO), stated that approximately 1,500 ships are now stranded in the Strait of Hormuz region, with nearly 20,000 sailors trapped alongside them.

Indian sailors stranded near Hormuz have told media outlets they are living in fear as the conflict intensifies. “We’ve seen war, missiles, everything. We’re mentally exhausted,” Al Jazeera quoted an Indian sailor stranded at an Iranian port for nearly 10 weeks as saying. The sailor said he was surviving on basic food supplies including potatoes, onions, tomatoes and bread.

India in touch with Iran

The Ministry of External Affairs said New Delhi remains in touch with Iranian authorities over the safe passage of Indian vessels. MEA spokesperson Randhir Jaiswal confirmed that 11 Indian ships have returned so far, while 13 Indian-flagged vessels remain in the region.

“We are following all developments in West Asia. Any attack on civilian infrastructure or civilians is totally unacceptable to us,” Jaiswal said.

Oil prices have jumped following the clashes, with Brent crude futures rising as much as 7.5 percent during Thursday’s volatile trading session before easing to $101.12 per barrel on Friday morning.

US-Iran Clashes Flare in Strait of Hormuz, Trump Insists Ceasefire Holds

Vessels ablaze, oil prices spike as attacks test fragile truce amid stranded ships and global fears

Multiple vessels caught fire near the Strait of Hormuz on Friday after fresh US-Iran clashes, even as President Donald Trump insisted the ceasefire remains "in effect." NASA's FIRMS satellite detected fire activity across several spots following missile and drone exchanges, with UAE air defences activated amid blasts off Abu Dhabi coast. The incidents, unfolding just hours apart, have stranded nearly 1,500 ships and pushed Brent crude above $101 a barrel.

Vessels Ablaze Off Hormuz

Reports emerged around 12:22 PM IST of vessels burning near the strategic waterway, a chokepoint for 20% of global oil. Initial satellite imagery showed flames at multiple locations, linked to overnight attacks between US warships and Iranian assets. US Central Command confirmed Thursday's retaliatory airstrikes hit Iranian missile sites, drone launch pads, and command centres after three American destroyers faced "provocative attacks" while transiting the strait.

No casualties were reported from the US side. Trump, posting on Truth Social, described the destroyers as unscathed, with Iranian drones falling "like a butterfly dropping to its grave." He called the strikes a mere "love tap," but warned of "a lot more violent" responses if no deal comes fast.

UAE on High Alert

The UAE scrambled air defences Friday morning as explosions echoed off Abu Dhabi, where US assets are based. The defence ministry's Arabic statement on X noted "ongoing engaging operations of missiles and UAVs," with sounds ringing across the country. Authorities urged vigilance but reported no direct hits on mainland soil. Separately, UAE firm Gulf Marine Services logged a 24% Q1 profit drop to $19.5 million, blaming vessel evacuations from a GCC nation in March amid the war.

Local sources said the nation is compiling a record of Iranian attacks for future legal action, via a new national committee.

Trump: Ceasefire Intact, Deal Possible

Trump doubled down on the truce holding, despite Iran's top command accusing the US of violating it by hitting an oil tanker and civilian areas. "The ceasefire is going. It's in effect," he told US media, framing strikes as defensive. He dismissed talk of a "one-page offer" to Tehran, calling it broader—demanding no nuclear weapons and handover of "nuclear dust."

Sources familiar with the matter point to backchannel talks via Pakistan for a 30-day halt to hostilities, keeping Hormuz open while permanent negotiations run. Trump signalled willingness to negotiate, but only if Iran acts quickly.

Stranded Ships, Sailor Fears

The UN's IMO estimates 1,500 vessels stuck in the region, crippling oil and gas chains. Food shortages worsen in places like Somalia. Indian sailors aboard a cargo ship in Iran's Shatt al-Arab waterway spoke of terror to Al Jazeera: "We've seen war, missiles, everything. We're mentally exhausted." Stuck for 10 weeks over unpaid wages, they survive on potatoes, onions and bread; some escaped via Iran-Armenia border, but 20,000 sailors region-wide remain trapped.

Pakistan seeks repatriation of 11 Pakistani and 20 Iranian crew from US-seized vessels, coordinating with mediators.

