World


China to extend tariff suspension on imported U.S. products

Beijing, Aug. 12 (UNI) China will continue to suspend 24 percentage points of additional duty rate on imports from the United States by 90 days starting from 12:01 p.m. Tuesday, while retaining the remaining additional tariffs of 10 percent on those articles, according to an announcement from the Customs Tariff Commission of the State Council.
The commission said the extended suspension of certain additional tariffs between China and the United States is a step to further implement the important consensus reached between the two heads of state during their phone talks on June 5.
The move serves the interests of both sides in achieving their respective development goals and will contribute to the development and stability of the world economy, the commission added.
More News

Pakistan to raise USD $7 17bn in new revenues, capped power subsidies, phase out zone incentives for FY27

17 May 2026 | 12:01 AM

Islamabad, May 16 (UNI) Pakistan has committed to a sweeping new round of tax increases, higher petroleum levies and fiscal tightening measures under its agreement with the International Monetary Fund, with the Fund projecting federal revenues of PKR17.145 trillion (US$61.43 billion) for the 2026-27 fiscal year, reports Dawn.

see more..

Trump increasingly irritated by Iran's refusal to budge from demands amid approaching midterms and surging fuel prices

16 May 2026 | 10:33 PM

Washington, May 16 (UNI) Amid Iran's refusal to budge from its initial position, US President Donald Trump is growing increasingly frustrated with the lack of progress in negotiations, as the war has dragged on far beyond its expected duration, leading to surging fuel prices in the country, supply shortages, and mounting political pressure on the Trump administration ahead of the US midterm elections.

see more..
MoS Jayant Chaudhary reaffirms India–Uganda ties during visit to swearing-in ceremony of President Museveni

MoS Jayant Chaudhary reaffirms India–Uganda ties during visit to swearing-in ceremony of President Museveni

16 May 2026 | 9:59 PM

New Delhi/Kampala, May 16 (UNI) Minister of State (Independent Charge) for Skill Development & Entrepreneurship Jayant Chaudhary recently visited Uganda to represent India at the swearing-in ceremony of President Gen. Yoweri Kaguta Museveni.

see more..

Trump's visit to China ends without any resolution on Iran war

16 May 2026 | 8:45 PM

Washington, May 16 (UNI) US President Donald Trump returned from his high-level trip to China on Friday without scoring any major breakthrough on the Iran war, a topic that members of his administration had hoped would help resolve following the visit.

see more..

IDF launches fresh airstrikes against Hezbollah post ceasefire extension with Lebanon

16 May 2026 | 8:13 PM

Jerusalem/Beirut, May 16 (UNI) The IDF launched fresh airstrikes against Hezbollah militants in southern Lebanon on Saturday, just a day after Israel and Lebanon agreed to extend their truce by 45-days following their talks in Washington.

see more..