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China announced on Friday that it will impose a 34 percent tariff on all imports of US goods starting April 10, in retaliation for the steep tariffs recently introduced by the United States. The Chinese finance ministry confirmed that this additional levy will be added to existing tariff rates on American products. Furthermore, China's Commerce Ministry is enacting export controls on seven rare earth elements, including gadolinium and yttrium, which are essential for various technologies. In response to the US tariffs, which include a 10 percent levy on imports globally and a particularly harsh 34 percent on Chinese goods, Beijing plans to file a lawsuit with the World Trade Organization (WTO). This escalation marks a significant step in the ongoing trade conflict, with China vowing to take necessary countermeasures to safeguard its economic interests. 
Published: Apr 04 2025, 4 pmeznews.inBritain is reportedly contemplating the deployment of troops to Ukraine for a period of up to five years, according to a report by The Telegraph. This proposal, which is part of ongoing discussions among allied nations, aims to establish a European-led force in Ukraine. The primary objective would be to deter any potential Russian violations of a peace settlement while providing crucial support to Ukrainian forces. A spokesperson for British Prime Minister Keir Starmer indicated that a "significant number" of countries are prepared to contribute peacekeeping troops should a peace agreement with Russia be reached. The discussions reflect a growing commitment among Western allies to bolster Ukraine's security amid ongoing tensions with Russia.
Published: Apr 11 2025, 5 ameznews.inElon Musk announced on Thursday that his role as chief cost-cutter for the Trump administration is projected to save $150 billion in fiscal year 2026, a significant reduction from previous estimates of up to $2 trillion. Speaking at a White House cabinet meeting, Musk claimed these cuts would enhance services for Americans. As an advisor focused on reducing federal spending, Musk had previously suggested that his Department of Government Efficiency could achieve savings of a trillion dollars. His involvement has drawn scrutiny, particularly due to his companies' substantial government contracts and the access his reform team, known as DOGE, has gained to sensitive data through the US Treasury. President Trump praised Musk's DOGE teams as "fantastic" and encouraged their continued efforts to drive further cost reductions. Musk's tenure at the White House is set to conclude next month amid ongoing debates about the implications of his initiatives.
Published: Apr 11 2025, 5 ameznews.inFiles pertaining to the assassinations of former US Attorney General Robert F. Kennedy and civil rights leader Martin Luther King Jr. are set to be released in the coming days, according to Tulsi Gabbard, Director of National Intelligence. This action follows an executive order signed by President Donald Trump in January, which mandated the unredacted release of records related to these assassinations, alongside those of President John F. Kennedy. Gabbard revealed that over 100 personnel are currently scanning decades-old documents, previously stored away and unseen. The National Archives has gradually released millions of pages concerning Kennedy's assassination, although thousands of documents were withheld at the request of the CIA and FBI. While the Warren Commission concluded that Lee Harvey Oswald acted alone in Kennedy's murder, speculation surrounding a larger conspiracy persists. Robert F. Kennedy was assassinated in 1968 by Sirhan Sirhan, while King was killed the same year by James Earl Ray.
Published: Apr 11 2025, 5 ameznews.inA helicopter crash occurred in the Hudson River near lower Manhattan on Thursday afternoon, according to the New York City Police Department. Reports from ABC News indicate that there have been fatalities, although the Federal Aviation Administration has yet to comment on the incident. The NYPD advised the public to expect emergency vehicles and traffic delays in the vicinity of the crash site, located near the West Side Highway and Spring Street. As authorities respond to the situation, further details are expected to emerge regarding the cause of the crash and the number of casualties involved.
Published: Apr 11 2025, 2 ameznews.inIn Canada, President Donald Trump's recent threats to annex the country and impose punitive tariffs have transformed him into a comic book supervillain, prompting a resurgence of Captain Canuck, a Canadian superhero created in the 1970s. Captain Canuck, a Mountie with superhuman strength, symbolizes Canadian independence and sovereignty amid growing resentment towards American leadership. Richard Comely, the character's co-creator, noted that Canadians are rallying around Captain Canuck as a symbol of national pride in response to Trump's rhetoric, which has sparked widespread protests and a call for a decisive government mandate to counter his actions. With Trump depicted as a classic comic book antagonist, the character's renewed popularity has led to increased interest from Canadian companies and a surge in comic book sales, illustrating how political tensions have revitalized a cultural icon.