Oil Surge, Wider Fallout

Brent crude jumped 7.5% Thursday to $103.70 before easing to $101.12 by Friday Asia open—up 40% since the war's oil shortfall hit 14.5 million barrels daily. One tanker reached South Korea after dodging the blockade, first since Iran shut the strait in late February.

Japan's MOL confirmed its ships crossed without Tehran's proposed fees, via stakeholder coordination; two India-flagged LPG carriers followed suit.

Regional Tensions Spill Over

Iran's VP Mohammad Reza Aref claimed a "great victory" soon, with sanctions lifted, per state media. Meanwhile, Israel-Hezbollah fighting reignited: IDF killed Hezbollah's Radwan unit commander in Beirut, ordered Lebanese evacuations, and shelled south Lebanon sites. A Lebanese civil defence member died in an airstrike.

UN drama brews too—Russia and China poised to veto a US-Bahrain resolution on Hormuz freedom; Iran slammed it as "one-sided."

Sanctions and Standoff

US hit new sanctions on Iraq's deputy oil minister and Iran-linked firms for oil trades aiding proxies. As ships idle and prices climb, eyes turn to talks. Will the 30-day proposal break the deadlock, or fuel more fire in Hormuz?

Trump Optimistic as Iran War Nears End; Tehran to Respond to US Proposal Today

US President Donald Trump has expressed confidence that the ongoing conflict with Iran will conclude quickly, with Tehran expected to deliver its response to a proposed peace agreement through mediators on Thursday.

Tensions in the Middle East appear to be easing as diplomatic efforts gain momentum. US President Donald Trump stated on Wednesday that the war with Iran “will be over quickly,” while pushing for a resolution covering the Strait of Hormuz and Tehran’s nuclear programme. 

According to multiple reports, Iran is set to hand over its formal response to mediators today regarding a US-backed framework aimed at ending hostilities.

Diplomatic Breakthrough on the Horizon

Negotiations have reportedly advanced significantly in recent hours. Sources indicate that a 14-point Memorandum of Understanding is under discussion, though not yet finalised. The proposed deal includes a formal declaration to end the war, followed by a 30-day window for detailed talks on key issues such as navigation through the Strait of Hormuz, Iran’s nuclear ambitions, and potential easing of US sanctions.

Possible venues mentioned for further discussions include Islamabad and Geneva. Trump, speaking during a tele-rally and later at the White House, described recent talks as “very good” and reiterated that Washington’s actions were meant to stop Iran from acquiring nuclear weapons. 

Trump Warns of Consequences, Highlights Progress

In a Truth Social post earlier, the US President had warned that failure to agree would lead to intensified military action. However, his tone shifted to one of cautious optimism on Wednesday night. “They want to make a deal, and we’ll see if we can get there,” he remarked during a White House event. 

Trump also shared a chart on Truth Social comparing the current “Iran Excursion,” reportedly lasting about six weeks, with much longer previous US conflicts in Afghanistan, Iraq, and Vietnam. He captioned it simply: “Wow. Study this Chart!”

Officials familiar with the matter said the US maintains a strong naval presence in the region, described by Trump as acting like a “steel wall,” restricting Iranian vessel movements. He added that the situation remains “under control.” 

Market Reaction Positive Amid Ceasefire Hopes

Global markets responded favourably to the de-escalation signals. Oil prices fell sharply on Wednesday, with Brent crude settling around $101 per barrel, down nearly 8% from the previous day. Just a week ago, prices had climbed above $120 amid supply fears. 

Equity markets also climbed, reflecting investor relief over potential stabilisation in energy supplies. The developments come against the backdrop of ongoing supply disruptions affecting several regions. 

South Korea, for instance, extended its ban on petroleum stockpiling for another two months to manage domestic fuel market stability. 

Regional Spillovers Continue

While focus remains on US-Iran talks, related tensions persist. Israeli forces carried out strikes in southern Lebanon, including one targeting Erzi town near Sidon and another in Beirut’s southern suburbs that reportedly killed Malek Balou, a commander of Hezbollah’s Radwan Force. 

Four Israeli soldiers were injured in a separate drone attack in southern Lebanon. Israeli Prime Minister Benjamin Netanyahu stated that no terrorist would be safe and emphasised protection for northern Israeli communities.

ASEAN Summit to Discuss Energy Fallout

The broader West Asia crisis is also drawing international attention. Leaders at the ongoing ASEAN summit in Cebu, Philippines, are expected to prioritise discussions on the global fuel crisis and its impact on energy and food security for the region’s nearly 700 million people. 

Analysts note that managing economic fallout from the conflict could take precedence over other regional issues during the meeting. 

What Lies Ahead

Iran’s response today will be crucial in determining whether a ceasefire materialises within the next 48 hours, as some reports suggest is possible. While both sides appear interested in de-escalation, significant differences remain on nuclear issues and sanctions relief. 

Local authorities and shipping trackers continue monitoring maritime movements, with some empty tankers still navigating Iran-linked routes despite sanctions. 

The coming hours could mark a turning point in one of the more intense chapters of recent Middle East tensions, with implications for global energy markets, shipping routes, and regional stability. 

US Accuses China of Funding Iran Amid Hormuz Tensions

US-China tensions rise as Washington links Beijing’s Iran oil imports to terrorism financing, urges support to reopen Strait of Hormuz ahead of Trump visit

Sharp remarks from US

In a pointed escalation of rhetoric, US Treasury Secretary Scott Bessent has accused China of effectively financing Iran by continuing to import large volumes of its oil, describing Tehran as the “largest state sponsor of terrorism”. The comments come at a sensitive moment, just days before US President Donald Trump is scheduled to visit Beijing for high-level talks with Chinese President Xi Jinping.

According to officials familiar with the matter, the remarks were made during a media interaction on Monday and reflect growing unease within Washington over Beijing’s energy ties with Tehran.

Oil trade under scrutiny

Bessent alleged that China has been purchasing nearly 90 per cent of Iran’s energy exports, a claim that underscores longstanding US concerns over sanctions enforcement. “Iran is the largest state sponsor of terrorism, and China has been buying most of their energy,” he said, suggesting that such transactions were helping sustain the Iranian regime despite Western pressure.

The US has, since 2018, attempted to restrict Iran’s oil revenues under its “maximum pressure” campaign, following its exit from the nuclear agreement known as the Joint Comprehensive Plan of Action (JCPOA).

Hormuz crisis deepens

The criticism comes amid rising tensions in the Strait of Hormuz, a critical maritime corridor through which a significant portion of the world’s oil supply passes. Recent disruptions, which Washington attributes to Iranian actions, have affected shipping movement in the region.

Bessent said the US was working to reopen the waterway through an initiative dubbed “Project Freedom”, aimed at ensuring safe passage for vessels currently stranded or rerouted due to the situation.

Call for China’s support

Despite the sharp tone, the US has urged Beijing to play a constructive role. Bessent called on China to back international efforts to secure the Strait of Hormuz and to use its diplomatic leverage with Iran.

“I would urge the Chinese to join us in supporting this international operation,” he said, adding that Beijing’s influence could prove critical in persuading Tehran to ease tensions and restore normalcy in the shipping lane.

Sources indicated that Washington sees China’s involvement as key, given its deep economic engagement with Iran, particularly in the energy sector.

Diplomatic pressure on Tehran

Alongside operational support, the US is also pushing for diplomatic intervention. Officials suggested that China could help de-escalate the crisis by encouraging Iran to reopen the strait and avoid further confrontation.

Bessent reiterated that the US had made it clear Iran does not have unilateral control over the strategic passage and that international cooperation would be necessary to maintain maritime security.

UN stalemate continues

Efforts to build a global consensus, however, have faced hurdles. At the United Nations, a proposed resolution condemning Iran’s alleged blockade of the Strait of Hormuz was recently vetoed by China and Russia, leading to a diplomatic impasse.

Defending Beijing’s position, Chinese envoy Fu Cong said the draft lacked balance and did not adequately reflect the broader geopolitical context, including actions by the US and its allies.