Published: Apr 11 2025, 2 ameznews.inA federal judge in Boston has halted the Trump administration's attempt to revoke the temporary legal status of hundreds of thousands of migrants from Cuba, Haiti, Nicaragua, and Venezuela. U.S. District Judge Indira Talwani ruled that the Department of Homeland Security's decision to terminate a two-year "parole" program, initially established under former President Joe Biden, stemmed from a misinterpretation of the law. This ruling underscores ongoing legal battles surrounding immigration policy in the United States and provides temporary relief for those affected by the potential loss of their legal status. The decision highlights the complexities and challenges faced by the current administration in navigating immigration issues and the legal frameworks that govern them.
Published: Apr 11 2025, 2 ameznews.inIn a notable diplomatic move, the United States and Russia conducted a prisoner swap on Thursday, exchanging ballet dancer Ksenia Karelina for Arthur Petrov, a sanctions-busting suspect. Karelina, a US-Russian dual national, was convicted in Russia of treason for a $50 donation to a pro-Ukraine charity, while Petrov faced charges in the US for illegally exporting electronics to Russian military suppliers. The exchange occurred at an Abu Dhabi airport, with CIA Director John Ratcliffe acting as the key negotiator. President Trump, who has been seeking to mend US-Russia relations since his term began, expressed hope for a broader peace deal regarding Ukraine. The State Department emphasized ongoing efforts to secure the release of other Americans detained in Russia, including English teacher Stephen Hubbard, as both nations also discussed restoring embassy staffing and banking access amid ongoing tensions.
Published: Apr 11 2025, 2 ameznews.inUK auditors Ernst & Young (EY) have been fined £4.9 million for serious breaches in their audits of the now-defunct travel firm Thomas Cook, according to the Financial Reporting Council. Partner Richard Wilson, responsible for the 2017 and 2018 audits, received a £105,000 penalty. Thomas Cook, which struggled with intense online competition and Brexit-related booking declines, declared bankruptcy in September 2019 after failing to secure £250 million from investors. The collapse resulted in 22,000 job losses and the UK government's largest repatriation effort since World War II, affecting around 150,000 Britons. The watchdog criticized both audits for failing to assure that the financial statements were free from significant misstatements, particularly highlighting serious deficiencies in the 2018 audit. EY expressed regret over the audits falling short of their standards. Thomas Cook was later acquired by Chinese conglomerate Fosun and subsequently resold to the Polish group eSky.
Published: Apr 11 2025, 1 ameznews.inHamas has welcomed French President Emmanuel Macron's announcement that France may recognize a Palestinian state by June, viewing it as a significant advancement for Palestinian rights. Hamas official Mahmud Mardawi described the potential recognition as a "positive shift" in international attitudes towards Palestinian aspirations for freedom and independence, with Jerusalem as its capital. Macron, during a recent interview, emphasized the need for recognition, indicating that the move could occur at a UN conference in New York. Palestinian officials echoed Mardawi's sentiments, asserting that France's recognition would support the two-state solution and safeguard Palestinian rights. However, Israeli Foreign Minister Gideon Saar criticized Macron's plan, labeling it as a "prize for terror" that would hinder peace efforts in the region. Currently, nearly 150 countries recognize a Palestinian state, with recent acknowledgments stemming from international outrage over civilian casualties during the ongoing conflict in Gaza.
Published: Apr 10 2025, 10 pmeznews.inWall Street experienced a significant decline on Thursday as concerns about the economic impact of President Donald Trump's trade war resurfaced, overshadowing a brief rally following his announcement to pause new tariffs. A larger-than-expected drop in US consumer inflation for March heightened fears that the uncertainty surrounding tariff policies is affecting the economy. This led to a sell-off of the dollar, amid worries that rising inflation could compel the Federal Reserve to increase interest rates, potentially stifling growth. Oil prices fell due to fears of reduced demand, while safe-haven assets like gold surged to a record high. Although Asian and European markets initially rallied, Wall Street's downturn dampened enthusiasm. Analysts warned of a volatile tariff narrative, with ongoing tensions between the US and China suggesting a continued economic decoupling. Meanwhile, US Treasury yields fell slightly after a successful bond auction, alleviating some market anxieties.
Published: Apr 10 2025, 11 pm
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