Beijing pushes back

China has also pushed back against US sanctions targeting its firms engaged in Iranian trade. Responding to recent measures, Chinese Foreign Ministry spokesperson Lin Jian criticised what he described as “illicit unilateral sanctions” and cautioned Washington against overreach.

Analysts note that China’s continued engagement with Iran reflects both strategic and economic considerations, including energy security and regional influence.

Focus on upcoming summit

The developments come ahead of the anticipated Trump–Xi meeting, which is expected to cover a wide range of issues including trade, security, and regional stability. While tensions remain high, there are indications that both sides may seek to stabilise ties through dialogue.

Bessent suggested that leader-level engagement could help ease friction, noting that mutual respect between the two countries’ leadership has previously contributed to stability.

As the situation unfolds, the US-China-Iran dynamic is likely to remain a focal point in global diplomacy, particularly with the Strait of Hormuz tensions continuing to impact energy markets and international shipping.

Trump to review Iran proposal, warns strikes possible 

US President says Tehran has not paid enough price, as Iran’s 14-point plan seeks guarantees on the Hormuz blockade and ceasefire.

President Donald Trump has said he will “soon” review a fresh 14-point proposal from Iran, but signalled low expectations for a breakthrough, claiming Tehran has not “paid enough price” for its actions. His remarks came even as a fragile truce holds between the two sides following weeks of military strikes.

‘Decimated and confused’

Speaking to reporters in Florida, Trump said the US is “doing very well” regarding Iran. “They want to make a deal. They are having a hard time figuring out who their leader is,” he said, adding that their former Supreme Leader “is gone”. He did not elaborate on the reference to Ali Khamenei.

When asked whether strikes against Iran could restart, Trump said the possibility remains. “If they misbehave, or do something bad, strikes could happen. We’ll see for now,” he said.

What Iran’s proposal demands

According to Iran’s Tasnim news agency, Tehran’s 14-point plan includes guarantees of non-aggression, an end to the US naval blockade, war reparations, and a halt to hostilities on all fronts — including in Lebanon. It also reportedly proposes a “new mechanism” for the Strait of Hormuz, where ship traffic has dropped nearly 90% in recent weeks.

US-based Axios reported that the Iranian proposal sets a one-month deadline for negotiations to reopen the Strait and end the blockade, followed by another month of talks on the nuclear programme.

No nuclear enrichment surrender

A major sticking point remains Iran’s uranium enrichment. The US has demanded Tehran halt all enrichment as part of any deal. Iran has refused, insisting the Non-Proliferation Treaty guarantees its right to enrich for peaceful purposes — energy, medicine, and industry. Weapons-grade enrichment requires 90%, while Iran’s stated civilian needs remain between 3-5%.

Economic pain on both sides

The war’s economic fallout is spreading. In Iran, prices of food, medicine, and essentials have risen sharply, according to reports from ground level. The US blockade of Iranian ports is straining supply chains. Meanwhile, US budget carrier Spirit Airlines collapsed last week, with rising fuel costs from the conflict partially blamed for its shutdown.

Syria has emerged as an alternative energy corridor. Hundreds of Iraqi oil tankers are now carrying crude by road to Syria’s Baniyas Port on the Mediterranean, from where it is shipped to Europe. Experts say the overland route is more expensive but necessary while the Strait of Hormuz remains largely blocked.

Hormuz blockade and a tanker that got through

Despite the US naval blockade, monitoring firm TankerTrackers.com reported that an Iranian Very Large Crude Carrier evaded the blockade and reached the Asia-Pacific region with over 1.9 million barrels of oil worth nearly $220 million. The vessel had switched off its Automatic Identification System since mid-March.

What next

Trump said he is waiting for the “exact wording” of Iran’s proposal. Sources familiar with the matter said the White House is unlikely to accept terms that leave Iran’s nuclear infrastructure intact. For now, the ceasefire remains tense — Israeli shelling was reported in southern Lebanon’s Tyre district as recently as Saturday morning, with seven killed in airstrikes.

Local authorities in the region have described the truce as “only on paper”. A Doctors Without Borders emergency physician in Tyre said civilians, including children, are still being bombed.

Whether the US and Iran move toward negotiations or another round of strikes may become clearer once Trump finishes his review in the coming days.

Trump Hikes Tariffs on EU Cars, Trucks to 25% 

US President Donald Trump announces sharp tariff increase on European Union vehicles citing non-compliance with the Turnberry Agreement, urging manufacturers to shift production to America.

US President Donald Trump on Friday declared that tariffs on cars and trucks imported from the European Union will rise to 25 percent starting next week. The move escalates trade tensions and reflects growing frustration over the bloc’s adherence to last year’s bilateral trade framework.

According to officials, the decision stems from the EU’s alleged failure to fully comply with the Turnberry Agreement signed in July last year between Trump and European Commission President Ursula von der Leyen. The pact, named after Trump’s golf resort in Scotland, aimed to ease trade frictions and set a baseline tariff structure.

Trade Deal Under Strain

The Turnberry Agreement had brought a temporary calm after months of threats. Under its terms, the US applied around 15 percent tariffs on most EU goods, a significant reduction from earlier warnings of up to 30 percent. In return, Europe promised increased investments and policy adjustments to support American exports.

However, differences emerged over time. Issues related to steel, aluminium, and broader market access created friction, particularly with major economies like Germany and France. Recent domestic legal developments in the US, including a Supreme Court ruling limiting presidential powers on emergency tariffs, also influenced adjustments, with some rates temporarily lowered to 10 percent in select cases.

Trump, in his announcement, made it clear that European companies could avoid the new levies entirely by manufacturing in the United States. “If they want to avoid the tax, build your cars and trucks in America,” he reportedly emphasised.

Booming US Auto Investments

The President highlighted substantial new investments in American auto manufacturing. He pointed to over $100 billion flowing into new factories and expansions, claiming this level of activity was unprecedented. These projects are expected to generate thousands of jobs for American workers, aligning with his long-standing “America First” manufacturing push.

Local reports from industrial hubs suggest construction activity has picked up in several states, with companies like GM and Stellantis cited in related expansions. Officials familiar with the matter said these developments demonstrate the policy’s success in attracting production back to US soil.

Impact on European Carmakers

Germany and France stand to face the most significant pressure. Both nations host major automakers whose vehicles enjoy strong demand in the lucrative US market. A 25 percent tariff would make European models considerably more expensive for American buyers, potentially reducing sales volumes.

Industry observers warn that lower exports could force production cuts in Europe, affecting employment in the auto sector and related supply chains. Economic growth in export-dependent EU countries might also slow as a result.

Potential Blowback for American Consumers

The policy is not without domestic consequences. Higher prices for popular European brands could hit American buyers, limiting choices and contributing to inflationary pressures in the vehicle segment. Dealers and consumers may feel the pinch in the coming months as inventories adjust to new pricing.

Analysts also point to the risk of retaliation. The EU could respond by raising barriers on American goods, setting the stage for a broader trade war that might hurt farmers, manufacturers, and service providers on both sides of the Atlantic.

Geopolitical Context

The tariff announcement comes amid other transatlantic differences, including approaches to the Iran situation. Several EU nations have shown reluctance to support certain US positions, adding another layer to the complex relationship.

As of late Friday, European officials had not issued a detailed formal response, though markets reflected immediate concerns with some automaker stocks declining.

The coming days are likely to see intense diplomatic engagement. Both sides have previously expressed commitment to dialogue, but the higher tariffs test the resilience of the Turnberry framework. Whether this pressure yields more investments in the US or sparks fresh negotiations remains to be seen.

The development is being closely watched by global markets and trading partners, as it could signal further shifts in Washington’s approach to international commerce.

United States President Donald Trump plunged the Middle East into fresh uncertainty on Thursday, posting a cryptic AI-generated image of himself on Truth Social with the warning: “THE STORM IS COMING. NOTHING CAN STOP WHAT IS COMING.”

The message appeared just hours before a scheduled briefing where he is expected to receive new military options regarding Iran from CENTCOM Commander Admiral Brad Cooper.

According to a report by Axios citing two sources familiar with the matter, the briefing signals that Trump is seriously considering a return to major combat operations. The goal, officials indicated, would be to either break the diplomatic deadlock in nuclear negotiations or deliver what some describe as a final blow before any potential truce.

Oil prices cross $126

The mere anticipation of the briefing rattled global energy markets. Brent crude oil surged past $126 a barrel on Thursday, touching a high of $126.20—a level not seen since March 2022. The spike comes as the US maintains a stiff naval blockade around Iranian ports, with CENTCOM claiming it has forced at least 42 commercial vessels to reroute.

Iran’s President Masoud Pezeshkian responded defiantly on Thursday, calling the blockade “doomed to fail” and a violation of international law. “Any attempt to impose a maritime blockade is contrary to international law and is doomed to fail,” he said in a statement, adding that such measures only deepen regional instability.

CENTCOM briefing at a critical juncture

The briefing with Admiral Cooper comes at a particularly delicate moment. Reports emerged just 24 hours ago that Iran’s revised peace proposal could be submitted by Friday, according to CNN quoting sources familiar with ongoing mediation efforts.

But Trump on Wednesday already signaled a hard line, saying “there will never be a deal unless they agree that there will be no nuclear weapons.”

On the ground, the situation remains volatile. Israeli forces continued operations in southern Lebanon and Gaza, with the IDF claiming it killed a Hamas operative planning an “immediate” attack on troops. Meanwhile, the Israeli navy intercepted a Gaza-bound flotilla in international waters near Crete, detaining some 400 activists, a move the UN’s special rapporteur called “apartheid without borders.”

Iran’s economy under severe strain

Inside Iran, the war’s toll is increasingly visible. Official data released on Thursday showed annual inflation hitting a staggering 73.5% in the month ending April 20. The smallest banknote, worth 100,000 rials, now barely buys two loaves of bread. Unemployment has touched a record 25%, and pension payments are reportedly facing delays.

In a rare public statement, Iran’s Reformists Front called for an end to unequal internet access, arguing that cybersecurity policy should shift away from “broad shutdowns” toward more technical approaches.

The blockade and the strait

Trump, in a meeting with oil executives earlier this week, reportedly defended the blockade as more effective than bombing. Iran’s top military adviser, Mohsen Rezaei, warned on state television that Tehran “will not tolerate” an extension of the blockade.

“The Indian Ocean is extremely vast, and we can easily pass through it; we have already done so,” Rezaei said.

But US officials claim the restrictions are working. CENTCOM estimates Iran has lost over $6 billion in potential revenue from stranded oil shipments. In a further pressure move, US Treasury Secretary Scott Bessent revealed that Washington has seized nearly half a billion dollars in Iranian cryptocurrency assets.

What happens next

All eyes are now on the White House. The outcome of today’s CENTCOM briefing could determine whether the fragile ceasefire holds or collapses entirely. European Commission President Ursula von der Leyen warned on Thursday that the consequences of this conflict may echo “for months or even years to come.”

For now, Trump’s “storm” remains a warning. But with oil at $126 and a naval blockade in place, the region is already feeling the rain.

King Charles jabs Trump over language, White House history

In a witty White House toast, Charles recalls British role in saving America from French, flips Trump's WWII quip amid historic visit

King Charles III delivered a playful broadside at US President Donald Trump during a state dinner at the White House on Tuesday evening, 28 April, quipping that without British intervention nearly 250 years ago, Americans might still be speaking French.

The remark, made over a lavish dinner, cleverly flipped a recent comment by Trump from the Davos summit in January. There, Trump had warned European leaders that without US sacrifices in World War II, they would be speaking German—or even Japanese. "Dare I say that if it wasn't for us, you'd be speaking French," Charles said, nodding to the 18th-century rivalry between Britain and France over North American colonies, which Britain ultimately won.

Playful Historical Digs

Charles didn't stop there. He took a light jab at ongoing renovations in the White House's East Wing, where Trump has approved a $400 million grand ballroom project after demolishing the old structure. "We also tried our hand at real estate development at the White House in 1814," the King noted dryly, alluding to British troops setting fire to the building during the War of 1812.

He wrapped the historical nods with a nod to the Boston Tea Party of 16 December 1773, when American colonists dumped tea into Boston Harbour to protest British taxes—a spark for the War of Independence. "This dinner is far more pleasant than that," Charles added, drawing chuckles from the guests.

Trump's Response and Congress Applause

Trump, in his reply, praised Charles's earlier address to a joint session of US Congress that day. "You did what I could never do—you got the Democrats to stand up," he joked, highlighting how even opposition Democrats gave the King a standing ovation in the House Chamber at the US Capitol—something rare for the Republican president.

Sources close to the event described the atmosphere as warm, despite underlying tensions. Charles's visit marks his first to the US as king, though it's his 20th overall. Queen Camilla accompanied him, greeting crowds alongside Trump and Melania Trump outside the White House.

Submarine Bell Gift Seals Bond

As a diplomatic touch, Charles gifted Trump a bell from the British submarine HMS Venturer, launched in 1944 during World War II. "It should symbolise our shared history and bright future," he said, smiling. "If you ever need to call us, just ring the bell." The gesture comes amid strains over recent US-Israeli strikes on Iran, which Trump criticised Britain for not joining—prompting barbs at Prime Minister Keir Starmer.

Trump raised the Iran issue himself during talks, stressing mutual agreement that Tehran must not acquire nuclear weapons. Initial reports indicate the leaders found common ground on security matters.

Echoes of 250-Year Shift

Charles's Congress speech praised America's democratic checks and balances, dividing power among president, Congress, and courts—a subtle contrast to monarchical rule Britain once imposed. "Differences from 250 years ago have given way to one of the world's most important alliances," he said, underscoring the UK-US "special relationship."

The exchange highlights enduring transatlantic banter rooted in history, even as global challenges like Iran test ties. Officials say the visit strengthens goodwill, with Charles wrapping up his US trip amid packed schedules.

Public reactions online buzzed with clips of the toasts, blending amusement at the history lesson with appreciation for the leaders' rapport. Analysts note such humour often smooths diplomatic edges.

The White House dinner shooting suspect explicitly excluded FBI Director Kash Patel from his target list, even as he named senior Trump administration officials in a manifesto sent minutes before opening fire at the White House Correspondents’ Association dinner in Washington. The reason for sparing Patel remains unclear, according to officials and US media reports. This Latest News Today development has added a fresh layer to the ongoing federal investigation into one of the most serious security breaches at a high-profile US political event in recent years.

Attack At Dinner

The shooting unfolded late Saturday at the Washington Hilton during the annual White House Correspondents’ Association dinner, attended by President Donald Trump, senior cabinet members, journalists and top officials.

Authorities identified the suspect as 31-year-old Cole Tomas Allen, who allegedly arrived armed with multiple weapons, including a shotgun and a handgun. Officials said Allen was intercepted near the main security screening area before he could enter the ballroom.

Patel Left Out

Investigators said Allen’s manifesto listed “administration officials” as his intended targets but specifically excluded FBI Director Kash Patel.

According to reports, the suspect wrote that administration officials were “targets, prioritised from highest-ranking to lowest”, but added an exception for Patel. Officials have not disclosed any motive for that exclusion, and investigators have not yet established whether Patel was deliberately spared for ideological or personal reasons.

Manifesto Reveals Intent

The manifesto, sent to family members roughly 10 minutes before the shooting, outlined both Allen’s political grievances and his operational plan.

According to investigators, the suspect described himself as a “Friendly Federal Assassin” and claimed he intended to target members of the Trump administration. He also detailed his weapons, route and tactical choices, including his decision to use buckshot to reduce wall penetration and limit unintended casualties.

Trump Was Present

Trump was attending the White House Correspondents’ dinner for the first time in a decade and was reportedly preparing remarks critical of the media when shots were fired.

Secret Service agents immediately evacuated Trump, First Lady Melania Trump, Vice President JD Vance and other senior officials. Trump was unharmed. One federal officer was struck in a bullet-resistant vest and is expected to recover, according to officials.

Security Under Scrutiny

The incident has raised sharp questions over event security, particularly how the suspect allegedly moved weapons into the hotel despite the presence of layered screening protocols.

US media reports said Allen had booked his stay in advance and may have exploited his hotel guest status to bypass stricter checks before the dinner began. Investigators are now reviewing hotel access, screening gaps and advance security planning.

Charges And Probe

Allen was taken into custody after an exchange of fire with law enforcement near the screening checkpoint. US Attorney Jeanine Pirro said the suspect is expected to face federal charges, including assault on a federal officer and firearms-related offences. Officials indicated that additional charges may follow as investigators review the manifesto, digital records and travel history.

What Comes Next

Federal agencies are now examining the suspect’s motive, ideological leanings and the unexplained decision to leave Kash Patel off the hit list.

That unanswered detail has become a central line of inquiry in the case, as investigators piece together whether the exclusion was symbolic, strategic or linked to a broader grievance.

Iran has openly questioned Pakistan’s suitability as a mediator in backchannel talks involving Tehran and Washington, adding a fresh diplomatic strain to an already volatile regional situation. The remarks came as efforts to reduce tensions in the Middle East remained inconclusive and no breakthrough was reported in indirect engagement between Iran and the United States.

Ibrahim Rezaei, spokesperson for the Iranian Parliament’s National Security and Foreign Policy Committee, said Pakistan may be a friendly country but it cannot be considered an impartial mediator in negotiations involving Iran and the US.

Pakistan’s neutrality questioned

Rezaei said Pakistan has repeatedly shown a tendency to align with American interests, particularly those linked to former US President Donald Trump, and therefore cannot be viewed as neutral. According to Iranian officials, a credible mediator must maintain equal distance from both sides and avoid favouring one party in strategic negotiations.

His remarks signal growing unease within sections of the Iranian establishment over Islamabad’s diplomatic positioning at a time when multiple regional powers are attempting to prevent further escalation.

The statement also comes amid heightened diplomatic movement. Iranian Foreign Minister Abbas Araghchi visited Pakistan twice within 24 hours, underlining the urgency of consultations taking place behind closed doors, as per reports.

Trump issues warning

The diplomatic friction coincided with a sharp warning from Donald Trump, who claimed Iran had only three days to agree to a ceasefire or risk serious damage to its oil infrastructure.

In an interview with Fox News, Trump said Iran’s oil pipeline system could face internal pressure-related blasts if the conflict continued and export routes remained blocked. He argued that if Iran is unable to move crude through shipping channels or storage networks due to blockade conditions, pressure could build inside pipelines and trigger structural failures.

Trump claimed such damage would be technically difficult to reverse and could significantly reduce Iran’s oil export capacity over the long term.

Oil routes in focus

Trump’s remarks have drawn attention to Iran’s energy infrastructure, which remains central to both its economy and geopolitical leverage. Any disruption to oil movement, whether through sanctions, blockade or military escalation, could deepen pressure on Tehran and impact global energy markets.

Analysts tracking the region say oil remains one of Iran’s strongest strategic assets and a prolonged disruption could alter the balance of ongoing negotiations. While Trump is not currently in office, his comments continue to influence political discourse around US-Iran policy and remain closely watched in National and International News coverage.

Diplomatic pressure grows

The latest developments reflect the increasing complexity of diplomatic efforts involving Iran, the US and regional actors. Pakistan has sought to maintain engagement with both sides, but Tehran’s latest public criticism suggests trust remains limited.

According to officials familiar with regional discussions, mediation efforts have become more difficult as competing strategic interests continue to shape positions across the region. Iran’s public criticism of Pakistan may also complicate Islamabad’s attempts to project itself as a credible intermediary in future talks.

Regional stakes rise

The broader implications extend beyond diplomacy. Any failure in de-escalation efforts could trigger fresh disruptions in oil markets, deepen military tensions and draw more regional players into an already fragile conflict environment.

For Pakistan, the criticism presents a diplomatic challenge. For Iran, it signals a firmer public stance on who it considers acceptable in sensitive negotiations. For the US, the lack of progress keeps the confrontation unresolved.

What comes next

No formal agreement has emerged from the latest round of diplomatic activity, and neither Tehran nor Washington has indicated any immediate shift in position. Pakistan has not publicly responded to Rezaei’s remarks so far.

With Iran questioning Pakistan’s mediator role and Trump renewing pressure on Tehran, the coming days may prove critical for US-Iran talks.